Stock AnalizNational Bank Holdings Corp NBHC
Major Banks · IPO 2012 · data as of November 13, 2026
National Bank Holdings Corp (NBHC) is a financial company listed in the US with a market value of about $1.6B. In the twelve months to September 30, 2026 it had revenue of $483M and net income of $54M, a net margin of 11.1%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is shareholder returns (4/5); the weakest is future growth (0/5).
Key numbers: a P/E of 29.6, a price to free cash flow of 10.3, 5-year revenue growth of 5% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 47% above the current price.
Score: 2.0 / 5
Checks passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Positive free cash flow
- Debt below 3 years of free cash flow
- Pays a dividend
- 20% to 100% of free cash flow returned to shareholders
Checks not passed
- P/E below 25
- P/E below the industry median
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $483M | $416M | $407M | $426M | $334M | $298M | $333M | $289M | $268M | $186M | $186M |
| Net income | $54M | $110M | $119M | $142M | $71M | $94M | $89M | $80M | $61M | $15M | $23M |
| Free cash flow | $161M | $132M | $121M | $130M | $202M | $174M | -$11M | $33M | $67M | $53M | -$5M |
| EPS (diluted) | $1.26 | $2.85 | $3.08 | $3.72 | $2.18 | $3.01 | $2.85 | $2.55 | $1.95 | $0.53 | $0.79 |
| Net margin | 11.1% | 26.3% | 29.2% | 33.4% | 21.3% | 31.5% | 26.6% | 27.9% | 22.9% | 7.9% | 12.4% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 4 analysts is $43.25, 16% above the current price; targets range from $39.00 to $47.00; the consensus rating is “Buy”; expected EPS is $2.54 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is National Bank Holdings’s P/E ratio?
About 29.6, based on the last twelve months of diluted earnings per share (forward P/E about 9.7).
Is National Bank Holdings stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 47% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does National Bank Holdings pay a dividend?
Yes. The dividend yield is about 3.55%, and it has paid dividends for 10 years in our data.
Is National Bank Holdings a good stock to buy?
We do not give buy or sell advice. National Bank Holdings scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.