Published on 21 Apr 2024 on Simply Wall St. via Yahoo Finance
The past three years for NBT Bancorp (NASDAQ:NBTB) investors has not been profitable
As an investor its worth striving to ensure your overall portfolio beats the market average. But if you try your hand at stock picking, your risk returning less than the market. Unfortunately, that's been the case for longer term NBT Bancorp Inc. (NASDAQ:NBTB) shareholders, since the share price is down 12% in the last three years, falling well short of the market return of around 12%. It's down 12% in about a quarter.
It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that.