National Bank FY2025 EPS Estimate Boosted by DA Davidson

National Bank Holdings Co. (NYSE:NBHCFree Report) – Analysts at DA Davidson boosted their FY2025 earnings per share estimates for shares of National Bank in a research report issued to clients and investors on Friday, January 24th. DA Davidson analyst J. Rulis now expects that the financial services provider will earn $3.65 per share for the year, up from their prior estimate of $3.45. DA Davidson currently has a “Buy” rating and a $53.00 price objective on the stock. The consensus estimate for National Bank’s current full-year earnings is $3.35 per share.

National Bank (NYSE:NBHCGet Free Report) last issued its earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.07. National Bank had a return on equity of 9.85% and a net margin of 19.82%.

A number of other research firms have also commented on NBHC. Hovde Group lowered National Bank from an “outperform” rating to a “market perform” rating and set a $55.00 price target for the company. in a research report on Monday, November 18th. Stephens upped their price objective on National Bank from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Piper Sandler upped their price objective on National Bank from $44.00 to $48.00 and gave the company a “neutral” rating in a research note on Thursday, October 24th. Finally, 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 note on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $51.40.

Get Our Latest Analysis on National Bank

National Bank Trading Up 0.1 %

NYSE NBHC opened at $42.51 on Monday. The firm has a market capitalization of $1.62 billion, a P/E ratio of 13.76 and a beta of 0.86. The business has a fifty day simple moving average of $45.01 and a 200 day simple moving average of $43.65. National Bank has a 12 month low of $32.13 and a 12 month high of $51.76. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.04.

Hedge Funds Weigh In On National Bank

Large investors have recently modified their holdings of the company. AQR Capital Management LLC grew its holdings in National Bank by 49.0% in the second quarter. AQR Capital Management LLC now owns 10,378 shares of the financial services provider’s stock worth $405,000 after purchasing an additional 3,415 shares during the period. SG Americas Securities LLC purchased a new stake in shares of National Bank during the third quarter valued at approximately $491,000. Leeward Investments LLC MA grew its holdings in shares of National Bank by 64.2% during the third quarter. Leeward Investments LLC MA now owns 374,638 shares of the financial services provider’s stock valued at $15,772,000 after buying an additional 146,494 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of National Bank by 36.1% during the third quarter. Principal Financial Group Inc. now owns 786,096 shares of the financial services provider’s stock valued at $33,095,000 after buying an additional 208,303 shares during the last quarter. Finally, Assetmark Inc. purchased a new stake in shares of National Bank during the third quarter valued at approximately $71,000. 92.65% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at National Bank

In related news, insider Richard U. Jr. Newfield sold 19,259 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was 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 of the company’s stock, valued at approximately $7,133,290.10. This trade represents a 11.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Valerie D. Kramer sold 897 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $50.11, for a total value of $44,948.67. Following the transaction, the insider now directly owns 9,755 shares in the company, valued at approximately $488,823.05. This represents a 8.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 21,431 shares of company stock valued at $1,067,505 in the last 90 days. Corporate insiders own 3.10% of the company’s stock.

National Bank Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $0.29 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.16 annualized dividend and a yield of 2.73%. National Bank’s dividend payout ratio is currently 37.54%.

National Bank Company Profile

(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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