Zacks Investment ResearchT3·20h ago
NBTB NBT Bancorp Inc
XNAS
51.45
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
NBTB
$51.45
—
Key stats
$51.45
- 52-Week Range
- $39.45 – $54.50
- YTD
- +23.71%
- IV Rank (30D)
- 95.26
- Straddle Price
- $5.32
- P/C Vol Ratio
- 0.08
- Market Cap
- $2.7B
- Open
- $51.79
- Day Range
- $51.09 – $51.79
- Volume
- 255,293
- Prev Close
- $51.58
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.15% |
| Beta vs SPY | 0.72 |
| Cost of Equity (CAPM) | 8.73% (VRP-adj) |
| WACC | 8.52% |
| Volatility Risk Premium | +64.5pp (IV − HV30) |
| Effective Tax Rate | 23.1% |
| Rev. Growth (YoY, DCF input) | +3.7% |
| DCF Horizon | 12 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.04 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $0.2B |
| Return on Equity (TTM) | 11.0% |
| Book / Price | 72.0% — banking bias active (P/B is primary) |
| Bank Quality Adj | ×0.92 (target ROE vs peer median) |
| Gross Margin (TTM) | 77.5% |
| FCF Margin (TTM) | 26.2% |
| Debt / Equity | 0.09 |
| Quality Score | 4/6 — high quality (12y DCF) |
| Market-Implied Growth | -4.3% (reverse-DCF on current price) |
| SMA 50 | $51.38 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $50.73 |
| Bollinger Width / SMA20 | 7.7% (drives anchor stability) |
| Net Debt | $0.0B |
| Market Cap | $3B |
Peers used for multiples: BAC, BANF, C, CHCO, JPM, SFNC, USB, WFC
60-Day Conviction
36%
20-Day Fair Value
≈ by Nov 20, 2026
$51.65
α +0.4%
rank 22%
conviction
27%
40-Day Fair Value
≈ by Dec 21, 2026
$51.85
α +0.8%
rank 27%
conviction
24%
60-Day Fair Value
≈ by Jan 19, 2027
$51.97
α +1.0%
rank 17%
conviction
36%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $86.88 | 21% | |
| DDM (Gordon) | $31.02 | 17% | |
| Peer P/E | $41.86 | 6% | median 12.5× · 7 peers |
| Peer EV/EBITDA | n/a | 0% | median 15.0× · 7 peers |
| Peer P/B | $50.76 | 10% | median 1.4× · 8 peers |
| Peer P/S | $43.97 | 3% | median 2.5× · 8 peers |
| Market Anchor (SMA50) | $51.38 | 43% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $52.68 | 0% | 9 strikes · skew +0.64 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- NATIONAL COMMERCIAL BANKS (6021) · industry map
- Exchange
- XNAS
- Market Cap
- $2.7B
- Employees
- 2,303
- List Date
- 1992-03-17
- CIK
- 0000790359
- Next Earnings
- 2026-10-27 (After-Close)
- EPS Forecast
- $1.09 (5 est.)
- Headquarters
- Norwich, NY
- Homepage
- https://www.nbtbancorp.com
NBT Bancorp Inc is a financial holding company that operates through its subsidiaries. The company's principal sources of revenue include management fees and dividends it receives through its subsidiaries. Its business, predominantly conducted through NBT Bank, consists of providing commercial banking, retail banking, and wealth management services to customers in its market area, which includes upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont, southern Maine, and central and northwestern Connecticut. The company's reportable segments are Bank…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 3.84% | -1.07% | -8.24% | -15.71% | 1.02% | 6.83% | -2.22% |
| Feb | 9.09% | -0.42% | 1.83% | -1.29% | 2.38% | -5.92% | 0.94% |
| Mar | 7.52% | -2.90% | -16.21% | 6.75% | -9.32% | -0.47% | -2.44% |
| Apr | -4.17% | -3.98% | -3.79% | -2.75% | -0.80% | 1.60% | -2.31% |
| May | 0.54% | 3.99% | 5.24% | 2.68% | -1.55% | 4.59% | 2.58% |
| Jun | -8.19% | 1.32% | -7.31% | 6.95% | 1.32% | 8.48% | 0.43% |
| Jul | -3.44% | 6.24% | 14.64% | 28.63% | -3.36% | 4.69% | 7.90% |
| Aug | 2.19% | -5.23% | -8.21% | 4.46% | 9.15% | -2.82% | -0.08% |
| Sep | 1.12% | -1.91% | -8.88% | -8.31% | -4.92% | -0.30% | -3.87% |
| Oct | 0.27% | 21.95% | 5.19% | 2.65% | -2.32% | 1.40%* | 4.86% |
| Nov | -4.57% | -3.25% | 5.78% | 12.48% | 1.59% | -- | 2.41% |
| Dec | 5.42% | -6.32% | 12.87% | -4.21% | -0.05% | -- | 1.54% |
| Total | 8.44% | 5.64% | -11.52% | 29.25% | -7.69% | 18.60% | 7.12% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $50.73
