National Bank Holdings (NBHC) Stock

The U.S. Federal Reserve roiled markets Wednesday after raising its inflation outlook and signaling fewer rate cuts next year. A stronger U.S. dollar on the back of higher interest rates — and potentially inflationary tariffs from President-elect Donald Trump — make the outlook for policy easing around the world more uncertain.

DENVER, Dec. 18, 2024 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC, or the “Company”) announced today that it sold approximately $130 million of available-for-sale (“AFS”) investment securities on the open market. The securities sale is part of the Company's strategy to proactively maximize the balance sheet with the goal of driving future earnings. The securities sold represented approximately 20% of the Company's AFS portfolio and resulted in an after-tax loss of approximately $5 million that will be recorded in the fourth quarter of 2024. Proceeds from the sale will be redeployed over time into higher yielding securities.

National Bank of Canada is set to expand nationwide with its acquisition of Canadian Western Bank, enhancing its presence outside Quebec and boosting growth potential. The acquisition, valued at $5B, is expected to close in late 2025, offering significant synergies and immediate net interest income increase. National Bank's strong historical performance, with higher returns on equity and solid earnings growth, positions it well for further expansion and shareholder value.

National Bank Holdings (NBHC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Does National Bank Holdings (NBHC) have what it takes to be a top stock pick for momentum investors? Let's find out.

A slew of Governing Council members spoke to CNBC's Karen Tso at the International Monetary Fund's annual meeting in Washington, D.C. this week.

National Bank Holdings Corporation (NYSE:NBHC ) Q3 2024 Earnings Conference Call October 23, 2024 11:00 AM ET Company Participants Emily Gooden - Chief Accounting Officer and Director, Investor Relations Timothy Laney - Chairman, and Chief Executive Officer Nicole Van Denabeele - Chief Financial Officer Aldis Birkans - President Conference Call Participants Jeff Rulis - D.A. Davidson Kathleen Ashley - KBW Andrew Terrell - Stephens Andrew Liesch - Piper Sandler Operator Good morning, everyone, and welcome to the National Bank Holdings Corporation 2024 Third Quarter Earnings Call.

National Bank Holdings (NBHC) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.94 per share a year ago.

DENVER, Oct. 22, 2024 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC) reported:                                     For the quarter(1)   For the year(1)     3Q24   2Q24   3Q23   2024   2023 Net income ($000's)   $ 33,105     $ 26,135     $ 36,087     $ 90,631     $ 108,927   Earnings per share - diluted   $ 0.86     $ 0.68     $ 0.94     $ 2.36     $ 2.85   Return on average assets     1.32 %     1.06 %     1.46 %     1.22 %     1.50 % Return on average tangible assets(2)     1.43 %     1.17 %     1.58 %     1.33 %     1.61 % Return on average equity     10.33 %     8.46 %     12.26 %     9.70 %     12.71 % Return on average tangible common equity(2)     14.84 %     12.44 %     18.38 %     14.14 %     18.81 %                                                        (1 )   Ratios are annualized. (2 )   See non-GAAP reconciliations below.