National Bank Holdings Corporation

NBHC Financial Banks Regional

National Bank Holdings Corporation’s revenue for fiscal 2025 (year ended December 2025) was $587.3 million, down 2.03% from fiscal 2024.

Revenue
+18.3%
EPS
−121.4%
Free cash flow
+394.3%
Total debt
+497.1%

Quarter to September 2026, against a year earlier

38.04 0.61 +1.63%
Market cap
$1.7B
P/E
30.1×
Fwd P/E
20.5×
Dividend yield
3.34%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

National Bank Holdings Corporation (NBHC) P/E ratio

Alert me on P/E ratio

As of 2 November 2026, National Bank Holdings Corporation (NBHC) trades at a P/E ratio of 30.1×. Over the past ten years it has ranged from 8.0× (March 2020) to 232× (November 2015); the current reading is higher than 73% of that period. That is above the Banks Regional industry median of 12.5× and above the Financial sector median of 12.6×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 13.3× (4.63%)
FY2024 13.9× 40.44%
FY2023 9.9× (48.11%)
FY2022 19.1× 32.29%
FY2021 14.5× 26.63%
FY2020 11.4× (16.71%)
FY2019 13.7× (11.21%)
FY2018 15.4× (73.70%)
FY2017 58.7× 54.26%
FY2016 38.0× (73.29%)

Quarterly newest first

Period P/E ratio Change
Sep 2026 31.0× 66.23%
Jun 2026 18.7× 28.24%
Mar 2026 14.6× 9.54%
Dec 2025 13.3× 9.03%
43 more quarters

Against its own ten years

Low 8.0× High 232×
Ten-year median 14.8×
Current reading's percentile 79

P/E ratio against peers

Company P/E ratio
BLX Bladex Inc. compare 8.1×
CNOB ConnectOne Bancorp, Inc. compare 10.8×
AVAL Grupo Aval Acciones y Valores S.A. compare 10.9×
QCRH QCR Holdings, Inc. compare 12.2×
TCBK TriCo Bancshares compare 12.8×
HOPE Hope Bancorp, Inc. compare 13.3×
OBK Origin Bancorp, Inc. compare 16.8×
BFC Bank First National Corporation compare 19.7×
NBHC National Bank Holdings Corporation 30.1×
Banks Regional industry median 12.5×
Financial sector median 12.6×
Market median 18.6×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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