NBT Bancorp (NBTB)

19.71 -0.65  -3.19%  May 30, 8:00PM Go Pro
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NBT Bancorp Beneish M-Score: -3.493

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NBTB Beneish M-Score Rankings

Overall 88th percentile 447 of 3771
Sector 60th percentile 266 of 676 in Financial
Industry 50th percentile 37 of 75 in Regional - Northeast Banks

NBTB Beneish M-Score Range, Past 5 Years

Minimum -3.519 Dec 2010
Maximum -2.984 Jun 2007
Average -3.413

About Beneish M Score

The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.

The best cut-off point depends on the costs mistakenly classifying in one of two ways:

1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).

Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):

M Score HTML Table:

ScoreRelative Error Costs
(Type I:Type II)
M Score > -1.49 (10:1)
M Score > -1.78 (20:1)
M Score > -1.89 (40+:1)


Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.

If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.

Learn More

NBTB News

$NBTB filed latest Quarterly Report http://stks.co/3m1B
about 21 days ago by MarketBrief
$NBTB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/39sv
about 62 days ago by MarketBrief
NBT Bancorp Earnings Preview
Jan 20, 1:30PM Fool
$NBTB filed latest Quarterly Report http://stks.co/13hz
about 204 days ago by MarketBrief
NBT Bancorp, Inc. (NBTB) Misses Q3 EPS by 1c
Oct 25, 6:57AM Street Insider

Recent Quotes

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