SMA 50: $51.38
SMA 200: $47.35
Current: $51.45
EMA 12: $50.86
EMA 26: $50.93
MACD: -0.0705 | Signal: 0.1484
BEARISH
ADX (14): 17.75
RANGE
+DI: 25.38
−DI: 19.29
Momentum Oscillators
RSI (14): 55.15
NEUTRAL
Stoch %K: 74.22
Stoch %D: 66.28
Williams %R: -18.41
Volume & Volatility
BB Upper: $51.72
BB Lower: $49.74
NEUTRAL
OBV: -618,471
Vol SMA 20: 322,093
Vol ROC: -37.40%
ATR: $0.86
True Range: $0.70
HV 20: 15.6%
HV 30: 14.0%
HV 60: 15.6%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
Here is my analysis of NBTB:
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers and Primary Risks:
- Positive news sentiment from recent headlines, including dividend announcement, merger completion, and regulatory approval
- Moderate volatility, with beta at 0.81 compared to the market
- Recent price action shows a range-bound trend, with no clear directional bias
Investment Thesis: NBTB is a stable bank stock with a strong track record of merger integrations. While it lacks explosive growth potential, its dividend payouts and moderate volatility make it an attractive option for income-focused investors.
Recent News Sentiment Impact: The positive news headlines from the past few months have likely contributed to the stock's range-bound trend, as investors respond favorably to the company's strategic partnerships and dividend announcements. However, the lack of significant price moves or catalysts suggests that NBTB may be stuck in a holding pattern.
Technical Analysis
Trend Direction: RANGE-BOUND (Short-term: NEUTRAL; Medium-term: NEUTRAL; Long-term: BULLISH)
Support/Resistance Levels: Key levels to monitor include the SMA 20 at $45.06, the upper Bollinger Band at $46.61, and the recent price highs around $47.50.
Momentum Signals:
- RSI interpretation: NEUTRAL (60.12), indicating no clear buy or sell signal
- MACD signal: BULLISH (0.49 / Signal: 0.13 / Histogram: 0.37)
- Bollinger Bands position: NEUTRAL (price is touching the upper band)
Volume Analysis: The volume indicators suggest a lack of institutional interest, with On-Balance Volume and Volume Rate of Change both showing negative readings.
News & Sentiment Analysis
Recent Headlines Summary: The past few months have seen a series of positive news headlines related to NBTB's dividend announcements, merger completion, and regulatory approvals. These developments have likely contributed to the stock's range-bound trend and positive sentiment.
Sentiment Assessment: POSITIVE (Aggregate sentiment from recent headlines)
Catalyst Identification: No near-term catalysts are apparent, but investors may be watching for potential earnings surprises or additional dividend announcements.
Market Narrative: The market narrative suggests that NBTB is a stable bank stock with a strong track record of merger integrations. While it lacks explosive growth potential, its dividend payouts and moderate volatility make it an attractive option for income-focused investors.
Risk & Volatility Assessment
Beta Interpretation: MODERATE RISK (0.81), indicating that NBTB is less volatile than the market but still offers some downside risk.
Volatility Regime: CURRENT VOLATILITY LEVELS ARE LOW COMPARED TO HISTORICAL DATA, SUGGESTING A POTENTIAL FOR INCREASED VOLATILITY IN THE FUTURE.
Options Market Signals:
- IV rank: MEDIUM (36.4%), indicating that options market is pricing in some level of volatility
- Current IV: 81.6%, suggesting a relatively high level of implied volatility compared to historical data
Downside Protection: Support levels include the SMA 20 at $45.06 and the recent price lows around $43.50.
Market Context & Positioning
Sector Performance: The banking sector has been performing relatively well, with some stocks showing strength in recent months.
Institutional Activity: Institutional interest appears to be lacking, as reflected by the low volume indicators.
Correlation Analysis: NBTB's correlation with the market is moderate (R-squared: 0.38), suggesting that it may offer some diversification benefits for investors.
Relative Valuation: NBTB is positioned within its trading range, with no clear directional bias or significant catalysts driving price action.
Key Levels & Action Items
Critical Price Levels: Support at $45.06 (SMA 20) and resistance at $46.61 (upper Bollinger Band)
Breakout/Breakdown Levels: A breakout above $47.50 could trigger a longer-term uptrend, while a breakdown below $43.50 could indicate increased volatility and potential bearish momentum.
Time-Sensitive Catalysts: No near-term catalysts are apparent, but investors may be watching for potential earnings surprises or additional dividend announcements.
Risk Management: A stop-loss level around $44.50 could help manage risk, while position sizing considerations should focus on the stock's moderate volatility and relatively stable price action.
Please let me know if you have any questions or need further clarification!
Generated
News
All NBTB news →
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Earnings History
15 of 15 under expected move
Avg Expected Move
8.52%
Avg Actual Move
1.87%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-07-26 | Pre-Market | 1.21% | 0.79% | 0.65x | Within |
| 2023-01-23 | Pre-Market | 2.71% | 0.26% | 0.10x | Within |
| 2023-07-31 | Pre-Market | 4.78% | 1.85% | 0.39x | Within |
| 2023-10-24 | Pre-Market | 12.85% | 3.06% | 0.24x | Within |
| 2024-01-23 | Pre-Market | 10.91% | 3.83% | 0.35x | Within |
| 2024-04-22 | Pre-Market | 8.61% | 0.52% | 0.06x | Within |
| 2024-07-22 | Pre-Market | 10.06% | 1.44% | 0.14x | Within |
| 2024-10-28 | Pre-Market | 7.86% | 3.67% | 0.47x | Within |
| 2025-01-27 | Pre-Market | 7.60% | 1.42% | 0.19x | Within |
| 2025-04-24 | Pre-Market | 11.28% | 1.17% | 0.10x | Within |
| 2025-07-28 | After-Close | 10.49% | 3.76% | 0.36x | Within |
| 2025-10-27 | Pre-Market | 11.73% | 0.44% | 0.04x | Within |
| 2026-01-26 | After-Close | 7.86% | 1.12% | 0.14x | Within |
| 2026-04-23 | After-Close | 10.43% | 4.50% | 0.43x | Within |
| 2026-07-27 | Pre-Market | 9.45% | 0.27% | 0.03x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
NBTB Options Activity & IV Rank
NBTB IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 44.3%
7-DTE IV: —
Expected Move: $5.32
7-DTE Move: $5.32
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 61
Put Volume: 5
P/C Volume: 0.082
BULLISH
Call OI: 431
Put OI: 5
P/C OI: 0.012
Total OI: 436
ATM Options Pricing
ATM Call: $2.55
ATM Put: $2.77
Call %: 5.0%
Put %: 5.4%
Chain Summary
Chain Volume: 78
Chain OI: 448
Last Updated: 10/21/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
HIGH γ vs HISTORY
Estimated net dealer gamma is at the 97th percentile of this name's own daily history, near the high end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
97%
vs own history
GEX tilt
+1.00
OI-weighted, today
Vanna tilt
-0.14
δ-sensitivity to IV
Charm tilt
+0.02
δ-decay vs time
? What is this?
