National Bank Holdings (NB9) AI Stock Analysis

National Bank Holdings

(Frankfurt:NB9)

Rating:―N/A

Action:N/A

Date:―

No summary available

Positive Factors

Capital strengthStrong capital ratios provide a durable buffer against credit losses and support continued lending through changing conditions. This financial resilience also preserves flexibility for investment, dividends, and selective share repurchases while keeping the bank comfortably above regulatory requirements.

Negative Factors

Credit deteriorationHigher provisions, non-performing assets, and criticized loans indicate that credit risk is currently consuming earnings and could require additional loss absorption. Concentration in franchise and healthcare exposures makes portfolio performance an important constraint on near-term profitability and capital efficiency.

National Bank Holdings (NB9) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 1.66B
Dividend Yield: 3.27%
Average Volume (3M): ―
Price to Earnings (P/E): 25.8
Beta (1Y): 0.41
Revenue Growth: 8.67%
EPS Growth: -62.03%
Country: Germany
Employees: 1,276
Sector: Financial
Sector Strength: 68
Industry: Banks - Regional

National Bank Holdings Business Overview & Revenue Model

Company Description

National Bank Holdings Corporation (NBHC) serves as the parent company for NBH Bank, providing a comprehensive range of banking products and financial services to commercial businesses and individual consumers across the United States. The bank offer...

National Bank Holdings Earnings Call Summary

Earnings Call Date:Oct 26, 2026(Q3-2026)|% Change Since:-4.68%|Next Earnings Date:Jan 25, 2027

Earnings Call SentimentNeutral

The call was mixed. The company reported strong loan and deposit growth, a 4% net interest margin, solid capital levels, recurring fee momentum, completed systems integration, and meaningful expense-reduction actions. However, those positives were offset by a disappointing quarter of concentrated credit losses, higher non-performing and criticized assets, a fintech investment impairment, and pressure on residential mortgage gain-on-sale activity. Management expressed confidence that the credit issues were addressed and that charge-offs would normalize, resulting in a balanced overall tone.

Positive Updates

Disciplined Deposit and Funding Costs

Deposit costs increased only 1 basis point during the quarter, and the company ended September with a low cost of deposits of 1.96%. Total cost of funds increased 2 basis points to 2.03%, while the loan-to-deposit ratio ended the quarter at 93.8%.

Negative Updates

Elevated Net Charge-Offs and Provision Expense

The company recorded $40.6 million of provision expense to cover elevated net charge-offs. Third-quarter net charge-offs totaled $46.3 million, reflecting actions taken on specific commercial loans following adverse credit events.

Company Guidance

Management expects fourth quarter fee income to be in the range of $17 million-$18 million, core non-interest expense in the range of $75 million-$77 million, a clean expense run rate, quarterly earnings in excess of $1 per share in the fourth quarter, normalized levels of net charge-offs going forward, and to hold a 4% margin for Q4. The company remains on track to deliver 10% loan growth for full year 2026, which would take total loans outstanding to above $10.1 billion by year-end, while organizational changes are expected to reduce operating expenses by approximately $4 million annually. The Palm Beach sale is expected to have minimal impact to EPS and remove about $2 million of operating expense on an annualized basis.

National Bank Holdings Risk Analysis

National Bank Holdings disclosed 35 risk factors in its most recent earnings report. National Bank Holdings reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

0 New Risks

National Bank Holdings Peers Comparison

Overall Rating

UnderperformOutperform

Sector (68)

Financial Indicators

DE:NB9 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GABC	83Outperform	$1.84B	12.62	12.39%	2.49%	12.24%	35.76%
BY	80Outperform	$1.72B	11.16	12.02%	1.25%	2.04%	22.06%
QCRH	76Outperform	$1.65B	11.84	12.50%	0.40%	3.11%	18.83%
EFSC	72Outperform	$2.21B	12.31	9.35%	2.17%	1.68%	-3.12%
FSUN	68Neutral	$1.78B	19.59	4.14%	―	44.68%	-37.79%
Sector *	68Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

* Financial Sector Average

Performance Comparison

DE:NB9 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:NB9	National Bank Holdings Corp	32.60	3.36	11.48%
EFSC	Enterprise Financial Services	61.81	10.59	20.68%
GABC	German American Bancorp	48.95	11.05	29.16%
QCRH	QCR Holdings	101.38	26.43	35.27%
BY	Byline Bancorp	38.50	11.99	45.24%
FSUN	FirstSun Capital Bancorp	39.17	5.72	17.10%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

National Bank Holdings AI Stock Analysis