National Bank Holdings partners with Nav to support 2UniFi ecosystem

DENVER - National Bank Holdings Corporation (NYSE:NBHC), a $1.51 billion market cap financial institution trading at a P/E ratio of 13.69, announced Monday a strategic partnership to support 2UniFi, a newly launched financial ecosystem for businesses. The collaboration includes integrating 2UniFi within Nav’s marketplace for small business deposit and lending solutions.

As part of the agreement, NBHC has made a $5 million strategic investment in Nav, a credit and financial health platform that serves over 1 million small business users. Tim Laney, Chairman and CEO of NBHC and Founder of 2UniFi, will serve as an observer on Nav’s board. According to InvestingPro, NBHC maintains a GOOD financial health score and has raised its dividend for 9 consecutive years, demonstrating strong operational stability.

The partnership will integrate Nav’s financial health and credit insights into the 2UniFi experience, while 2UniFi will be featured in Nav’s deposit and lending marketplace.

"Small businesses are essential for a healthy and thriving economy," Laney said, according to the company’s press release. "By integrating Nav’s business credit insights into the 2UniFi experience, we are empowering everyday entrepreneurs with the financial health tools they need to further grow their business."

Nav CEO Levi King stated that the partnership would provide "a truly differentiated offering" to customers and expand access to resources for small business owners.

Nav has raised more than $100 million in capital from investors including Goldman Sachs Principal Strategic Investments, Kleiner Perkins, Experian Ventures, and Point72 Ventures.

National Bank Holdings Corporation operates a network of over 85 banking centers across Colorado, Kansas City region, Utah, Wyoming, Texas, New Mexico and Idaho through its bank subsidiaries, NBH Bank and Bank of Jackson Hole Trust.

The announcement comes as 2UniFi launched its financial ecosystem for businesses earlier this month, according to the company statement.

In other recent news, National Bank Holdings Corporation reported its first-quarter 2025 earnings, which fell short of analysts’ expectations. The company announced an earnings per share (EPS) of $0.63, missing the forecasted $0.75, and revenue of $102.07 million, which was below the anticipated $107.47 million. This underperformance was accompanied by a $9 million fraud-related charge-off, which the company has addressed and handed over to the appropriate authorities. Despite these challenges, National Bank Holdings increased its quarterly dividend by 3.4%, raising it to $0.30 per share, reflecting confidence in its financial foundation. The company also saw a $186 million increase in deposit balances, although loan balances decreased by $105 million. Looking ahead, National Bank Holdings plans to launch its Two Unify platform by the end of the quarter, which could provide new revenue streams. CEO Tim Laney emphasized the company’s focus on strategic initiatives, including potential share repurchase plans, as a response to current market conditions. The company maintains a net interest margin of 3.93%, showcasing stability in its core banking operations.

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