National Bank Holdings Corporation (NBHC)

National Bank Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	106.14	109.57	118.82	142.05	71.27	93.61
Depreciation & Amortization	30.73	28.1	24.19	23.85	16.45	13.59
Provision for Credit Losses	11.6	17.8	6.76	8.3	36.73	-9.29
Stock-Based Compensation	11.9	7.25	8.05	7.22	6.06	5.54
Net Change in Loans Held-for-Sale	-13	-1.2	-6.8	-0.92	122.67	116.48
Other Adjustments	-88.34	15.68	10.2	-3.89	-30.83	8.69
Changes in Other Operating Activities	4.25	-14.79	-2.45	-13.17	-10.28	-40.08
Operating Cash Flow	65.96	162.42	155.27	166.94	214.63	179.5
Operating Cash Flow Growth	-60.01%	4.60%	-6.99%	-22.22%	19.57%	-
Net Change in Loans Held-for-Investment	-11.33	303.33	-71.71	-477.11	-986.58	-166.66
Net Change in Securities and Investments	-16.08	162.33	177.2	-134.72	8.34	-225.81
Payments for Business Acquisitions	250.07	-	-	-45.3	234.26	-
Capital Expenditures	-29.92	-34.59	-36.83	-	-12.43	5.15
Sale of Property, Plant & Equipment	6.56	0.52	3.42	0.58	3.56	1.92
Investing Cash Flow	360.52	186.49	64.66	-604.03	-752.14	-473.84
Net Change in Deposits	-170.34	54.78	47.23	317.05	-465.82	552.72
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	-3.76	-1.55	-0.73	-0.59	-2.55	-0.13
Long-Term Debt Issued	60	-50	-290	-45	385	40
Net Long-Term Debt Issued (Repaid)	60	-50	-290	-45	385	40
Issuance of Common Stock	0.57	0.03	3.56	0.62	1.1	2.49
Repurchase of Common Stock	-34.2	-16.91	-1.52	-1.53	-1.48	-38.67
Net Common Stock Issued (Repurchased)	-33.63	-16.88	2.04	-0.92	-0.38	-36.18
Common Dividends Paid	-49.52	-46.06	-42.95	-39.64	-30.45	-26.89
Other Financing Activities	-2.75	-	-	-	-	-0.54
Financing Cash Flow	-199.99	-59.7	-284.41	230.9	-114.2	528.99
Net Cash Flow	226.49	289.21	-64.48	-6.19	-651.7	234.66
Free Cash Flow	36.05	127.83	118.44	166.94	202.2	184.65
Free Cash Flow Growth	-71.80%	7.93%	-29.05%	-17.44%	9.51%	-
FCF Margin	8.43%	32.10%	29.62%	39.98%	67.99%	60.18%
Free Cash Flow Per Share	0.91	3.36	3.08	4.38	6.19	5.94
Levered Free Cash Flow	171.2	38.29	-186.28	107.73	450.01	112.26
Unlevered Free Cash Flow	5.07	-21.28	-15.09	10.68	-6.27	-21.35

Updated May 7, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q