National Bank Holdings Corp reports results for the quarter ended in March - Earnings Summary

National Bank Holdings

24/04/2024 22:53

* National Bank Holdings Corp  NBHC.N  reported quarterly
adjusted
earnings of 82 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of $1.06.  The mean expectation of five analysts for the
quarter was for earnings of 76 cents per share. Wall Street
expected results to range from 70 cents to 82 cents per share.
    * Revenue fell 6.8% to $103.42 million from a year ago;
analysts
expected $103.68 million. 
    * National Bank Holdings Corp's reported EPS for the quarter
was
82 cents​.
    * The company reported quarterly net income of $31.39
million.
    * National Bank Holdings Corp shares had fallen by 3.5% this
quarter and lost 6.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for National Bank
Holdings Corp is $41.00 
This summary was machine generated from LSEG data April 24 at
09:53 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.76           0.82           Beat
 Dec. 31 2023      0.82           0.87           Beat
 Sep. 30 2023      0.86           0.94           Beat
 Jun. 30 2023      0.92           0.85           Missed