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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) plans to announce its third quarter financial results on October 19, 2021, after market close. A conference call to discuss the results will occur on October 20, 2021, at 11:00 a.m. ET. Interested participants can join by dialing (800) 367-2403 with code 7577774. A replay of the call will be accessible until October 25, 2021. The company operates 81 banking centers primarily in Colorado and surrounding states, aiming to deliver high-quality client service through its various banking brands.
National Bank Holdings Corporation (NBHC) has announced collaborations with Finstro Holdings and Figure Technologies to enhance its digital financial ecosystem aimed at small and medium-sized businesses. NBHC plans to invest in Finstro's digital working capital solutions, while collaborating with Figure Technologies on blockchain initiatives to improve payment transactions. CEO Tim Laney emphasized creating a bank-regulated digital ecosystem. These partnerships aim to lower transaction costs and improve access to credit and treasury management solutions for businesses in the U.S.
National Bank Holdings Corporation (NYSE: NBHC) declared a quarterly cash dividend of $0.22 per share, payable on September 15, 2021. Shareholders on record by August 27, 2021 will receive this payment. The company, through its subsidiary NBH Bank, operates 82 banking centers across Colorado, Kansas City, Texas, Utah, and New Mexico, focusing on community banking. This dividend approval reflects the company's commitment to returning value to its shareholders.
National Bank Holdings Corporation (NYSE: NBHC) reported a net income of $24.2 million, or $0.77 per diluted share, in Q2 2021, down from $26.8 million and $0.86 per share in Q1 2021. The return on average tangible assets was 1.41%, and return on average tangible common equity was 13.41%. Total loans stood at $4.3 billion, with an annualized growth of 8.4% excluding PPP loans. However, net interest income decreased slightly to $46.1 million, and non-interest income dropped to $25.3 million.
National Bank Holdings Corporation (NYSE: NBHC) announced the appointment of Patrick Sobers as a director, effective August 1, 2021. Sobers has over 30 years of experience in the financial services sector, previously serving as EVP, Head of Business and Consumer Banking for NBH Bank. His leadership roles include significant positions at Bank of America. Chairman Tim Laney expressed enthusiasm about Sobers' extensive banking experience and commitment to community engagement, which he believes will benefit the organization.
National Bank Holdings Corporation (NYSE: NBHC) will release its second quarter financial results on July 26, 2021, post-market. Following this, a conference call is scheduled for July 27, 2021, at 11:00 a.m. ET to discuss the results. Interested participants can join by calling (888) 394-8218 or (0800) 358 6377 in the UK using the code 8424776. A replay will be available until August 1, 2021. National Bank operates 82 banking centers across Colorado, Kansas City, Texas, Utah, and New Mexico, providing services to various consumer and business segments.
National Bank Holdings Corporation (NYSE: NBHC) has declared a quarterly cash dividend of $0.22 per share, marking a 10% increase from previous dividends. This dividend will be payable on June 15, 2021, to shareholders of record as of May 28, 2021. Chairman and CEO Tim Laney highlighted the bank's strong capital position and solid first quarter earnings as key factors driving shareholder returns. The company operates 89 banking centers across several states, serving a diverse range of clients.
National Bank Holdings Corporation (NYSE: NBHC) reported a net income of $26.8 million or $0.86 per diluted share for Q1 2021, reflecting a 69.4% increase from the previous year. Though net interest income decreased to $46.5 million, the company maintained a solid capital ratio of 15.23%. The return on average tangible common equity was 15.20%, compared to 9.79% year-over-year. Despite a 4.7% drop in total loans, deposits grew significantly, with transaction deposits up 14.5%. The company remains optimistic about growth prospects amid economic recovery.
National Bank Holdings Corporation (NYSE: NBHC) will report its first quarter financial results on April 22, 2021, post-market close. A conference call to discuss these results is set for April 23, 2021, at 11:00 a.m. ET. Interested participants can join the call by dialing the provided numbers with the Conference ID 9588935. A replay will be available until May 6, 2021. The company operates 89 banking centers primarily in Colorado, Kansas, Texas, Utah, and New Mexico, serving a diverse client base including individuals, businesses, and government entities.
National Bank Holdings Corporation (NYSE: NBHC) has authorized a stock repurchase program of up to $75 million, replacing the previous $50 million program. The company has already executed repurchases totaling $6.9 million from the prior program. Since early 2013, NBHC has bought back 27.4 million shares, equating to 53% of shares issued, at an average price of $20.21 per share. This strategic move emphasizes the company's confidence in enhancing shareholder value.
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