National Bank Holdings Corporation (FRA:NB9)

National Bank Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	498.11	505.27	461.38	255.67	181.82	200.03
Interest Income on Investments	37.16	33	34.04	29.02	19.15	17.98
Total Interest Income	535.27	538.27	495.42	284.69	200.97	218
Interest Paid on Deposits	177.09	186.19	109.38	14.6	13.6	23.63
Interest Paid on Borrowings	6.3	6.69	24.09	3.26	0.22	1.43
Total Interest Expense	183.39	192.88	133.46	17.85	13.82	25.06
Net Interest Income	351.88	345.39	361.95	266.84	187.14	192.95
Net Interest Income Growth (YoY)	2.03%	-4.58%	35.65%	42.58%	-3.01%	-6.26%
Mortgage Banking Activities	11.02	11.1	13.71	23.77	63.36	102.38
Gain (Loss) on Sale of Assets	1.31	0.6	0.1	-	-	-
Gain (Loss) on Sale of Investments	17.12	-1.58	4.04	-	-	-
Other Non-Interest Income	32.38	50.99	46.15	43.54	47	37.49
Total Non-Interest Income	61.83	61.11	63.99	67.31	110.36	140.26
Non-Interest Income Growth (YoY)	-8.03%	-4.51%	-4.93%	-39.01%	-21.31%	69.23%
Revenues Before Loan Losses	413.71	406.5	425.94	334.15	297.51	333.2
Provision for Loan Losses	14.18	6.76	8.3	36.73	-9.29	17.63
Revenue	399.53	399.74	417.65	297.42	306.8	315.57
Revenue Growth (YoY)	-1.02%	-4.29%	40.42%	-3.06%	-2.78%	13.90%
Salaries and Employee Benefits	137.02	138.2	130.48	118.91	121.96	135.87
Occupancy Expenses	33.96	33.75	31.45	31.5	25.28	27.47
Federal Deposit Insurance	4.93	5.39	7.01	2.12	1.85	1.17
Amortization of Goodwill & Intangibles	7.88	7.94	7.39	2.34	1.18	1.18
Selling, General & Administrative	43.21	42.78	40.9	36.96	22.78	20.09
Other Non-Interest Expense	25.67	25.56	24.75	19.41	18.77	18.08
Total Non-Interest Expense	252.66	253.62	241.97	211.23	191.83	203.83
EBT Excluding Unusual Items	146.88	146.12	175.68	86.18	114.97	111.75
Asset Writedown	-0.88	-0.88	-0.08	-	-	-
Pretax Income	146	145.25	175.6	86.18	114.97	109.4
Income Tax Expense	26.46	26.43	33.55	14.91	21.37	20.81
Net Income	119.54	118.82	142.05	71.27	93.61	88.59
Preferred Dividends & Other Adjustments	0.66	0.33	0.24	0.15	0.13	0.13
Net Income to Common	118.88	118.49	141.81	71.12	93.47	88.46
Net Income Growth	-5.67%	-16.36%	99.30%	-23.86%	5.66%	10.24%
Basic Shares Outstanding	38	38	38	32	31	31
Diluted Shares Outstanding	38	38	38	33	31	31
Shares Change (YoY)	0.39%	0.81%	16.62%	5.19%	-0.03%	-1.44%
EPS (Basic)	3.11	3.10	3.74	2.20	3.04	2.87
EPS (Diluted)	3.09	3.08	3.72	2.18	3.01	2.85
EPS Growth	-6.63%	-17.20%	70.64%	-27.57%	5.61%	11.77%
Dividend Per Share	1.180	1.140	1.060	0.960	0.890	0.810
Dividend Growth	7.27%	7.55%	10.42%	7.87%	9.88%	3.85%
Effective Tax Rate	18.12%	18.20%	19.11%	17.30%	18.58%	19.02%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.