National Bank Holdings Corporation NBHC
- Market cap
- $1.8B
- P/E
- 16.9×
Follow NBHC
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18.41 | 30.10 | 29.26 | 30.42 | 20.25 | 32.14 | 36.04 | 26.48 | 32.13 | 32.83 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 32.28 | 37.08 | 41.44 | 38.92 | 37.15 | 46.52 | 50.00 | 44.50 | 51.76 | 44.93 |
High Price
|
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| 1,004 | 963 | 1,332 | 1,298 | 1,224 | 1,154 | 1,322 | 1,274 | 1,309 | 1,302 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
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| 200 | 204 | 292 | 325 | 358 | 311 | 352 | 559 | 599 | 587 |
Revenue
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| 92.61% | 91.10% | 91.80% | 88.70% | 93.01% | 95.56% | 94.93% | 76.14% | 67.83% | 70.84% |
Gross Margin
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| 26 | 36 | 74 | 96 | 109 | 115 | 86 | 176 | 145 | 134 |
EBT
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| 12.97% | 17.61% | 25.22% | 29.57% | 30.54% | 36.93% | 24.48% | 31.39% | 24.23% | 22.75% |
EBT Margin
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| 23 | 15 | 61 | 80 | 89 | 94 | 71 | 142 | 119 | 110 |
Net Income
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| 17 | 15 | 15 | 18 | 18 | 18 | 18 | 23 | 23 | 25 |
Depreciation
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| 7.08 | 7.56 | 9.50 | 10.44 | 11.61 | 10.13 | 10.88 | 14.74 | 15.69 | 15.47 |
Revenue/Sh
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| 0.81 | 0.54 | 2.00 | 2.57 | 2.87 | 3.04 | 2.20 | 3.74 | 3.10 | 2.86 |
Earnings/Sh
|
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| (0.14) | 2.16 | 2.39 | 1.42 | (0.20) | 5.84 | 6.63 | 4.40 | 4.06 | 4.28 |
Cash Flow/Sh
|
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| 0.02 | (0.21) | (0.20) | (0.36) | (0.14) | 0.17 | (0.38) | (0.97) | (0.91) | (0.79) |
Capex/Sh
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| (0.11) | 1.95 | 2.19 | 1.06 | (0.34) | 6.01 | 6.25 | 3.43 | 3.16 | 3.49 |
Free CF/Sh
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| 18.94 | 19.77 | 22.60 | 24.60 | 26.60 | 27.34 | 33.75 | 31.97 | 34.15 | 36.48 |
Book Value/Sh
|
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| 28 | 27 | 31 | 31 | 31 | 31 | 32 | 38 | 38 | 38 |
Shares
|
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| 38.05 | 58.69 | 15.44 | 13.70 | 11.41 | 14.45 | 19.12 | 9.92 | 13.94 | 13.29 |
PE Ratio
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| 4.51 | 4.27 | 3.25 | 3.37 | 2.82 | 4.34 | 3.92 | 2.52 | 2.74 | 2.46 |
PS Ratio
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| 1.69 | 1.63 | 1.37 | 1.43 | 1.23 | 1.61 | 1.26 | 1.16 | 1.26 | 1.04 |
PB Ratio
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| 3.94 | 3.64 | 3.91 | 3.67 | 1.19 | 1.75 | 4.61 | 2.88 | 2.71 | 1.84 |
EV/Sales
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| (243.63) | 14.11 | 16.96 | 36.18 | (40.35) | 2.89 | 8.03 | 12.38 | 13.44 | 8.15 |
EV/FCF
|
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| (4) | 58 | 74 | 44 | (6) | 180 | 215 | 167 | 155 | 162 |
Op' Cash Flow
|
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| 1 | (6) | (6) | (11) | (4) | 5 | (12) | (37) | (35) | (30) |
Capex
|
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| (3) | 53 | 67 | 33 | (11) | 185 | 202 | 130 | 121 | 132 |
FCF
|
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| (952) | (700) | (387) | (190) | (552) | (802) | (544) | (400) | (448) | (521) |
Working Cap'
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| 39 | 129 | 302 | 208 | 21 | 39 | 439 | 394 | 105 | 55 |
Total Debt
|
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| (114) | (128) | 192 | 97 | (585) | (806) | 243 | 203 | (23) | (363) |
