Which has grown faster, BWIN or NBTB?

Over the past five years, BWIN grew revenue faster — BWIN at a 45.39% CAGR versus NBTB at 14.08%.

Does BWIN or NBTB pay a bigger dividend?

NBTB pays a dividend (2.95% yield), while BWIN has no payments in the available dividend history.

Is BWIN or NBTB more profitable?

NBTB runs the higher net margin — BWIN at -4.67% versus NBTB at 22.65%.

The Baldwin Insurance Group, Inc. (BWIN) vs NBT Bancorp Inc. (NBTB)

A side-by-side comparison of The Baldwin Insurance Group, Inc. and NBT Bancorp Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

BWIN

The Baldwin Insurance Group, Inc.

$2.59B

$31.90Financial ServicesDelayed quote: Oct 6, 2026, 12:10 PM EDT

NBTB

NBT Bancorp Inc.

$2.64B

$50.75Financial ServicesDelayed quote: Oct 6, 2026, 12:10 PM EDT

Total return — BWIN vs NBTB

growth of $100 · dividends reinvested · last 2y

BWIN +6.1% (+3.0%/yr)NBTB +46.2% (+20.9%/yr)NBTB compounded faster over this window

BWIN NBTB

BWIN vs NBTB: by the numbers

•NBTB is the larger company ($2.64B vs $2.59B market cap).
•NBTB is profitable (22.65% net margin) while BWIN runs a net loss (-4.67%).
•BWIN grew revenue faster over the past five years (45.39% vs 14.08% CAGR).
•NBTB pays a dividend (2.95% yield), while BWIN has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	BWIN	NBTB
P/E ratio	N/A	12.44
Forward P/E	15.85	12.15
PEG ratio	N/A	1.77
P/S ratio	1.49	2.79
P/B ratio	2.92	1.36
EV / EBITDA	53.03	N/A
FCF yield	1.69%	N/A

Profitability

Metric	BWIN	NBTB
Gross margin	9.58%	N/A
Operating margin	7.27%	29.34%
Net margin	-4.67%	22.65%
ROE	-9.19%	11.02%
ROIC	-2.02%	N/A

NBT Bancorp Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	BWIN	NBTB
Dividend yield	N/A	2.95%
Payout ratio	N/A	37.01%

Growth (annualized)

Metric	BWIN	NBTB
Revenue CAGR (5Y)	45.39%	14.08%
EPS CAGR (5Y)	N/A	6.92%
Total return CAGR (5Y)	N/A	10.28%

Frequently asked

Which has grown faster, BWIN or NBTB?: Over the past five years, BWIN grew revenue faster — BWIN at a 45.39% CAGR versus NBTB at 14.08%.
Does BWIN or NBTB pay a bigger dividend?: NBTB pays a dividend (2.95% yield), while BWIN has no payments in the available dividend history.
Is BWIN or NBTB more profitable?: NBTB runs the higher net margin — BWIN at -4.67% versus NBTB at 22.65%.

Go deeper

Full BWIN analysis Full NBTB analysis Interactive comparison tool

Dig into the metrics

NBT Bancorp P/E ratio NBT Bancorp dividend yield Baldwin Insurance ROE NBT Bancorp ROE Baldwin Insurance operating margin NBT Bancorp operating margin Baldwin Insurance revenue growth NBT Bancorp revenue growth Baldwin Insurance free cash flow

Baldwin Insurance & NBT Bancorp appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.