NYSE$NBHC

National Bank Holdings Corporation · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

National Bank Holdings reported Q3 2025, revenue of $108.9M, net income of $35.3M, diluted EPS of $0.92.

For Q3 2025, National Bank Holdings reported revenue of $108.9M, net income of $35.3M, diluted EPS was $0.92. The Form 10-Q discusses segment trends, liquidity, capital allocation, and management outlook for upcoming periods.

  • Revenue $108.9M.
  • Net income $35.3M.
  • Diluted EPS $0.92.

Headline financials

Total Revenue

$11.3M

Previous: $12.1M-6.9%
EPS (adj)

$0.92

Previous: $0.86+7.0%
Net Interest Margin

4.0%

Previous: 3.9%+2.8%
Return on Avg. Assets

1.4%

Previous: 1.3%+8.3%
Return on Avg. Tangible Assets

1.5%

No prior period
Return on Avg. Equity

10.3%

No prior period
Return on Tangible Common Equity

14.2%

Previous: 14.8%-4.2%
Loan to Deposit Ratio

87.7%

Previous: 90.8%-3.4%
Non-interest Deposits to Total

26.6%

No prior period
Efficiency Ratio

61.8%

Previous: 57.6%+7.1%
CET1 Capital Ratio

14.7%

No prior period
Total Risk-Based Capital Ratio

16.6%

No prior period
Net Charge-Offs to Loans

-0.1%

No prior period
Non-performing Loans to Total

0.4%

No prior period
Effective Tax Rate

18.2%

No prior period
Net Income

$35.3M

Previous: $33.1M+6.6%
Operating Income

$45.1M

Previous: -$61.8M+173.1%

Revenue & EPS history

NBHC · Revenue · Quarterly

$11.3M

Q3 2025-6.9%vs Q3 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

The filing discusses National Bank Holdings's outlook, capital allocation, and key risks for upcoming quarters, including operating priorities and balance-sheet flexibility where disclosed.

Tailwinds

  • Net interest margin and credit quality remain central for regional banks.
  • National Bank Holdings cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.
  • Deposit costs and loan growth mix influence near-term earnings.

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 2025

Historical avgQ3 2025

+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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