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Dec 31, 2021
NBHC Q4 2021 Earnings Report
NBHC delivered strong Q4 earnings and record full year earnings
Key Takeaways
National Bank Holdings Corporation reported a strong fourth quarter with earnings per diluted share of $0.74 and a record full year earnings per diluted share of $3.01. The company experienced record loan originations for the second consecutive quarter and delivered annualized loan growth of 13.4%, excluding PPP loans. Credit metrics remained solid with low net charge-offs and a record low non-performing loans ratio.
Delivered fourth quarter earnings of $0.74 per diluted share and record full year earnings of $3.01 per diluted share.
Delivered record loan originations for the second consecutive quarter.
Achieved annualized loan growth of 13.4% in the fourth quarter, excluding PPP loans.
Credit metrics remained solid with just three basis points of net charge-offs for the year and a record low non-performing loans ratio of 0.24%.
NBHC
NBHC
Forward Guidance
The company is well positioned to execute on its growth strategies with ample liquidity and a strong capital position.
Positive Outlook
- Focus on growing core business.
- Innovating and building partnerships.
- Delivering a comprehensive digital financial ecosystem.
- Reducing costs.
- Providing real-time information for small and medium sized businesses.
Challenges Ahead
- COVID-19 pandemic continues to present challenges.
- Impact of emerging targeted vaccine mandates and new variants of the virus are unknown.
- Length of time that the government-mandated measures must remain in place or potentially be reinstituted to address COVID-19 are unknown.
- Negative impact to the U.S. labor market, consumer spending and business operations.
- Unclear how long new outbreaks of COVID-19 cases will have a continued impact.