National Bank reports Q3 EPS 92c, consensus 85c

Reports Q3 tangible book value per share $27.45. Reports Q3 CEt1 capital ratio 14.7%. Reports Q3 net charge-offs .05%. In announcing these results, CEO Tim Laney shared, “We delivered quarterly earnings of $0.96 per diluted share and a return on average tangible common equity of 14.72%, adjusted for acquisition-related expenses. We maintained a strong net interest margin of 3.98% and continue to be disciplined with loan and deposit pricing. Credit quality remained solid with an improving non-performing loans ratio and five basis points of net recoveries. We continue to generate meaningful capital growth with a Common Equity Tier 1 capital ratio of 14.7% and 12.2% annualized growth in our tangible common book value per share.”