Ruth H. Mahoney, who serves as Executive Vice President and President of Wealth Management at NBT Bancorp Inc. (NASDAQ:NBTB), has completed a transaction involving the sale of company stock. The total value of the disposed shares amounts to $233,000. This financial movement entailed the disposal of 5,000 shares of NBT Bancorp Inc. common stock.
The execution of this sale occurred on June 5, 2026. During this transaction, the shares were disposed of at a specific price point of $46.60 per share. Following the completion of this sale, Ms. Mahoney's direct ownership of NBT Bancorp Inc. common stock stands at 16,427.542 shares. The timing of this disposal coincides with the stock trading in close proximity to its 52-week high of $47.07. At the time of reporting, the shares were valued at $46.41. According to analysis provided by InvestingPro, the stock is trading near its Fair Value, which is calculated at $46.19.
Beyond her direct holdings, Ms. Mahoney maintains additional exposure to the company through other financial vehicles. She holds 4,720.689 shares of NBT Bancorp Inc. common stock indirectly through a 401k plan. Furthermore, she holds 10,249.198 shares of phantom stock directly. Each share of this phantom stock is deemed to be invested in one share of NBT Bancorp Inc. common stock, in accordance with the terms outlined in the Deferred Compensation Plan.
NBT Bancorp has established a consistent history regarding shareholder returns, having paid dividends for 41 consecutive years. The company currently offers a dividend yield of 3.19%. For investors seeking further details on NBTB's financial health, comprehensive Pro Research Reports are available.
In the broader context of recent corporate developments, NBT Bancorp Inc. reported its first-quarter 2026 earnings results. The report indicated a slight miss on both earnings per share (EPS) and revenue forecasts. The company recorded an EPS of $0.97, which fell just below the forecasted $0.98. Revenue was reported at $184.48 million, against an expected $185.26 million.
Despite the earnings miss, the Board of Directors approved a second-quarter cash dividend of $0.37 per share. This dividend is scheduled to be paid on June 15, 2026, to shareholders of record as of June 1, 2026. Additionally, DA Davidson reiterated a Buy rating on the stock, maintaining a $52 price target. The firm noted that NBT Bancorp's results were impacted by weak early quarter loan performance and elevated nonperforming assets and net charge-offs. These factors contributed to a higher provision for the quarter.
For those evaluating the current valuation of NBTB, tools utilizing a mix of 17 proven industry valuation models are available to determine fair value. Investors can access the bottom line for NBTB plus thousands of other stocks to identify potential opportunities.