National Bank Holdings Corporation

National Bank Holdings Corporation

38.21
USD
+0.72
(+1.92%)
2.38EPS
18.57P/E
1.98BMarket Cap
Jan 26Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.44
5.53
6.26
7.06
6.87
8.68
9.3
10.68
9.49
10.14
11.06
10.47
10.74
- -
Basic EPS, GAAP
0.15
0.23
0.16
0.88
0.54
1.99
2.57
2.88
3.04
2.2
3.74
3.1
2.86
- -
Free Cash Flow per Basic Share
-0.68
-0.07
-1.39
-0.15
1.94
2.18
1.06
-0.34
5.83
6.24
3.43
3.15
3.46
- -
Dividend per Share
0.21
0.22
0.22
0.24
0.35
0.54
0.75
0.81
0.87
0.94
1.04
1.12
1.2
0.96
Book Value per Share
19.99
20.43
20.34
20.32
19.81
22.59
24.6
26.79
28.04
29.04
32.1
34.29
36.67
- -
Tangible Book Value per Share
18.16
18.47
17.97
17.8
17.53
18.41
20.55
22.45
23.79
20.03
22.25
24.72
27.29
- -
Basic Weighted Avg Shares
47
39
31
26
27
31
31
31
31
32
38
38
38
43
Sales/Revenue/Turnover
210
218
192
186
186
268
291
329
292
329
420
401
412
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
16
16
16
14
13
12
15
14
14
16
24
24
28
- -
Net Income, GAAP
7
9
5
23
15
61
80
89
94
71
142
119
110
- -
Effective Tax Rate (%)
36.32
25.65
38.41
11.33
59.35
16.6
16.46
19.02
18.58
17.3
19.11
18.2
18
- -
Profit Margin (%)
3.3
4.21
2.54
12.42
7.86
22.91
27.62
26.94
32.02
21.69
33.81
29.6
26.62
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
40
40
39
129
302
208
- -
39
439
394
105
55
- -
Total Equity
898
795
618
536
532
695
767
821
840
1,092
1,213
1,305
1,385
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
0.7
1.06
0.65
3.74
2.36
7.41
8.15
9.87
11.01
5.91
9.05
7.88
7.69
- -
Return on Common Equity (%)
0.7
1.08
0.69
4
2.73
10.01
10.99
11.16
11.27
7.38
12.33
9.44
8.15
- -

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
- -
- -
- -
LT Borrowings
202
327
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
45
45
44
Market Capitalization
1,750
1,979
1,736

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,078
966
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.12%
11.43%
6.13%
Free Cash Flow
-349.96%
-363.93%
9.79%
Net Income, GAAP
75.51%
11.39%
-7.78%
Sales/Revenue/Turnover
9%
5.45%
2.53%
Total Cash Common Dividend
23.35%
13.47%
7.24%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
100
96
105
100
401
2025
101
103
108
100
412
2026
126
128
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.83
0.68
0.86
0.74
3.1
2025
0.64
0.89
0.93
0.42
2.86
2026
0.47
0.59
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.28
0.28
0.29
1.12
2025
0.3
0.3
0.3
0.31
1.2
2026
0.33
0.33
- -
- -
- -

Company Description

CEO
G. Timothy Laney
Full Time Employees
1,302
Sector
Finance
Industry
Regional banks
Address
7800 East Orchard Road Greenwood Village CO United States 80111
IPO Date
Sep 19, 2012
Business
National Bank Holdings Corporation serves as the holding entity for NBH Bank, delivering a broad spectrum of banking products and financial solutions to commercial enterprises, business clients, and individual consumers across the United States. The company provides diverse deposit offerings, including checking, savings, and money market accounts, alongside various fixed-rate and fixed-maturity time deposits. Its comprehensive lending portfolio encompasses commercial and industrial loans and leases, such as those for working capital, equipment, lender finance, food and agriculture, government and non-profit organizations, and owner-occupied commercial real estate, in addition to other commercial financing. National Bank Holdings Corporation also extends non-owner occupied commercial real estate loans for properties like office buildings, warehouse and distribution centers, multi-family residences, hospitality venues, and retail spaces. Further loan services include Small Business Administration (SBA) loans, term loans, lines of credit, real estate-secured loans, residential real estate loans, and consumer loans. Moreover, the company offers an array of treasury management solutions, featuring online and mobile banking platforms, commercial credit cards, wire transfers, automated clearing house (ACH) services, electronic bill payment, lockbox services, remote deposit capture, merchant processing, cash vault services, controlled disbursements, and advanced fraud prevention tools. Auxiliary services include account reconciliation, collections, repurchase accounts, zero balance accounts, and sweep accounts. Through its subsidiary, Bank of Jackson Hole Trust, the company also provides wealth management and trust services, including investment advisory, retirement planning, portfolio management, trust administration, and estate planning. As of December 31, 2023, National Bank Holdings Corporation operates through a network of over 90 banking centers, primarily located in Colorado, the greater Kansas City region, New Mexico, Utah, Texas, Wyoming, and Idaho. The institution, incorporated in 2009, maintains its headquarters in Greenwood Village, Colorado. A significant strategic development includes a merger agreement with Vista Bancshares, Inc., announced in September 2025 and anticipated to close in the first quarter, further enhancing its market presence. Additionally, the company is developing 2UniFi, a digital platform aimed at delivering banking services, digital payment tools, and financial information management to small and medium-sized businesses nationwide.

Company News

  • National Bank Holdings Corporation Announces Increase to Quarterly Dividend

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  • National Bank Holdings (NBHC) Misses Q3 Earnings and Revenue Estimates

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  • National Bank (NBHC) Expected to Release Quarterly Earnings on Tuesday

  • Critical Survey: National Bank (NYSE:NBHC) & BV Financial (NASDAQ:BVFL)

  • National Bank Holdings Corporation Announces Date for 2026 Third Quarter Earnings Release

  • National Bank Holdings (NBHC) Could Be a Great Choice

  • National Bank Holdings Corporation (NYSE:NBHC) Receives Average Rating of “Moderate Buy” from Analysts

  • National Bank Holdings Corporation (NYSE:NBHC) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

  • National Bank Holdings Corporation Announces Quarterly Dividend

  • National Bank Holdings Corporation (NBHC) Q2 2026 Earnings Call Transcript

  • National Bank Q2 Earnings Call Highlights

  • National Bank Holdings (NBHC) Q2 Earnings and Revenues Miss Estimates

  • National Bank Holdings Corporation Announces Second Quarter 2026 Financial Results

  • National Bank Holdings Corporation Announces Date for 2026 Second Quarter Earnings Release

  • National Bank Holdings (NBHC) Could Be a Great Choice