NBHC
National Bank Holdings Corporation39.97
-0.08-0.2%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reaffirms guidance, 2UniFi upside eyed
Q&A reaffirmed prepared guidance on 10% loan growth off $9.4B, ~4% NIM, and $2-4M 2UniFi revenue at flat $22M expense. Management detailed charge-offs as one-offs from lingering judicial issues, now cleared for top-quartile credit in 2026. Tim walked through 2UniFi partnership delays—prior optimism too soon—but eyed off-balance-sheet potential for 2027 leverage. Buybacks took priority with a new $100M authorization. Execs touted growth from Texas, resorts, and recruiting amid disruption. Credit woes? Clean slate ahead. Confident outlook; investors eye 2UniFi scale and organic momentum.
Key Stats
Market Cap
1.51BP/E (TTM)
12.69Basic EPS (TTM)
3.15Dividend Yield
0.03%Recent Filings
10-Q
Q3 FY2025 results
National Bank Holdings posted Q3 net income of $35.3M, up 6.6% y/y, with diluted EPS steady at $0.92 (derived: 38M diluted shares). Net interest income edged up 0.6% y/y to $88.2M on a 45bps lower provision release, while non-interest income rose 12.5% y/y to $20.7M from equity gains; expenses ticked up 4.8% y/y yet efficiency improved. Deposits grew 2.8% q/q to $8.5B (87% transaction), cash swelled to $556M, FHLB debt cleared; loans dipped 4.1% ytd to $7.4B. Free cash flow not disclosed in the 10-Q. Signed Vista deal for $365M in Q1 2026. Competition from other financial institutions pressures deposits.
8-K
Dividend hiked 3.3% to $0.31
National Bank Holdings Corporation raised its quarterly dividend 3.3% to $0.31 per share, payable December 15, 2025, to shareholders of record November 28. Declared October 29, this signals confidence from a strong balance sheet amid its Vista Bancshares acquisition. Future payouts remain board-discretionary. Solid capital fuels growth.
8-K
Q3 earnings beat; Vista looms
NBHC posted Q3 net income of $35.3M, up from $34.0M prior quarter, with adjusted EPS at $0.96 and ROTCE at 14.72% despite $1.7M acquisition costs. Net interest margin expanded to 3.98%; credit quality sharpened as non-performing loans fell to 0.36%. Vista deal advances. Closing eyed for Q1 2026, pending approvals.
8-K
NBHC acquires Vista for Texas expansion
National Bank Holdings Corporation signed a merger agreement on September 15, 2025, to acquire Vista Bancshares for $369.1 million—$84.8 million cash and 7.4 million NBHC shares. The deal creates a $12.4 billion asset powerhouse, expanding into high-growth Dallas-Fort Worth while retaining Vista's Texas brand. Projected 17% EPS accretion awaits. Closing hinges on approvals in Q1 2026.
8-K
Q2 earnings strong, 2UniFi launched
National Bank Holdings disclosed Q2 2025 results via investor presentation, posting $34.0 million net income and 3.95% FTE net interest margin, up 19 basis points year-over-year, while ROATA hit 1.49%. Loans stood at $7.5 billion with 90.5% loan-to-deposit ratio; credit stayed solid at 1.19% ACL/loans. Launched 2UniFi in July, partnering with Nav to boost SMB banking access.
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