· 3 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · ATM 44.4% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)95.3HighOct 21
Straddle Price (30 DTE)$5.32Oct 21
Beta Analysis
Risk Metrics
Beta: 0.3844
Alpha: 20.08%
Correlation: 0.2204
R-Squared: 4.9%
Stock Volatility: 22.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own NBTB
2 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $10.8M | #1532 of 6285 | -11.6% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $95K | #3012 of 4729 | -0.6% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
NBTB Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 51,664,500 (as of 2026-03-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
2 filers$992.34K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $740.55K | 74.63% | 2026-06-30 |
| 2 | Simplex Trading, LLC Custodian | $251.79K | 25.37% | 2026-06-30 |
1 filers$335.72K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Simplex Trading, LLC Custodian | $335.72K | 100.00% | 2026-06-30 |
NBTB Insider Trading (Form 4)
Latest: 2026-07-30Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-07-30 | Sarah A Halliday | EVP/Chief Comm Innovation Off | Sell (S) | −9,000 | $54.04 | -$486.4K | EDGAR |
| 2026-07-30 | Ruth H Mahoney | EVP/President of Wealth Mgmt | Sell (S) | −4,500 | $54.30 | -$244.3K | EDGAR |
| 2026-06-12 | Heidi M Hoeller | Director | Sell (S) | −2,100 | $48.03 | -$100.9K | EDGAR |
| 2026-06-12 | Martin Randolph Sparks | EVP,General Counsel,Secretary | Sell (S) | −1,200 | $48.04 | -$57.7K | EDGAR |
| 2026-06-10 | John H Watt Jr | Director | Sell (S) | −21,000 | $47.42 | -$995.8K | EDGAR |
| 2026-06-08 | Ruth H Mahoney | EVP/President of Wealth Mgmt | Sell (S) | −5,000 | $46.60 | -$233.0K | EDGAR |
| 2026-05-22 | Andrew S Kowalczyk III | Director | Award (A) | — | — | EDGAR | |
| 2026-05-21 | Jason David Brown | Director | Award (A) | +1,050 | — | EDGAR | |
| 2026-05-21 | Matthew J Salanger | Director | Award (A) | +1,050 | — | EDGAR | |
| 2026-05-21 | Heidi M Hoeller | Director | Award (A) | +1,050 | — | EDGAR | |
| 2026-05-21 | John H Watt Jr | Director | Award (A) | +1,050 | — | EDGAR | |
| 2026-05-21 | Martin A Dietrich | Director | Award (A) | +1,050 | — | EDGAR | |
| 2026-05-21 | V Daniel Robinson II | Director | Award (A) | +1,050 | — | EDGAR | |
| 2026-05-21 | Richard J Cantele Jr | Director | Award (A) | +1,050 | — | EDGAR | |
| 2026-05-21 | Timothy E Delaney | Director | Award (A) | +1,050 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
NBTB Insider Holdings
21 insiders · @ $51.45
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | V Daniel Robinson II | Director | 409,312 | $21.06M | -$10.15M | 23 | 2026-05-21 |
| 2 | Johanna R Ames | Director | 211,779 | $10.90M | $0 | 6 | 2026-05-21 |
| 3 | Martin A Dietrich | Director | 112,634 | $5.80M | -$10.91M | 84 | 2026-05-21 |
| 4 | Joseph R Stagliano | SEVP & President of NBT Bank | 90,864 | $4.67M | -$228.0K | 31 | 2026-03-25 |
| 5 | David J Nasca | Director | 73,838 | $3.80M | -$851.1K | 4 | 2026-05-21 |
| 6 | Richard J Cantele Jr | Director | 61,320 | $3.15M | $0 | 3 | 2026-05-21 |
| 7 | Scott Allen Kingsley | President & CEO NBT Bancorp | 57,936 | $2.98M | $601.5K | 22 | 2026-03-25 |
| 8 | John H Watt Jr | Director | 54,010 | $2.78M | -$2.73M | 32 | 2026-06-10 |
| 9 | Timothy E Delaney | Director | 52,944 | $2.72M | $1.17M | 24 | 2026-05-21 |
| 10 | Jack H Webb | Director | 45,235 | $2.33M | -$2.47M | 19 | 2024-11-25 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
NBTB Board & Officers
As of SEC filings through Oct 2, 2026Directors 12
- Martin A Dietrich · on file since 2006
- Timothy E Delaney · since Jan 24, 2011
- Andrew S Kowalczyk III · since Dec 16, 2016
- Matthew J Salanger · since Dec 16, 2016
- V Daniel Robinson II · since Dec 16, 2016
- Johanna R Ames · since Sep 28, 2020
- Jason David Brown · since May 25, 2021
- Heidi M Hoeller · since Jan 26, 2022
