National Bank Holdings Corporation (NYSE:NBHC) is reporting third quarter earnings results on Tuesday 20th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.58 per share from $ 78.84 million in revenue.
For the full year, analysts predict revenues of $ 312.56 million, while looking forward to income of $ 2.19 per share.
Previous Quarter Performance
National Bank Holdings Corporation reported income for the second quarter of $ 0.62 per share, from the revenue of $ 86.17 million. The quarterly earnings decreased 3.13 percent while revenues boosted 15.76 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.31 per share from $ 72.11 million in revenue. The bottom line results beat street analysts by $ 0.31 or 100.00 percent, at the same time, top line results outshined analysts by $ 14.06 million or 19.50 percent.
Stock Performance
Shares of National Bank Holdings Corporation traded low $ -0.18 or -0.60 percent on Monday, reaching $ 29.93 with volume of 70.20 thousand shares. National Bank Holdings Corporation has traded high as $ 30.63 and has cracked $ 29.80 on the downward trend
According to the previous trading day, closing price of $ 29.93, representing a 48.69 % increase from the 52 week low of $ 20.25 and a 19.56 % decrease over the 52 week high of $ 37.43.
The company has a market capital of $ 914.93 million and is part of the Financial Services sector and Banks – Regional – US industry.
Recent Analyst recommendations
- On 1st October 2020, maintained by Piper Sandler at Neutral rating, with $ 28.00 target price.
Recent Stock Dividend Announcement
On August 5, 2020, the board of directors authorized quarterly dividend of $ 0.20 per share to holders of record as of the close of business on August 28, 2020, with payment date of September 15, 2020 and ex-dividend date on August 27, 2020.
Conference Call
National Bank Holdings Corporation will be hosting a conference call at 11:00 AM eastern time on 21st October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.nationalbankholdings.com
National Bank Holdings Corporation operates as the bank holding company for NBH Bank, N.A. that provides various banking products and financial services to commercial, business, and consumer clients in the United States. The company offers deposit products, including checking accounts, savings accounts, money market accounts, and other deposit accounts, including fixed-rate and fixed maturity time deposits.
