NBHC
National Bank Holdings Corporation NYSE Listed Sep 20, 2012$42.82
+1.90%
vs $42.02
Mkt Cap $1.6B
52w Low $35.59
88.7% of range
52w High $43.74
50d MA $42.17
200d MA $39.73
P/E (TTM)
15.0x
EV/EBITDA
4.5x
P/B
1.2x
Debt/Equity
0.1x
ROE
7.9%
P/FCF
12.3x
RSI (14)
56.30
ATR (14)
$1.03
Beta
0.77
50d MA
$42.17
200d MA
$39.73
Avg Volume
335.2K
National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States. It offers deposit products, including checking, savings, money market, and other deposit accounts, including fixed-rate and fixed maturity time deposits. The company also provides commercial and industrial loans and leases, such as working capital loans, equipment loans, lender finance loans, food and agriculture loans, government and non-profit loans, owner occupied commercial real estate loans, and other commercial loans and leases; non-owner occupied commercial real estate loans consisting of loans on commercial properties, such as office buildings, warehouse/distribution buildings, multi-family, hospitality, and retail buildings; small business administration loans to support manufacturers, distributors, and service providers; term loans, line of credits, and real estate secured loans; residential real estate loans; and consumer loans. In addition, it offers treasury management solutions comprising online and mobile banking, commercial credit card, wire transfer, automated clearing house, electronic bill payment, lock box, remote deposit capture, merchant processing, cash vault, controlled disbursements, and fraud prevention services, as well as other auxiliary services, including account reconciliation, collections, repurchase accounts, zero balance accounts, and sweep accounts. As of January 20, 2022, the company operated through a network of 81 banking centers located in Colorado, the greater Kansas City region, New Mexico, Utah, and Texas. It also operates 121 ATMs. The company was formerly known as NBH Holdings Corp. and changed its name to National Bank Holdings Corporation in March 2012. National Bank Holdings Corporation was incorporated in 2009 and is headquartered in Greenwood Village, Colorado.
7800 East Orchard Road · Greenwood Village, CO 80111 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 21, 2026 | AMC | 0.59 | 0.72 | +22.0% | 42.16 | -1.4% | -1.5% | +3.3% | -0.8% | +1.5% | +0.1% | — |
| Jan 27, 2026 | AMC | 0.87 | 0.60 | -31.0% | 40.06 | -3.1% | -0.5% | +0.3% | +0.5% | +1.1% | +1.8% | — |
| Oct 21, 2025 | AMC | 0.90 | 0.96 | +6.7% | 37.01 | +2.2% | +2.3% | -3.0% | +2.1% | -0.8% | -0.5% | — |
| Jul 22, 2025 | AMC | 0.82 | 0.88 | +7.3% | 39.21 | +2.4% | +2.8% | -2.0% | -0.5% | -0.5% | -1.4% | — |
| Apr 22, 2025 | AMC | 0.76 | 0.63 | -17.1% | 36.62 | -7.8% | -6.2% | +3.1% | -0.2% | +1.5% | +1.6% | — |
| Jan 22, 2025 | AMC | 0.79 | 0.86 | +8.9% | 43.56 | -1.5% | -3.0% | +0.5% | +0.4% | +0.6% | -0.6% | — |