- John H Watt Jr · listed since May 2024
- Richard J Cantele Jr · listed since Aug 2024
- David J Nasca · since May 20, 2025
- Kimberly Boynton · since Oct 1, 2026
Officers 11
- Scott Allen Kingsley · President & CEO NBT Bancorp · listed since May 2024
- Ruth H Mahoney · EVP/President of Wealth Mgmt · since Aug 30, 2021
- Joseph R Stagliano · SEVP & President of NBT Bank · listed since May 2024
- Alfred V Testa · EVP/President Comm Banking · since May 19, 2026
- Annette L Burns · EVP & Chief Financial Officer · listed since May 2024
- Cynthia A Smaniotto · SVP, Chief HR Officer · since May 17, 2022
- Sarah A Halliday · EVP/Chief Comm Innovation Off · listed since Jan 2026
- Hamblett Tara Flynn Trafton · Chief Credit Officer · since Jun 1, 2026
- Joseph P Sergienko · Chief Risk Officer · since Jun 1, 2026
- Martin Randolph Sparks · EVP,General Counsel,Secretary · since Apr 18, 2022
- Shaunastar Hyle · EVP, Retail Community Banking · listed since May 2024
Changes in the last 10 years (45)
| Oct 1, 2026 | Kimberly Boynton became a director |
| Jun 1, 2026 | Joseph P Sergienko became Chief Risk Officer |
| Jun 1, 2026 | Hamblett Tara Flynn Trafton became Chief Credit Officer |
| May 19, 2026 | Alfred V Testa became EVP/President Comm Banking |
| Jan 26, 2026 | The company announced the departure of Amy Wiles as EVP, Chief Risk and Credit in an SEC filing |
| Jan 16, 2026 | Sarah A Halliday listed as EVP/Chief Comm Innovation Off (previously EVP/President Comm Banking) in SEC filings |
| May 20, 2025 | David J Nasca became a director |
| Aug 19, 2024 | Richard J Cantele Jr no longer listed as EVP/Strategic Integration in SEC filings |
| Aug 19, 2024 | Richard J Cantele Jr first listed as a director in an SEC filing |
| May 22, 2024 | Shaunastar Hyle listed as EVP, Retail Community Banking (previously EVP, Consumer Lending) in SEC filings |
| May 22, 2024 | Scott Allen Kingsley listed as President & CEO NBT Bancorp (previously EVP & Chief Financial Officer) in SEC filings |
| May 22, 2024 | Joseph R Stagliano listed as SEVP & President of NBT Bank (previously EVP President of Retail & CIO) in SEC filings |
| May 22, 2024 | John H Watt Jr first listed as a director in an SEC filing |
| May 22, 2024 | Annette L Burns listed as EVP & Chief Financial Officer (previously SVP, Chief Accounting Officer) in SEC filings |
| May 21, 2024 | The company announced the departure of John H Watt Jr as President & CEO NBT Bancorp in an SEC filing |
| Aug 14, 2023 | Richard J Cantele Jr became EVP/Strategic Integration |
| Mar 20, 2023 | The company announced the departure of Joseph A Santangelo from the board in an SEC filing |
| May 17, 2022 | Cynthia A Smaniotto became SVP, Chief HR Officer |
| Apr 18, 2022 | Martin Randolph Sparks became EVP,General Counsel,Secretary |
| Jan 26, 2022 | Heidi M Hoeller became a director |
| Jan 18, 2022 | Joseph R Stagliano listed as EVP President of Retail & CIO (previously EVP President Retail Banking) in SEC filings |
| Jan 7, 2022 | The company announced the departure of Catherine Scarlett as EVP, Chief HR & Ethics Officer in an SEC filing |
| Aug 30, 2021 | Ruth H Mahoney became EVP/President of Wealth Mgmt |
| Jul 6, 2021 | Scott Allen Kingsley became EVP & Chief Financial Officer |
| May 25, 2021 | Jason David Brown became a director |
| Jan 20, 2021 | Matthew K Durkee listed as Strategic Advisor (previously EVP / President of New England) in SEC filings |
| Sep 28, 2020 | Johanna R Ames became a director |
| Nov 12, 2019 | John V Moran became EVP & Chief Financial Officer |
| Nov 12, 2019 | Annette L Burns became SVP, Chief Accounting Officer |
| Sep 23, 2019 | Angela M Kelley became EVP,General Counsel,Secretary |
| May 21, 2019 | Shaunastar Hyle became EVP, Consumer Lending |
| Jan 17, 2019 | Joseph R Stagliano listed as EVP President Retail Banking (previously EVP Ops and Retail Banking) in SEC filings |
