Director’s Bold Move: Major Investment in NBT Bancorp!
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Director Timothy Delaney of NBT Bancorp (NBTB) purchased 10,000 shares valued at $409,750, signaling confidence in the company's future. Following a strong Q3 earnings report and the acquisition of Evans Bancorp, NBTB has shown improved financial performance. Despite challenges like interest rate fluctuations, analysts have upgraded the stock, citing attractive valuation. TipRanks' AI Analyst rates NBTB as Outperform, highlighting strong financials but noting potential risks from technical indicators and loan growth issues. NBT Bancorp's market cap stands at $2.19B with a YTD price performance of -12.41%.
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