National Bank Holdings Corporation (NBHC)

National Bank Holdings Income Statement

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

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

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q