| May 22, 2018 | Catherine Scarlett became EVP, Chief HR & Ethics Officer |
| May 22, 2018 | Amy Wiles became EVP, Chief Risk and Credit |
| Jan 16, 2018 | John H Watt Jr listed as President & CEO NBT Bancorp (previously EVP,President of NBT Bank, N.A) in SEC filings |
| May 23, 2017 | Sarah A Halliday became EVP/President Comm Banking |
| May 23, 2017 | Matthew K Durkee became EVP / President of New England |
| May 23, 2017 | Joseph R Stagliano became EVP Ops and Retail Banking |
| Feb 2, 2017 | Martin A Dietrich no longer listed as Chairman, NBT Bancorp in SEC filings |
| Jan 18, 2017 | John H Watt Jr listed as EVP,President of NBT Bank, N.A (previously EVP, Pres of NBT Bank, N.A.) in SEC filings |
| Jan 3, 2017 | Martin A Dietrich listed as Chairman, NBT Bancorp (previously President & CEO NBT Bancorp) in SEC filings |
| Jan 3, 2017 | F Sheldon Prentice listed as EVP,General Counsel,Secretary (previously EVP,General Counsel,Sec'y) in SEC filings |
| Dec 16, 2016 | V Daniel Robinson II became a director |
| Dec 16, 2016 | Matthew J Salanger became a director |
| Dec 16, 2016 | Andrew S Kowalczyk III became a director |
Not reported recently (12)
- Jack H Webb · Last reported as a director in an SEC filing dated Nov 25, 2024
- Lowell A Seifter · Last reported as a director in an SEC filing dated May 22, 2024
- James H Douglas · Last reported as a director in an SEC filing dated Feb 14, 2024
- Patricia T Civil · Last reported as a director in an SEC filing dated Feb 14, 2022
- John C Mitchell · Last reported as a director in an SEC filing dated May 26, 2021
- Matthew K Durkee · Last reported as Strategic Advisor in an SEC filing dated May 20, 2021
- Timothy Brenner · Last reported as EVP & President Wealth Mgmt in an SEC filing dated May 18, 2021
- Angela M Kelley · Last reported as EVP,General Counsel,Secretary in an SEC filing dated Mar 24, 2021
- Robert A Wadsworth · Last reported as a director in an SEC filing dated Feb 11, 2021
- John V Moran · Last reported as EVP & Chief Financial Officer in an SEC filing dated Jan 20, 2021
- Michael J Chewens · Last reported as Sr EVP & CFO in an SEC filing dated May 16, 2019
- F Sheldon Prentice · Last reported as EVP,General Counsel,Secretary in an SEC filing dated Mar 29, 2018
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
NBTB Proposed Insider Sales (Form 144)
Latest: 2026-07-29
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
2 filings
· $731K notice value
· 2 unique filers
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
SARAH HALLIDAY (1, $486K) · RUTH H MAHONEY (1, $244K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-07-29 | RUTH H MAHONEY | Officer | 4,500 | $244.3K | 2026-07-29 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-07-29 | SARAH HALLIDAY | Officer | 9,000 | $486.4K | 2026-07-29 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-06-12 | MARTIN SPARKS | Officer | 1,200 | $57.7K | 2026-06-12 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-06-12 | HEIDI M HOELLER | Director | 2,100 | $100.9K | 2026-06-12 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-06-09 | WATT JOHN H JR | Director | 21,000 | $971.0K | 2026-06-09 | Charles Schwab Corporation | — | EDGAR |
| 2026-06-05 | RUTH H MAHONEY | Officer | 5,000 | $233.0K | 2026-06-05 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-05-14 | Halliday Sarah A | Officer | 4,015 | $180.0K | 2026-05-11 | Charles Schwab & Co., Inc. | — | EDGAR |
| 2026-03-13 | MARTIN SPARKS | Officer | 2,400 | $99.1K | 2026-03-13 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-02-17 | AMY WILES-MORELLI | Officer | 4,435 | $202.8K | 2026-02-17 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2025-10-31 | Renaissance Charitable Foundation | Director | 12,255 | $496.8K | 2025-10-31 | UBS Financial Services Inc | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
106 ETFs hold NBTB
