Revenue: As of FY2025, the actual value is USD 906.44 M.EPS: As of FY2025, the actual value is USD 3.33, beating the estimate of USD 3.2483.EBIT: As of FY2025, the actual value is USD -249.85 M.<h4>Retirement Plan Administration Segment</h4><ul><li>Retirement Plan Administration Fees: $61.585 million for the year ended December 31, 2025, up from $56.587 million in 2024 and $47.221 million in 2023. This increase was driven by higher market values of assets under administration, organic growth, and the acquisition of a small TPA business in the fourth quarter of 2024.</li></ul><h4>Overall Company (Primarily Banking Segment)</h4><ul><li>Net Interest Income: $501.5 million for the year ended December 31, 2025, an increase of $101.4 million or 25.3% from $400.122 million in 2024. This includes $21.0 million in acquisition-related net accretion in 2025, compared to $10.4 million in 2024.</li><li>Net Interest Margin (FTE): 3.59% for the year ended December 31, 2025, an increase of 36 basis points from 3.23% in 2024.</li><li>Total Noninterest Income (excluding net securities gains/losses): $195.3 million for the year ended December 31, 2025, an increase of $21.3 million or 12.2% from $174.035 million in 2024.<ul><li>Service Charges on Deposit Accounts: $19.067 million in 2025, up from $17.087 million in 2024.</li><li>Card Services Income: $23.988 million in 2025, up from $22.331 million in 2024.</li><li>Wealth Management Fees: $44.755 million in 2025, up from $41.641 million in 2024.</li><li>Insurance Services: $18.035 million in 2025, up from $17.032 million in 2024.</li><li>Bank Owned Life Insurance Income: $12.393 million in 2025, up from $8.325 million in 2024, including $2.7 million in additional gains recognized in 2025.</li><li>Other Noninterest Income: $15.522 million in 2025, up from $11.032 million in 2024, including a $0.6 million gain from a third-party contractual arrangement in 2025.</li></ul></li><li>Total Noninterest Expense (excluding acquisition expenses): $425.8 million for the year ended December 31, 2025, an increase of $49.5 million or 13.1% from $376.350 million in 2024.<ul><li>Salaries and Employee Benefits: $257.478 million in 2025, up from $232.487 million in 2024.</li><li>Technology and Data Services: $44.025 million in 2025, up from $39.139 million in 2024.</li><li>Occupancy: $36.385 million in 2025, up from $31.309 million in 2024.</li><li>Professional Fees and Outside Services: $21.740 million in 2025, up from $19.132 million in 2024.</li><li>Amortization of Intangible Assets: $11.944 million in 2025, up from $8.443 million in 2024.</li></ul></li><li>Provision for Loan Losses: $32.3 million for the year ended December 31, 2025, compared to $19.6 million in 2024, including $13.0 million of acquisition-related provision for loan losses for non-PCD loans acquired from Evans.</li><li>Net Charge-offs to Average Loans: 0.16% for 2025, compared to 0.18% for 2024.</li><li>Total Loans: $11.60 billion at December 31, 2025, up $1.63 billion or 16.3% from $9.97 billion at December 31, 2024, including $1.67 billion of loans acquired from Evans.<ul><li>Commercial &amp; Industrial (C&amp;I) Loans: $1.67 billion at December 31, 2025, an increase of $245.5 million from 2024.</li><li>Commercial Real Estate (CRE) Loans: $4.80 billion at December 31, 2025, an increase of $922.3 million from 2024.</li><li>Total Consumer Loans: $5.13 billion at December 31, 2025, an increase of $460.5 million from 2024.</li></ul></li><li>Total Deposits: $13.50 billion at December 31, 2025, up $1.95 billion or 16.9% from $11.55 billion at December 31, 2024, including $1.86 billion in deposits acquired from Evans.</li><li>Loan to Deposit Ratio: 85.9% as of December 31, 2025, compared to 86.3% as of December 31, 2024.</li><li>Allowance for Credit Losses (ACL): $138.0 million at December 31, 2025, compared to $116.0 million at December 31, 2024. As a percentage of loans, ACL was 1.19% at December 31, 2025, up from 1.16% at December 31, 2024. The increase includes $20.7 million of allowance for acquired Evans loans.</li><li>Nonperforming Loans: $51.7 million or 0.45% of total loans at December 31, 2025, compared with $51.6 million or 0.52% of total loans at December 31, 2024.</li><li>Potential Problem Loans: Approximately $271.8 million at December 31, 2025, compared to $116.1 million at December 31, 2024, primarily due to acquired commercial loans from Evans and net migration of commercial loan balances to substandard.</li></ul><h4>Outlook / Guidance</h4>NBT Bancorp Inc. anticipates an improving but challenging rate environment in 2026, with continued monetary policy easing and normalization of interest rates. GDP growth for 2026 is expected to be in the 2%-2.5% range, driven by AI investment and strong consumer spending. The company remains focused on long-term strategies, including market growth, revenue diversification, operational efficiency, and technology investments.

NBT Bancorp | 10-K: FY2025 Revenue: USD 906.44 M