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Dec 31, 2022
NBHC Q4 2022 Earnings Report
Reported solid quarterly earnings and a record return on average tangible common equity, adjusted for one-time acquisition-related expenses.
Key Takeaways
National Bank Holdings Corporation reported a net income of $16.7 million, or $0.44 per diluted share, for the fourth quarter of 2022. Adjusted net income was $34.5 million, or $0.91 per diluted share. The results were driven by record net interest income, but impacted by non-recurring acquisition-related expenses.
Delivered solid quarterly earnings of $0.91 per diluted share, adjusted for one-time acquisition-related expenses.
Generated organic loan growth of 21.5% annualized, fueled by strong loan fundings.
Maintained strong credit quality with annual net charge-offs of just three basis points.
Maintained a low non-performing loans ratio of 0.23%.