📊 NBHC Key Takeaways
Is National Bank Holdings Corp (NBHC) a Good Investment?
NBHC demonstrates strong financial stability with excellent cash generation ($160.5M FCF) and a fortress balance sheet (0.04x debt/equity), but faces headwinds from flat revenue growth and declining EPS (-7.5% YoY) that suggest operational challenges. The 7.9% ROE is weak for banking sector standards, indicating the company is not efficiently deploying capital despite solid profitability and liquidity.
NBHC demonstrates stable profitability for a bank with ROA around 1% and modest net income growth, supported by strong capital levels and minimal long‑term debt. However, revenue is flat and EPS declined, signaling limited per‑share growth and potential pressure from funding costs. Fundamentals look resilient but not clearly accelerating, warranting a neutral stance.
Why Buy National Bank Holdings Corp Stock? NBHC Key Strengths
- Exceptional free cash flow generation of $160.5M with minimal capex requirements
- Conservative capital structure with minimal leverage (Debt/Equity 0.04x) and $417.1M cash position
- Maintained profitability and slight net income growth (+0.8% YoY) despite flat revenue environment
- Solid operating margins (283.7%) reflecting stable core banking operations
- Solid ROA (~1.1%) with stable net income growth
- Strong capital and low structural leverage (D/E ~0.04x) with healthy cash
- Robust operating cash flow and low capex supporting FCF
NBHC Stock Risks: National Bank Holdings Corp Investment Risks
- Revenue stagnation at $47.1M with essentially flat YoY change indicates lack of growth momentum
- Diluted EPS declining 7.5% YoY despite positive net income growth suggests share dilution or margin compression
- Interest coverage ratio of 2.8x is below-average for banking sector, indicating limited debt service cushion
- ROE of 7.9% is weak relative to industry standards, suggesting inefficient capital deployment
- Moderate insider activity (16 Form 4 filings) provides limited conviction signal on management confidence
- EPS decline (-7.5% YoY) indicating dilution or margin pressure
- Funding cost and rate sensitivity potentially compressing NIM
- Credit normalization risk increasing charge‑offs and provisions
Key Metrics to Watch
- Net Interest Margin (NIM) trends to assess pricing power and loan growth
- Loan growth rates and credit quality metrics (non-performing loan ratios)
- ROE trajectory - target minimum 10-12% for banking sector competitiveness
- EPS growth acceleration to confirm stabilization after recent decline
- Net interest margin (NIM) and deposit costs
- Credit quality: NPL ratio, charge‑offs, and reserve coverage
National Bank Holdings Corp (NBHC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 340.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
NBHC Profit Margin, ROE & Profitability Analysis
NBHC vs Finance Sector: How National Bank Holdings Corp Compares
How National Bank Holdings Corp compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is National Bank Holdings Corp Stock Overvalued? NBHC Valuation Analysis 2026
Based on fundamental analysis, National Bank Holdings Corp appears fundamentally strong relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
National Bank Holdings Corp Balance Sheet: NBHC Debt, Cash & Liquidity
NBHC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: National Bank Holdings Corp's revenue has grown significantly by 25% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.72 reflects profitable operations.
NBHC Revenue Growth, EPS Growth & YoY Performance
NBHC Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $11.3M | $33.1M | $0.86 |
| Q2 2025 | $11.1M | $26.1M | $0.68 |
| Q1 2025 | $10.8M | $24.2M | $0.63 |
| Q3 2024 | $12.1M | $33.1M | $0.86 |
| Q2 2024 | $11.7M | $26.1M | $0.68 |
| Q1 2024 | $10.1M | $31.4M | $0.82 |
| Q3 2023 | $9.5M | $15.8M | $0.50 |
| Q2 2023 | $8.5M | $20.4M | $0.67 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
National Bank Holdings Corp Dividends, Buybacks & Capital Allocation
NBHC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for National Bank Holdings Corp (CIK: 0001475841)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Apr 3, 2026 | DEF 14A | nbhc-20260507xdef14a.htm | View → |
| Mar 19, 2026 | 4 | xslF345X06/form4-03192026_090309.xml | View → |
| Mar 19, 2026 | 4 | xslF345X06/form4-03192026_080348.xml | View → |
| Mar 19, 2026 | 4 | xslF345X06/form4-03192026_080322.xml | View → |
| Mar 19, 2026 | 4 | xslF345X06/form4-03192026_080316.xml | View → |
❓ Frequently Asked Questions about NBHC
What is the AI rating for NBHC?
National Bank Holdings Corp (NBHC) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 68% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are NBHC's key strengths?
Claude: Exceptional free cash flow generation of $160.5M with minimal capex requirements. Conservative capital structure with minimal leverage (Debt/Equity 0.04x) and $417.1M cash position. ChatGPT: Solid ROA (~1.1%) with stable net income growth. Strong capital and low structural leverage (D/E ~0.04x) with healthy cash.
What are the risks of investing in NBHC?
Claude: Revenue stagnation at $47.1M with essentially flat YoY change indicates lack of growth momentum. Diluted EPS declining 7.5% YoY despite positive net income growth suggests share dilution or margin compression. ChatGPT: EPS decline (-7.5% YoY) indicating dilution or margin pressure. Funding cost and rate sensitivity potentially compressing NIM.
What is NBHC's revenue and growth?
National Bank Holdings Corp reported revenue of $47.1M.
Does NBHC pay dividends?
National Bank Holdings Corp pays dividends, with $46.1M distributed to shareholders in the trailing twelve months.
Where can I find NBHC SEC filings?
Official SEC filings for National Bank Holdings Corp (CIK: 0001475841) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is NBHC's EPS?
National Bank Holdings Corp has a diluted EPS of $2.85.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is NBHC a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, National Bank Holdings Corp has a HOLD rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is NBHC stock overvalued or undervalued?
Valuation metrics for NBHC: ROE of 7.9% (sector avg: 12%), net margin of 232.6% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
Should I buy NBHC stock in 2026?
Our dual AI analysis gives National Bank Holdings Corp a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is NBHC's free cash flow?
National Bank Holdings Corp's operating cash flow is $162.4M, with capital expenditures of $1.9M. FCF margin is 340.8%.
How does NBHC compare to other Finance stocks?
Vs Finance sector averages: Net margin 232.6% (avg: 25%), ROE 7.9% (avg: 12%), current ratio N/A (avg: 1.2).