Net Debt
|
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| 536 | 532 | 695 | 767 | 821 | 840 | 1,092 | 1,213 | 1,305 | 1,385 |
Sh' Equity
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| 0.50% | 0.31% | 1.17% | 1.39% | 1.41% | 1.35% | 0.85% | 1.46% | 1.20% | 1.11% |
ROA
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| 3.85% | 5.55% | 5.19% | 6.96% | 28.96% | 212.04% | 4.03% | 7.75% | 7.08% | 8.17% |
ROIC
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| 4.00% | 2.73% | 10.01% | 10.99% | 11.16% | 11.27% | 7.36% | 12.33% | 9.44% | 8.15% |
ROE
|
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National Bank Holdings Corporation peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| DCOM Dime Community Bancshares, Inc. | $1.8B | 14.6× | Compare |
| HAPN Happen Inc. | $1.8B | 8.8× | Compare |
| HOPE Hope Bancorp, Inc. | $1.8B | 13.8× | Compare |
| STBA S&T Bancorp, Inc. | $1.8B | 13.1× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| FSUN FirstSun Capital Bancorp | $1.7B | 19.9× | Compare |
| LOB Live Oak Bancshares, Inc. | $1.7B | 13.0× | Compare |
| AVAL Grupo Aval Acciones y Valores S.A. | $1.9B | 12.4× | Compare |
| GABC German American Bancorp, Inc. | $1.9B | 13.1× | Compare |
National Bank Holdings Corporation (NBHC) key facts
- National Bank Holdings Corporation (NBHC) is a Banks Regional company in the Financial sector, listed on the New York Stock Exchange.
- National Bank Holdings Corporation’s revenue for fiscal 2025 (year ended December 2025) was $587.3 million, down 2.03% from fiscal 2024.
- Net income was $109.6 million, or $2.86 per share (basic), a net margin of 18.7%.
- As of September 25, 2026, NBHC traded at $40.17, a market capitalization of $1.8 billion.
- At that price the stock trades at 16.9× trailing-twelve-month earnings and 2.7× sales.
- National Bank Holdings Corporation pays an annual dividend of $1.04 per share, a yield of 3.21%, with a payout ratio of 35.1%.
- Return on equity was 8.15% and debt-to-equity 0.20.
National Bank Holdings Corporation (NBHC) Latest News
22 Jul
National Bank Holdings Corp reported record loan production during its Q2 2026 earnings call. Record loan production signals strong growth and improved operational performance for National Bank Holdings Corporation.
National Bank Holdings Corporation reported Q2 earnings highlights including financial results and operational updates. Q2 earnings results directly shape near-term valuation and investor sentiment for NBHC.
National Bank Holdings Corporation held Q2 2026 earnings call covering financial results, operational updates and forward outlook. Quarterly earnings data and guidance typically shift near-term valuation and sentiment without altering long-term strategy.
21 Jul
NBHC reported Q2 earnings and revenues that missed analyst estimates. Earnings and revenue miss signals weaker quarterly results likely to pressure near-term stock performance.
National Bank Holdings Corporation missed Q2 CY2026 sales expectations. Missing quarterly sales targets can pressure near-term stock price and investor sentiment for National Bank Holdings Corporation.
20 Jul
National Bank Holdings (NBHC) prepares to release Q2 earnings, with focus on anticipated financial metrics, revenue, and profitability indicators that shape investor views. Q2 earnings expectations can moderately shift near-term investor sentiment and stock valuation for National Bank Holdings.
10 Jun
National Bank Holdings (NBHC) Q1 results are benchmarked against other regional banks, highlighting performance metrics and sector positioning. Q1 benchmarking provides moderate insight into NBHC's relative financial performance.
