National Bank Holdings Corporation (NBHC)

NYSE: NBHC · Real-Time Price · USD

36.91

-0.32 (-0.86%)

Nov 6, 2026, 4:00 PM EST - Market closed

National Bank Holdings Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	427.68	398.27	399.74	417.57	297.42	306.8
Revenue Growth	5.37%	-0.37%	-4.27%	40.40%	-3.06%	-2.78%
Net Income	53.68	108.69	118.49	141.81	71.12	93.47
Earnings Per Share	1.23	2.85	3.08	3.72	2.18	3.01
EPS Growth	-61.02%	-7.47%	-17.20%	70.64%	-27.57%	5.61%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	364.8	446.49	167.87	228.52	240.73	856.38
Total Debt	349.36	110.53	161.39	457.93	508.47	103.56
Net Cash (Debt)	15.44	335.96	6.48	-229.41	-267.74	752.82
Net Cash Growth	-96.89%	5085.35%	-	-	-	44.26%
Net Cash Per Share	0.35	8.82	0.17	-6.02	-8.19	24.23

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-	162.42	155.27	166.94	214.63	179.5
Capital Expenditures	-	-29.92	-34.59	-36.83	-12.43	-
Free Cash Flow	-	132.5	120.68	130.1	202.2	179.5
Free Cash Flow Growth	-	9.79%	-7.24%	-35.66%	12.65%	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Profit Margin	12.55%	27.29%	29.64%	33.96%	23.91%	30.47%
FCF Margin	-	33.27%	30.19%	31.16%	67.99%	58.51%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 7, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.280	1.230	1.140	1.060	0.960	0.890
Dividend Per Share Growth	7.50%	7.90%	7.55%	10.42%	7.87%	9.88%
Dividend Yield	3.47%	3.23%	2.65%	2.87%	2.28%	2.00%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 7, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	29.72	13.23	13.82	9.84	22.24	14.24
Forward PE	9.53	10.92	13.43	11.30	10.78	17.63
P/FCF Ratio	11.22	10.85	13.56	10.72	7.82	7.42
PS Ratio	3.81	3.61	4.10	3.34	5.32	4.34