National Bank Holdings Corporation

National Bank Holdings Corporation

NBHCยทNYSE

$41.77

+2.0%
Financial ServicesBanks - Regional

National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States. It offers deposit products, including checking, savings, money market, and other deposit accounts, including fixed-rate and fixed maturity time deposits. The company also provides commercial and industrial loans and leases, such as working capital loans, equipment loans, lender finance loans, food and agriculture loans, government and non-profit loans, owner occupied commercial real estate loans, and other commercial loans and leases; non-owner occupied commercial real estate loans consisting of loans on commercial properties, such as office buildings, warehouse/distribution buildings, multi-family, hospitality, and retail buildings; small business administration loans to support manufacturers, distributors, and service providers; term loans, line of credits, and real estate secured loans; residential real estate loans; and consumer loans. In addition, it offers treasury management solutions comprising online and mobile banking, commercial credit card, wire transfer, automated clearing house, electronic bill payment, lock box, remote deposit capture, merchant processing, cash vault, controlled disbursements, and fraud prevention services, as well as other auxiliary services, including account reconciliation, collections, repurchase accounts, zero balance accounts, and sweep accounts. As of January 20, 2022, the company operated through a network of 81 banking centers located in Colorado, the greater Kansas City region, New Mexico, Utah, and Texas. It also operates 121 ATMs. The company was formerly known as NBH Holdings Corp. and changed its name to National Bank Holdings Corporation in March 2012. National Bank Holdings Corporation was incorporated in 2009 and is headquartered in Greenwood Village, Colorado.

At a Glance

Live Snapshot
Market Cap$1.59B
EPS2.8600
P/E Ratio14.60
Earnings Date07/28/2026
National Bank Holdings Corporation

National Bank Holdings Corporation Fair Value Envelope

NBHC ยท NYSE

Our analysis suggests that NBHC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $41.77, this represents a potential HIDDEN relative to our calculated worth for National Bank Holdings Corporation.

Intrinsic Value
Current Price: $41.77

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$4.9B
+ Cash & Equivalents$417.1M
Firm Value$5.3B
- Debt$71.9M
Equity Value$5.2B
/ Shares Outstanding37,819,913B
DCF Value$137
UNDERVALUED BY 229%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$178.3M
$195.8M
$215.0M
$236.0M
$259.1M
$284.5M
$312.4M
$343.0M
$376.6M
$413.4M
Maintenance CapEx
-$6.6M
-$7.2M
-$7.9M
-$8.7M
-$9.5M
-$10.5M
-$11.5M
-$12.6M
-$13.9M
-$15.2M
Owner Earnings
$171.8M
$188.6M
$207.0M
$227.3M
$249.6M
$274.0M
$300.9M
$330.3M
$362.7M
$398.2M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$159.0M
$161.7M
$164.4M
$167.1M
$169.9M
$172.7M
$175.6M
$178.5M
$181.4M
$184.4M
Terminal Value represents 64.6% of Enterprise Value