1 May
National Bank Holdings Corporation (NBHC) missed earnings expectations and paused its share buyback program, prompting debate on whether this signals a shift in its capital allocation strategy. Earnings miss combined with buyback pause represents a major strategic shift in capital allocation that could significantly impact financial performance and investor sentiment.
28 Apr
National Bank Holdings Corporation’s Q1 earnings call spotlighted five must-read analyst questions addressing key performance metrics, strategic outlook, and operational challenges. Analyst questions from Q1 earnings call probe financial results and future strategy, influencing investor sentiment moderately.
24 Apr
National Bank Holdings Corporation (NBHC) released Q1 earnings call highlights covering financial results, loan growth, deposit trends, and forward guidance. Q1 earnings highlights detail financial performance, net interest margins, and outlook, significantly impacting NBHC's stock valuation and investor sentiment.
23 Apr
National Bank Holdings Corp (NBHC) reported record loan originations in Q1 2026 earnings call highlights, signaling strong lending growth and positive financial performance. Record loan originations reflect major growth in core banking activities, poised to significantly enhance NBHC's revenue trajectory and investor confidence.
National Bank Holdings Corporation (NBHC) delivered strong Q1 results featuring loan growth, seamless acquisition integration, and margin expansion, collectively shaping a positive future outlook. Loan growth, acquisition integration, and margin expansion represent major strategic achievements boosting NBHC's financial trajectory and investor sentiment.
22 Apr
National Bank Holdings Corporation (NBHC) released the transcript of its Q1 2026 earnings call. Q1 2026 earnings transcript details financial results, guidance, and strategy, significantly shaping investor expectations and stock trajectory.
National Bank Holdings Corporation (NBHC) reported mixed Q1 2026 earnings results, leading to a reassessment of its valuation amid concerns over performance metrics and future outlook. Mixed Q1 earnings directly impact NBHC's financial performance and investor sentiment but are balanced by broader market factors.
National Bank Holdings Corporation released Q1 2026 earnings call summary, covering financial results, loan growth, deposit trends, net interest margin, credit quality, and outlook amid economic conditions. Quarterly earnings highlights affect financial metrics and market sentiment but remain routine without transformative shifts.
21 Apr
National Bank Holdings Corporation announced first quarter 2026 financial results. Quarterly earnings releases provide critical financial data that significantly influence NBHC's stock price, investor sentiment, and market trajectory.
National Bank Holdings Corporation (NBHC) reported first-quarter earnings that beat analyst estimates. Beating Q1 earnings estimates positively affects NBHC's financial performance and market sentiment but remains limited to quarterly results.
National Bank Holdings (NYSE:NBHC) missed Q1 CY2026 sales expectations. Missing Q1 CY2026 sales expectations signals weaker revenue performance, moderately impacting NBHC's financial results and market sentiment.
20 Apr
Analysts preview National Bank Holdings Corporation (NBHC) Q1 earnings, forecasting revenue growth, EPS, net interest margins, loan trends, deposit levels, and expense management amid economic pressures. Q1 earnings expectations directly influence near-term financial performance perceptions and stock sentiment.
11 Feb
National Bank Holdings Corporation (NBHC) is highlighted as a strong long-term investment option, emphasizing its solid fundamentals and growth potential. The article contrasts NBHC with two other bank stocks that are deemed less favorable for long-term holding. Factors contributing to NBHC's positive outlook include its strategic positioning and financial performance, which are expected to benefit from ongoing market trends. NBHC's strong fundamentals and growth potential indicate significant impact on its future performance and market positioning.
National Bank Holdings Corporation (NBHC) has successfully closed its offering of subordinated notes, raising $100 million. The notes will mature in 2033 and are intended to enhance the bank's capital position. The offering was well-received, reflecting strong investor interest and confidence in NBHC's financial stability and growth prospects. The successful closing of the subordinated notes offering is expected to moderately enhance NBHC's capital position and financial flexibility.
