National Bank reports Q1 adjusted EPS 72c, consensus 65c

Reports Q1 tangible book value per share $26.01. Reports Q4 CET1 capital ratio 12.51%. Chief Executive Officer Tim Laney shared, “We delivered solid first quarter results, with adjusted earnings of $0.72 per diluted share and a net interest margin of 4.06%. Record quarterly loan fundings of $805.5 million drove organic loan growth of 12.4% annualized. Adjusted pre-provision net revenue increased 21.7% from the prior quarter, reflecting strong core performance and the successful close of our strategic acquisition.”