National Bank Holdings Corporation (NBHC) Stock

National Bank Holdings Corporation (NBHC) is a Financials stock trading at $41.68 (as of 2026-08-20), with a market capitalization of $1.87B and a trailing P/E of 17.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

National Bank Holdings Corporation is the bank holding company for NBH Bank, providing deposit products, lending (including commercial/industrial, commercial real estate, SBA, residential real estate, and consumer loans), and treasury management services. These offerings serve commercial, business, and consumer clients in the United States.

Understand National Bank Holdings Corporation: how it makes money

National Bank Holdings Corporation operates NBH Bank, providing deposit products and commercial, business, and consumer loans and leases in the United States, and it generates income through its banking balance sheet activities tied to deposits and lending.

Pre-provision net revenue (net revenue before loan loss provisions) is a key structural read of the bank's earning power, because it captures operating performance before credit-related provisions.

Business quality (Solid): The dataset provided has limited company-specific operating KPIs (none listed under operational_kpi_candidates) and no official reportable segment breakdown, so the view relies mainly on the provided pre-provision net revenue metrics and a reported operating margin figure that may be affected by missing or non-standard financial context.

Valuation: At 17× earnings, NBHC trades 34% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Diverse banking product set: It offers both deposit products (checking, savings, money market, and fixed-rate or fixed-maturity time deposits) and loans and leases across commercial, business, and consumer clients.
  • Operating profitability tracked before provisions: The provided metrics include pre-provision net revenue measures, which are designed to show operating performance before loan loss provisions.

Bear case

  • Credit losses and provisions can change the bottom line: Because pre-provision net revenue is reported before loan loss provisions, the final results can diverge if provisions rise relative to operating earnings.
  • Limited transparency in the provided segment data: No official reportable segments were provided in the data here, which makes it harder to attribute performance to specific banking lines.
Valuation — source: SEC EDGAR (first-party)
Price$41.68
Market Cap$1.87B
P/E Ratio17.6
EV / EBITDA9.9
Price / Book1.12
Price / Sales39.20
DCF Value (model)$35.35
DCF Upside vs Price-15.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$47.10M
Net Margin232.6%
Revenue Growth (YoY)4.8%
EPS Growth (YoY)-27.0%
Valuation vs Sector & Industry
Stock P/E17.6
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector16.2%
vs Industry36.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($215.88M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOG. Timothy Laney
Employees1,259
CountryUS
IPO Date2012-09-20

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NBHC earnings history · NBHC institutional & insider holders · NBHC KPIs & operating metrics · NBHC financials · NBHC investor presentations & press releases · NBHC SEC filings · NBHC peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.