National Bank Holdings Corporation logo NBHC - National Bank Holdings Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 7
SELL 1
STRONG
SELL
0
| PRICE TARGET: $52.00 DETAILS
HIGH: $52.00
LOW: $52.00
MEDIAN: $52.00
CONSENSUS: $52.00
UPSIDE: 23.72%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue
Revenue 583.9 594.3 553.6 346.5 306.2 353.9 327.8 292.2 203.6 200.4 206.3 232.6 226.7 269.7 228.0 23.4 0.5
Cost of Revenue 180.0 199.6 141.8 54.6 4.5 42.7 48.4 29.2 31.1 38.5 26.9 20.6 20.8 57.2 61.7 5.6 0
Gross Profit 404.0 394.7 411.8 291.9 301.6 311.2 279.4 263.0 172.5 162.0 179.4 211.9 205.9 212.5 166.3 17.8 0.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 154.6 155.6 148.7 130.9 131.9 145.1 136.4 132.0 92.8 91.5 118.3 140.1 109.7 110.1 90.9 27.3 1.8
Other Expenses 106.7 93.8 87.5 74.8 54.8 56.7 46.7 57.3 43.9 44.4 53.2 59.5 85.4 98.3 6.0 (18.5) 0.1
Operating Expenses 261.2 249.4 236.2 205.8 186.7 201.8 183.2 189.3 136.7 136.0 171.5 199.6 195.0 208.5 96.9 8.8 1.8
Operating Income
Operating Income 142.7 145.2 175.6 86.2 115.0 109.4 96.2 73.7 35.9 26.0 7.9 12.3 10.9 4.0 69.4 9.0 (1.4)
Interest Expense 171.3 192.9 133.5 17.9 13.8 25.1 36.8 24.0 18.1 14.8 14.5 14.4 16.5 29.2 41.7 5.5 0
Interest Income 517.9 536.4 492.2 283.7 201.0 216.8 240.8 221.4 164.4 160.4 170.2 183.5 193.9 231.9 196.0 21.4 0.5
Profitability
EBITDA 164.5 169.4 199.5 102.6 128.6 123.8 111.2 85.2 48.8 40.2 23.4 28.3 26.7 16.3 76.9 9.2 (1.4)
EBIT 142.7 145.2 175.6 86.2 115.0 109.4 96.2 73.7 35.9 26.0 7.9 12.3 10.9 4.0 74.7 9.0 (1.4)
Income Before Tax 133.6 145.2 175.6 86.2 115.0 109.4 96.2 73.7 35.9 26.0 7.9 12.3 10.9 4.0 69.4 9.0 (1.4)
Income Tax Expense 24.1 26.4 33.6 14.9 21.4 20.8 15.8 12.2 21.3 2.9 3.0 3.2 4.0 4.6 27.4 3.0 0.2
Net Income 109.6 118.8 142.0 71.3 93.6 88.6 80.4 61.5 14.6 23.1 4.9 9.2 6.9 (0.5) 42.0 6.1 (1.5)
Per Share Data
EPS (Basic) 2.86 3.10 3.74 2.20 3.04 2.87 2.57 2.00 0.54 0.81 0.14 0.22 0.14 -0.01 0.81 0.12 -0.03
EPS (Diluted) 2.85 3.08 3.72 2.18 3.01 2.85 2.55 1.96 0.53 0.79 0.14 0.22 0.14 -0.01 0.81 0.12 -0.03
Shares Outstanding 38.2 38.2 37.9 32.4 30.7 30.9 31.2 30.7 26.9 26.3 30.6 39.4 47.4 52.2 52.0 52.2 52.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009
Current Assets
Cash & Cash Equivalents 417.1 127.8 190.8 195.5 845.7 605.6 110.2 109.6 257.4 152.7 1.7
Short-Term Investments 528.6 527.5 628.8 706.3 691.8 662.0 638.2 791.1 855.3 884.2 0
Net Receivables 0 0 0 0 0 0 0 21.6 18.2 17.8 0
Inventory 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 945.7 655.4 819.7 901.8 1,537.5 1,267.5 748.4 922.3 1,131.0 1,054.8 1.7
