NBHC

NEUTRAL

$42.22 Live

National Bank Holdings Corporation · NYSE

Target $48.25 (+14.3%)

$35.06 52W Range $43.86

NBHC National Bank Holdings Corporation - Fundamental Analysis

NEUTRAL

Console Chart News

NBHC Stock | Fundamental Analysis & Investment Insights

NYSE • Financial Services • Banks - Regional

Current Price Live

$42.22

Analyst Target

$48.25

+14.3% Upside

52W High

$43.86

52W Low

$35.06

Overview AI Snowflake Price Valuation Profitability Growth Health Peers Insiders SEC Filings

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 30, 2026

Market cap

$1.89B

P/E

15.75

ROE

7.1%

Profit margin

24.7%

Debt/Equity

N/A

Dividend yield

3.03%

AI Analysis

AI-powered fundamental assessment

Confidence

85%

NBHC presents a contradictory profile characterized by a very weak Piotroski F-Score of 2/9, indicating significant deterioration in fundamental financial health. While the stock trades below its Graham Number ($47.02), suggesting defensive value, it is priced far above its growth-based intrinsic value ($18.76). Strong top-line revenue growth (33.7%) is currently offset by a sharp decline in earnings growth (-27%), creating a divergence between scale and profitability. Despite bullish analyst targets, the combination of poor health scores, bearish insider sentiment, and negative earnings momentum warrants a cautious approach.

Key Strengths

Trades below the Graham Number ($47.02), providing a defensive valuation floor

Strong year-over-year revenue growth of 33.70%

Attractive and sustainable dividend profile with a 45.90% payout ratio

Low Price-to-Book ratio (1.15) relative to typical regional bank premiums

Positive analyst consensus with a target price of $48.25

Key Risks

Critical financial health warning indicated by a Piotroski F-Score of 2/9

Significant earnings contraction with YoY growth at -27.00%

Bearish insider activity with net selling in the last 6 months

Strongly bearish technical trend (10/100)

Divergence between revenue growth and net income, suggesting margin compression

AI Fair Value Estimate

Based on comprehensive analysis

$32.89

-22.1% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall

Moderate

Value

Future

Past

Health

Dividend

AI Verdict

Cautionary Value Trap

Key drivers: Piotroski F-Score (2/9), Earnings Growth (-27%), Graham Number ($47.02), Revenue Growth (33.7%)

Confidence

80%

Value

65/100

Ref P/E 15.75, PEG 1.57, Graham Number $47.02

Positives

P/B of 1.15 is low
Current price is below Graham Number

Watchpoints

Price is significantly higher than growth-based intrinsic value ($18.76)

Future

40/100

Ref Revenue Growth 33.7% vs Earnings Growth -27%

Positives

High revenue growth

Watchpoints

Negative earnings growth
Negative Q/Q earnings growth

Past

55/100

Ref 1Y Change +19.6%

Positives

Strong 1Y and 6M price performance

Watchpoints

Inconsistent earnings surprises in recent quarters

Health

20/100

Ref Piotroski F-Score 2/9

Positives

No standout positives identified.

Watchpoints

Piotroski F-Score of 2/9 indicates weak financial health

Dividend

75/100

Ref Yield 3.03%, Payout 45.90%

Positives

Sustainable payout ratio
Consistent yield

Watchpoints

No urgent risks highlighted.

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price

$42.22

Analyst Target

$48.25

Upside/Downside

+14.3%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for NBHC and closest competitors.

Updated 2026-04-29

Company	5Y	3Y	1Y	6M	1M	1W
NBHC National Bank Holdings Corporation Primary	+21.2%	+48.5%	+19.6%	+19.9%	+10.1%	+1.7%
FCF First Commonwealth Financial Corporation Peer	+53.6%	+73.5%	+26.2%	+14.9%	+7.7%	-1.0%
AGM Federal Agricultural Mortgage Corporation Peer	+153.5%	+48.7%	-9.9%	-0.9%	-3.9%	-0.9%
QFIN Qfin Holdings, Inc. Peer	-31.6%	-12.4%	-58.1%	-44.0%	+7.0%	+4.0%
EVT Eaton Vance Tax-Advantaged Dividend Income Fund Peer	+41.6%	+47.7%	+26.1%	+8.6%	+5.2%	-1.1%

NBH

National Bank Holdings Corporation

Primary

+21.2%

+48.5%

+19.6%

+19.9%

+10.1%

+1.7%

FCF

First Commonwealth Financial Corporation

Peer

+53.6%

+73.5%

+26.2%

+14.9%

+7.7%

-1.0%

AGM

Federal Agricultural Mortgage Corporation

Peer

+153.5%

+48.7%

-9.9%

-0.9%

-3.9%

-0.9%

QFI

Qfin Holdings, Inc.

