secwatch.observer — SEC 8-K summary
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Issuer:     National Bank Holdings Corp (NBHC)
CIK:        0001475841
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001475841-24-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

National Bank Holdings Q4 EPS $0.87; FY2023 net income $142M record, up 99% YoY
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1475841/000147584124000006/0001475841-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1475841/000147584124000006/nbhc-20240123x8k.htm
  HTML page:      https://secwatch.observer/filing/0001475841-24-000006

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