NBHC

+ Watchlist + Portfolio

National Bank Holdings Corp.

GridBrain — Sign in

GridSentinel — Sign in

GridAegis — Sign in

Key Metrics

Previous Close: $41.77
52-Week Range: $35.06 – $47.28
Market Cap: $1.86B
P/E (TTM): 17.58
EPS (TTM): 2.37
Dividend Yield: 3.06%

Advanced Metrics

Price/Book: 1.11
PEG Ratio: 1.57
Return on Equity: 6.53%
Return on Assets: 0.87%
Gross Margin: 0.00%
Operating Margin: 28.57%
Profit Margin: 21.80%
Current Ratio: —
Debt/Equity: —
Total Debt: $354.01M
Free Cash Flow: —
Revenue Growth: 22.10%
Earnings Growth: -34.10%
Enterprise Value: $1.80B

NBHC Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$328.67M	$420.10M	$401.43M	$411.58M
Selling, General & Admin	$130.91M	$148.71M	$155.62M	$157.03M
Pretax Income	$86.18M	$175.60M	$145.25M	$133.63M
Income Tax	$14.91M	$33.55M	$26.43M	$24.05M
Net Income	$71.27M	$142.05M	$118.81M	$109.57M
Diluted EPS	2.18	3.72	3.08	2.85
Diluted Shares	32.69M	38.18M	38.58M	38.45M

NBHC Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$195.50M	$190.83M	$127.85M	$417.06M
Total Assets	$9.57B	$9.95B	$9.81B	$9.88B
Long-Term Debt	$438.89M	$394.20M	$104.51M	$54.54M
Total Debt	$438.89M	$394.20M	$104.51M	$54.54M
Total Liabilities	$8.48B	$8.74B	$8.50B	$8.50B
Retained Earnings	$330.72M	$433.13M	$508.86M	$572.46M
Shareholders' Equity	$1.09B	$1.21B	$1.31B	$1.39B
Net Debt	$243.38M	$203.37M	—	—

NBHC Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$214.63M	$166.94M	$155.27M	$162.42M
Capital Expenditure	-$12.43M	-$36.83M	-$34.59M	-$29.92M
Free Cash Flow	$202.20M	$130.10M	$120.68M	$132.50M
Depreciation & Amortisation	$16.45M	$23.85M	$24.19M	$28.10M
Stock-Based Compensation	$6.06M	$7.22M	$8.05M	$7.25M
Investing Cash Flow	-$752.14M	-$404.03M	$64.66M	$186.49M
Financing Cash Flow	-$114.20M	$230.90M	-$284.41M	-$59.70M
Dividends Paid	-$30.45M	-$39.64M	-$42.95M	-$46.05M
Share Repurchases	$0.00	$0.00	$0.00	-$15.17M
Net Change in Cash	-$651.70M	-$6.19M	-$64.48M	$289.21M

NBHC Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$103.21M	$107.86M	$99.55M	$125.70M	—
Selling, General & Admin	$39.70M	$39.77M	$40.93M	$59.83M	—
Pretax Income	$41.54M	$43.15M	$19.09M	$25.94M	—
Income Tax	$7.52M	$7.86M	$3.05M	$5.15M	—
Net Income	$34.02M	$35.28M	$16.04M	$20.79M	—
Diluted EPS	0.88	0.92	0.42	0.46	0.58
Diluted Shares	38.15M	38.03M	37.92M	44.61M	44.92M

NBHC Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$246.30M	$296.48M	$555.56M	$417.06M	$472.79M
Total Assets	$10.10B	$10.00B	$10.15B	$9.88B	$12.61B
Long-Term Debt	$134.59M	$239.38M	$54.74M	$54.54M	$202.14M
Total Debt	$134.59M	$239.38M	$54.74M	$54.54M	$202.14M
Total Liabilities	$8.77B	$8.65B	$8.78B	$8.50B	$10.95B
Retained Earnings	$521.94M	$544.43M	$568.28M	$572.46M	$578.52M
Shareholders' Equity	$1.33B	$1.35B	$1.37B	$1.39B	$1.66B

NBHC Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$39.63M	$32.34M	$52.39M	$38.06M	-$56.83M
Capital Expenditure	-$10.17M	-$5.84M	-$5.90M	-$8.01M	-$5.49M
Free Cash Flow	$29.46M	$26.50M	$46.49M	$30.04M	-$62.32M
Depreciation & Amortisation	$6.33M	$5.92M	$7.58M	$8.27M	$8.96M
Stock-Based Compensation	$1.70M	$1.99M	$2.15M	$1.41M	$6.35M
Investing Cash Flow	-$127.48M	$86.74M	$206.66M	$20.57M	$46.55M
Financing Cash Flow	$206.31M	-$68.90M	$18.00K	-$197.13M	$66.02M
Dividends Paid	-$11.28M	-$11.52M	-$11.44M	-$11.80M	-$14.74M
Share Repurchases	$0.00	-$4.24M	-$8.80M	-$2.13M	-$16.11M
Net Change in Cash	$118.45M	$50.19M	$259.08M	-$138.50M	$55.73M

Market Snapshot

About

National Bank Holdings Corp. operates community banks across Colorado, Kansas, and other Western and Midwestern states. The company provides commercial banking, business banking, and consumer financial services through over 90 banking centers. NBHC emphasizes relationship-focused service with expertise in commercial real estate lending, small business banking, and treasury management solutions.