earnings
confidence high
sentiment positive
materiality 0.75
National Bank Holdings Q4 EPS $0.87; FY2023 net income $142M record, up 99% YoY
National Bank Holdings Corp
2023-FY EPS reported
$3.72
revenue$46,904,000
- FY2023 net income $142.0M ($3.72 diluted EPS) vs $71.3M ($2.18) in 2022; adjusted EPS $3.05.
- Q4 net income $33.1M ($0.87 EPS) vs $36.1M ($0.94) in Q3; NIM 3.95%, cost of funds 2.10%.
- Total loans $7.7B, organic growth 6.6% YoY; net charge-offs just 0.02% of avg loans.
- Average deposits up 18.7% YoY; strong capital: Tier 1 leverage 9.74%, CET1 11.89%.
- Tangible book value per share $22.77, up $1.34 from Q3; management cites record results.