NBT Bancorp. Inc (NBTB) Exchange: NASDAQ

NBT Bancorp Inc is a financial services holding company. It was established by the current president and CEO, John H. Watt, Jr., in September 1983. It principally operates as a holding company for NBT Bank, N.A., which it acquired in October 2005. NBT Bank has operations throughout New York and Vermont, plus banking locations in Eastern Massachusetts, Massachusetts and New Hampshire. NBT Bancorp is the largest independent bank holding company headquartered in upstate New York after M&T Bank. As of December 31, 2019, NBT Bank has approximately 200 community banking locations that serve more than 195 communities throughout a five-state community bank franchise area. As of 2021, the number of employees in the U.S. and Canada was 5,457. Through the years, the NBTB stock has steadily increased in value, as the holding company has acquired a number of banks in New York, Vermont, Massachusetts, New Hampshire, and Pennsylvania. In June 2011, NBT Bancorp, Inc. completed its largest acquisition, Trident Financial Corporation, with 15 branches across Northeastern Pennsylvania and New Jersey. The purchase of Trident Credit Corporation added an additional 70,000 households to the bank’s customer base. Since then, NBT Bancorp has continued to steadily grow, becoming the dominant provider of financial services in upstate New York. In 2020, the holding company successfully acquired Maine-based Alta Mesa Holdings Inc., giving it even more presence in New England.