National Bank Holdings Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 24, 2023 at 04:10 pm EDT
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National Bank Holdings Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 87.78 million compared to USD 69.09 million a year ago. Net income was USD 36.09 million compared to USD 15.84 million a year ago. Basic earnings per share from continuing operations was USD 0.95 compared to USD 0.51 a year ago. Diluted earnings per share from continuing operations was USD 0.94 compared to USD 0.5 a year ago.
For the nine months, net interest income was USD 272.45 million compared to USD 171.77 million a year ago. Net income was USD 108.93 million compared to USD 54.55 million a year ago. Basic earnings per share from continuing operations was USD 2.87 compared to USD 1.78 a year ago. Diluted earnings per share from continuing operations was USD 2.85 compared to USD 1.77 a year ago.
National Bank Holdings Corporation is a bank holding company. The Company operates, through its subsidiaries, NBH Bank and Bank of Jackson Hole Trust (the Banks), which are a chartered banks and a member of the Federal Reserve System. The Bank provides a range of banking products to both commercial and consumer clients through a network of approximately 90 banking centers, located primarily in Colorado, the greater Kansas City region, Texas, Utah, and New Mexico, as well as through online and mobile banking products and services. The Bankâs distribution network also includes approximately 126 ATMs. The Bank offers personalized banking service to the clients, which includes services, such as loan and deposit services, online and mobile banking solutions, treasury management products, and services and trust and wealth management services. The Bankâs loan portfolio includes commercial and industrial loans, commercial real estate loans, residential real estate loans, and others.