National Bank Holdings Corp ( (NBHC) ) has released its Q1 earnings. Here is a breakdown of the information National Bank Holdings Corp presented to its investors.
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National Bank Holdings Corporation is a bank holding company that operates a network of over 90 banking centers across several states in the U.S., providing services to individual consumers, businesses, and government entities. The company is recognized for its commitment to client service and building a strong community bank franchise.
In the first quarter of 2025, National Bank Holdings Corporation reported a net income of $24.2 million, or $0.63 per diluted share, which was impacted by a significant provision expense due to a loan charge-off related to suspected fraud. Despite this, the company maintained a solid net interest margin and saw improvements in past dues and non-performing loan ratios.
Key financial metrics for the quarter included a return on average tangible assets of 1.09% and a return on average tangible common equity of 10.64%. The company’s net interest income was $88.6 million, and its loan portfolio totaled $7.6 billion. The provision expense for credit losses increased to $10.2 million, primarily due to the aforementioned charge-off. Meanwhile, the company’s capital ratios remained strong, with a common equity tier 1 capital ratio of 13.61%.
Looking forward, National Bank Holdings Corporation remains focused on maintaining a strong balance sheet and making strategic investments in technology to enhance shareholder returns. The company is well-positioned to navigate uncertain economic conditions and continues to prioritize client service and operational efficiency.