Inside the research
National Bank Holdings Corporation
NBHC Research profile · latest available data
Price overview
$40.17
▲ +0.16 (+0.4%)
| 52w hi | $46.71 |
|---|---|
| 52w lo | $34.48 |
| Vol | 910.20K |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.28
| Short | +0.64 |
|---|---|
| Medium | +0.09 |
| Long | -0.07 |
computed 2026-09-27
Key fundamentals
National Bank Holdings Corporation
Financial Services · Banks - Regional
| Market cap | $1.79B |
|---|---|
| Enterprise value | $1.73B |
| Trailing P/E | 16.88x |
| Forward P/E | 10.17x |
| P / S (ttm) | 3.96x |
| Profit margin | 21.8% |
| Return on equity | 6.5% |
| Revenue growth | +22.1% |
| Earnings growth | -34.1% |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.20 | |
| Sector | +0.02 | |
| Technical | -0.13 | |
| Earnings | +0.00 | |
| Sentiment | +0.90 |
macro × 1.00 · 2026-09-27
Business overview
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, health savings, 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 hospitality, office buildings, warehouse/distribution buildings, multi-family, and retail buildings; small business administration loans to support small businesses and entrepreneurs; 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 positive pay and other auxiliary services, including account reconciliation, collections, repurchase accounts, zero balance accounts, and sweep accounts. The company operates through a network of banking centers located in Colorado, the greater Kansas City region, Texas, Utah, Wyoming, New Mexico and Idaho. It also operates ATMs. The company was formerly known as NBH Holdings Corp. and changed its name to National Bank Holdings Corporation in March 2012. The company was incorporated in 2009 and is headquartered in Greenwood Village, Colorado.
Risk Metrics
| Beta vs SPX | 0.78 |
|---|---|
| Corr SPX | 0.44 |
| Annual vol | 28.2% |
| Annual ret | +1.4% |
| Sharpe | 0.05 |
| Max DD | -33.8% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-04 | Other Material Event, Exhibits | read |
| 2026-07-27 | Reg FD Disclosure, Exhibits | read |
| 2026-07-21 | Earnings Release, Reg FD Disclosure… | read |
| 2026-05-12 | Officer / Director Change, Shareholder Vote… | read |
| 2026-05-07 | Other Material Event, Exhibits | read |
| 2026-05-04 | Reg FD Disclosure, Exhibits | read |
| 2026-04-21 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-19 | Officer / Director Change, Exhibits | read |
| 2026-02-11 | Material Agreement, Material Obligation… | read |
| 2026-02-10 | Reg FD Disclosure, Exhibits | read |
| 2026-02-05 | Other Material Event, Exhibits | read |
| 2026-02-04 | Reg FD Disclosure, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-11 | LANEY G. TIMOTHY | Director, Officer, CHIEF | Option exercise | 26.68K | $908.29K |
| 2026-08-11 | LANEY G. TIMOTHY | Director, Officer, CHIEF | Option exercise | 37.04K | $1.21M |
| 2026-08-11 | LANEY G. TIMOTHY | Director, Officer, CHIEF | Withheld for tax | 23.50K | $1.02M |
| 2026-08-11 | LANEY G. TIMOTHY | Director, Officer, CHIEF | Withheld for tax | 31.96K | $1.38M |
| 2026-06-15 | Steinmetz John | Officer, Exec Mng Dir of | Withheld for tax | 3.13K | $134.21K |
| 2026-05-20 | Spring Maria F | Director | Sell | 963 | $40.29K |
| 2026-05-07 | ZEILE ART | Director | Grant | 3.15K | — |
| 2026-05-07 | McLaughlin Kirk | Director | Grant | 3.15K | — |
| 2026-05-07 | Joseph Fred J. | Director | Grant | 3.15K | — |
| 2026-05-07 | Gupta Alka | Director | Grant | 3.15K | — |
Flow & Concentration
| Insider 180d net | -$40.29K |
|---|---|
| Insider buys / sells | 0 / 1 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
SEC Filings
The Long Run
FY 2012–2025 · 14 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $46.17M | +12.6% | |
| Net income | $109.57M | +8.3% | |
| Cash from ops | $155.27M | +17.8% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $40.20 | $40.50 | $39.95 | $40.17 | 910.20K |
| Sep 24 | $40.08 | $40.20 | $39.72 | $40.01 | 334.20K |
| Sep 23 | $40.06 | $40.37 | $39.86 | $39.86 | 283.30K |
| Sep 22 | $40.60 | $40.86 | $40.07 | $40.14 | 574.90K |
| Sep 21 | $41.00 | $41.14 | $40.02 | $40.23 | 580.70K |
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