25 shown · $776.29M total exposure · 0.15% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IJR iShares Core S&P Small-Cap ETF | iShares (BlackRock) | 0.15% | $158.5M | $103.1B | 2026-10-20 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $79.8M | — | 2026-09-30 |
| 3 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.09% | $66.9M | $75.1B | 2026-10-20 |
| 4 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.03% | $55.8M | — | 2026-09-30 |
| 5 | AVUV Avantis U.S. Small Cap Value ETF | Avantis | 0.12% | $37.5M | $31.4B | 2026-10-20 |
| 6 | DFAT Dimensional US Targeted Value ETF | Dimensional | 0.12% | $37.5M | — | 2026-10-20 |
| 7 | VBR Vanguard Morningstar Small-Cap Value ETF | Vanguard | 0.06% | $36.3M | — | 2026-09-30 |
| 8 | VXF Vanguard Extended Market ETF | Vanguard | 0.03% | $29.3M | — | 2026-09-30 |
| 9 | KRE State Street® SPDR® S&P® Regional Banking ETF | SPDR (State Street) | 0.62% | $24.8M | $4.0B | 2026-10-20 |
| 10 | IWN iShares Russell 2000 Value ETF | iShares (BlackRock) | 0.18% | $24.7M | $13.7B | 2026-10-20 |
| 11 | SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF | SPDR (State Street) | 0.15% | $24.3M | $15.7B | 2026-10-20 |
| 12 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.07% | $23.2M | — | 2026-10-20 |
| 13 | IJS iShares S&P Small-Cap 600 Value ETF | iShares (BlackRock) | 0.29% | $22.2M | $7.6B | 2026-10-20 |
| 14 | DFSV Dimensional US Small Cap Value ETF | Dimensional | 0.08% | $20.8M | — | 2026-10-20 |
| 15 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.09% | $15.1M | — | 2026-09-30 |
| 16 | VIG Vanguard Dividend Appreciation ETF | Vanguard | 0.01% | $14.7M | — | 2026-09-30 |
| 17 | KBE State Street® SPDR® S&P® Bank ETF | SPDR (State Street) | 0.99% | $14.1M | $1.4B | 2026-10-20 |
| 18 | SLYV State Street® SPDR® S&P 600™ Small Cap Value ETF | SPDR (State Street) | 0.29% | $14.0M | $4.7B | 2026-10-20 |
| 19 | FESM Fidelity Enhanced Small Cap Core ETF | Fidelity | 0.20% | $13.3M | $6.6B | 2026-10-20 |
| 20 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.01% | $11.7M | — | 2026-10-20 |
| 21 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.05% | $11.6M | — | 2026-05-31 |
| 22 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.14% | $10.9M | — | 2026-10-20 |
| 23 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.01% | $10.3M | — | 2026-09-30 |
| 24 | SMDV ProShares S&P SmallCap 600 Dividend Aristocrats ETF | ProShares | 1.49% | $9.7M | — | 2026-10-21 |
| 25 | VIOO Vanguard S&P Small-Cap 600 ETF | Vanguard | 0.15% | $9.2M | — | 2026-09-30 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
14.62
TTM Diluted EPS
$3.52
TTM Revenue
$937.41M
TTM Net Income
$183.63M
TTM Op. Cash Flow
$246.25M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $232.78M | $51.14M | $0.98 | $53.04M |
| Q4 '25 | 2025-12-31 | $238.25M | $55.51M | $1.07 | $66.15M |
| Q3 '25 | 2025-09-30 | $241.87M | $54.47M | $1.03 | $80.59M |
| Q2 '25 | 2025-06-30 | $224.51M | $22.51M | $0.44 | $46.48M |
| Q1 '25 | 2025-03-31 | $201.86M | $36.74M | $0.77 | $42.01M |
| Q4 '24 | 2024-12-31 | $200.16M | $36.01M | $0.76 | $49.17M |
| Q3 '24 | 2024-09-30 | $202.00M | $38.10M | $0.80 | $52.13M |
| Q2 '24 | 2024-06-30 | $194.00M | $32.72M | $0.69 | $50.52M |
| Q1 '24 | 2024-03-31 | $192.33M | $33.82M | $0.71 | $36.74M |
| Q4 '23 | 2023-12-31 | $189.40M | $30.45M | $0.64 | $35.65M |
| Q3 '23 | 2023-09-30 | $177.33M | $24.61M | $0.54 | $54.63M |
| Q2 '23 | 2023-06-30 | $152.63M | $30.07M | $0.70 | $45.32M |
Q1 2026 • period ending 2026-03-31 • filed 2026-05-08
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
14.62
P/B
1.39
P/S
2.84
EV/EBITDA
10.44
EV/Sales
2.87
ROE
9.6%
ROA
1.1%
Div Yield
2.88%
FCF Yield
9.26%
Debt/Equity
0.09
Current Ratio
—
Market Cap
$2.66B
as of 2026-10-21
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
2.72M
SI % of Float
5.39%
Days to Cover
6.81
Short Vol Ratio
83.1%
Free Float
50.55M
Float %
97.2%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-05-14