| Oct 22, 2024 | AMC | 0.75 | 0.86 | +14.7% | 41.87 | +5.0% | +7.6% | +1.2% | -2.6% | +2.5% | +0.3% | — |
| Jul 23, 2024 | AMC | 0.74 | 0.68 | -8.1% | 45.60 | -5.6% | -5.1% | -0.7% | +0.8% | -1.7% | -0.8% | — |
| Apr 24, 2024 | AMC | 0.76 | 0.82 | +7.9% | 34.40 | +1.7% | -2.2% | -0.4% | -0.4% | -1.9% | +2.1% | — |
| Jan 23, 2024 | AMC | 0.82 | 0.87 | +6.1% | 35.59 | +1.7% | +3.6% | -2.9% | +0.5% | +1.7% | -0.5% | — |
| Oct 24, 2023 | AMC | 0.86 | 0.94 | +9.3% | 28.52 | +4.7% | +4.7% | +3.1% | -0.5% | -0.1% | +1.8% | — |
| Jul 19, 2023 | AMC | 0.92 | 0.85 | -7.6% | 34.87 | -2.7% | -5.1% | +1.7% | +1.7% | -1.5% | +3.0% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 27 | Piper Sandler | Maintains | Overweight → Overweight | — | $42.58 | $42.71 | +0.3% | +1.5% | +0.1% | -2.4% | +1.1% | +0.9% |
| Apr 22 | DA Davidson | Maintains | Buy → Buy | — | $42.16 | $41.59 | -1.4% | -1.5% | +3.3% | -0.8% | +1.5% | +0.1% |
| Apr 6 | DA Davidson | Maintains | Buy → Buy | — | $39.58 | $39.50 | -0.2% | +1.4% | +0.0% | +2.2% | +2.4% | -0.7% |
| Feb 19 | DA Davidson | Maintains | Buy → Buy | — | $41.55 | $41.54 | -0.0% | +0.7% | +1.6% | -5.6% | +0.1% | +2.0% |
| Jan 29 | DA Davidson | Maintains | Buy → Buy | — | $39.86 | $39.98 | +0.3% | +0.3% | +0.5% | +1.1% | +1.8% | +1.3% |
| Jan 28 | DA Davidson | Maintains | Buy → Buy | — | $40.06 | $38.82 | -3.1% | -0.5% | +0.3% | +0.5% | +1.1% | +1.8% |
| Sep 17 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $37.67 | $38.08 | +1.1% | +3.2% | +7.0% | -3.9% | -1.2% | -1.1% |
| Jul 24 | DA Davidson | Maintains | Buy → Buy | — | $40.30 | $40.43 | +0.3% | -2.0% | -0.5% | -0.5% | -1.4% | -2.3% |
| Apr 23 | DA Davidson | Maintains | Buy → Buy | — | $36.62 | $33.75 | -7.8% | -6.2% | +3.1% | -0.2% | +1.5% | +1.6% |
| Apr 2 | Hovde Group | Maintains | Market Perform → Market Perform | — | $38.44 | $37.93 | -1.3% | +1.0% | -8.8% | -3.3% | +0.2% | -1.1% |
| Dec 4 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $47.11 | $47.28 | +0.4% | -0.2% | +1.5% | -0.8% | -1.4% | +0.2% |
| Nov 18 | Hovde Group | Downgrade | Outperform → Market Perform | — | $48.58 | $48.02 | -1.2% | -1.6% | -1.2% | -0.5% | +2.1% | +1.8% |
| Oct 24 | Stephens & Co. | Maintains | Equal Weight → Equal Weight | — | $45.05 | $45.50 | +1.0% | +1.2% | -2.6% | +2.5% | +0.3% | +0.6% |
| Oct 24 | Piper Sandler | Maintains | Neutral → Neutral | — | $45.05 | $45.50 | +1.0% | +1.2% | -2.6% | +2.5% | +0.3% | +0.6% |
| Oct 24 | DA Davidson | Maintains | Buy → Buy | — | $45.05 | $45.50 | +1.0% | +1.2% | -2.6% | +2.5% | +0.3% | +0.6% |
| Jul 29 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $43.33 | $43.43 | +0.2% | -1.7% | -0.8% | -0.9% | -4.7% | -0.8% |
| Jul 25 | Piper Sandler | Downgrade | Overweight → Neutral | — | $43.28 | $42.22 | -2.4% | -0.7% | +0.8% | -1.7% | -0.8% | -0.9% |
