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
3Y-24.0%
5Y-2715.0%
10Y-4226.0%
3Y-125.0%
5Y-222.0%
10Y+63.0%
3Y-48.0%
5Y-109.0%
10Y-52.0%
NBHC

National Bank Holdings Corporation Cash Conversion Engine

NBHC ยท NYSE
Net Income109.57M
Depreciation & Amortization25.33M
Stock-Based Compensation7.25M
Change in Working Capital-14.79M
Others10.49M
Capital Expenditures-29.92M
Free Cash Flow132.50M

Cash Flow Quality Analysis

FCF Conversion Rate

120.9%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

18.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+9.8%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$14.79M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

National Bank Holdings Corporation Cash Flow Statement

NBHC โ€ข NYSE

National Bank Holdings Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
OPERATING ACTIVITIES
109.6M
118.8M
142M
71.3M
93.6M
88.6M
80.4M
61.5M
14.6M
23.1M
4.9M
9.2M
6.9M
-543K
42M
6.1M
-1.5M
25.3M
24.2M
23.9M
16.4M
13.6M
14.4M
15M
11.5M
12.9M
14.2M
15.5M
15.9M
15.8M
12.3M
7M
228K
0.0
24.6M
0.0
0.0
0.0
-226K
3.5M
8.8M
9.1M
17.2M
-176K
-4.2M
-15.8M
-1.6M
-23.2M
-1.9M
2.6M
0.0
7.3M
8M
7.2M
6.1M
5.5M
5.3M
4.9M
4.4M
3.6M
3.5M
3.3M
3.6M
4.9M
13.1M
12.6M
16.6M
0.0
10.5M
-1.4M
3.7M
152.3M
105.9M
-122.8M
-80.2M
-37M
-24.1M
-34.4M
-21.2M
-20.6M
-70.3M
-32.4M
-102.1M
-37M
0.0
(0.0)
(20.8M)
(32.8M)
(11.3M)
(15.4M)
(22.1M)
(9.3M)
(2.3M)
(127K)
(2.2M)
(7.4M)
(8.1M)
(26.2M)
(45.7M)
(16.8M)
(685K)
(0.0)
-14.8M
5.7M
-9.9M
-31.4M
-38.9M
4.8M
15.3M
24.1M
33.9M
-10.2M
-36M
5M
18.7M
-100M
23.3M
-7.5M
-411K
162.4M
155.3M
166.9M
214.6M
179.5M
-6.2M
44.2M
73.6M
58.1M
-3.9M
-37.6M
-2.8M
-25.6M
-130.8M
-19.2M
-19.1M
-1.9M
INVESTING ACTIVITIES
(0.0)
-34.6M
-36.8M
-12.4M
(5.1M)
-4.4M
-11.2M
-6.3M
-5.6M
(690K)
-5.1M
-1.6M
-6.8M
-41.1M
-21.8M
-950K
-80K
(0.0)
(0.0)
-45.3M
(234.3M)
(0.0)
(0.0)
(0.0)
(69M)
(0.0)
(0.0)
(22.8M)
(0.0)
(0.0)
(0.0)
(636.9M)
(1.5B)
(0.0)
-472M
-241.1M
-108.6M
-398.8M
-714M
-574.4M
-74.6M
-118M
-202.7M
-4.9M
-6.2M
(0.0)
-945.7M
-1.1B
-1.5B
-460.2M
(0.0)
190.4M
410.3M
261.6M
407.9M
399.8M
373.3M
291.5M
313.1M
295.9M
372.3M
454M
438.5M
728.3M
690.7M
504M
77.1M
0.0
468.1M
-69.9M
-474.9M
-983M
-164.7M
52.9M
-320.7M
-359.8M
-266.1M
-253.5M
-283.2M
-240.1M
143.7M
616.7M
567M
65.9M
0.0
(186.5M)
(64.7M)
-404M
-752.1M
-473.8M
-152.6M
-115.1M
-102M
-178.5M
(114.6M)
(182.3M)
(196.8M)
-80.5M
(132.3M)
(205.5M)
(1.2B)
-80K
FINANCING ACTIVITIES
-15.1M
3.6M
-917K
-379K
-36.4M
-19.5M
-3.4M
6.8M
-8.3M
-93.6M
-175M
-119.4M
-146.7M
-4K
2K
-127.6M
1.1B
-51.5M
-290M
-45M
385M
40M
-207.7M
-94M
138.7M
90.5M
-1.3M
3M
40M
45.9M
6.1M
-118.7M
-72.3M
0.0
-46.1M
-42.9M
-39.6M
-30.4M
-26.9M
-24.8M
-23.5M
-16.6M
-9.4M
-6.4M
-6.7M
-8.5M
-10.1M
-2.6M
(0.0)
(0.0)
(0.0)
-15.2M
(0.0)
(0.0)
(0.0)
-36.4M
-19.5M
(0.0)
(772K)
-93.6M
-93.6M
-175M
-119.4M
-146.7M
-4K
(0.0)
-127.6M
(0.0)
53M
45M
316.5M
-468.4M
552.3M
906.1M
192.4M
-238.3M
152.2M
-22.7M
-56.8M
-38.7M
-362.6M
-863.9M
-347.2M
-146.6M
0.0
-59.7M
-284.4M
230.9M
-114.2M
529M
654.2M
71.4M
-109.4M
225M
-124M
-235.6M
-126.6M
-473.7M
-860.5M
-465.9M
-346.5M
1.1B
CASH FLOW SUMMARY
289.2M
-64.5M
-6.2M
-651.7M
234.7M
495.4M
634K
-137.8M
104.6M
-13.4M
-90.9M
67.5M
-579.7M
-859M
-279.6M
808.4M
1.1B
127.8M
192.3M
198.5M
850.2M
615.6M
120.2M
119.6M
257.4M
152.7M
166.1M
257M
189.5M
769.2M
1.6B
1.9B
1.1B
0.0
417.1M
127.8M
192.3M
198.5M
850.2M
615.6M
120.2M
119.6M
257.4M
152.7M
166.1M
257M
189.5M
769.2M
1.6B
1.9B
1.1B
132.5M
120.7M
130.1M
202.2M
179.5M
-10.6M
33M
67.3M
52.5M
-3.9M
-42.7M
-4.3M
-32.4M
-171.9M
-41M
-20M
-2M

SEC Filings

NBHC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 12, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 21, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 03, 2026
May 07, 2026
2026
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 19, 2026
February 13, 2026
2026
8-K

8-K 2026

N/A

February 11, 2026
February 11, 2026
2026
8-K

8-K 2026

N/A

February 10, 2026
February 10, 2026
2026
Showing 1 to 10 of 334 filings