FY2025 EPS Estimates for National Bank Boosted by Analyst

National Bank Holdings Co. (NYSE:NBHCFree Report) – Analysts at DA Davidson upped their FY2025 earnings per share (EPS) estimates for National Bank in a research report issued on Friday, January 24th. DA Davidson analyst J. Rulis now anticipates that the financial services provider will post earnings per share of $3.65 for the year, up from their prior estimate of $3.45. DA Davidson currently has a “Buy” rating and a $53.00 target price on the stock. The consensus estimate for National Bank’s current full-year earnings is $3.35 per share.

National Bank (NYSE:NBHCGet Free Report) last announced its earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.07. National Bank had a net margin of 19.82% and a return on equity of 9.85%.

NBHC has been the topic of a number of other research reports. Stephens increased their price target on National Bank from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. Piper Sandler increased their target price on National Bank from $44.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. Keefe, Bruyette & Woods boosted their price target on National Bank from $47.00 to $52.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Finally, Hovde Group cut shares of National Bank from an “outperform” rating to a “market perform” rating and set a $55.00 target price for the company. in a research report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $51.40.

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National Bank Stock Performance

Shares of NYSE:NBHC opened at $42.92 on Monday. National Bank has a 12-month low of $32.13 and a 12-month high of $51.76. The company’s 50 day moving average price is $44.81 and its two-hundred day moving average price is $43.67. The firm has a market cap of $1.63 billion, a PE ratio of 13.89 and a beta of 0.86. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.04.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of NBHC. Assetmark Inc. bought a new position in National Bank during the third quarter worth $71,000. KBC Group NV lifted its stake in shares of National Bank by 82.5% in the 4th quarter. KBC Group NV now owns 2,389 shares of the financial services provider’s stock valued at $103,000 after purchasing an additional 1,080 shares during the period. Atria Investments Inc bought a new stake in shares of National Bank during the 3rd quarter valued at about $202,000. FMR LLC grew its stake in National Bank by 359.7% during the third quarter. FMR LLC now owns 7,627 shares of the financial services provider’s stock worth $321,000 after purchasing an additional 5,968 shares during the period. Finally, AQR Capital Management LLC increased its holdings in National Bank by 49.0% in the second quarter. AQR Capital Management LLC now owns 10,378 shares of the financial services provider’s stock worth $405,000 after purchasing an additional 3,415 shares in the last quarter. 92.65% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Richard U. Jr. Newfield sold 19,259 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $49.81, for a total transaction of $959,290.79. Following the completion of the transaction, the insider now owns 143,210 shares of the company’s stock, valued at approximately $7,133,290.10. This trade represents a 11.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Valerie D. Kramer sold 1,275 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $49.62, for a total transaction of $63,265.50. Following the completion of the sale, the insider now directly owns 10,652 shares in the company, valued at approximately $528,552.24. This represents a 10.69 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,431 shares of company stock valued at $1,067,505 in the last 90 days. Corporate insiders own 3.10% of the company’s stock.

National Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, February 28th. This represents a $1.16 dividend on an annualized basis and a yield of 2.70%. National Bank’s dividend payout ratio is currently 37.54%.

National Bank Company Profile

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National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States. It offers deposit products, including checking, savings, money market, and other deposit accounts, including fixed-rate and fixed maturity time deposits.

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