National Bank Holdings Q2 adjusted net income beats estimates on higher earning assets

National Bank Holdings

21/07/2026 21:23

    

    Overview
  
US regional bank's Q2 adjusted net income beat analyst expectations, but adjusted EPS missed
Company generated record quarterly loan fundings and 10% annualized loan growth
Company executed $11.1 mln in share buybacks during the quarter

    

    Outlook
  
Company did not provide specific financial guidance for the current or future periods

    

    Result Drivers
  
LOAN GROWTH - Record quarterly loan fundings of $926.9 mln and 10% annualized loan growth contributed to results, per CEO Tim Laney
NET INTEREST INCOME - Net interest income rose $0.5 mln to $111.5 mln, mainly due to growth in average interest-earning assets and an additional day in the quarter
NON-INTEREST INCOME - Non-interest income increased $1.8 mln, driven by higher partnership investment income and service charges, partly offset by lower mortgage banking income

    
Company press release: ID:nGNX83qvfR

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Adjusted EPS
Miss
$0.78
$0.81 (4 Analysts)
Q2 EPS
 
$0.58
 
Q2 Adjusted Net Income
Beat
$35.30 mln
$34.66 mln (4 Analysts)
Q2 Net Income
 
$26.49 mln
 
Q2 Net Interest Income
 
$109.29 mln
 

    

    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 $49.00, about 7.1% above its July 20 closing price of $45.76

    

    Reuters Recommended Reads
  
July 21 - Southern First Bancshares' Q2 profit rises on loan growth and margin expansion
July 21 - Atlantic Union Bankshares beats Q2 EPS estimates on loan growth
July 21 - KeyCorp quarterly profit rises on interest income strength

    
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.)