5 Feb
National Bank Holdings Corporation (NBHC) is highlighted as a top dividend stock for February 2026, showcasing its strong financial performance and commitment to returning value to shareholders. The bank's consistent dividend payments and growth potential make it an attractive option for investors seeking reliable income. Analysts emphasize the importance of NBHC's strategic initiatives and market positioning, which contribute to its favorable outlook in the competitive banking sector. Strong financial performance and strategic initiatives are likely to significantly impact future market positioning and investor sentiment.
4 Feb
National Bank Holdings Corporation (NBHC) is highlighted among three stocks trading at discounts of up to 44%. Analysts suggest that NBHC's current valuation may not reflect its underlying growth potential, making it an attractive investment opportunity. The article emphasizes the importance of evaluating market conditions and company fundamentals when considering such investments. The potential undervaluation of NBHC could moderately influence its market performance and investor sentiment.
3 Feb
National Bank Holdings Corporation's Q4 earnings call featured five notable analyst questions that highlighted key areas of interest for the bank's future performance. Discussions included insights on financial strategies, market positioning, and potential growth opportunities, reflecting analysts' focus on the bank's operational effectiveness and competitive landscape. The call provided a platform for management to address concerns and outline future directions, emphasizing the importance of strategic initiatives in navigating market challenges. Analyst questions during the earnings call indicate a moderate influence on the bank's financial performance and strategic direction.
31 Jan
National Bank Holdings Corporation (NBHC) is balancing its digital initiatives with capital returns following its acquisition of Vista Bank. The bank aims to enhance its digital capabilities while ensuring shareholder returns through dividends and stock buybacks. This strategic approach reflects NBHC's commitment to growth and shareholder value amidst evolving market conditions. The acquisition and digital strategy are significant moves that could alter the company's growth trajectory and investor sentiment.
29 Jan
National Bank Holdings Corporation (NBHC) reported strong financial results for Q4 2025, highlighting significant growth in net income and improved efficiency ratios. The bank's strategic initiatives, including enhanced digital offerings and expanded market presence, contributed to its robust performance. Management expressed optimism about future growth prospects and ongoing investments in technology to better serve customers. Overall, the earnings call reflected a positive outlook for NBHC's continued success in the competitive banking landscape. Strong financial results and strategic initiatives indicate significant potential for future growth and market performance.
28 Jan
National Bank Holdings Corporation reported its Q4 earnings, highlighting strong financial performance driven by increased net interest income and improved asset quality. The bank's strategic initiatives, including digital banking enhancements and expansion into new markets, contributed to a solid growth outlook. Management expressed confidence in sustaining momentum despite potential economic headwinds, emphasizing a focus on operational efficiency and customer experience. Overall, the earnings call reflected a positive trajectory for the bank moving forward. Significant strategic initiatives and positive financial performance are likely to influence future growth and investor sentiment.
27 Jan
National Bank Holdings Corporation (NBHC) reported its Q4 earnings, showcasing a notable increase in net income and improved efficiency ratios. The bank's total assets and deposits also saw significant growth, reflecting strong customer demand and effective management strategies. The earnings report highlights the bank's commitment to expanding its market presence and enhancing shareholder value through strategic initiatives. The earnings report indicates significant growth and strategic initiatives that could alter the company's trajectory and investor sentiment.
National Bank Holdings Corporation (NBHC) reported its financial results for the fourth quarter and full year of 2025, highlighting key metrics such as net income, earnings per share, and loan growth. The bank demonstrated strong performance, with an increase in total assets and a solid return on equity. Management provided insights into strategic initiatives and market conditions that influenced the results, indicating a positive outlook for future growth. The financial results indicate significant growth and strategic initiatives that could alter the company's trajectory and investor sentiment.
National Bank Holdings Corporation (NBHC) reported its Q4 CY2025 earnings, falling short of sales expectations. The company's performance has raised concerns among investors regarding its future growth prospects and market positioning. Analysts are closely monitoring the implications of this miss on NBHC's strategic initiatives and overall financial health. Sales miss indicates potential challenges in financial performance and market sentiment.