National Bank (US:NBHC) Globenewswireยท2025-10-21 20:10Core Insights - National Bank Holdings Corporation (NBHC) reported a net income of $35.3 million for Q3 2025, an increase from $34.0 million in Q2 2025, with diluted earnings per share rising to $0.92 from $0.88 [1][5] - The company announced a strategic acquisition of Vista Bancshares, valued at approximately $365.4 million, expected to close in Q1 2026 [4][3] Financial Performance - Net income for the first nine months of 2025 reached $93.5 million, up from $90.6 million in the same period of 2024, with diluted earnings per share increasing to $2.43 from $2.36 [15] - The return on average tangible common equity was reported at 14.72%, adjusted for acquisition-related expenses, while the return on average tangible assets was 1.60% [3][5] - Fully taxable equivalent net interest income increased to $90.2 million in Q3 2025, with a net interest margin of 3.98% [6][1] Loan and Deposit Metrics - Total loans amounted to $7.4 billion as of September 30, 2025, with quarterly loan fundings of $421.2 million, primarily driven by commercial loans [7][34] - Average total deposits remained stable at $8.2 billion, with a loan-to-deposit ratio of 87.7% [9][18] Asset Quality - The company recorded a provision release of $1.5 million, with non-performing loans improving to 0.36% of total loans [8][17] - The allowance for credit losses as a percentage of loans was consistent at 1.19% [8][17] Non-Interest Income and Expenses - Non-interest income increased by 21.2% to $20.7 million in Q3 2025, driven by unrealized gains on partnership investments [10][19] - Non-interest expenses totaled $67.2 million, including $1.7 million in acquisition-related costs, reflecting an increase from $62.9 million in Q2 2025 [11][20] Capital and Shareholder Returns - The Common Equity Tier 1 capital ratio stood at 14.69%, with shareholders' equity increasing to $1.4 billion [13][30] - Common book value per share rose to $36.36, while tangible common book value per share increased to $27.45 [14][30]