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National Bank Holdings Corporation (NBHC) is a bank holding company that operates through its primary subsidiary, NBH Bank, to provide a wide range of banking products and financial services in the United States. The company offers various deposit products, including checking accounts, savings accounts, money market accounts, and fixed-rate and fixed-maturity time deposits. NBHC also provides an array of loan products, such as commercial and industrial loans, equipment loans, lender finance loans, food and agriculture loans, and various commercial real estate loans.
In addition to its core banking services, NBHC offers specialized treasury management solutions that encompass online and mobile banking, commercial credit cards, wire transfers, automated clearing house (ACH) transactions, and electronic bill payments. The company's comprehensive financial solutions are tailored to meet the needs of individual consumers, small and medium-sized enterprises, large businesses, and government and non-profit entities.
National Bank Holdings Corporation has built a robust community banking franchise, operating over 95 banking centers across its core geographic footprint, which includes Colorado, the greater Kansas City region, Utah, Wyoming, Texas, New Mexico, and Idaho. Apart from traditional banking operations, the company also operates a residential mortgage banking group and a trust business under the Bank of Jackson Hole Trust charter.
The company’s notable achievements include innovative product offerings and strategic partnerships that bolster its market presence. Recent updates highlight organizational changes, with leadership appointments aimed at enhancing operational efficiency and client service quality. For example, Bank Midwest, a division of NBH Bank, recently announced the appointment of Charlie Koch as its new President, underlining NBHC's commitment to nurturing strong leadership within the organization.
NBHC remains focused on delivering high-quality client service and sustainable shareholder value. The company's transparent financial reporting showcases its robust financial health, with recent reports detailing consolidated statements of financial condition, loan portfolio statuses, net interest margins, asset quality data, and key financial metrics.
For additional information, visit National Bank Holdings Corporation or connect with their various brands on LinkedIn. The latest news and updates about NBHC, including financial summaries and market insights, are readily available to stakeholders, ensuring they remain informed about the company’s ongoing developments and strategic initiatives.
National Bank Holdings Corporation (NYSE: NBHC) is scheduled to release its second quarter financial results on July 19, 2022, after market close. A conference call will follow on July 20, 2022, at 11:00 a.m. ET for management to discuss the results. Interested listeners can join by calling (800) 207-0148 with the passcode 656517. A replay will be available from July 20 through July 25, 2022. The earnings release and an online replay of the call will be accessible through the company's investor relations website.
National Bank Holdings Corporation (NYSE: NBHC) has announced a quarterly cash dividend of $0.23 per share, payable on June 15, 2022. Shareholders on record by the close of business on May 27, 2022 are eligible to receive this dividend. The company is committed to providing high-quality client service through its network of 81 banking centers across states like Colorado, Texas, and New Mexico, focusing on various customer segments including individuals and businesses.
National Bank Holdings Corporation (NBHC) announced its intent to acquire Community Bancorporation, the holding company for Rock Canyon Bank, headquartered in Provo, Utah. This transaction, valued at $136 million, aims to strengthen NBHC's presence in the growing Salt Lake City market, boosting total pro forma assets to approximately $9.6 billion. In Q1 2022, NBHC reported net income of $18.4 million, down from $26.8 million year-over-year, driven by lower mortgage banking income. However, loan growth remained robust at 15.8% annualized, indicating strong performance in commercial loans.
National Bank Holdings Corporation (NYSE: NBHC) will announce its Q1 2022 financial results on April 18, 2022, post-market close. A conference call is scheduled for April 19, 2022, at 11:00 a.m. ET for a comprehensive review of these results. Interested parties can join the call via phone or access a replay following the call. The earnings report will also be available on the company’s investor relations website. National Bank Holdings aims to provide high-quality banking services through its subsidiary, NBH Bank, with a focus on expanding its community bank franchise.
National Bank Holdings Corporation (NYSE: NBHC) has signed a merger agreement to acquire Bancshares of Jackson Hole Incorporated for approximately $230 million. This acquisition enhances NBHC's presence in the fast-growing Rocky Mountain Region, increasing its total assets to $8.8 billion and total deposits to $7.7 billion.
The deal will bolster NBHC's commercial banking focus and include a favorable Wyoming trust business. The transaction awaits shareholder and regulatory approvals but is expected to close in late 2022.
National Bank Holdings Corporation (NYSE: NBHC) has announced a 4.5% increase in its quarterly cash dividend, raising it from $0.22 to $0.23 per share. This dividend, which reflects a 9.5% increase over the last year, will be paid on March 15, 2022 to shareholders of record as of February 25, 2022. The Chairman and CEO, Tim Laney, attributes this growth to the company's strong capital position and record earnings in 2021, emphasizing the commitment to enhancing shareholder returns.
National Bank Holdings Corporation (NYSE: NBHC) reported a strong Q4 2021 with net income of $22.8 million, or $0.74 per diluted share, marking a 14.8% increase from Q3 2021. Full-year earnings reached a record $93.6 million, or $3.01 per share, a 5.7% rise compared to 2020. The company achieved annualized loan growth of 13.4% in Q4, benefiting from record loan originations of $475.4 million. Key metrics include a return on average tangible assets of 1.30% and a non-performing loan ratio of 0.24%. Capital ratios remain strong, indicating robust financial health.
On January 19, 2022, NBH Bank successfully completed a unique transaction using the Provenance Blockchain, minting USDF, a bank-minted stablecoin, and sending it to a client of New York Community Bank. This marks a significant step in demonstrating bank interoperability, aimed at enhancing payment applications and facilitating real-time settlements. The USDF Consortium, which includes various banks, is committed to advancing the adoption of USDF, showcasing its potential as a vital component of digital asset strategies.
National Bank Holdings Corporation (NYSE: NBHC) plans to release its fourth-quarter financial results on January 20, 2022, after market close. A conference call to discuss the results will take place on January 21, 2022, at 11:00 a.m. ET. Interested listeners can join the call by dialing the provided numbers. A telephonic replay will be available until January 26, 2022. The earnings release, along with a replay of the call, will be accessible on the company’s website. For more information about NBHC, visit their official page.
National Bank Holdings Corporation (NYSE: NBHC) has declared a quarterly cash dividend of $0.22 per share, payable on December 15, 2021, to shareholders of record by November 26, 2021. This decision reflects the company's ongoing commitment to delivering value to its shareholders. NBHC operates a network of 81 banking centers across Colorado, Kansas City, Texas, Utah, and New Mexico, catering to a diverse range of clients including individuals and businesses.