NYSE$NBHC
National Bank Holdings Corporation · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
NBHC's earnings increased and returns remained strong.
National Bank Holdings Corporation reported a solid third quarter with a 10.8% increase in quarterly earnings, reaching $0.94 per diluted share, and an 18.38% return on average tangible common equity. Year-to-date net income increased $54.4 million, a 100% increase over the prior period, to $108.9 million, or $2.85 per diluted share.
- Net income totaled $36.1 million, or $0.94 per diluted share, representing a 10.8% increase over the second quarter.
- Fully taxable equivalent pre-provision net revenue totaled $48.1 million, a 9.2% increase over the second quarter.
- Return on average tangible assets increased 13 basis points to 1.58%.
- Return on average tangible common equity increased 114 basis points to 18.38%.
Headline financials
Revenue & EPS history
NBHC · Revenue · Quarterly
$13M
Forward guidance
The company enters the fourth quarter from a position of strength, operating in high-performing markets with a relationship-based banking model that generates a positive impact and attractive shareholder returns, and its strong balance sheet, solid capital position, and diversified funding sources provide optionality for future growth.
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 Q3 2023
+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
| Quarter | Report date | Reaction (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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