National Bank Holdings Corporation is a bank holding company created to build a leading community bank franchise delivering high quality client service and committed to stakeholder results. Through its bank subsidiaries, NBH Bank and Bank of Jackson Hole Trust, National Bank Holdings Corporation operates a network of over 90 banking centers, serving individual consumers, small, medium and large businesses, and government and non-profit entities. Its banking centers are located in its core footprint of Color ...

Financial Data and Key Metrics Changes - The company reported quarterly earnings of $0.68 per diluted share, with a net interest margin of 3.7% and a 3.76% net interest margin for the quarter [6][9] - Net income for the second quarter was $26.1 million, with loan fundings totaling $505 million, resulting in an annualized loan growth of 8.1% [8][9] - Non-interest income for the quarter was $14 million, with a $3.9 million impairment related to venture capital investments [10][11] - Non-interest expense totaled $63.1 million, with an expected range of $127 million to $130 million for the second half of 2024 [11][12] - The tangible common equity ratio ended the quarter at 9.4%, with a tangible book value per share of $23.74 [12][14] Business Line Data and Key Metrics Changes - Loan production was granular, with an average commercial loan funding size of $1.3 million, and a strong pipeline for future growth [23] - The company experienced a decrease in non-performing loans and non-performing assets to the lowest levels since early 2023 [9][24] - The allowance to total loan ratio ended the quarter at 1.25%, with $25.4 million in marks against the acquired loan portfolio [24] Market Data and Key Metrics Changes - The company noted a stabilization and small recovery in drawdowns of unutilized lines of credit, indicating a positive trend in market demand [23] - There is a pent-up demand for mortgage banking activity, with expectations that a drop in interest rates could lead to increased activity [50] Company Strategy and Development Direction - The company is focused on building out its 2UniFi platform, with user acceptance testing expected to begin in the fourth quarter of 2024 [14] - The management emphasized the importance of investing in markets that are growing faster than the national average and maintaining a strong culture around credit risk management [34] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the current market conditions and the strong pipeline entering the third quarter [50] - The company is cautious about the trucking and transportation industry, which is under pressure, but sees strength in other sectors [51][52] Other Important Information - The company is exploring new product capabilities, including FDIC-insured deposit capabilities, to enhance its service offerings [58][59] - The management is committed to maintaining high underwriting standards despite market fluctuations [72] Q&A Session Summary Question: Can you provide insights on cash balances and margin? - Management indicated that cash balances are at sustainable levels and confirmed that the June average margin was consistent with the quarterly average [16][30] Question: What drove the decline in non-accrual loans? - The reduction in non-performers was largely due to one previously reserved credit, and administrative issues contributed to past dues [31][32] Question: How is the loan pipeline holding up? - The company reported a very strong pipeline and positive conversations in the small business and middle market sectors, with potential upside in mortgage banking if rates drop [50] Question: What is the outlook for fee income in the second half of the year? - Management expects a stable or slight moderation in fee income, primarily due to softer mortgage banking activity [60] Question: Any updates on M&A or buyback appetite? - Management is actively engaged in M&A discussions but is currently not considering buybacks due to market conditions [33][42]

This quarterly report represents an earnings surprise of -9.33%. A quarter ago, it was expected that this holding company for NBH Bank would post earnings of $0.79 per share when it actually produced earnings of $0.82, delivering a surprise of 3.80%. National Bank Holdings, which belongs to the Zacks Banks - Southeast industry, posted revenues of $97.6 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 4.70%. This compares to year-ago revenues of $103.61 million. The company ha ...

Exhibit 99.1 Denver, Colorado - (Globe Newswire) – National Bank Holdings Corporation (NYSE: NBHC) reported: | | For the quarter(1) | | | | | For the year(1) | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 1Q24 | 2Q24 | | 2Q23 | | 2024 | | | 2023 | | Net income ($000's) | $ | $ 26,135 | 31,391 | $ | 32,557 | | $ 57,526 | $ | 72,840 | | Earnings per share - diluted | $ | $ 0.68 | 0.82 | $ | 0.85 | | $ 1.50 | $ | 1.91 | | Return on average assets | | 1.06% | 1.28% | | 1.34% | | 1.17% ...

DENVER, July 23, 2024 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC) reported: Mr. Laney added, "We made meaningful progress resolving our non-performing loans. We continue to adhere to sound banking practices by maintaining a prudent approach to extending credit along with a granular and diversified loan portfolio. We believe our strong Common Equity Tier 1 capital ratio of 12.41%, ample liquidity position, and diversified funding sources provide strength in any economic environment an ...

Company Overview - Paper Mate is a leading writing brand with over 75 years of experience, known for its innovative writing instruments and commitment to inspiring joy [5]. - The brand is part of Newell Brands, which has a diverse portfolio of well-known consumer goods brands [5]. Marketing Campaign - To celebrate the National Day of Joy on June 26, 2024, Paper Mate is giving away 6,000 movie tickets to see Disney and Pixar's "Inside Out 2" [2][4]. - The total approximate retail value (ARV) of all prizes in the sweepstakes is $90,000 [4]. - The sweepstakes runs from June 26, 2024, to July 3, 2024, and is open to legal residents of the 50 U.S. states and D.C., aged 18 and older [4]. Product Promotion - Paper Mate's InkJoy Gel is the number one assorted gel pen in the U.S., and the brand recently expanded its InkJoy collection with the launch of the InkJoy Gel Bright! pens [4]. - The new pens are designed to enhance creative self-expression with vivid ink that stands out on both light and dark paper [4]. Collaboration with Disney and Pixar - The collaboration with Disney and Pixar for "Inside Out 2" aligns with Paper Mate's brand purpose of promoting joy and creativity [4]. - The film features a new character, Anxiety, voiced by Maya Hawke, alongside returning characters Joy, Sadness, Anger, Fear, and Disgust [5].

KANSAS CITY, Mo., May 17, 2024 (GLOBE NEWSWIRE) -- Bank Midwest, a division of NBH Bank, has named Charlie Koch as its new President, effective June 15, 2024. Koch will succeed Nicole Van Denabeele, who joined NBH Bank in 2018 as Chief Accounting Officer and has served as President of Bank Midwest since 2020. Van Denabeele is moving to Colorado for further career opportunities with NBH Bank. National Bank Holdings Corporation Chairman, President and CEO, Tim Laney, stated "Charlie assuming the President rol ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35654 NATIONAL BANK HOLDINGS CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

DENVER, May 01, 2024 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE:NBHC) announced today that its Board of Directors approved a cash dividend to shareholders. The quarterly cash dividend will increase 3.7% from twenty-seven cents ($0.27) to twenty-eight cents ($0.28) per share of common stock. The dividend will be payable on June 14, 2024 to shareholders of record at the close of business on May 31, 2024. "We are very pleased to be delivering another increase in our dividend, which represents ...

National Bank Holdings (NBHC) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.80%. A quarter ago, it was expected that this holding company for NBH Bank would post earnings of $0.84 per share when it actually produced earnings of $0.87, delivering a surprise of 3.57%.Over the last f ...