Welcome to our dedicated page for National Bk Hldgs news (Ticker: NBHC), a resource for investors and traders seeking the latest updates and insights on National Bk Hldgs stock.
National Bank Holdings Corp (NBHC) provides investors and stakeholders with timely updates through this centralized news hub. Track official press releases, financial developments, and strategic initiatives from the bank holding company serving commercial and consumer clients across the United States.
This resource delivers essential updates including earnings reports, regulatory filings, and partnership announcements. Access analysis of NBHC's deposit products, commercial lending activities, and treasury management solutions without promotional bias.
Key content categories include quarterly financial results, leadership changes, product launches, and market expansion efforts. Bookmark this page for streamlined access to NBHC's evolving role in community banking and financial services.
National Bank Holdings Corporation (NYSE: NBHC) has secured regulatory approvals from the Federal Reserve Board and other state institutions for the acquisition of Community Bancorporation, parent of Rock Canyon Bank. This transaction, expected to close in September 2022, will add approximately $809.7 million in assets, including $476.2 million in loans and $727.7 million in deposits as of March 31, 2022. Following the deal, NBHC anticipates around $8.0 billion in pro forma assets, enhancing its market presence in Utah, Colorado, Texas, Kansas, Missouri, and New Mexico.
National Bank Holdings Corporation (NYSE: NBHC) reported strong financial results for Q2 2022, with net income of $20.4 million, or $0.67 per diluted share, marking a 11% increase from Q1 2022. The bank achieved 42.4% annualized revenue growth, driven by a 12.3% increase in loan volumes. Notably, net interest income rose 78.4% annualized to $57.4 million, thanks to an increase in average earning assets. Despite a decline in mortgage banking income, robust credit quality was evident with a low non-performing loans ratio of 0.20%. The bank is positioned for future growth through two strategic acquisitions.
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.