Non-Current Assets
Property, Plant & Equipment 214.6 196.8 162.7 136.1 96.7 107.0 112.2 110.0 93.7 95.7 0.1
Goodwill 306.0 306.0 306.0 279.1 115.0 115.0 115.0 115.0 59.6 59.6 0
Intangible Assets 48.3 58.4 66.0 59.9 12.3 17.9 11.4 13.5 1.6 6.9 0
Long-Term Investments 0 8,262.8 8,254.3 7,855.9 5,211.8 4,918.4 4,676.7 4,361.6 3,424.1 3,200.2 0
Other Non-Current Assets 0 328.3 342.3 340.4 240.5 234.1 231.9 125.9 97.8 103.0 1,098.0
Total Non-Current Assets 568.9 9,152.3 9,131.4 8,671.4 5,676.5 5,392.4 5,147.1 4,754.4 3,712.5 3,518.3 1,098.1
Total Assets 9,883.5 9,807.7 9,951.1 9,573.2 7,214.0 6,659.9 5,895.5 5,676.7 4,843.5 4,573.0 1,099.9
Current Liabilities
Account Payables 0 0 0 0 0 0 0 7.0 5.8 5.0 0
Short-Term Debt 17.4 18.9 19.6 20.2 22.8 22.9 56.9 66.0 130.5 92.0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 3,441.2 8,237.9 8,190.4 7,872.6 6,228.2 5,676.2 4,737.1 4,535.6 3,979.6 3,868.6 0
Total Current Liabilities 3,458.6 8,256.8 8,210.0 7,892.8 6,250.9 5,699.1 4,794.1 4,629.3 4,132.0 3,978.7 0
Non-Current Liabilities
Long-Term Debt 54.5 104.5 394.2 438.9 39.5 0 207.7 301.7 129.1 38.7 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 4,985.3 141.3 134.0 149.3 83.5 140.1 126.8 50.7 50.0 19.5 2.4
Total Non-Current Liabilities 5,039.8 245.8 528.2 588.2 123.0 140.1 334.5 352.3 179.1 58.2 2.4
Total Liabilities 8,498.4 8,502.6 8,738.3 8,481.0 6,373.9 5,839.3 5,128.6 4,981.7 4,311.1 4,036.9 2.4
Stockholders' Equity
Common Stock 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6
Retained Earnings 572.5 508.9 433.1 330.7 289.9 223.2 164.1 107.0 60.8 55.5 (1.5)
Accumulated Other Comprehensive Income (44.0) (70.0) (76.4) (88.2) (7.0) 9.8 2.1 (11.3) (6.2) (1.8) 0
Total Stockholders' Equity 1,385.1 1,305.1 1,212.8 1,092.2 840.1 820.7 766.9 695.0 532.4 536.2 1,097.5
Total Liabilities & Equity 9,883.5 9,807.7 9,951.1 9,573.2 7,214.0 6,659.9 5,895.5 5,676.7 4,843.5 4,573.0 1,099.9
Debt Metrics
Total Debt 71.9 123.4 413.8 459.1 62.2 22.9 264.6 367.7 259.6 130.7 0
Net Debt (345.2) (4.4) 223.0 263.6 (783.4) (582.7) 154.4 258.2 2.2 (22.1) (1.7)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 109.6 118.8 142.0 71.3 93.6 88.6 80.4 61.5 14.6 23.1
Depreciation & Amortization 25.3 24.2 23.9 16.4 13.6 14.4 15.0 11.5 12.9 14.2
Stock-Based Compensation 7.3 8.0 7.2 6.1 5.5 5.3 4.9 4.4 3.6 3.5
Change in Working Capital (14.8) 5.7 (9.9) (31.4) (38.9) 4.8 15.3 24.1 33.9 (10.2)
Other Non-Cash Items 10.5 (1.4) 3.7 152.3 105.9 (122.8) (80.2) (37.0) (24.1) (34.4)