| Jul 25 | Stephens & Co. | Maintains | Equal Weight → Equal Weight | — | $43.28 | $42.22 | -2.4% | -0.7% | +0.8% | -1.7% | -0.8% | -0.9% |
| Jul 2 | DA Davidson | Maintains | Buy → Buy | — | $39.40 | $39.38 | -0.1% | -0.1% | -2.2% | -0.9% | +0.3% | +1.4% |
| Apr 26 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $33.65 | $33.32 | -1.0% | -0.4% | -0.4% | -1.9% | +2.1% | +2.9% |
| Jan 25 | Piper Sandler | Maintains | Overweight → Overweight | — | $36.88 | $37.21 | +0.9% | -2.9% | +0.5% | +1.7% | -0.5% | -3.9% |
| Oct 26 | Stephens & Co. | Maintains | Equal Weight → Equal Weight | — | $29.87 | $30.03 | +0.5% | +3.1% | -0.5% | -0.1% | +1.8% | -1.5% |
| Jul 21 | Stephens & Co. | Maintains | Equal Weight → Equal Weight | — | $33.10 | $33.93 | +2.5% | +1.7% | +1.7% | -1.5% | +3.0% | -2.0% |
| Apr 6 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $31.97 | $31.77 | -0.6% | +2.6% | -0.2% | +1.0% | -2.7% | +1.9% |
| Oct 31 | Stephens & Co. | Maintains | Equal Weight → Equal Weight | — | $41.94 | $42.11 | +0.4% | +4.5% | +0.3% | +0.3% | +1.0% | +4.6% |
| Apr 20 | Stephens & Co. | Maintains | Equal Weight → Equal Weight | — | $39.74 | $40.29 | +1.4% | +1.0% | -2.1% | -1.6% | -2.1% | -3.5% |
| Apr 19 | Stephens& Co. | Maintains | Equal Weight → Equal Weight | — | $38.86 | $38.69 | -0.4% | +2.3% | +1.0% | -2.1% | -1.6% | -2.1% |
| Apr 5 | Stephens & Co. | Maintains | Equal Weight → Equal Weight | — | $40.66 | $40.86 | +0.5% | -1.2% | -2.0% | -1.0% | -1.1% | +0.3% |
| Sep 20 | Piper Sandler | Upgrade | Neutral → Overweight | — | $35.98 | $35.70 | -0.8% | +0.6% | +0.6% | +1.7% | +2.9% | +1.1% |
| Jun 30 | DA Davidson | Upgrade | Neutral → Buy | — | $36.34 | $37.42 | +3.0% | +3.9% | -0.1% | -1.6% | -1.3% | -1.9% |
| Nov 20 | DA Davidson | Downgrade | Buy → Neutral | — | $33.50 | $32.06 | -4.3% | -2.3% | -0.8% | +3.2% | -1.6% | -0.8% |
| Oct 1 | Piper Sandler | Maintains | Neutral → Neutral | — | $26.25 | $26.08 | -0.6% | +0.4% | +2.0% | +4.1% | +3.1% | +0.2% |
| Jul 23 | Piper Sandler | Maintains | Neutral → Neutral | — | $27.83 | $28.07 | +0.9% | +1.4% | -0.5% | -1.7% | +0.3% | +2.5% |
| Apr 23 | Stephens & Co. | Downgrade | Overweight → Equal Weight | — | $24.36 | $23.29 | -4.4% | -5.9% | +3.0% | +8.9% | +3.0% | +5.7% |
| Jan 2 | Stephens & Co. | Upgrade | Equal Weight → Overweight | — | $35.22 | $36.10 | +2.5% | +2.8% | -0.6% | +0.8% | -1.2% | +0.9% |
| Oct 24 | Sandler O'Neill | Downgrade | Buy → Hold | — | $34.95 | $34.21 | -2.1% | -3.7% | +2.0% | +1.2% | +0.6% | -0.4% |
| Oct 24 | Piper Sandler | Downgrade | Buy → Hold | — | $34.95 | $34.21 | -2.1% | -3.7% | +2.0% | +1.2% | +0.6% | -0.4% |
| Jul 27 | Piper Sandler | Maintains | Neutral → Neutral | — | $40.16 | $40.16 | +0.0% | -0.3% | -0.6% | -0.5% | +1.7% | +1.3% |
| Mar 27 | DA Davidson | Upgrade | Neutral → Buy | — | $32.52 | $33.30 | +2.4% | +0.9% | +1.1% | +0.2% | -2.0% | +1.2% |
