NBT Bancorp Inc. (NBTB) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone. Welcome to the conference call covering NBT's Bancorp's fourth quarter and full year 2025 financial results. This call is being recorded and has been made accessible to the public in accordance with SEC Regulation FD. Corresponding presentation slides can be found on the company's website at nbtbancorp.com. Before the call begins, NBT's management would like to remind listeners that, as noted on slide two, today's presentation may contain forward-looking statements as defined by the Securities and Exchange Commission. Actual results may differ from those projected. In addition, certain non-GAAP measures will be discussed. Reconciliations for these numbers are contained within the appendix of today's presentation. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Instructions will follow at that time. As a reminder, this call is being recorded. I will now turn the call over to MBT's Bancorp President and CEO, Scott Kingsley, for opening remarks. Mr. Kingsley, please begin. Thank you, Tanya. Good morning, and thank you for joining us for this earnings call covering NBT Bancorp's fourth quarter and full year 2025 results. With me today are Annette Burns, NBT's Chief Financial Officer, Joe Stagliano, President of NBT Bank, and Joe Ondesco, our Treasurer. Our operating performance for the fourth quarter continued to reflect the positive attributes of productive fixed-rate asset repricing trends, the diversification of our revenue streams, prudent balance sheet growth, and the additive impact of our merger with Evans Bancorp completed in the second quarter. Operating return on assets was 1.37% for the second consecutive quarter, with a return on tangible equity of 17.02%. These metrics demons...