Peer

-31.6%

-12.4%

-58.1%

-44.0%

+7.0%

+4.0%

EVT

Eaton Vance Tax-Advantaged Dividend Income Fund

Peer

+41.6%

+47.7%

+26.1%

+8.6%

+5.2%

-1.1%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

15.75

10.23

1.57

1.15

4.4

3.78

N/A

$1.89B

Profitability

Profit margins and return metrics

Profit Margin 24.73%

Operating Margin 23.14%

Gross Margin N/A

ROE 7.09%

ROA 0.94%

Growth

Revenue and earnings growth rates

Revenue Growth +33.7%

Earnings Growth -27.0%

Q/Q Revenue Growth -0.43%

Q/Q Earnings Growth -14.2%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity

N/A

Current Ratio

N/A

Quick Ratio

N/A

Cash/Share

$10.65

Quarterly Earnings History

EPS performance vs analyst estimates

2026-07-28

$N/A

2026-04-21

$0.72

+10.8% surprise

2026-01-27

$0.6

-26.6% surprise

2025-10-21

$0.92

+8.2% surprise

Financial Services Sector Comparison

Comparing NBHC against 915 companies in the Financial Services sector (148 bullish, 394 neutral, 373 bearish)

P/E Ratio

15.75

This Stock

34.57

Sector Avg

-54.4% (Discount)

Return on Equity (ROE)

7.09%

This Stock

0.12%

Sector Avg

+5792.0% (Excellent)

Profit Margin

24.73%

This Stock

92.09%

Sector Avg

-73.1% (Weaker)

Revenue Growth

33.7%

This Stock

33.99%

Sector Avg

-0.9% (Slower)

Similar Companies

Peer comparison within the same industry

Company	AI Rating	Market Cap	P/E	ROE	Profit Margin	Price
NBHC National Bank Holdings Corporation	NEUTRAL	$1.89B	15.75	7.1%	24.7%	$42.22
FCF First Commonwealth...	NEUTRAL	$1.9B	12.67	10.3%	31.4%	$18.62	Compare
AGM Federal Agricultural...	NEUTRAL	$1.87B	10.02	13.7%	57.2%	$171.22	Compare
QFIN Qfin Holdings, Inc.	BULLISH	$1.86B	2.19	24.7%	31.2%	$14.13	Compare
EVT Eaton Vance Tax-Advantaged...	NEUTRAL	$1.91B	10.27	9.4%	276.4%	$25.67	Compare

NBHC National Bank...

NEUTRAL

Mkt Cap

$1.9B

P/E

15.8

ROE

7.1%

Price

$42.22

Compare with NBHC

Compare with NBHC

QFIN Qfin Holdings, Inc.

Compare with NBHC

Compare with NBHC

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

Date	Insider	Position	Transaction	Shares	Value
2026-03-17	LANEY G TIMOTHY	Chief Executive Officer	Stock Award	33,326	-
2026-03-17	NEWFIELD RICHARD U JR	Officer	Stock Award	2,781	-
2026-03-17	BIRKANS ALDIS	President	Stock Award	15,523	-
2026-03-17	VAN DENABEELE NICOLE	Chief Financial Officer	Stock Award	5,821	-
2026-03-17	PETRUCCI ANGELA NICOLE	Officer	Stock Award	4,178	-
2026-03-17	GOODEN EMILY	Officer	Stock Award	517	-
2026-03-17	SZNEWAJS DANIEL L	Officer and Treasurer	Stock Award	3,250	-
2026-02-27	LANEY G TIMOTHY	Chief Executive Officer	Stock Award	9,075	-
2026-02-27	NEWFIELD RICHARD U JR	Officer	Stock Award	2,104	-
2026-02-27	BIRKANS ALDIS	President	Stock Award	2,971	-
2026-02-27	VAN DENABEELE NICOLE	Chief Financial Officer	Stock Award	568	-
2026-02-27	PETRUCCI ANGELA NICOLE	Officer	Stock Award	1,402	-
2026-02-24	PETRUCCI ANGELA NICOLE	Officer	Option Exercise	675	$13,203
2026-02-11	BIRKANS ALDIS	President	Option Exercise	3,080	$60,245
2026-01-07	LANEY G TIMOTHY	Chief Executive Officer	Stock Award	377,724	-

