NBTB · NBT Bancorp, Inc. Q2 FY2026 earnings call record财报电话会记录

“We generated significantly stronger earnings than in the prior year quarter, grew loans across every business line, and expanded our net interest margin to 3.73%, an increase of 14 basis points from one year ago.”

“More than a year after completing the acquisition of Evans Bancorp, we continue to benefit from the talented team members, strong customer relationships, and established market presence.”

“During the second quarter, the Buffalo region generated the highest loan origination volume across our franchise.”

“At $0.40 per share for the third quarter of 2026, this increase of 8.1% over the prior year quarter affirms our continued commitment to providing favorable long-term returns to our shareholders.”

“In addition, our strong capital levels continue to allow us to evaluate a variety of strategic opportunities as well as opportunistic share repurchases, including 318,000 shares purchased in the first half of 2026.”

“Taken together, these investments reinforce our positive outlook for long-term economic growth across Central N.Y.”

“We continue to generate year-over-year positive operating leverage during the quarter, with revenue growth of 9% outpacing expense growth of 6%.”

“Turning to loans on the next page, total loans ended the quarter at $11.9 billion, increasing $276 million or 2.4% from December 31st, 2025.”

“Growth was led by retirement plan administration revenue, which increased 7.8% from the prior year.”

“Scott, based on your opening comments, is it fair we expect maybe a step up in net new growth in the second half?”

“We'll probably see some creep in our OpEx on a quarter-to-quarter basis, but still in that 2.5%-3% target for the year.”

“Last quarter you talked about maybe 12 customers securing contracts associated with the Micron project.”