NBHC · National Bank Holdings Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.36M | - | $11.28M | $11.12M | $10.82M | - | $12.11M | $11.69M | $11.01M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $25.94M | - | $43.15M | $41.54M | $29.85M | - | $39.88M | $31.75M | $38.89M | - |
| Interest Expense | - | - | - | - | - | - | - | - | $47.70M | - |
| Income Tax | $5.15M | - | $7.86M | $7.52M | $5.62M | - | $6.78M | $5.62M | $7.50M | - |
| Net Income | $20.79M | - | $35.28M | $34.02M | $24.23M | - | $33.10M | $26.14M | $31.39M | - |
| EPS - Basic | $0.46 | - | $0.92 | $0.89 | $0.63 | - | $0.86 | $0.68 | $0.82 | - |
| EPS - Diluted | $0.46 | - | $0.92 | $0.88 | $0.63 | - | $0.86 | $0.68 | $0.82 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $472.79M | $417.06M | $555.56M | $296.48M | $246.30M | $127.85M | $180.80M | $144.99M | $292.93M | $190.83M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $12.61B | $9.88B | $10.15B | $10.00B | $10.10B | $9.81B | $9.99B | $9.97B | $9.97B | $9.95B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $202.14M | $54.54M | $54.74M | $54.38M | $54.59M | $54.51M | $54.43M | $54.36M | $54.28M | $54.20M |
| Total Liabilities | $10.95B | $8.50B | $8.78B | $8.65B | $8.77B | $8.50B | $8.70B | $8.72B | $8.74B | $8.74B |
| Stockholders' Equity | $1.66B | $1.39B | $1.37B | $1.35B | $1.33B | $1.31B | $1.29B | $1.25B | $1.23B | $1.21B |
| Retained Earnings | $578.52M | $572.46M | $568.28M | $544.43M | $521.94M | $508.86M | $491.85M | $469.63M | $454.21M | $433.13M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($56.83M) | - | - | - | $39.63M | - | - | - | $29.96M | - |
| Investing Cash Flow | $46.55M | - | - | - | ($127.48M) | - | - | - | $93.62M | - |
| Financing Cash Flow | $66.02M | - | - | - | $206.31M | - | - | - | ($22.97M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 228.4% | - | 382.6% | 373.7% | 275.8% | - | 329.3% | 271.7% | 353.3% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 183.1% | - | 312.9% | 306.1% | 223.9% | - | 273.3% | 223.6% | 285.2% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 19.9% | - | 18.2% | 18.1% | 18.8% | - | 17.0% | 17.7% | 19.3% | - |
| Return on assets | 0.2% | - | 0.3% | 0.3% | 0.2% | - | 0.3% | 0.3% | 0.3% | - |
| Return on equity | 1.2% | - | 2.6% | 2.5% | 1.8% | - | 2.6% | 2.1% | 2.5% | - |
| Return on invested capital | 1.1% | - | 2.5% | 2.4% | 1.8% | - | 2.5% | 2.0% | 2.4% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.12 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Debt / Assets | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | 0.8x | - |
| Equity multiplier | 7.58 | 7.14 | 7.38 | 7.39 | 7.60 | 7.52 | 7.73 | 7.99 | 8.09 | 8.20 |
| Liabilities / Assets | 0.87 | 0.86 | 0.86 | 0.86 | 0.87 | 0.87 | 0.87 | 0.87 | 0.88 | 0.88 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | - | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 85.1x | - | 42.0x | 42.7x | 60.7x | - | 49.0x | 57.4x | 44.0x | - |
| P / B | 1.0x | - | 1.1x | 1.1x | 1.1x | - | 1.3x | 1.2x | 1.1x | - |
| P / S | 153.8x | - | 130.3x | 129.1x | 135.2x | - | 133.8x | 128.2x | 125.1x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.9% | - | -6.9% | -4.9% | -1.7% | - | -6.7% | -12.9% | 28.4% | - |
| Revenue CAGR (3y) | 9.8% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | -14.4% | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -13.1% | - | 8.2% | 30.8% | -23.2% | - | -12.2% | -22.4% | -22.8% | - |
| Net income growth (YoY) | -14.2% | - | 6.6% | 30.2% | -22.8% | - | -8.3% | -19.7% | -22.1% | - |
| EPS growth (YoY) | -27.0% | - | 7.0% | 29.4% | -23.2% | - | -8.5% | -20.0% | -22.6% | - |
| EPS CAGR (3y) | -24.3% | - | 22.5% | 9.5% | - | - | 10.4% | -4.1% | 11.0% | - |
| EPS CAGR (5y) | -5.2% | - | 0.4% | 9.1% | 4.7% | - | 4.5% | 1.2% | 6.4% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 25.2% | 6.1% | 6.4% | 8.4% | 7.9% | 7.6% | 11.0% | 8.7% | 8.7% | 11.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$63.84M totalBank Servicing Charges And Other Fees$23.61M · 37.0%
Credit And Debit Card$17.82M · 27.9%
Bank Servicing$16.69M · 26.1%
Other Non Interest Income$5.72M · 9.0%
Peer comparison
Same SIC group: National Commercial Banks
Comparing National Bank Holdings Corp against the 5 most active filers in the same SIC group.
Dividends
$1.25/share trailing 12 months · +7.8% YoY
| Ex-date | Per share |
|---|---|
| May 29, 2026 | $0.3200 |
| Feb 27, 2026 | $0.3200 |
| Nov 28, 2025 | $0.3100 |
| Aug 29, 2025 | $0.3000 |
| May 30, 2025 | $0.3000 |
| Feb 28, 2025 | $0.2900 |
| Nov 29, 2024 | $0.2900 |
| Aug 30, 2024 | $0.2800 |
| May 31, 2024 | $0.2800 |
| Feb 22, 2024 | $0.2700 |
| Nov 22, 2023 | $0.2700 |
| Aug 24, 2023 | $0.2600 |
| May 25, 2023 | $0.2600 |
| Feb 23, 2023 | $0.2500 |
| Nov 23, 2022 | $0.2500 |
| Aug 25, 2022 | $0.2300 |
| May 26, 2022 | $0.2300 |
| Feb 24, 2022 | $0.2300 |
| Nov 24, 2021 | $0.2200 |
| Aug 26, 2021 | $0.2200 |
| May 27, 2021 | $0.2200 |
| Feb 25, 2021 | $0.2100 |
| Nov 25, 2020 | $0.2000 |
| Aug 27, 2020 | $0.2000 |