National Bank Holdings' Q1 adjusted EPS rises on Vista acquisition

National Bank Holdings

21/04/2026 21:23

Overview

U.S. regional bank's Q1 adjusted EPS rose to $0.72, driven by Vista Bancshares acquisition

Company executed $16.1 mln share buybacks in Q1 as part of new $100 mln repurchase program

Outlook

Company expects to surpass $1.00 diluted EPS in the fourth qtr of 2026

Result Drivers

VISTA ACQUISITION - Q1 results reflect the completed acquisition of Vista Bancshares, which drove increases in loans, deposits, and average earning assets

LOAN GROWTH - Record quarterly loan fundings of $805.5 mln and 12.4% annualized organic loan growth contributed to higher net interest income and margin expansion

HIGHER NON-INTEREST EXPENSES - Non-interest expense rose mainly due to acquisition and restructuring costs related to the Vista deal

Company press release: ID:nGNX6pnx3Q

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
$0.72
Q1 EPS
$0.46


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for National Bank Holdings Corp is $46.00, about 9.1% above its April 20 closing price of $42.16

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)