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 September 30, 2023 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 jurisdictio ...

Financial Data and Key Metrics Changes - The company reported a 10.8% increase in earnings for Q3 2023, with pre-provision revenues growing 54.6% year-over-year and net income doubling during the same period [7][9] - The return on average tangible assets was 1.58%, and the return on tangible common equity was 18.38% [9][10] - The CET1 ratio ended the quarter at 11.61%, with a tangible common equity ratio of 8.5% and a Tier 1 leverage ratio of 9.56% [7][14] Business Line Data and Key Metrics Changes - New loan originations in Q3 were $324.1 million at a weighted average yield of 8.6%, with year-to-date loan funding reaching $1.1 billion, resulting in a total loan balance growth of 4.8% annualized [11][12] - Core deposit balances grew by $28 million on a spot basis and $116 million or 5.8% annualized on an average balance basis [12] - Total noninterest income for Q3 was $19.4 million, an increase of $5.5 million from the previous quarter, driven by strong performance in core banking fees [20] Market Data and Key Metrics Changes - The total deposit cost for Q3 was 1.64%, with a total deposit beta remaining low at 28% [13] - The net interest margin for the quarter was 3.92%, with projections for Q4 2023 to be in the range of 3.8% to 3.85% [13] Company Strategy and Development Direction - The company aims to achieve full-year loan growth guidance, with a strong pipeline of new business as it approaches year-end [16] - Management expressed confidence in asset quality trends, with expectations to reduce nonaccruals in Q4 [8][16] - The company is focused on maintaining a disciplined approach to expenses while investing in technology [22] Management's Comments on Operating Environment and Future Outlook - Management noted positive credit quality trends and minimal exposure to office and retail sectors, each representing less than 2% of the total loan book [28] - The company plans to reengage in M&A activities in 2024 after ensuring complete integration of previous acquisitions [49] Other Important Information - Noninterest expenses for Q3 totaled $60.6 million, a slight decrease from the prior quarter, with projections for Q4 expenses to be between $60 million and $62 million [22][23] - The company expects to see revenue from its 2U business starting in 2025, with no significant revenue anticipated in 2024 [68] Q&A Session Summary Question: Timing of FHLB-advanced reductions - Management confirmed that reductions were gradual over the quarter [25][26] Question: Progress on nonaccruals - Management expressed optimism about credit quality trends and indicated that updates would be provided in the next earnings call [28] Question: Growth in owner-occupied CRE - Management highlighted the strategy of banking full relationships with business clients, which includes financing their operational facilities [30][32] Question: Capital priorities and buyback interest - Management confirmed authorization for buybacks and indicated a focus on rebuilding capital before pursuing M&A opportunities in 2024 [49][44] Question: Migration of noninterest-bearing deposits - Management acknowledged outflows and indicated that they do not expect major changes in this area [47][48] Question: 2U expenses and revenue expectations - Management stated that $3 million is the current run rate for 2U expenses, with meaningful revenue expected in 2025 [67][68]

Approximately 70% FDIC insured Approximately $0.6 billion of deposits collateralized Management Team Aldis Birkans Chief Financial Officer (25 years in financial industry) • Head of Business Services Credit at Regions Financial Valerie Kramer EVP, Chief Digital Officer • 20+ years of financial services experience • Served in multiple Treasury Management and Client Solution roles with NBH Bank, including Treasury Management Director, over a 13 year period Beneficial Ownership (as of 6/30/23) H National Bank ...

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 June 30, 2023 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 ...

National Bank Holdings Corporation (NYSE:NBHC) Q2 2023 Earnings Conference Call July 20, 2023 11:00 AM ET Company Participants Tim Laney - Chairman, President & CEO Aldis Birkans - EVP & CFO Conference Call Participants Brett Thompson - D.A. Davidson & Co. Robert Terrell - Stephens Inc. Andrew Liesch - Piper Sandler & Co. Brett Rabatin - Hovde Group Jeffrey Rulis - D.A. Davidson & Co. Operator Good morning, everyone, and welcome to the National Bank Holdings Corporation 2023 Second Quarter Earnings Call. My ...

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, 2023 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 ...

National Bank Holdings Corporation (NYSE:NBHC) Q1 2023 Earnings Conference Call April 20, 2023 11:00 AM ET Company Participants Tim Laney - Chairman, President & CEO Aldis Birkans - CFO Conference Call Participants Clark Wright - D.A. Davidson Kelly Motta - KBW Andrew Terrell - Stephens Andrew Liesch - Piper Sandler Brett Rabatin - Hovde Group Operator Good morning, everyone, and welcome to the National Bank Holdings Corporation 2023 First Quarter Earnings Call. My name is Anna, and I will be your conferenc ...

FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 Table of Contents OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 WASHINGTON, D.C. 20549 For the transition period from to Commission File Number: 001-35654 Delaware 27-0563799 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) ...

National Bank Holdings Corporation (NYSE:NBHC) Q4 2022 Earnings Conference Call January 25, 2023 11:00 AM ET Company Participants Tim Laney - Chairman, President, and Chief Executive Officer Aldis Birkans - Chief Financial Officer Conference Call Participants Jeff Rulis - D.A. Davidson Kelly Motta - KBW Andrew Terrell - Stephens Andrew Liesch - Piper Sandler Brett Rabatin - Hovde Group Operator Good morning, everyone, and welcome to the National Bank Holdings Corporation 2022 Fourth Quarter Earnings Call. ...

FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 For the quarterly period ended September 30, 2022 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 jurisdictio ...