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NBT Bancorp completes acquisition of Evans Bancorp

PUBLIC · NBTBMay 02, 2025

Acquiring Company

NBT Bancorp

Acquired Company

Evans Bancorp

UpstateNew YorkFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

NBT Bancorp has successfully acquired Evans Bancorp, Inc. on May 2, 2025. This acquisition adds 200 employees and 18 new banking locations in Western New York. The deal also includes $1.67 billion in loans and $1.86 billion in deposits. NBT Bancorp aims to enhance its services and expand its market presence through this strategic acquisition.

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Company Information

Company

NBT Bancorp

Location

Upstate, New York, United States

About

NBT Bancorp Inc. is a financial services company with a focus on community banking. The company is committed to providing long-term value for shareholders and serving customers and communities in Upstate New York.

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Frequently asked

Who acquired Evans Bancorp?

Evans Bancorp was acquired by NBT Bancorp, based in Upstate. The deal was reported on May 2, 2025. NBT Bancorp Inc. is a financial services company with a focus on community banking. The company is committed to providing long-term value for shareholders and serving customers and communities in Upstate New York. NBT Bancorp is publicly traded (NBTB) and operates in Financial Services.

When did NBT Bancorp acquire Evans Bancorp?

NBT Bancorp's acquisition of Evans Bancorp was reported on May 2, 2025. NBT Bancorp has successfully acquired Evans Bancorp, Inc. on May 2, 2025. This acquisition adds 200 employees and 18 new banking locations in Western New York. The deal also includes $1.67 billion in loans and $1.86 billion in deposits. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Evans Bancorp do?

Evans Bancorp, Inc. is a banking company headquartered in Williamsville, NY, with assets of $2.26 billion. It operates 18 branches in the Buffalo and Rochester markets. It is privately held, operating in Financial Services, and is based in New York.

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