National Bank Holdings Corporation Announces Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 net loss $8.8 million, or $0.20 per diluted share
- ➤Provision expense surged to $40.6 million from $1.5 million
- ➤Loans increased 4.9% annualized to $9.9 billion
- ➤Net interest margin expanded six basis points to 4.00%
- ➤CEO targets earnings above $1 per share in Q4
Expert Statements
Tim Laney, Chief Executive Officer of National Bank Holdings Corporation
“This was a deeply disappointing quarter. We reported a net loss of $8.8 million, driven primarily by $40.6 million of provision expense tied to a handful of specifically identified commercial credits, mainly in the franchise and healthcare industries. We take these credit events seriously and have made a series of both personnel and process improvements in these specific coverage areas of our business. To that end, none of these actions were driven by our regulators, and we will be relentless in our focus to meet the highest standards of credit risk management.”
Tim Laney, Chief Executive Officer of National Bank Holdings Corporation
“Our margin expansion and deposit growth are positive, and all integration activity has been a success. Our responsibility is to protect the bank while driving to our target of a dollar plus of earnings per share in the fourth quarter. While the third quarter represented a painful setback, I believe our team is more than capable of delivering for our clients, communities and shareholders.”
DENVER, Oct. 27, 2026 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (the “Company” or “NBHC”) reported:
For the quarter ((1))For the nine months ended September 30 ((1))2026 Adjusted ((1)(2)) 3Q262Q263Q2520262025QTDYTD Net (loss) income ($000's)$ (8,761)$ 26,490$ 35,285$ 38,522$ 93,538$ 2,941$ 70,860 (Loss) earnings per share - diluted$ (0.20)$ 0.58$ 0.92$ 0.84$ 2.43$ 0.06$ 1.56 Return on average assets(0.28)%0.86 %1.43 %0.42 %1.27 %0.09 %0.77 % Return on average tangible assets ((2))(0.23)%0.96 %1.54 %0.50 %1.38 %0.16 %0.87 % Return on average equity(2.07)%6.34 %10.25 %3.07 %9.30 %0.69 %5.65 % Return on average tangible common equity ((2))(2.32)%9.70 %14.21 %5.01 %13.05 %1.62 %8.67 %
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