NBTB vs. NBN

Last updated Apr 2, 2026

Compare and contrast key facts about NBT Bancorp Inc. (NBTB) and Northeast Bank (NBN).

Performance

NBTB vs. NBN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NBT Bancorp Inc. (NBTB) and Northeast Bank (NBN). The values are adjusted to include any dividend payments, if applicable.

NBTB vs. NBN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NBTB NBT Bancorp Inc.	4.47%	-10.19%	17.66%	-0.10%	16.03%	23.61%	-18.20%	20.59%	-3.54%	-9.93%
NBN Northeast Bank	10.70%	13.35%	66.31%	31.21%	17.95%	58.86%	2.63%	31.69%	-27.59%	77.10%

Fundamentals

Market Cap NBTB : $2.26B NBN : $966.91M
EPS NBTB : $3.46 NBN : $10.36
PE Ratio NBTB : 12.43 NBN : 11.11
PS Ratio NBTB : 2.33 NBN : 2.73
PB Ratio NBTB : 1.19 NBN : 1.80
Total Revenue (TTM) NBTB : $902.24M NBN : $355.21M
Gross Profit (TTM) NBTB : $663.64M NBN : $156.58M
EBITDA (TTM) NBTB : $238.31M NBN : $131.15M

Returns By Period

In the year-to-date period, NBTB achieves a 4.47% return, which is significantly lower than NBN's 10.70% return. Over the past 10 years, NBTB has underperformed NBN with an annualized return of 7.87%, while NBN has yielded a comparatively higher 27.18% annualized return.

NBTB

• 1D: 0.99%
• 1M: 0.51%
• YTD: 4.47%
• 6M: 5.64%
• 1Y: 4.25%
• 3Y*: 12.13%
• 5Y*: 4.98%
• 10Y*: 7.87%

NBN

• 1D: 2.38%
• 1M: 1.85%
• YTD: 10.70%
• 6M: 16.82%
• 1Y: 26.62%
• 3Y*: 50.72%
• 5Y*: 33.61%
• 10Y*: 27.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NBTB vs. NBN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NBTB

NBTB Risk / Return Rank: 44
NBTB Sharpe Ratio Rank: 46
NBTB Sortino Ratio Rank: 39
NBTB Omega Ratio Rank: 39
NBTB Calmar Ratio Rank: 48
NBTB Martin Ratio Rank: 47

NBN

NBN Risk / Return Rank: 61
NBN Sharpe Ratio Rank: 66
NBN Sortino Ratio Rank: 59
NBN Omega Ratio Rank: 58
NBN Calmar Ratio Rank: 62
NBN Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NBTB vs. NBN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NBT Bancorp Inc. (NBTB) and Northeast Bank (NBN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NBTB	NBN	Difference
Sharpe ratio Return per unit of total volatility	0.16	0.72	-0.56
Sortino ratio Return per unit of downside risk	0.43	1.19	-0.76
Omega ratio Gain probability vs. loss probability	1.05	1.15	-0.10
Calmar ratio Return relative to maximum drawdown	0.31	0.93	-0.63
Martin ratio Return relative to average drawdown	0.60	2.28	-1.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NBTB vs. NBN - Sharpe Ratio Comparison

The current NBTB Sharpe Ratio is 0.16, which is lower than the NBN Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of NBTB and NBN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NBTB	NBN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.16	0.72	-0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	1.03	-0.85
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	0.67	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.26	-0.06

Correlation

The correlation between NBTB and NBN is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NBTB vs. NBN - Dividend Comparison

NBTB's dividend yield for the trailing twelve months is around 3.37%, more than NBN's 0.03% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NBTB NBT Bancorp Inc.	3.37%	3.42%	2.76%	2.96%	2.67%	2.86%	3.36%	2.59%	2.86%	2.50%	2.15%	3.12%
NBN Northeast Bank	0.03%	0.04%	0.04%	0.07%	0.10%	0.11%	0.18%	0.18%	0.24%	0.17%	0.31%	0.38%

Drawdowns

NBTB vs. NBN - Drawdown Comparison

The maximum NBTB drawdown since its inception was -69.80%, roughly equal to the maximum NBN drawdown of -70.51%. Use the drawdown chart below to compare losses from any high point for NBTB and NBN.

Drawdown Indicators

	NBTB	NBN	Difference
Max Drawdown Largest peak-to-trough decline	-69.80%	-70.51%	+0.71%
Max Drawdown (1Y) Largest decline over 1 year	-12.17%	-27.57%	+15.40%
Max Drawdown (5Y) Largest decline over 5 years	-37.88%	-29.30%	-8.58%
Max Drawdown (10Y) Largest decline over 10 years	-37.88%	-70.25%	+32.37%
Current Drawdown Current decline from peak	-14.37%	-8.21%	-6.16%
Average Drawdown Average peak-to-trough decline	-18.52%	-23.83%	+5.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.23%	11.28%	-5.05%

Volatility

NBTB vs. NBN - Volatility Comparison

The current volatility for NBT Bancorp Inc. (NBTB) is 5.46%, while Northeast Bank (NBN) has a volatility of 6.39%. This indicates that NBTB experiences smaller price fluctuations and is considered to be less risky than NBN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NBTB	NBN	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.46%	6.39%	-0.93%
Volatility (6M) Calculated over the trailing 6-month period	18.83%	26.21%	-7.38%
Volatility (1Y) Calculated over the trailing 1-year period	27.33%	37.10%	-9.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.98%	32.92%	-3.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.89%	40.67%	-10.78%

Financials

NBTB vs. NBN - Profitability Comparison

The chart below illustrates the profitability comparison between NBT Bancorp Inc. and Northeast Bank over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NBTB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, NBT Bancorp Inc. reported a gross profit of 181.38M and revenue of 238.25M. Therefore, the gross margin over that period was 76.1%.

NBN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Northeast Bank reported a gross profit of 0.00 and revenue of 87.03M. Therefore, the gross margin over that period was 0.0%.

NBTB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, NBT Bancorp Inc. reported an operating income of 69.69M and revenue of 238.25M, resulting in an operating margin of 29.3%.

NBN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Northeast Bank reported an operating income of 30.12M and revenue of 87.03M, resulting in an operating margin of 34.6%.

NBTB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, NBT Bancorp Inc. reported a net income of 55.51M and revenue of 238.25M, resulting in a net margin of 23.3%.

NBN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Northeast Bank reported a net income of 20.74M and revenue of 87.03M, resulting in a net margin of 23.8%.