LANEY G TIMOTHY

Chief Executive Officer

Stock Award

2026-03-17

33,326 shares

NEWFIELD RICHARD U JR

Officer

Stock Award

2026-03-17

2,781 shares

BIRKANS ALDIS

President

Stock Award

2026-03-17

15,523 shares

VAN DENABEELE NICOLE

Chief Financial Officer

Stock Award

2026-03-17

5,821 shares

PETRUCCI ANGELA NICOLE

Officer

Stock Award

2026-03-17

4,178 shares

GOODEN EMILY

Officer

Stock Award

2026-03-17

517 shares

SZNEWAJS DANIEL L

Officer and Treasurer

Stock Award

2026-03-17

3,250 shares

LANEY G TIMOTHY

Chief Executive Officer

Stock Award

2026-02-27

9,075 shares

NEWFIELD RICHARD U JR

Officer

Stock Award

2026-02-27

2,104 shares

BIRKANS ALDIS

President

Stock Award

2026-02-27

2,971 shares

VAN DENABEELE NICOLE

Chief Financial Officer

Stock Award

2026-02-27

568 shares

PETRUCCI ANGELA NICOLE

Officer

Stock Award

2026-02-27

1,402 shares

PETRUCCI ANGELA NICOLE

Officer

Option Exercise

2026-02-24

675 shares · $13,203

BIRKANS ALDIS

President

Option Exercise

2026-02-11

3,080 shares · $60,245

LANEY G TIMOTHY

Chief Executive Officer

Stock Award

2026-01-07

377,724 shares

Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

8-K

2026-04-21

NBHC likely filed this 8-K to announce its first quarter financial results for 2026.

DEF 14A

2026-04-03

NBHC filed a definitive proxy statement (DEF 14A) on April 3, 2026, providing shareholders with necessary information and voting materials for the upcoming annual meeting.

10-K

2026-02-24

NBHC filed its annual 10-K report on February 24, 2026. The provided excerpts do not contain specific financial data or detailed risk disclosures, as only page references for the Business, Risk Factors, and MD&A sections were included.

8-K

2026-02-19

NBHC filed an 8-K on February 19, 2026, likely to announce its fourth-quarter and full-year financial results.

8-K

FORM 8-K

2026-02-11

NBHC Holdings Corp filed an 8-K likely to announce its fourth-quarter and full-year financial results for the fiscal year ended December 31, 2025.

8-K

2026-02-10

NBHC filed an 8-K on February 10, 2026, likely to announce its financial results for the fiscal year ended December 31, 2025.

8-K

FORM 8-K

2026-02-05

Northwest Bancorp, Inc. filed an 8-K on February 5, 2026, likely to announce its fourth-quarter and full-year financial results.

8-K

FORM 8-K

2026-02-04

Northwest Bancorp, Inc. likely reported its fourth-quarter and full-year financial results for 2025.

8-K

2026-01-27

NBHC filed an 8-K on January 27, 2026, likely to announce its quarterly or annual financial results.

8-K

FORM 8-K

2026-01-07

NBHC Holdings Corp filed an 8-K likely to announce its fourth-quarter and full-year financial results.

8-K

2025-12-23

8-K

2025-11-03

10-Q

2025-10-29

8-K

2025-10-29

8-K

2025-10-21

Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus

BUY

4 analysts

Piper Sandler

2026-04-27

Maintains

Overweight Overweight

DA Davidson

2026-04-22

Maintains

Buy Buy

DA Davidson

2026-04-06

Maintains

Buy Buy

DA Davidson

2026-02-19

Maintains

Buy Buy

DA Davidson

2026-01-29

Maintains

Buy Buy

DA Davidson

2026-01-28

Maintains

Buy Buy

Past News Coverage

Recent headlines mentioning NBHC from our newsroom.

Newest → oldest

Back to All Stocks

TradingGPT V2 Copilot

Fundamentals • Valuation • Risk

Hi! I'm your fundamentals copilot.

Ask me to:
• Summarize the business quality
• Review valuation and multiples
• Highlight risks and red flags
• Explain growth and margin trends

NBHC

NBHC National Bank Holdings Corporation - Fundamental Analysis

At a glance

AI Analysis

Key Strengths

Key Risks

Performance Snowflake

Stock Price & Analyst Targets

Multi-Horizon Performance vs Peers

Historical Performance Trends

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Valuation Metrics

Profitability

Growth

Financial Health

Quarterly Earnings History

Financial Services Sector Comparison

Similar Companies

Recent Insider Trading

SEC Filings

Wall Street Analysts

Past News Coverage

Wait — Don't Miss Out!