NBHC
National Bank Holdings Corp
Next earnings Jul 20, 2026 · consensus $0.83 EPS, $138M rev
Last earnings +0.0% on 2026-04-21
$45.25
▲ +1.66%$45.25▲ +26.89%
over 1Y
L $34.75EODHDH $45.25
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+1.7%
1W+5.8%
1M+8.6%
3M+20.2%
YTD+21.3%
1Y+26.9%
Hold
Conviction
Horizon
Medium (3–12mo)
Street · 10 analysts
Buy
Strong net margin (232.4%).
Revenue (FY2025) $47.1M · FY2025
The read
Middling fundamentals and a rich price (~49% above fair value) leave little margin of safety — a wait-and-see.
National Bank Holdings Corp shows $47.1M in FY2025 revenue (+2.1% YoY), a 232.4% net margin, and 7.9% ROE.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $35.8M | $37.7M | $46.9M | $46.2M | $47.1M |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $93.6M | $71.3M | $142M | $119M | $110M |
| Diluted EPS | $3.01 | $2.18 | $3.72 | $3.08 | $2.85 |
| Net margin | 261.8% | 189.3% | 302.7% | 257.3% | 232.4% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF12.9
PEG (trailing)—
Earnings yield5.4%
FCF yield7.7%
Quality & risk
ROIC (est.)—
Free cash flow$157M
Total debt$54.5M
Net cash$363M
Piotroski F-Score5/7
Capital returns
Buyback yield0.7%
Dividend yield (est.)2.3%
Shareholder yield3.0%
Shares Δ YoY+18.3%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗4Period ending 2026-06-152026-06-16open ↗4Period ending 2026-05-202026-05-21open ↗11-KPeriod ending 2026-02-282026-05-20open ↗144Filing2026-05-20open ↗S-8Filing2026-05-14open ↗8-KPeriod ending 2026-05-072026-05-12open ↗4Period ending 2026-05-062026-05-08open ↗4Period ending 2026-05-062026-05-08open ↗4Period ending 2026-05-062026-05-08open ↗4Period ending 2026-05-062026-05-08open ↗4Period ending 2026-05-062026-05-08open ↗4Period ending 2026-05-062026-05-08open ↗
Frequently asked
- Is National Bank Holdings Corp (NBHC) a buy?
- NBHC currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Strong net margin (232.4%).
- What is NBHC's fair value?
- A Modified-Graham model based on NBHC's SEC fundamentals estimates a fair value of about $22.89. It is an estimate from reported earnings, not a price target.
- Is NBHC overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, NBHC currently appears overvalued relative to its SEC-grounded earnings power.
- What is National Bank Holdings Corp's quality score?
- NBHC scores 63.58823529411764/100 (grade C+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001475841, latest 10-Q filed 2026-05-07) · EODHD · as of 6/26/2026, 6:57:55 PM.
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