Norwich, NY — Martin Randolph Sparks, holding the roles of Executive Vice President, General Counsel, and Secretary at NBT Bancorp Inc. (NASDAQ:NBTB), executed a transaction on June 12, 2026, involving the sale of 1,200 shares of the company's common stock. The total value of this divestment was approximately $57,650. The shares were sold at a price of $48.0417 per share, a figure that sits near the company's 52-week high of $47.92. Following this transaction, Mr. Sparks directly owns 14,462.882 shares of NBT Bancorp Inc. common stock.
The sale was reported in a filing with the Securities and Exchange Commission on June 12, 2026. According to InvestingPro analysis, NBTB appears undervalued at current levels and trades at a P/E ratio of 13.6 while offering a 3.1% dividend yield. This dividend yield is part of a 41-year streak of consistent dividend payments. For deeper insights, investors can access the comprehensive Pro Research Report, available for NBTB and 1,400+ US equities on InvestingPro.
In other recent news, NBT Bancorp Inc. reported its first-quarter 2026 earnings, which showed a slight miss on both earnings per share and revenue forecasts. The company recorded an EPS of $0.97, just below the forecast of $0.98, and reported revenue of $184.48 million against an expected $185.26 million. Additionally, NBT Bancorp’s Board of Directors approved a second-quarter cash dividend of $0.37 per share, payable on June 15, 2026, to shareholders of record as of June 1, 2026. DA Davidson reiterated a Buy rating on NBT Bancorp, maintaining a price target of $52.00, despite noting that first-quarter results fell short due to weak early quarter loan performance and elevated nonperforming assets. The firm highlighted that these factors resulted in a higher provision. These developments are part of the recent activities surrounding NBT Bancorp.
NBT BancorpFollowAnalyze NBTBIncluded in our AI-picked strategies·Review strategies48.07▲+0.40(+0.84%)Real-time Data·14:32:07·USD1D1W1M6M1Y5YMaxCreated with Highcharts 11.4.812/0615:0016:0017:0018:0047.547.754848.25Analyze NBTBThis article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Is NBTB a bargain right now?The fastest way to find out is with our Fair Value calculator. We use a mix of 17 proven industry valuation models for maximum accuracy. Get the bottom line for NBTB plus thousands of other stocks and find your next hidden gem with massive upside.See Undervalued Stocks