other material
confidence high
sentiment negative
materiality 0.92
National Bank Holdings expects $46.8M charge-offs and $4M FinTech impairment; adds $40.1M buyback
National Bank Holdings Corp
- NBH Bank expects $46.8M of charge-offs on franchise and healthcare commercial loans, with $65.0M principal reserved/charged down to $18.2M.
- Provision expense expected at $38.0M-$40.0M for Q3 2026; after-tax earnings hit of $32.0M-$34.0M, or $0.72-$0.76 per diluted share.
- Company expects $4.0M impairment on a FinTech partnership investment in non-marketable securities, reducing non-interest income.
- Board approved additional $40.1M Class A stock repurchase on Sept 30, 2026, bringing total authority to $100.0M.
- As of Sept 30, 2026, 44,285,618 Class A shares outstanding, excluding 813,990 restricted unvested shares.