| Oct 20 | Keefe, Bruyette & Woods | Downgrade | Outperform → Market Perform | — | $34.44 | $34.00 | -1.3% | -4.2% | -0.5% | +0.4% | +0.2% | +0.7% |
| Oct 20 | Keefe Bruyette & Woods | Downgrade | Outperform → Market Perform | — | $34.44 | $34.00 | -1.3% | -4.2% | -0.5% | +0.4% | +0.2% | +0.7% |
| Aug 12 | Stephens & Co. | Upgrade | Equal Weight → Overweight | — | $21.65 | $21.76 | +0.5% | +1.1% | +2.2% | +0.2% | +0.4% | +1.2% |
| Oct 26 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $22.74 | $22.83 | +0.4% | -0.4% | -3.4% | +4.9% | -1.6% | -2.3% |
| Oct 26 | Keefe Bruyette & Woods | Maintains | Outperform → Outperform | — | $22.74 | $22.83 | +0.4% | -0.4% | -3.4% | +4.9% | -1.6% | -2.3% |
| Jan 30 | DA Davidson | Downgrade | Buy → Neutral | — | $18.09 | $17.92 | -0.9% | +2.0% | -3.0% | -0.8% | +1.0% | +2.0% |
| Sep 17 | Goldman Sachs | Downgrade | Buy → Sell | — | $20.94 | $20.52 | -2.0% | -0.9% | +0.7% | +0.0% | -0.3% | +0.8% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| May 20, 2026 | Spring Maria F | — | Sell | 963 | $41.84 | $40K | 37,157 | +0.26% | -0.26% |
8-K · 5.02
!!! Very High
National Bank Holdings Corporation -- 8-K 5.02: Executive Change
May 12
8-K · 7.01
! Medium
NATIONAL BANK HOLDINGS CORP. -- 8-K 7.01: Regulation FD Disclosure
National Bank Holdings released Q1 2026 financial results showing net income of $31.5 million, up 15% year-over-year, with net interest margin expanding to 3.42%.
Apr 21
8-K · 5.02
!!! Very High
NATIONAL BANK HOLDINGS CORP. -- 8-K 5.02: Executive Change
Chris Randall's resignation from National Bank Holdings Corp.'s board effective February 13, 2026, represents a director transition that investors should monitor for potential strategic implications.
Feb 19
8-K · 1.01
! Medium
NATIONAL BANK HOLDINGS CORP. -- 8-K 1.01: Underwriting / Securities
National Bank Holdings Corporation agreed with Piper Sandler Companies to underwrite a $147.3 million securities offering, expanding the bank's capital resources.
Feb 11
8-K · 7.01
! Medium
NATIONAL BANK HOLDINGS CORP. -- 8-K 7.01: Regulation FD Disclosure
National Bank Holdings Corporation updated its investor presentation, suggesting management plans to engage with investors and analysts regarding recent developments or strategic initiatives.
Feb 10
8-K · 8.01
!! High
NATIONAL BANK HOLDINGS CORP. -- 8-K 8.01: Material Event / Announcement
National Bank Holdings Corporation completed its acquisition of Vista Bancshares, Inc. on January 7, 2026, expanding its banking operations through the previously announced merger.
Feb 5
8-K · 7.01
! Medium
NATIONAL BANK HOLDINGS CORP. -- 8-K 7.01: Regulation FD Disclosure
National Bank Holdings (NBHC) disclosed an investor presentation through an 8-K filing, providing shareholders with management commentary on company performance and strategy without making any securities offering.
