FY2025 EPS Estimates for National Bank Lifted by DA Davidson

National Bank Holdings Co. (NYSE:NBHC) – Investment analysts at DA Davidson increased their FY2025 earnings estimates for shares of National Bank in a report released on Friday, January 24th. DA Davidson analyst J. Rulis now expects that the financial services provider will earn $3.65 per share for the year, up from their prior forecast of $3.45. DA Davidson has a “Buy” rating and a $53.00 price objective on the stock. The consensus estimate for National Bank’s current full-year earnings is $3.35 per share.

National Bank (NYSE:NBHC) last released its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.07. National Bank had a return on equity of 9.85% and a net margin of 19.82%.

A number of other analysts also recently weighed in on NBHC. Hovde Group downgraded shares of National Bank from an “outperform” rating to a “market perform” rating and set a $55.00 price target for the company. in a report on Monday, November 18th. Piper Sandler lifted their target price on National Bank from $44.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. Stephens raised their price objective on National Bank from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. Finally, Keefe, Bruyette & Woods lifted their price objective on National Bank from $47.00 to $52.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $51.40.

National Bank Stock Performance

NYSE:NBHC opened at $42.92 on Monday. The firm has a market capitalization of $1.63 billion, a PE ratio of 13.89 and a beta of 0.86. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.04. National Bank has a 1 year low of $32.13 and a 1 year high of $51.76. The firm’s fifty day simple moving average is $44.81 and its 200 day simple moving average is $43.67.

Institutional Trading of National Bank

Large investors have recently bought and sold shares of the business. Principal Financial Group Inc. grew its position in National Bank by 36.1% in the third quarter. Principal Financial Group Inc. now owns 786,096 shares of the financial services provider’s stock valued at $33,095,000 after purchasing an additional 208,303 shares in the last quarter. SG Americas Securities LLC bought a new position in National Bank during the third quarter worth about $491,000. Assenagon Asset Management S.A. acquired a new position in National Bank during the fourth quarter worth approximately $1,790,000. Squire Investment Management Company LLC bought a new stake in National Bank in the third quarter valued at approximately $4,496,000. Finally, Systematic Financial Management LP acquired a new stake in shares of National Bank in the third quarter valued at approximately $756,000. 92.65% of the stock is owned by institutional investors.

Insider Buying and Selling at National Bank

In related news, insider Richard U. Jr. Newfield sold 19,259 shares of the stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $49.81, for a total value of $959,290.79. Following the sale, the insider now directly owns 143,210 shares in the company, valued at $7,133,290.10. This trade represents a 11.85 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Valerie D. Kramer sold 897 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $50.11, for a total transaction of $44,948.67. Following the completion of the transaction, the insider now directly owns 9,755 shares of the company’s stock, valued at $488,823.05. This trade represents a 8.42 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,431 shares of company stock worth $1,067,505. Company insiders own 3.10% of the company’s stock.

National Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.16 annualized dividend and a yield of 2.70%. National Bank’s dividend payout ratio is currently 37.54%.

National Bank Company Profile

National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States. It offers deposit products, including checking, savings, money market, and other deposit accounts, including fixed-rate and fixed maturity time deposits.