National Bank Holdings Corporation (NYSE:NBHC) posted its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.04), Briefing.com reports. National Bank Holdings Corporation had a net margin of 17.13% and a return on equity of 6.40%. The firm had revenue of $47.45 million for the quarter, compared to the consensus estimate of $48.90 million. During the same quarter last year, the firm earned $0.30 EPS.
National Bank Holdings Corporation (NYSE NBHC) traded up 1.02% on Friday, hitting $33.57. 91,196 shares of the stock were exchanged. National Bank Holdings Corporation has a 52-week low of $23.56 and a 52-week high of $37.08. The stock’s 50 day moving average price is $34.23 and its 200 day moving average price is $32.89. The firm has a market cap of $899.37 million, a PE ratio of 26.43 and a beta of 0.69.
NBHC has been the topic of a number of analyst reports. DA Davidson reiterated a “neutral” rating on shares of National Bank Holdings Corporation in a research report on Friday, July 21st. BidaskClub cut shares of National Bank Holdings Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Piper Jaffray Companies initiated coverage on shares of National Bank Holdings Corporation in a research report on Tuesday, July 11th. They set a “neutral” rating and a $35.00 price objective on the stock. Zacks Investment Research cut shares of National Bank Holdings Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Finally, Sandler O’Neill upgraded shares of National Bank Holdings Corporation from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a research report on Friday, August 18th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. National Bank Holdings Corporation currently has an average rating of “Hold” and a consensus price target of $35.00.
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About National Bank Holdings Corporation
National Bank Holdings Corporation (NBH) is a bank holding company. Through Bank Midwest, N.A. (Bank Midwest), NBH’s primary business is to offer a range of products and financial services to both its commercial and consumer customers, located in Kansas, Missouri and Colorado. The Company offers an array of lending products to cater to the customers’ needs, including, but not limited to, small business loans, equipment loans, term loans, asset-backed loans, letters of credit, commercial lines of credit, residential mortgage loans, home equity and consumer loans.
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