Feb 4
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Portfolio Management Llc | 2,589,592 | $101M | New | Mar 2026 |
| 2 | William Blair Investment Management, Llc | 2,474,861 | $97M | New | Mar 2026 |
| 3 | Vanguard Capital Management Llc | 1,846,848 | $72M | New | Mar 2026 |
| 4 | Westwood Holdings Group Inc | 1,489,391 | $57M | Added | Dec 2025 |
| 5 | Deprince Race & Zollo Inc | 1,062,271 | $42M | Reduced | Mar 2026 |
| 6 | Segall Bryant & Hamill, Llc | 885,370 | $35M | New | Mar 2026 |
| 7 | Renaissance Technologies Llc | 794,100 | $31M | Reduced | Mar 2026 |
| 8 | Morgan Stanley | 797,032 | $30M | Added | Dec 2025 |
| 9 | Nuveen, Llc | 639,220 | $25M | Added | Mar 2026 |
| 10 | Endeavour Capital Advisors Inc | 575,676 | $23M | Added | Mar 2026 |
| 11 | Two Sigma Investments, Lp | 572,733 | $22M | Added | Mar 2026 |
| 12 | Ubs Group Ag | 572,276 | $22M | Added | Mar 2026 |
| 13 | Principal Financial Group Inc | 585,052 | $22M | Reduced | Dec 2025 |
| 14 | Leeward Investments, Llc - Ma | 519,920 | $20M | Reduced | Mar 2026 |
| 15 | Aqr Capital Management Llc | 502,138 | $20M | Added | Mar 2026 |
| 16 | Bnp Paribas Financial Markets | 469,694 | $18M | Added | Mar 2026 |
| 17 | Russell Investments Group, Ltd. | 451,750 | $18M | Added | Mar 2026 |
| 18 | Northern Trust Corp | 427,393 | $17M | Added | Mar 2026 |
| 19 | Bank Of New York Mellon Corp | 343,744 | $13M | Added | Mar 2026 |
| 20 | Sei Investments Co | 337,005 | $13M | Added | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$1.63B
Enterprise Value
$743.8M
P/E (TTM)
15.02x
Forward P/E
12.34x
PEG Ratio
-1.71x
P/B
1.18x
P/S
2.80x
P/FCF
12.34x
EV/EBITDA
4.52x
Shares Out
38.2M
Financials (TTM)
Revenue
$583.9M
Net Income
$109.6M
EBITDA
$164.5M
Free Cash Flow
$132.5M
Op Cash Flow
$162.4M
EPS Basic
$2.86
EPS Diluted
$2.85
EPS Forward
$3.47
Gross Margin
69.2%
Op Margin
24.4%
Net Margin
18.8%
Balance Sheet
Total Assets
$9.88B
Total Liab.
$8.50B
Total Equity
$1.39B
Cash
$945.7M
LT Debt
$54.5M
Book Value/Sh
$36.28
Debt/Equity
0.05x
Current Ratio
0.27
Quick Ratio
0.27
Returns & Growth
ROE
7.9%
ROA
1.1%
ROIC
-6.1%
Rev Growth YoY
-1.8%
EPS Growth YoY
-7.7%
Price Returns
2W
+1.5%
1M
-2.0%
3M
+4.6%
6M
+12.4%
12M
+15.7%
Technicals
52W High
$43.74
52W Low
$35.59
50d MA
$42.17
200d MA
$39.73
RSI (14)
56.30
ATR (14)
$1.03
Beta
0.77
Avg Volume
335K
Dividends
Div Rate
$1.21
Div Yield
2.8%
Frequency
4
Ex-Div Date
Feb 27, 2026
Analyst Price Targets
Consensus
$47.00
High
$52.00
Low
$42.00
Median
$47.00
Data updated apr 26, 2026 2:19pm
· Source: financialmodelingprep.com