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Updated 2h ago
NBHC logo

National Bank Holdings CorporationNYSE:NBHC Stock Report

Market Cap US$1.9b
Updated 2h ago
Share Price
n/a
1Y8.6%
7D-0.7%
1D0.5%
Portfolio Value
​
View

National Bank Holdings Corporation

NYSE:NBHC Stock Report

Market Cap: US$1.9b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

National Bank Holdings (NBHC) Stock Overview

Operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States. More details

NBHC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 34% below our estimate of its fair value

Earnings are forecast to grow 38.21% per year

Pays a reliable dividend of 3.07%

Risk Analysis

Shareholders have been diluted in the past year


NBHC Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
13.5% undervalued intrinsic discount
AnalystConsensusTarget
•3mo ago

Digital Banking Integration And Cost Cuts Will Shape Future Markets

286
0
4

Top Analyst Narratives

NBHC logo
National Bank Holdings
13.5% undervalued intrinsic discount

Digital Banking Integration And Cost Cuts Will Shape Future Markets

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 6 Jun
Read Narrative
View all narratives

National Bank Holdings Corporation Competitors

Dime Commercial Bancshares

Symbol: NYSE:DCOM
Market cap: US$1.8b

S&T Bancorp

Symbol: NasdaqGS:STBA
Market cap: US$1.8b

TriCo Bancshares

Symbol: NasdaqGS:TCBK
Market cap: US$1.7b

OceanFirst Financial

Symbol: NasdaqGS:OCFC
Market cap: US$1.8b

Price History & Performance

Summary of share price highs, lows and changes for National Bank Holdings
Historical stock prices
Current Share PriceUS$41.76
52 Week HighUS$47.28
52 Week LowUS$35.06
Beta0.76
1 Month Change-3.04%
3 Month Change-4.53%
1 Year Change8.55%
3 Year Change36.11%
5 Year Change16.06%
Change since IPO113.06%

Recent News & Updates

Recent updates

User avatar
Narrative Update • Jun 06

NBHC: Future Upside Will Rely On Margins And Share Repurchases

Analysts raised their price target on National Bank Holdings by $4 to $48.25, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E, which together support a higher valuation framework. Analyst Commentary Bullish Takeaways Bullish analysts see the higher US$48.25 price target as better aligned with their updated fair value work, suggesting they view current trading levels as not fully reflecting their valuation framework.
User avatar
Narrative Update • May 21

NBHC: Future Upside Will Depend On Margins And Share Repurchases

Analysts have raised their price target for National Bank Holdings by $1 to $48.25, citing small adjustments in fair value, discount rate assumptions, revenue growth expectations, profit margin outlook and forward P/E estimates as the main factors behind the change. Analyst Commentary Recent research updates focus on how the revised price targets line up with expectations for National Bank Holdings on growth, profitability and valuation.
User avatar
Narrative Update • Apr 24

NBHC: Overweight Stance Will Rely On Margins And Capital Returns

Analysts have raised their price target on National Bank Holdings to $47.25 from $46.00, citing updated assumptions related to revenue growth, profit margins, and a lower forward P/E outlook in light of recent Street research coverage. Analyst Commentary Analysts are reassessing National Bank Holdings with fresh assumptions around revenue growth, profitability, and how the stock is valued on a forward P/E basis.
User avatar
Narrative Update • Apr 10

NBHC: Overweight Rating And Capital Returns Will Shape Future Risk Reward

Analysts have nudged their fair value estimate for National Bank Holdings slightly lower from $46.25 to $46.00, citing updated assumptions around revenue growth, profit margins, and future P/E expectations following recent research coverage. Analyst Commentary Bullish Takeaways Bullish analysts view the initiation of research coverage as a sign that investors are paying closer attention to National Bank Holdings, which can help support the updated fair value estimate of $46.00.
User avatar
Narrative Update • Mar 26

NBHC: Overweight Rating And Capital Returns Will Support Future Upside

Analysts have maintained their average price target for National Bank Holdings at $46.25. This suggests consistent assumptions on discount rate, revenue growth, profit margin, and future P/E, despite the recent research update and a new Overweight initiation by Piper Sandler.
User avatar
Narrative Update • Mar 11

NBHC: Expanded Buybacks And Higher Dividend Will Drive Future Upside

Analysts have reset their 12 month price target for National Bank Holdings to $46.25, reflecting updated views on revenue growth, profit margins, and a higher assumed future P/E multiple. What's in the News Fourth quarter 2025 charge offs reported at $10,435,000, compared with $2,391,000 for the same quarter a year earlier (company announcement).
User avatar
Narrative Update • Feb 25

NBHC: Expanded Buybacks And Higher Dividend Will Support Future Upside

Analysts have reaffirmed their $46.25 price target for National Bank Holdings, citing unchanged assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. Together, these factors indicate a steady outlook rather than a shift in valuation views.
User avatar
Narrative Update • Feb 11

NBHC: Buybacks And Dividend Increases Will Offset Higher Credit Costs

Analysts have nudged their price target on National Bank Holdings higher from $45.75 to $46.25, pointing to updated assumptions around revenue growth, profit margins, and a slightly lower future P/E multiple as the key drivers of the change. What's in the News The Board of Directors authorized a new share buyback plan on January 27, 2026, adding another repurchase program for National Bank Holdings Corporation (Key Developments).
User avatar
Narrative Update • Jan 26

NBHC: Texas Expansion And Vista Acquisition Will Support Future Rebound Potential

