National Bank Holdings (NBHC) Beats Q3 Earnings and Revenue Estimates

Group 1: Earnings Performance - National Bank Holdings (NBHC) reported quarterly earnings of $0.86 per share, exceeding the Zacks Consensus Estimate of $0.76 per share, but down from $0.94 per share a year ago, representing an earnings surprise of 13.16% [1] - The company posted revenues of $106.04 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.64%, although this is a decrease from year-ago revenues of $107.14 million [1] Group 2: Market Performance - National Bank Holdings shares have increased approximately 12.1% since the beginning of the year, compared to the S&P 500's gain of 22.7% [2] Group 3: Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.71 on revenues of $103.03 million, and for the current fiscal year, it is $3.03 on revenues of $404.68 million [4] - The estimate revisions trend for National Bank Holdings is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [4] Group 4: Industry Context - The Banks - Southeast industry, to which National Bank Holdings belongs, is currently in the bottom 29% of over 250 Zacks industries, suggesting potential challenges for stock performance [5] - Another company in the same industry, WesBanco, is expected to report quarterly earnings of $0.52 per share, reflecting a year-over-year decline of 11.9% [5]