National Bank Holdings raises dividend to $0.30 a share

Published 30/04/2025, 21:18
National Bank Holdings raises dividend to $0.30 a share

DENVER - National Bank Holdings Corporation (NYSE: NBHC), a $1.36 billion market cap regional bank, has declared an increase in its quarterly cash dividend, as announced by the company’s Board of Directors. Shareholders are set to receive a dividend of thirty cents ($0.30) per share of common stock, marking a 3.4% rise from the previous twenty-nine cents ($0.29), bringing the dividend yield to 3.18%. The upcoming dividend is scheduled for distribution on June 13, 2025, to shareholders on record as of May 30, 2025.

Chairman and CEO Tim Laney expressed satisfaction with the company’s ability to continue enhancing shareholder value through dividend growth. According to InvestingPro data, the company has maintained dividend payments for 14 consecutive years, with 9 straight years of increases. Over the past five years, National Bank Holdings has boosted its quarterly dividend per common share by 50%, a trend that Laney attributes to the firm’s robust financial foundation, stable capital positioning, and diversified funding. The company maintains a healthy P/E ratio of 12.43 and has received an overall GOOD financial health score from InvestingPro’s comprehensive analysis.

National Bank Holdings Corporation operates as a bank holding entity with the aim of establishing a prominent community bank network that prioritizes high-quality client service and stakeholder outcomes. Its subsidiaries, NBH Bank and Bank of Jackson Hole Trust, manage over 85 banking centers across several states, including Colorado, the greater Kansas City region, Utah, Wyoming, Texas, New Mexico, and Idaho.

The company’s services cater to a broad clientele, ranging from individual consumers to large businesses and governmental as well as non-profit organizations. Additionally, its residential mortgage banking group predominantly serves the bank’s core regions, while trust and wealth management services are offered under the Bank of Jackson Hole Trust brand. With revenue of $389.88 million in the last twelve months and positive analyst forecasts, InvestingPro analysis reveals multiple additional growth indicators and financial metrics available to subscribers, including exclusive ProTips and comprehensive research reports that provide deeper insights into the company’s performance and prospects.

NBH Bank, operating under a single state charter, includes various divisional brands: Community Banks of Colorado and Community Banks Mortgage in Colorado; Bank Midwest and Bank Midwest Mortgage in Kansas and Missouri; Hillcrest Bank and Hillcrest Bank Mortgage in Texas, Utah, New Mexico, and Idaho; and Bank of Jackson Hole and Bank of Jackson Hole Mortgage in Wyoming.

The information in this article is based on a press release statement from National Bank Holdings Corporation.

In other recent news, National Bank Holdings Corporation reported its Q1 2025 earnings, which fell short of market expectations. The company posted an earnings per share (EPS) of $0.63, missing the projected $0.75, and generated revenue of $102.07 million, below the anticipated $107.47 million. The earnings miss has been attributed to a $9 million charge-off related to suspected fraudulent activity by a borrower, as discussed during the earnings call. Despite the challenges, National Bank Holdings saw an increase in deposit balances by $186 million, although loan balances decreased by $105 million. Analysts from firms like KBW noted the company’s cautious stance amid economic uncertainties, emphasizing a risk-off approach in their operations. CEO Tim Laney indicated potential plans for share repurchases, highlighting the company’s focus on strategic initiatives. Furthermore, National Bank Holdings is set to launch its Two Unify platform by the end of the quarter, aiming to provide additional revenue streams. The company’s outlook for the year includes mid-single-digit loan growth and maintaining a net interest margin in the mid-3.90% range.

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