FY2025 EPS Estimates for National Bank Boosted by Analyst

Key Points

• Analysts at DA Davidson have increased their FY2025 EPS estimate for National Bank Holdings Corporation from $3.13 to $3.30, maintaining a "Buy" rating with a target price of $45.00.
• National Bank recently declared a quarterly dividend of $0.30 per share, up from the previous $0.29, representing a 3.05% yield.
• Institutional investors have significantly augmented their holdings in National Bank, with increases of up to 815.5% in the number of shares owned by various firms.

National Bank Holdings Corporation (NYSE:NBHC - Free Report) - Equities researchers at DA Davidson increased their FY2025 earnings per share (EPS) estimates for shares of National Bank in a note issued to investors on Thursday, July 24th. DA Davidson analyst J. Rulis now forecasts that the financial services provider will post earnings of $3.30 per share for the year, up from their previous estimate of $3.13. DA Davidson currently has a "Buy" rating and a $45.00 price target on the stock. The consensus estimate for National Bank's current full-year earnings is $3.31 per share. DA Davidson also issued estimates for National Bank's FY2026 earnings at $3.50 EPS.

Several other research firms have also recently commented on NBHC. Hovde Group boosted their target price on National Bank from $39.00 to $42.00 and gave the stock a "market perform" rating in a research note on Thursday. Wall Street Zen raised National Bank from a "strong sell" rating to a "hold" rating in a research note on Saturday. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, National Bank has an average rating of "Hold" and an average price target of $47.20.

National Bank Price Performance

NBHC stock opened at $39.28 on Monday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $1.50 billion, a PE ratio of 12.67 and a beta of 0.77. National Bank has a 12-month low of $32.83 and a 12-month high of $51.76. The business's fifty day moving average price is $37.88 and its 200 day moving average price is $38.89.

National Bank (NYSE:NBHC - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.06. The firm had revenue of $104.48 million for the quarter, compared to the consensus estimate of $110.36 million. National Bank had a return on equity of 9.44% and a net margin of 20.02%. The company's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.68 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. CWM LLC boosted its position in shares of National Bank by 158.4% during the 1st quarter. CWM LLC now owns 783 shares of the financial services provider's stock worth $30,000 after acquiring an additional 480 shares in the last quarter. Quarry LP boosted its position in shares of National Bank by 503.1% during the 4th quarter. Quarry LP now owns 971 shares of the financial services provider's stock worth $42,000 after acquiring an additional 810 shares in the last quarter. Sterling Capital Management LLC boosted its position in shares of National Bank by 815.5% during the 4th quarter. Sterling Capital Management LLC now owns 1,181 shares of the financial services provider's stock worth $51,000 after acquiring an additional 1,052 shares in the last quarter. Aquatic Capital Management LLC acquired a new position in shares of National Bank during the 4th quarter worth about $174,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of National Bank during the 1st quarter worth about $217,000. 92.65% of the stock is owned by institutional investors and hedge funds.

National Bank Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.05%. This is a boost from National Bank's previous quarterly dividend of $0.29. The ex-dividend date was Friday, May 30th. National Bank's payout ratio is presently 38.71%.

About National Bank

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.

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