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Mar 31, 2023
NBHC Q1 2023 Earnings Report
Reported record results driven by net income and return on average tangible common equity.
Key Takeaways
National Bank Holdings Corporation reported record first quarter earnings of $1.06 per diluted share, with a record return on average tangible common equity of 20.86%. The company maintained excellent credit quality and a granular, relationship-focused deposit base.
Delivered record quarterly earnings of $1.06 per diluted share.
Achieved a record return on average tangible common equity of 20.86%.
Maintained excellent credit quality with annualized net charge-offs of just one basis point.
Deposits have increased by $500 million since the deal closing on April 3rd.
NBHC
NBHC
Forward Guidance
No specific forward guidance was provided in the document.