NYSE$NBHC

National Bank Holdings Corporation · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

NBHC reported solid financial results for Q1 2021, driven by diverse revenue streams and excellent credit quality.

National Bank Holdings Corporation reported a net income of $26.8 million, or $0.86 per diluted share, for the first quarter of 2021. The company's return on average tangible equity was 15.20%.

  • Earnings per share - diluted was $0.86.
  • Return on average tangible assets was 1.65%.
  • Return on average tangible common equity was 15.20%.
  • Net charge-offs were a record low one basis point annualized of total loans.

Headline financials

Total Revenue

$78.6M

Previous: $73.9M+6.4%
EPS (adj)

$0.86

Previous: $0.50+72.0%
Net Interest Margin

3.0%

Previous: 3.9%-22.0%
Loan to Deposit Ratio

71.7%

No prior period
Efficiency Ratio

61.8%

No prior period
CET1 Capital Ratio

15.2%

No prior period
Total Risk-Based Capital Ratio

16.3%

No prior period
Free Cash Flow

$26.8M

Previous: $15.8M+69.4%
Net Income

$26.8M

Previous: $15.8M+69.4%
Operating Income

$59.6M

Previous: $48M+24.1%
Gross Profit

$75M

Previous: $67.7M+10.8%
Cash & Equivalents

$823M

Previous: $134M+514.2%
Total Assets

$6.95B

Previous: $6.03B+15.3%
Stock-Based Comp

$1.13M

Previous: $1.23M-7.9%

Revenue & EPS history

NBHC · Revenue · Quarterly

$78.6M

Q1 2021+6.4%vs Q1 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

NBHC is optimistic about its growth potential as it continues to see signs of strong economic recovery in its markets. The pipeline for new business generation during the second quarter is very encouraging.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.7%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+3.2%

Avg return

30 days after

41%

26 / 64 earnings

Positive

+9.3%

Q1 2019

Best reaction

-6.3%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.4%+2.5%-0.4%
Q4 2025-0.5%+1.4%-0.2%
Q3 2025+2.4%+0.5%-0.1%
Q1 2025-6.2%-2.1%-0.2%
Q4 2024-3.0%-1.5%-3.7%
Q3 2024+8.9%+8.7%+16.7%
Q2 2024-5.7%-6.6%-4.0%
Q1 2024-2.6%-4.9%+7.5%
Q4 2023+0.6%+2.9%-6.9%
Q3 2023+8.0%+7.4%+14.6%
Q2 2023-3.4%-3.2%-6.3%
Q1 2023-5.5%-8.2%-9.0%
Q4 2022-1.7%-1.6%-3.8%
Q3 2022+8.4%+9.0%+20.1%
Q2 2022+3.1%+2.3%+8.2%
Q1 2022+3.3%-0.4%+0.3%
Q4 2021+7.9%+6.5%+4.0%
Q3 2021+4.5%+6.4%+9.7%
Q2 2021-0.4%-1.0%+2.6%
Q1 2021+5.1%+5.1%+6.7%
Q4 2020+0.8%-4.2%+3.4%
Q3 2020+6.7%+5.0%+8.2%
Q2 2020+4.2%+1.9%+4.1%
Q1 2020+0.8%+13.0%+10.0%
Q4 2019-6.3%-8.2%-5.3%
Q3 2019-3.3%-5.0%-3.5%
Q2 2019+4.5%+8.7%-1.9%
Q1 2019+9.3%+9.9%+6.0%
Q4 2018-2.3%-2.4%+9.4%
Q3 2018-5.9%-4.6%+4.2%
Q2 2018+1.1%+2.4%+3.9%
Q1 2018+0.5%+2.5%+13.3%
Q4 2017-2.3%-3.3%-1.5%
Q3 2017-2.9%-7.5%-9.3%
Q2 2017-1.4%+1.2%-5.3%
Q1 2017-0.4%+2.3%-2.1%
Q4 2016+4.9%+2.5%+4.3%
Q3 2016+6.1%+5.7%+19.5%
Q2 2016-1.2%-1.6%+11.5%
Q1 2016-4.1%
Q4 2015+2.3%
Q3 2015+8.1%
Q2 2015-1.1%
Q1 2015-0.1%
Q4 2014+3.3%
Q3 2014-1.4%
Q2 2014+2.7%
Q1 2014-1.8%
Q4 2013-1.9%
Q3 2013+3.2%
Q2 2013-0.5%
Q1 2012+1.7%
Q1 2013-0.7%
Q1 2010-0.1%
Q2 2011-0.1%
Q4 2011-0.1%
Q4 2010-0.1%
Q2 2012-0.1%
Q3 2010-0.1%
Q2 2010-0.1%
Q1 2011-0.1%
Q4 2012-0.6%
Q3 2012-0.3%
Q3 2011-0.3%

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