Operating Cash Flow 162.4 155.3 166.9 214.6 179.5 (6.2) 44.2 73.6 58.1 (3.9)
Investing Activities
Capital Expenditure (29.9) (34.6) (36.8) (12.4) 0 (4.4) (11.2) (6.3) (5.6) 0
Acquisitions 0 0 (45.3) 234.3 0 0 0 69.0 0 0
Purchases of Investments (472.0) (241.1) (108.6) (398.8) (714.0) (574.4) (74.6) (118.0) (202.7) (4.9)
Sales/Maturities of Investments 190.4 410.3 261.6 407.9 399.8 373.3 291.5 313.1 295.9 372.3
Other Investing Activities 468.1 (69.9) (474.9) (983.0) (164.7) 52.9 (320.7) (359.8) (266.1) (253.5)
Investing Cash Flow 186.5 64.7 (404.0) (752.1) (473.8) (152.6) (115.1) (102.0) (178.5) 114.6
Financing Activities
Net Debt Issuance (51.5) (290) (45) 385 40 (207.7) (94.0) 138.7 90.5 (1.3)
Stock Repurchased (15.2) 0 0 0 (36.4) (19.5) 0 0.8 (93.6) (93.6)
Dividends Paid (46.1) (42.9) (39.6) (30.4) (26.9) (24.8) (23.5) (16.6) (9.4) (6.4)
Other Financing Activities 53.0 45.0 316.5 (468.4) 552.3 906.1 192.4 (238.3) 152.2 (22.7)
Financing Cash Flow (59.7) (284.4) 230.9 (114.2) 529.0 654.2 71.4 (109.4) 225.0 (124.0)
Cash Position
Net Change in Cash 289.2 (64.5) (6.2) (651.7) 234.7 495.4 0.6 (137.8) 104.6 (13.4)
Cash at Beginning 127.8 192.3 198.5 850.2 615.6 120.2 119.6 257.4 152.7 166.1
Cash at End 417.1 127.8 192.3 198.5 850.2 615.6 120.2 119.6 257.4 152.7
Free Cash Flow 132.5 120.7 130.1 202.2 179.5 (10.6) 33.0 67.3 52.5 (3.9)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Income Statement
Revenue 583.9 594.3 553.6 346.5 306.2 353.9 327.8 292.2 203.6 200.4 206.3 232.6 226.7 269.7 228.0 23.4 0.5
Gross Profit 404.0 394.7 411.8 291.9 301.6 311.2 279.4 263.0 172.5 162.0 179.4 211.9 205.9 212.5 166.3 17.8 0.5
Operating Income 142.7 145.2 175.6 86.2 115.0 109.4 96.2 73.7 35.9 26.0 7.9 12.3 10.9 4.0 69.4 9.0 (1.4)
Net Income 109.6 118.8 142.0 71.3 93.6 88.6 80.4 61.5 14.6 23.1 4.9 9.2 6.9 (0.5) 42.0 6.1 (1.5)
EPS (Diluted) 2.85 3.08 3.72 2.18 3.01 2.85 2.55 1.96 0.53 0.79 0.14 0.22 0.14 -0.01 0.81 0.12 -0.03
Balance Sheet
Cash & Equivalents 417.1 127.8 190.8 195.5 845.7 605.6 110.2 109.6 257.4 152.7 1.7
Total Assets 9,883.5 9,807.7 9,951.1 9,573.2 7,214.0 6,659.9 5,895.5 5,676.7 4,843.5 4,573.0 1,099.9
Total Debt 71.9 123.4 413.8 459.1 62.2 22.9 264.6 367.7 259.6 130.7 0
Stockholders' Equity 1,385.1 1,305.1 1,212.8 1,092.2 840.1 820.7 766.9 695.0 532.4 536.2 1,097.5
Cash Flow
Operating Cash Flow 162.4 155.3 166.9 214.6 179.5 (6.2) 44.2 73.6 58.1 (3.9)
Capital Expenditure (29.9) (34.6) (36.8) (12.4) 0 (4.4) (11.2) (6.3) (5.6) 0
Free Cash Flow 132.5 120.7 130.1 202.2 179.5 (10.6) 33.0 67.3 52.5 (3.9)