secwatch.observer — SEC 8-K summary
======================================

Issuer:     National Bank Holdings Corp (NBHC)
CIK:        0001475841
Form:       8-K
Filed at:   2023-07-19T23:59:59+00:00
Accession:  0001475841-23-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

NBHC Q2 2023 EPS $0.85; net income $32.6M; YoY up 88% but QoQ down
------------------------------------------------------------------

- Diluted EPS $0.85 vs $1.06 Q1 2023 and $0.67 Q2 2022; net income $32.6M down from $40.3M prior quarter.
- FTE net interest margin 4.07%, down 32 bps QoQ as cost of funds rose 58 bps to 1.48%.
- Average deposits $8.0B (+14.2% annualized); loans $7.4B (+3.8% annualized) with new loan yield 8.2%.
- Non-performing loans 0.45% (up from 0.13% Q1) but net charge-offs annualized at 0.02%.
- Cambr acquisition integrated; CET1 ratio 11.08%, Tier1 leverage 9.15%, tangible book $20.95.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1475841/000147584123000034/0001475841-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1475841/000147584123000034/nbhc-20230719x8k.htm
  HTML page:      https://secwatch.observer/filing/0001475841-23-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer