National Bank Holdings Corporation Announces Balance Sheet Repositioning
National Bank Holdings (NYSE: NBHC) has announced a strategic balance sheet repositioning through the sale of approximately $130 million of available-for-sale (AFS) investment securities. The sale, representing about 20% of the company's AFS portfolio, resulted in an after-tax loss of approximately $5 million to be recorded in Q4 2024. The company plans to redeploy the proceeds into higher-yielding securities over time, aiming to drive future earnings growth through its solid capital position.
National Bank Holdings (NYSE: NBHC) ha annunciato una riposizionamento strategico del bilancio attraverso la vendita di circa 130 milioni di dollari di titoli di investimento disponibili per la vendita (AFS). La vendita, che rappresenta circa il 20% del portafoglio AFS dell'azienda, ha comportato una perdita dopo tasse di circa 5 milioni di dollari che verrà registrata nel quarto trimestre del 2024. L'azienda prevede di reinvestire i proventi in titoli con rendimenti più elevati nel tempo, con l'obiettivo di favorire la crescita futura degli utili grazie alla sua solida posizione di capitale.
National Bank Holdings (NYSE: NBHC) ha anunciado un reposicionamiento estratégico de su balance mediante la venta de aproximadamente $130 millones de valores de inversión disponibles para la venta (AFS). La venta, que representa alrededor del 20% de la cartera AFS de la empresa, resultó en una pérdida después de impuestos de aproximadamente $5 millones que se registrará en el cuarto trimestre de 2024. La empresa planea reinvertir los ingresos en valores de mayor rendimiento con el tiempo, buscando impulsar el crecimiento de las ganancias futuras a través de su sólida posición de capital.
내셔널 은행 홀딩스 (NYSE: NBHC)는 약 1억 3천만 달러의 매도가능 증권(AFS)의 판매를 통한 전략적 자산 재편성 계획을 발표했습니다. 이 판매는 회사 AFS 포트폴리오의 약 20%에 해당하며, 약 500만 달러의 세후 손실이 발생하여 2024년 4분기에 기록될 예정입니다. 회사는 시간이 지남에 따라 수익성이 더 높은 증권에 수익금을 재투자할 계획이며, 이는 견고한 자본 위치를 통해 향후 수익 증가를 추구하는 것입니다.
National Bank Holdings (NYSE: NBHC) a annoncé un repositionnement stratégique de son bilan par la vente d'environ 130 millions de dollars de titres de placement disponibles à la vente (AFS). Cette vente, représentant environ 20% du portefeuille AFS de l'entreprise, a entraîné une perte après impôts d'environ 5 millions de dollars qui sera enregistrée au quatrième trimestre 2024. L'entreprise prévoit de réinvestir les recettes dans des titres à rendement plus élevé au fil du temps, dans le but de stimuler la croissance future des bénéfices grâce à sa solide position en capital.
National Bank Holdings (NYSE: NBHC) hat eine strategische Umpositionierung der Bilanz durch den Verkauf von etwa 130 Millionen Dollar an verfügbaren Wertpapieren (AFS) angekündigt. Der Verkauf, der rund 20% des AFS-Portfolios des Unternehmens ausmacht, führte zu einem nach Steuern von etwa 5 Millionen Dollar zu verbuchenden Verlust im 4. Quartal 2024. Das Unternehmen plant, die Erlöse über die Zeit in renditestärkere Wertpapiere zu reinvestieren, um zukünftiges Gewinnwachstum durch seine solide Kapitalbasis voranzutreiben.
- Strategic redeployment of assets into higher-yielding securities
- Strong capital position enabling balance sheet optimization
- Proactive management approach to enhance future earnings
- $5 million after-tax loss in Q4 2024
- 20% reduction in AFS investment securities portfolio
Insights
DENVER, Dec. 18, 2024 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC, or the “Company”) announced today that it sold approximately
“Through our solid capital position, we are able to effectively manage our balance sheet while enhancing future earnings growth for our shareholders,” said Chairman and CEO, Tim Laney.
About National Bank Holdings Corporation
National Bank Holdings Corporation is a bank holding company created to build a leading community bank franchise delivering high quality client service and committed to stakeholder results. Through its bank subsidiaries, NBH Bank and Bank of Jackson Hole Trust, National Bank Holdings Corporation operates a network of over 90 banking centers, serving individual consumers, small, medium and large businesses, and government and non-profit entities. Its banking centers are located in its core footprint of Colorado, the greater Kansas City region, Utah, Wyoming, Texas, New Mexico and Idaho. Its comprehensive residential mortgage banking group primarily serves the bank’s core footprint. Its trust business is operated in its core footprint under the Bank of Jackson Hole Trust charter. NBH Bank operates under a single state charter through the following brand names as divisions of NBH Bank: in Colorado, Community Banks of Colorado and Community Banks Mortgage; in Kansas and Missouri, Bank Midwest and Bank Midwest Mortgage; in Utah, Texas, New Mexico and Idaho, Hillcrest Bank and Hillcrest Bank Mortgage; and in Wyoming, Bank of Jackson Hole and Bank of Jackson Hole Mortgage. Additional information about National Bank Holdings Corporation can be found at www.nationalbankholdings.com.
For more information visit: cobnks.com, bankmw.com, hillcrestbank.com, bankofjacksonhole.com, or nbhbank.com. Or connect with any of our brands on LinkedIn.
Contact:
Analysts/Institutional Investors:
Emily Gooden, 720-554-6640
Chief Accounting Officer and Investor Relations Director
ir@nationalbankholdings.com
Nicole Van Denabeele, 720-554-6640
Chief Financial Officer
ir@nationalbankholdings.com
Media:
Jody Soper, 303-784-5925
Chief Marketing Officer
Jody.Soper@nbhbank.com
Source: National Bank Holdings Corporation
FAQ
What is the size of NBHC's securities sale announced in December 2024?
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What is the purpose of NBHC's balance sheet repositioning strategy?
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