NBT Bancorp Inc

NBTB remains in a healthy Stage 2 uptrend confirmed by rising 9/21/50 DMAs and a dominant Devil’s Bargain continuation pattern. While medium-term bias is bullish, price is currently extended with RSI and Options Score at overbought levels. A slight pullback is unfolding into the rising 9/21 EMA zone, so we will stalk entries on support convergence rather than chase the recent high.

• ↑Q1 net income of $51.1M (+27% YoY; $0.97/sh)
• ↑Net interest margin rose 28 bps YoY to 3.72% via cost controls
• ↓Total loans fell $50.9M QoQ amid higher CRE payoffs