National Bank Holdings (NBHC)

• Market cap: $1.37B
• 1 day: 1.50%
• 5 days: -0.91%
• 1 month: -7.46%
• 3 months: -16.41%
• 6 months: -21.19%
• Year to date: -14.74%
• 1 year: 7.49%
• 5 years: 35.47%
• 10 years: 87.95%
• Sector: Financials
• Industry: Banks - Regional

About: National Bank Holdings Corp is a bank holding company. It provides various banking products and financial services to commercial, business, and consumer clients in the United States. The company offers deposit products including checking accounts, savings accounts, money market accounts, and other deposit accounts, including fixed-rate and fixed-maturity time deposits. It also provides commercial and industrial loans and leases. In addition, it offers treasury management solutions comprising online and mobile banking, commercial credit cards, wire transfers, automated clearing house, and electronic bill payments.

Employees: 1,309

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

140% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 10

76% more call options, than puts

Call options by funds: $30K | Put options by funds: $17K

15% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 53

9% more funds holding

Funds holding: 152 [Q3] → 166 (+14) [Q4]

1% more capital invested

Capital invested by funds: $1.59B [Q3] → $1.6B (+$11M) [Q4]

1.31% less ownership

Funds ownership: 99.31% [Q3] → 98.01% (-1.31%) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $42 17% upside
• Avg. target: $43 19% upside
• High target: $43 20% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

DA Davidson Jeff Rulis 23% 1-year accuracy 3 / 13 met price target	17% upside $42	Buy Maintained	23 Apr 2025
Hovde Group Brett Rabatin 33% 1-year accuracy 1 / 3 met price target	20% upside $43	Market Perform Maintained	2 Apr 2025