Narrative update Analysts have lifted their price target on National Bank to $42, citing what they view as a compelling valuation discount after the recent pullback and the added scale from the Vista acquisition in the higher growth Texas market. Analyst Commentary Recent research on National Bank focuses on how the current share price compares with peers and what the Vista acquisition could mean for growth and execution in Texas.
User avatar
Narrative Update • Jan 10

NBHC: Texas Expansion And Vista Acquisition Will Support Stronger Long-Term Prospects

Analysts have modestly raised their price target on National Bank Holdings to $45.75, highlighting what they see as a compelling valuation after the recent pullback and the added scale from the Vista acquisition in the higher growth Texas market. Analyst Commentary Recent research reflects a more constructive tone on National Bank Holdings after the pullback, with attention on both the valuation reset and the potential impact of the Vista acquisition in Texas.
User avatar
Narrative Update • Dec 19

NBHC: Texas Expansion And Vista Deal Will Drive Stronger Long-Term Prospects

Analysts have raised their price target on National Bank Holdings by $2.00 to $45.75, citing an attractive valuation reset and improved long term growth and profitability prospects following the company’s expansion into higher growth Texas markets. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the recent share price pullback has created a more attractive valuation discount versus peer banks, providing a favorable entry point.
Seeking Alpha • Dec 04

National Bank Holdings: Growth Bank At A Value Price

Summary National Bank Holdings has enjoyed solid growth over the past decade, but the share price hasn't gone anywhere. There's a solid dividend track record here, with the bank growing the dividend faster than peer banks and posting nine years of consecutive increases. The planned Vista Bancshares acquisition expands NBHC's Sunbelt footprint, giving it another growth driver. Read the full article on Seeking Alpha
Analysis Article • Nov 02

National Bank Holdings (NYSE:NBHC) Is Paying Out A Larger Dividend Than Last Year

National Bank Holdings Corporation's ( NYSE:NBHC ) dividend will be increasing from last year's payment of the same...
Analysis Article • Oct 25

National Bank Holdings Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

National Bank Holdings Corporation ( NYSE:NBHC ) just released its latest quarterly results and things are looking...
User avatar
New Narrative • Sep 24

Expanding 2UniFi And Cambr Ventures Risk Eroding Profits Amid Market Volatility

Investing in 2UniFi and trucking sector exposure may strain finances due to operational costs and potential loan defaults, affecting profitability.
Analysis Article • Jun 30

With EPS Growth And More, National Bank Holdings (NYSE:NBHC) Makes An Interesting Case

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Apr 25

It's Unlikely That The CEO Of National Bank Holdings Corporation (NYSE:NBHC) Will See A Huge Pay Rise This Year

Key Insights National Bank Holdings will host its Annual General Meeting on 1st of May Salary of US$850.0k is part of...

Shareholder Returns

NBHCUS BanksUS Market
7D-0.7%-1.4%-2.2%
1Y8.6%17.6%13.1%

Return vs Industry: NBHC underperformed the US Banks industry which returned 17.6% over the past year.

Return vs Market: NBHC underperformed the US Market which returned 13.1% over the past year.

Price Volatility

Is NBHC's price volatile compared to industry and market?
NBHC volatility
NBHC Average Weekly Movement3.0%
Banks Industry Average Movement3.1%
Market Average Movement6.9%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

Stable Share Price: NBHC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NBHC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,276Tim Laneywww.nationalbankholdings.com

National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States. It offers deposit products, including checking, savings, money market, health savings, and other deposit accounts, including fixed-rate and fixed maturity time deposits. The company also provides commercial and industrial loans and leases, such as working capital loans, equipment loans, lender finance loans, food and agriculture loans, government and non-profit loans, owner occupied commercial real estate loans, and other commercial loans and leases; non-owner occupied commercial real estate loans consisting of loans on commercial properties, such as hospitality, office buildings, warehouse/distribution buildings, multi-family, and retail buildings; small business administration loans to support small businesses and entrepreneurs; term loans, line of credits, and real estate secured loans; residential real estate loans; and consumer loans.

National Bank Holdings Corporation Fundamentals Summary

How do National Bank Holdings's earnings and revenue compare to its market cap?
NBHC fundamental statistics
Market capUS$1.85b
Earnings (TTM)US$97.40m
Revenue (TTM)US$452.27m
19.1x
P/E Ratio
1.1x
P/B Ratio

Is NBHC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NBHC income statement (TTM)
RevenueUS$452.27m
Cost of RevenueUS$0
Gross ProfitUS$452.27m
Other ExpensesUS$354.86m
EarningsUS$97.40m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.19
Gross Margin100.00%
Net Profit Margin21.54%
Debt/Equity Ratio21.2%

How did NBHC perform over the long term?

See historical performance and comparison

Dividends

3.1%
Current Dividend Yield
54%
Payout Ratio

Does NBHC pay a reliable dividends?

See NBHC dividend history and benchmarks
When do you need to buy NBHC by to receive an upcoming dividend?
National Bank Holdings dividend dates
Ex Dividend DateAug 28 2026
Dividend Pay DateSep 15 2026
Days until Ex dividend15 days
Days until Dividend pay date3 days

Does NBHC pay a reliable dividends?

See NBHC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 22:04
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

National Bank Holdings Corporation is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RulisD.A. Davidson & Co.
null nullD.A. Davidson & Co.
Ryan NashGoldman Sachs

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