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Nbt Bancorp (NBTB) Tax Rate: 2009-2024

Historic Tax Rate for Nbt Bancorp (NBTB) over the last 16 years, with Dec 2024 value amounting to 21.63%.

  • Nbt Bancorp's Tax Rate rose 226.00% to 24.16% in Q3 2025 from the same period last year, while for Sep 2025 it was 23.33%, marking a year-over-year increase of 110.00%. This contributed to the annual value of 21.63% for FY2024, which is 97.00% down from last year.
  • Per Nbt Bancorp's latest filing, its Tax Rate stood at 21.63% for FY2024, which was down 4.28% from 22.60% recorded in FY2023.
  • Nbt Bancorp's Tax Rate's 5-year high stood at 34.66% during FY2020, with a 5-year trough of 21.63% in FY2024.
  • Its 3-year average for Tax Rate is 25.62%, with a median of 22.60% in 2023.
  • Per our database at Business Quant, Nbt Bancorp's Tax Rate spiked by 1,141bps in 2020 and then tumbled by 1,216bps in 2021.
  • Yearly analysis of 5 years shows Nbt Bancorp's Tax Rate stood at 34.66% in 2020, then crashed by 1,216bps to 22.50% in 2021, then skyrocketed by 1,013bps to 32.63% in 2022, then tumbled by 1,004bps to 22.60% in 2023, then plummeted by 97bps to 21.63% in 2024.