National Bank (NBHC) Projected to Post Earnings on Wednesday

National Bank (NYSE:NBHCGet Free Report) will likely be releasing its earnings data after the market closes on Wednesday, January 22nd. Analysts expect National Bank to post earnings of $0.79 per share and revenue of $107,377.75 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

National Bank (NYSE:NBHCGet Free Report) last posted its earnings results on Tuesday, October 22nd. The financial services provider reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.10. National Bank had a return on equity of 9.93% and a net margin of 20.52%. The company had revenue of $156.39 million for the quarter, compared to analyst estimates of $102.32 million. During the same quarter in the prior year, the company earned $0.94 earnings per share. On average, analysts expect National Bank to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

National Bank Price Performance

National Bank stock opened at $44.15 on Tuesday. The firm has a market capitalization of $1.68 billion, a PE ratio of 13.67 and a beta of 0.86. National Bank has a 52 week low of $32.13 and a 52 week high of $51.76. The firm’s 50-day simple moving average is $45.46 and its 200 day simple moving average is $43.53. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.04.

Insider Activity at National Bank

In related news, insider Valerie D. Kramer sold 897 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $50.11, for a total transaction of $44,948.67. Following the completion of the sale, the insider now owns 9,755 shares of the company’s stock, valued at approximately $488,823.05. This represents a 8.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Richard U. Jr. Newfield sold 19,259 shares of National Bank stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $49.81, for a total transaction of $959,290.79. Following the transaction, the insider now directly owns 143,210 shares in the company, valued at approximately $7,133,290.10. This trade represents a 11.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,431 shares of company stock worth $1,067,505. 3.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on NBHC shares. Keefe, Bruyette & Woods upped their price objective on National Bank from $47.00 to $52.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. Piper Sandler raised their price target on shares of National Bank from $44.00 to $48.00 and gave the stock a “neutral” rating in a research note on Thursday, October 24th. Hovde Group lowered shares of National Bank from an “outperform” rating to a “market perform” rating and set a $55.00 price objective for the company. in a research report on Monday, November 18th. Stephens upped their price objective on shares of National Bank from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Finally, DA Davidson lifted their target price on shares of National Bank from $51.00 to $53.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $51.40.

View Our Latest Stock Report on National Bank

About National Bank

(Get Free Report)

National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States. It offers deposit products, including checking, savings, money market, and other deposit accounts, including fixed-rate and fixed maturity time deposits.

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Earnings History for National Bank (NYSE:NBHC)

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