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NBHC logoNational Bank Holdings Corporation (NBHC) Earnings History

Profitable

17 years of earnings data (2009–2025) · Positive TTM net income

TTM Net Income
$110M
● Profitable
TTM EPS (Diluted)
$2.87
Per share, diluted
YoY EPS Growth
-7.5%
Slow
Net Margin
18.8%
After-tax profitability
EPS Growth Rate (CAGR)
1Y-7.5%
3Y+9.3%
5Y+0.0%
10Y+35.2%
Operating Margin24.4%
Gross Margin69.2%
Return on Equity8.1%
Return on Assets1.1%
Record Annual Net Income$142MFY2023
Record Quarterly EPS$1.06Q1 2023
Consecutive Profitable Years13years
Q4 2025
Net Income$16M
EPS (Diluted)$0.42
YoY Growth-7.5%Slow
QoQ Growth-54.6%Declining

Loading earnings history...

National Bank Holdings Corporation (NBHC) Earnings Overview

As of June 13, 2026, National Bank Holdings Corporation (NBHC) reported trailing twelve-month net income of $110M, reflecting -7.5% year-over-year growth. The company earned $2.87 per diluted share over the past four quarters, with a net profit margin of 18.8%.

Looking at the long-term picture, NBHC's 5-year EPS compound annual growth rate (CAGR) stands at +0.0%, reflecting modest earnings expansion. The company achieved its highest annual net income of $142M in fiscal 2023.

National Bank Holdings Corporation maintains industry-leading profitability with a gross margin of 69.2%, operating margin of 24.4%, and net margin of 18.8%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including IBCP ($69M net income, 21.7% margin), FFIN ($254M net income, 30.7% margin), CVBF ($209M net income, 32.5% margin), NBHC has room to improve margins relative to the peer group. Compare NBHC vs IBCP →

NBHC Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
NBHC logoNBHCCurrent
$110M$2.8718.8%8.1%-7.5%—
IBCP logoIBCP
$69M$3.2921.7%14.3%+3.5%
FFIN logoFFIN
$254M$1.7730.7%14.4%+13.5%
CVBF logoCVBF
$209M$1.5432.5%9.3%+5.6%
SFNC logoSFNC
-$398M$-2.74-63.4%-11.4%-343.8%
BOKF logoBOKF
$578M$9.4917.4%10.1%+12.8%
Best in group
Lowest in group

NBHC Historical Earnings Data (2009–2025)

17 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$110M-7.8%$143M$2.8518.8%24.4%
2024$119M-16.4%$145M$3.0820.0%24.4%
2023$142M+99.3%$176M$3.7225.7%31.7%
2022$71M-23.9%$86M$2.1820.6%24.9%
2021$94M+5.7%$115M$3.0130.6%37.6%
2020$89M+10.2%$109M$2.8525.0%30.9%
2019$80M+30.8%$96M$2.5524.5%29.3%
2018$61M+321.5%$74M$1.9621.0%25.2%
2017$15M-36.8%$36M$0.537.2%17.6%
2016$23M+372.4%$26M$0.7911.5%13.0%
2015$5M-46.8%$8M$0.142.4%3.8%
2014$9M+32.5%$12M$0.223.9%5.3%
2013$7M+1375.7%$11M$0.143.1%4.8%
2012$-543,000-101.3%$4M$-0.01-0.2%1.5%
2011$42M+593.5%$69M$0.8118.4%30.4%
2010$6M+494.5%$9M$0.1225.9%38.5%
2009-$2M--$1M$-0.03-318.9%-284.0%

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What if you invested $1,000 in NBHC back in 2009?

Total return with dividends reinvested · 17+ years of data

Calculate Returns

How much would $100/month in NBHC be worth today?

Dollar cost averaging vs lump sum · see how regular investing compounds over time

Run the Numbers

Is NBHC Undervalued Right Now?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

View Valuation

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NBHC — Frequently Asked Questions

Quick answers to the most common questions about buying NBHC stock.

What is NBHC earnings per share (EPS)?

NBHC trailing twelve-month (TTM) diluted EPS is $2.87, reflecting -7.5% year-over-year growth. The 5-year EPS CAGR is +0.0%. Complete EPS history from 2009 to 2025 is available in the table on this page.

What is National Bank Holdings Corporation's net income?

National Bank Holdings Corporation (NBHC) trailing twelve-month net income is $110M as of 2025. Earnings declined -7.5% year-over-year. National Bank Holdings Corporation has been profitable for 13 consecutive years.

Is NBHC profitable?

Yes, NBHC is profitable with a TTM net income of $110M and a net profit margin of +18.8%. National Bank Holdings Corporation has generated profits for 13 consecutive years.

What is NBHC's earnings growth rate?

NBHC compound annual EPS growth rates (CAGR): 1-Year: -7.5%, 3-Year: +9.3%, 5-Year: +0.0%, 10-Year: +35.2%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2009 to 2025.

What are NBHC's profit margins?

National Bank Holdings Corporation net profit margin is +18.8%, operating margin is +24.4%, and gross margin is +69.2%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +8.1%.

Is NBHC growing earnings?

NBHC earnings are declining — EPS fell -7.5% year-over-year. TTM net income dropped to $110M. This contrasts with the 5-year CAGR of +0.0%.

What was NBHC's best earnings year?

National Bank Holdings Corporation's highest annual net income on record is $142M, achieved in fiscal year 2023. Earnings history on this page spans 2009 to 2025 and includes all annual and quarterly figures.

What were NBHC's earnings last quarter?

NBHC's most recent reported quarter was Q4 2025. Net income was $16M with diluted EPS of $0.42. For a full breakdown of all quarters, see the quarterly earnings table on this page.

NBHC Earnings Over Time (2009–2025)

Net income & EPS — annual and quarterly view