NBHC
National Bank Holdings Corporation
NYSEUSDEQUITY
Financial Services
DELAYED
Last price
41.85
▲ 0.19 (0.46%)
MARKET · —
Price
Open
42.28
Prev close
41.66
Day high
41.93
Day low
41.29
Volume
190.86K
Market cap
$1.86B
P/E (TTM)
17.58
52W range
35.06 – 47.28
Trailing performance
Returnvs SPY
1W
-3.86%
-2.5%
1M
-3.04%
-6.8%
3M
-0.17%
-3.3%
6M
-1.58%
-12.6%
YTD
+10.10%
-2.2%
1Y
+11.04%
-9.0%
3Y
+28.93%
-45.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$1.86B
Enterprise value$1.81B
Revenue (TTM)$452.27M
Gross profit$452.27M
EBITDA—
Net income$97.40M
EPS (TTM)$2.38
Free cash flow—
Total cash$411.35M
Total debt$354.01M
Book value / share$37.48
Shares outstanding44.54M
Float42.53M
Short % of float4.51%
Dividend yield3.06%
Beta (5Y)0.77
Valuation & profitability ratios
Trailing P/E17.58
Forward P/E10.65
PEG ratio1.57
Price / sales—
Price / book1.12
EV / revenue4.00
EV / EBITDA—
Gross margin0.00%
Operating margin28.57%
Profit margin21.80%
Return on equity6.53%
Return on assets0.87%
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $423.94M | $413.71M | $431.97M | $339.66M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $109.57M | $118.81M | $142.05M | $71.27M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $109.57M | $118.81M | $142.05M | $71.27M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.81 | 0.78 | -3.7% |
| Mar 2026 | 0.65 | 0.72 | +10.8% |
| Dec 2025 | 0.82 | 0.60 | -26.6% |
| Sep 2025 | 0.85 | 0.92 | +8.2% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.84 | 4 | $136.17M | +22.8% |
| Next quarter | 0.96 | 4 | $139.11M | +35.5% |
| Current year | 3.30 | 4 | $534.41M | +26.1% |
| Next year | 3.93 | 4 | $572.36M | +7.1% |
Analyst targets & ownership
Mean target$48.50
High target$51.00
Low target$46.00
Implied upside15.89%
Analyst count4
ConsensusBUY
Strong buy / Buy1 / 1
Hold2
Sell / Strong sell0 / 0
Held by insiders5.75%
Held by institutions95.62%
Institutions holding330
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+173.80K
Net buying
Buy transactions
23
174.76K shares
Sell transactions
1
963 shares
Net transactions
+24
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
2.56M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 11, 26 | LANEY G TIMOTHY Chief Executive Officer |
CONVERSION | 63.73K | $2.12M | Direct |
| May 20, 26 | SPRING MARIA F Director |
SELL | 963 | $40.29K | Direct |
| May 7, 26 | GUPTA ALKA Director |
STOCK | 3.15K | $0 | Direct |
| May 7, 26 | DOYLE ROBIN ANN Director |
STOCK | 3.15K | $0 | Direct |
| May 7, 26 | MCLAUGHLIN KIRK A. Director |
STOCK | 3.15K | $0 | Direct |
| May 7, 26 | ZEILE ARTHUR H Director |
STOCK | 3.15K | $0 | Direct |
| May 7, 26 | DEAN ROBERT E Director |
STOCK | 3.15K | $0 | Direct |
| May 7, 26 | CLERMONT RALPH W Director |
STOCK | 3.62K | $0 | Direct |
| May 7, 26 | SPRING MARIA F Director |
STOCK | 3.15K | $0 | Direct |
| May 7, 26 | JOSEPH FRED J Director |
STOCK | 3.15K | $0 | Direct |
| May 7, 26 | SOBERS PATRICK G Director |
STOCK | 3.15K | $0 | Direct |
| Mar 17, 26 | VAN DENABEELE NICOLE Chief Financial Officer |
STOCK | 5.82K | $0 | Direct |
| Mar 17, 26 | PETRUCCI ANGELA NICOLE Officer |
STOCK | 4.18K | $0 | Direct |
| Mar 17, 26 | GOODEN EMILY Officer |
STOCK | 517 | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BIRKANS ALDIS |
President | 264.44K | Stock Award(Grant) |
CLERMONT RALPH W |
Director | 79.16K | Stock Award(Grant) |
DEAN ROBERT E |
Director | 35.54K | Stock Award(Grant) |
JOSEPH FRED J |
Director | 27.64K | Stock Award(Grant) |
LANEY G TIMOTHY |
Chief Executive Officer | 691.59K | Conversion of Exercise of derivative security |
NEWFIELD RICHARD U JR |
Officer | 153.77K | Stock Award(Grant) |
PETRUCCI ANGELA NICOLE |
Officer | 24.40K | Stock Award(Grant) |
SOBERS PATRICK G |
Director | 25.09K | Stock Award(Grant) |
SPRING MARIA F |
Director | 37.16K | Sale |
STEINMETZ JOHN |
Officer | 536.50K | Purchase |
Moving averages & technicals
SMA 10
42.77
-2.14% from price
SMA 20
42.83
-2.28% from price
SMA 50
43.68
-4.18% from price
SMA 100
42.74
-2.09% from price
SMA 200
40.99
+2.10% from price
EMA 12
42.64
-1.86% from price
EMA 26
43.06
-2.82% from price
EMA 50
43.14
-2.99% from price
RSI (14)
37.5
Neutral
MACD (12,26,9)
-0.42
Hist -0.13
ATR (14)
0.73
1.74% of price
Realised vol 30D
21.8%
Annualised
Bollinger upper
43.91
20, 2σ
Bollinger lower
41.74
20, 2σ
50 / 200 cross
Golden
43.68 vs 40.99
Trend bias
Above 200
+2.10%
Risk profile
Beta vs SPY
0.61
Less volatile than market
Correlation to SPY
0.31
Loosely linked
Realised vol 30D
21.8%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-14.4%
Peak to trough
Max drawdown 5Y
-44.3%
Peak to trough
ATR 14
0.73
1.74% of price
Beta (reported)
0.77
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
25.00
-40.3% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
25.00
0 contracts
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
2 Cash-Heavy Stocks to Consider Right Now and 1 We Turn Down
StockStory · 2d ago
National Bank Holdings Corporation Announces Quarterly Dividend
GlobeNewswire · 18d ago
National Bank Holdings (NBHC) After Earnings And Buybacks Looks Modestly Undervalued
Simply Wall St. · 27d ago
National Bank Holdings Corp (NBHC) Q2 2026 Earnings Call Highlights: Record Loan Production and ...
GuruFocus.com · 31d ago
National Bank Q2 Earnings Call Highlights
MarketBeat · 31d ago
National Bank Holdings Corporation Q2 2026 Earnings Call Summary
Moby · 31d ago
National Bank Holdings (NBHC) Q2 Earnings and Revenues Miss Estimates
Zacks · 32d ago
National Bank Holdings (NYSE:NBHC) Misses Q2 CY2026 Sales Expectations
StockStory · 32d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.