NBT Bancorp Z Score

NBTB -- USA Stock  

USD 36.79  0.13  0.00%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please see also NBT Bancorp Piotroski F Score and NBT Bancorp Valuation analysis.
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NBT Bancorp Z Score Analysis

Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in late 1960s at New York University..
NBT Bancorp 
Z Score 
 = 
Sum Of  
 
5 Factors 
 = 
0.6
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

NBT Bancorp Distress Driver Correlations

About Z Score

To calculate Z-Score one would need to know current working capital of the company, its total assets and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1 indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition
Accumulated Other Comprehensive Income
NBT Bancorp has Z Score of 0.6. This is much higher than that of the Financial Services sector, and significantly higher than that of Banks - Regional - US industry, The Z Score for all stocks is notably lower than the firm.

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NBT Bancorp Institutional Holders

Current Institutional Investors

Security TypeSharesValue
Peoples Financial Services CorpCommon Shares130 K4.5 M
Fenimore Asset Management IncCommon Shares35.1 K1.2 M
Nisa Investment Advisors LlcCommon Shares18.8 K650 K
Louisiana State Employees Retirement SystemCommon Shares16.4 K566 K
State Of Alaska Department Of RevenueCommon Shares14.6 K504 K
Sheets Smith Wealth ManagementCommon Shares7.1 K247 K
Qci Asset Management IncCommon Shares6.2 K214 K
Simplex Trading LlcCall Options20.069 K


 
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