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NBT Bancorp (NBTB) completes the previously announced merger with Salisbury Bancorp. It has also announced a 6.7% hike in its quarterly dividend, to enhance shareholder value.
LAKEVILLE, Conn., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Salisbury Bancorp, Inc. (“Salisbury”), (NASDAQ Capital Market: “SAL”), the holding company for Salisbury Bank and Trust Company (“Salisbury Bank”), announced that it completed its merger with and into NBT Bancorp Inc. (“NBT”) (NASDAQ: NBTB) (the “Merger”) on August 11, 2023. Salisbury’s President and Chief Executive Officer, Richard J. Cantele, Jr., stated, “We are excited about the consummation of our strategic merger with NBT. We believe Sali
Strategic Merger with NBT Bancorp Approved by Regulators; Merger Expected to Close in August 2023Second Quarter Net Income of $0.59 per Basic Common Share and Return on Average Assets of 0.88% Deposit Balances, Excluding Brokered Funds, Increased $40.0 million or 3.2% in Second Quarter 2023Non-performing Assets were 0.08% of Total Assets at June 30, 2023Common Equity Tier 1 and Tangible Common Equity Ratio of 12.41% and 7.71%, Respectively, at June 30, 2023 1 LAKEVILLE, Conn., July 26, 2023 (GLO
NBT Bancorp's (NBTB) previously announced merger with Salisbury is expected to close on Aug 11. The deal will be accretive to its earnings going forward.
Salisbury Bancorp, Inc. ( NASDAQ:SAL ) stock is about to trade ex-dividend in 4 days. The ex-dividend date occurs one...
Salisbury Bancorp ( NASDAQ:SAL ) First Quarter 2023 Results Key Financial Results Revenue: US$12.7m (down 2.2% from 1Q...
Salisbury Bancorp (SAL) delivered earnings and revenue surprises of -26.83% and 6.62%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Strategic Merger With NBT Approved by Salisbury ShareholdersFirst Quarter Net Income of $0.52 per Basic Common Share and Return on Average Assets of 0.79% or $0.60 and 0.91%, Respectively, Excluding Non-Recurring Expenses First Quarter 2023 Loan Growth of $22.1 million, or 1.8%Non-performing Assets were 0.14% of Total Assets at March 31, 2023Common Equity Tier 1 and Tangible Common Equity Ratio of 12.16% and 7.63%, Respectively, at March 31, 2023 1 LAKEVILLE, Conn., April 26, 2023 (GLOBE NEWSWIR
Q1 2023 NBT Bancorp Inc Earnings Call
LCNB (LCNB) delivered earnings and revenue surprises of -28.85% and 11.95%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?