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Jun 30, 2024
NBHC Q2 2024 Earnings Report
Second quarter results decreased due to impairment of venture capital investments and increased provision expense driven by loan growth.
Key Takeaways
National Bank Holdings Corporation reported net income of $26.1 million, or $0.68 per diluted share, for the second quarter of 2024. The results were impacted by impairment of venture capital investments and increased provision expense due to loan growth. The company maintained a strong net interest margin of 3.76% and saw growth in both loans and deposits.
Delivered quarterly earnings of $0.68 per diluted share.
Maintained a strong net interest margin of 3.76%.
Achieved 8.1% annualized net loan growth.
Achieved 7.9% annualized average deposit growth.
NBHC
NBHC
Forward Guidance
National Bank Holdings Corporation did not provide specific forward guidance in this earnings report.