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NBHC

National Bank Holdings Corporation

NBHC

NYSE·Financial Services·Banks - Regional·Mkt cap $1.9B

$41.58

+1.76%

P/E

16.90

Mkt Cap

$1.9B

52-Wk Range

$35.06–$47.28

52-Week Range

$35.06 - $47.28

P/E

16.90

Fwd P/E

12.60

Beta

0.77

Div Yield

3.05%

Avg Vol

383.5K

Shares Out

38.0M

Mkt Cap

$1.9B

Price action

Price chart

Up 6.5% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Diversified loan portfolio across agriculture, government, non-profit, and specialty sectors reducing concentration risk
  • Strong regional presence in high-growth markets (Colorado, Kansas City, New Mexico, Utah, Texas)
  • Comprehensive treasury management platform enabling customer stickiness and cross-selling opportunities
  • Specialized lending expertise in niche markets (food and agriculture, government lending) with less competition
  • Community banking model with personalized service differentiating from larger national competitors

Bear Case

1 risk

  • Low volatility (beta 0.8).

Growth

Revenue decline expected

Expansion in high-growth regional markets, particularly Texas and the Mountain West

Value

Valued in line with Commercial Banking peers (1.1x).

Momentum

Stable

+1.5% over 3m

Quality

Excellent

Emerging growth company (55% revenue growth). Early stage with higher risk.

Dividend

Solid

3.05% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 20, 2026

Q3 26 RECAP

JUL 21, 2026

Reported EPS of $0.78 vs $0.81 consensus (-3.7% surprise). Revenue of $129.1M vs $135.1M expected (-4.5%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-3.7%

Revenue trend · last 8Q

-33%

+1%

+7%

+3%

-64%

+75%

+10%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$104.9M

$100.0M

$101.0M

$103.2M

$151.9M

$140.8M

$177.1M

$162.0M

Margins · last 8Q

Gross

0.0%

Operating

0.0%

Profit

16.4%

Wall Street consensus

3 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Stephens · Jul 23, 2026

vs Industry

How NBHC stacks vs Banks - Regional

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.