National Bank Holdings Corporation (NBHC)

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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	501.74	505.27	461.38	255.67	181.82	200.03
Interest Income on Investments	34.76	33	34.04	29.02	19.15	17.98
Total Interest Income	536.5	538.27	495.42	284.69	200.97	218
Interest Paid on Deposits	183.46	186.19	109.38	14.6	13.6	23.63
Interest Paid on Borrowings	4.99	6.69	24.09	3.26	0.22	1.43
Total Interest Expense	188.45	192.88	133.46	17.85	13.82	25.06
Net Interest Income	348.05	345.39	361.95	266.84	187.14	192.95
Net Interest Income Growth (YoY)	-0.87%	-4.58%	35.65%	42.58%	-3.01%	-6.26%
Mortgage Banking Activities	11.76	11.1	13.71	23.77	63.36	102.38
Gain (Loss) on Sale of Assets	-0.03	0.6	0.1	-	-	-
Gain (Loss) on Sale of Investments	-1.58	-1.58	4.04	-	-	-
Other Non-Interest Income	48.84	50.99	46.15	43.54	47	37.49
Total Non-Interest Income	58.79	61.11	63.99	67.31	110.36	140.26
Non-Interest Income Growth (YoY)	-12.28%	-4.51%	-4.93%	-39.01%	-21.31%	69.23%
Revenues Before Loan Losses	406.84	406.5	425.94	334.15	297.51	333.2
Provision for Loan Losses	16.96	6.76	8.3	36.73	-9.29	17.63
Revenue	389.88	399.74	417.65	297.42	306.8	315.57
Revenue Growth (YoY)	-5.07%	-4.29%	40.42%	-3.06%	-2.78%	13.90%
Salaries and Employee Benefits	135.91	138.2	130.48	118.91	121.96	135.87
Occupancy Expenses	34.65	33.75	31.45	31.5	25.28	27.47
Federal Deposit Insurance	5.37	5.39	7.01	2.12	1.85	1.17
Amortization of Goodwill & Intangibles	7.91	7.94	7.39	2.34	1.18	1.18
Selling, General & Administrative	43	42.78	40.9	36.96	22.78	20.09
Other Non-Interest Expense	25.96	25.56	24.75	19.41	18.77	18.08
Total Non-Interest Expense	252.8	253.62	241.97	211.23	191.83	203.83
EBT Excluding Unusual Items	137.08	146.12	175.68	86.18	114.97	111.75
Asset Writedown	-0.88	-0.88	-0.08	-	-	-
Pretax Income	136.21	145.25	175.6	86.18	114.97	109.4
Income Tax Expense	24.55	26.43	33.55	14.91	21.37	20.81
Net Income	111.66	118.82	142.05	71.27	93.61	88.59
Preferred Dividends & Other Adjustments	0.45	0.33	0.24	0.15	0.13	0.13
Net Income to Common	111.21	118.49	141.81	71.12	93.47	88.46
Net Income Growth	-16.15%	-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)	0.76%	0.81%	16.62%	5.19%	-0.03%	-1.44%
EPS (Basic)	2.91	3.10	3.74	2.20	3.04	2.87
EPS (Diluted)	2.89	3.08	3.72	2.18	3.01	2.85
EPS Growth	-16.93%	-17.20%	70.64%	-27.57%	5.61%	11.77%
Dividend Per Share	1.160	1.140	1.060	0.960	0.890	0.810
Dividend Growth	7.41%	7.55%	10.42%	7.87%	9.88%	3.85%
Effective Tax Rate	18.03%	18.20%	19.11%	17.30%	18.58%	19.02%

Updated Apr 22, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q