NYSE$NBHC

National Bank Holdings Corporation · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Achieved quarterly earnings of $0.73 per diluted share.

National Bank Holdings Corporation reported a net income of $28.2 million, or $0.73 per diluted share, for Q4 2024. The company's net interest margin widened to 3.99%, driven by disciplined deposit pricing and loan growth. Loan originations reached $1.5 billion for the year, and average deposits grew by 4.7%.

  • Delivered quarterly earnings of $0.73 per diluted share.
  • Net interest income grew by 11.3% annualized.
  • Net interest margin expanded by 12 basis points to 3.99%.
  • Generated loan originations of $1.5 billion and grew total average deposits 4.7% during 2024.

Headline financials

Total Revenue

$108M

Previous: $107M+0.6%
EPS (adj)

$0.86

Previous: $0.87-1.1%
Net Interest Margin

4.0%

No prior period
Loan to Deposit Ratio

94.1%

No prior period
Capital Expenditures

-$8.22M

No prior period
Net Income

$28.2M

Previous: $33.1M-14.9%
Operating Income

$34.7M

Previous: $38.9M-10.7%

Revenue & EPS history

NBHC · Revenue · Quarterly

$108M

Q4 2024+0.6%vs Q4 2023
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

National Bank Holdings Corporation enters 2025 from a position of strength with optionality for future growth and are pleased with their new business pipelines. They delivered 11% growth in tangible book value per share in 2024 and maintain strong capital with a Common Equity Tier 1 capital ratio of 13.2%. Their earnings and capital strength allow them to continue to invest in 2UniFi and Cambr, which they believe will provide unique opportunities for future growth. They remain well positioned to serve their clients and communities in 2025.

Tailwinds

  • Position of strength with optionality for future growth
  • Pleased with new business pipelines
  • 11% growth in tangible book value per share in 2024
  • Strong capital with a Common Equity Tier 1 capital ratio of 13.2%
  • Well positioned to serve clients and communities in 2025

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 Q4 2024

Historical avgQ4 2024

+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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