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Dec 31, 2024
NBHC Q4 2024 Earnings Report
Achieved quarterly earnings of $0.73 per diluted share.
Key Takeaways
National Bank Holdings Corporation reported a net income of $28.2 million, or $0.73 per diluted share, for Q4 2024. The company's net interest margin widened to 3.99%, driven by disciplined deposit pricing and loan growth. Loan originations reached $1.5 billion for the year, and average deposits grew by 4.7%.
Delivered quarterly earnings of $0.73 per diluted share.
Net interest income grew by 11.3% annualized.
Net interest margin expanded by 12 basis points to 3.99%.
Generated loan originations of $1.5 billion and grew total average deposits 4.7% during 2024.
NBHC
NBHC
Forward Guidance
National Bank Holdings Corporation enters 2025 from a position of strength with optionality for future growth and are pleased with their new business pipelines. They delivered 11% growth in tangible book value per share in 2024 and maintain strong capital with a Common Equity Tier 1 capital ratio of 13.2%. Their earnings and capital strength allow them to continue to invest in 2UniFi and Cambr, which they believe will provide unique opportunities for future growth. They remain well positioned to serve their clients and communities in 2025.
Positive Outlook
- Position of strength with optionality for future growth
- Pleased with new business pipelines
- 11% growth in tangible book value per share in 2024
- Strong capital with a Common Equity Tier 1 capital ratio of 13.2%
- Well positioned to serve clients and communities in 2025