Source: National Bank Holdings Corporation's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$32.36M
$35.76M
$37.65M
$46.92M
$46.17M
$47.15M
Interest expense
$25.06M
$13.82M
$17.85M
$133.46M
—
—
Pre-tax income
$109.40M
$114.97M
$86.18M
$175.60M
$145.25M
$133.63M
Income tax
$20.81M
$21.36M
$14.91M
$33.55M
$26.43M
$24.05M
Net income
$88.59M
$93.61M
$71.27M
$142.05M
$118.81M
$109.57M
EPS (basic)
$2.87
$3.04
$2.20
$3.74
$3.10
$2.86
EPS (diluted)
$2.85
$3.01
$2.18
$3.72
$3.08
$2.85
Diluted shares
31.08M
31.07M
32.68M
38.11M
38.42M
38.09M
Net margin
273.8%
261.8%
189.3%
302.7%
257.3%
232.4%
Balance sheet
fiscal years · USD
Fiscal year
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$605.57M
$845.70M
$195.50M
$190.83M
$127.85M
$417.06M
Goodwill
$115.03M
$115.03M
$279.13M
$306.04M
$306.04M
$306.04M
Total assets
$6.66B
$7.21B
$9.57B
$9.95B
$9.81B
$9.88B
Long-term debt
—
$39.48M
$53.89M
$54.20M
$54.51M
$54.54M
Total debt
—
$39.48M
$53.89M
$54.20M
$54.51M
$54.54M
Total liabilities
$5.84B
$6.37B
$8.48B
$8.74B
$8.50B
$8.50B
Shareholders' equity
$820.69M
$840.11M
$1.09B
$1.21B
$1.31B
$1.39B
Cash flow
fiscal years · USD
Fiscal year
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
-$6.21M
$179.50M
$214.63M
$166.94M
$155.27M
$162.42M
Free cash flow
-$6.21M
$179.50M
$214.63M
$166.94M
$155.27M
$162.42M
Investing cash flow
-$152.59M
-$473.84M
-$752.14M
-$404.03M
$64.66M
$186.49M
Financing cash flow
$654.18M
$528.99M
-$114.20M
$230.90M
-$284.41M
-$59.70M
Dividends paid
$24.82M
$26.89M
$30.45M
$39.64M
$42.95M
$46.05M
Share buybacks
$19.48M
$36.40M
—
—
—
$15.17M
Stock-based compensation
$5.30M
$5.54M
$6.06M
$7.22M
$8.05M
$7.25M
Depreciation & amortization
$14.45M
$13.59M
$16.45M
$23.85M
$24.19M
$28.10M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$10.46M
$11.01M
$11.69M
$12.06M
$11.41M
$10.82M
$11.12M
$11.28M
$13.94M
$11.36M
$11.94M
$12.23M
Interest expense
$45.20M
$47.70M
—
—
—
—
—
—
—
—
—
—
Pre-tax income
$38.90M
$38.89M
$31.75M
$39.88M
$34.73M
$29.85M
$41.54M
$43.15M
$19.09M
$25.94M
$32.61M
-$11.99M
Income tax
$5.78M
$7.50M
$5.62M
$6.78M
$6.54M
$5.62M
$7.52M
$7.86M
$3.05M
$5.15M
$6.12M
-$3.23M
Net income
$33.12M
$31.39M
$26.14M
$33.10M
$28.18M
$24.23M
$34.02M
$35.28M
$16.04M
$20.79M
$26.49M
-$8.76M
EPS (basic)
$0.87
$0.82
$0.68
$0.86
$0.73
$0.63
$0.89
$0.92
$0.42
$0.46
$0.58
$-0.20
EPS (diluted)
$0.87
$0.82
$0.68
$0.86
$0.72
$0.63
$0.88
$0.92
$0.42
$0.46
$0.58
$-0.20
Diluted shares
17.30K
38.19M
38.37M
38.50M
51.11K
38.23M
38.15M
38.03M
-51.29K
44.61M
44.92M
44.76M
Net margin
316.6%
285.2%
223.6%
274.4%
246.9%
223.9%
306.1%
312.9%
115.1%
183.1%
221.9%
-71.7%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$190.83M
$292.93M
$144.99M
$180.80M
$127.85M
$246.30M
$296.48M
$555.56M
$417.06M
$472.79M
$380.70M
$364.80M
Goodwill
$306.04M
$306.04M
$306.04M
$306.04M
$306.04M
$306.04M
$306.04M
$306.04M
$306.04M
$454.67M
$455.41M
$459.48M
Total assets
$9.95B
$9.97B
$9.97B
$9.99B
$9.81B
$10.10B
$10.00B
$10.15B
$9.88B
$12.61B
$12.59B
$12.73B
Long-term debt
$54.20M
$54.28M
$54.36M
$54.43M
$54.51M
$54.59M
$54.38M
$54.74M
$54.54M
$202.14M
$202.00M
$201.88M
Total debt
$54.20M
$54.28M
$54.36M
$54.43M
$54.51M
$54.59M
$54.38M
$54.74M
$54.54M
$202.14M
$202.00M
$201.88M
Total liabilities
$8.74B
$8.74B
$8.72B
$8.70B
$8.50B
$8.77B
$8.65B
$8.78B
$8.50B
$10.95B
$10.92B
$11.10B
Shareholders' equity
$1.21B
$1.23B
$1.25B
$1.29B
$1.31B
$1.33B
$1.35B
$1.37B
$1.39B
$1.66B
$1.67B
$1.63B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$44.62M
$29.96M
$31.92M
$46.97M
$46.43M
$39.62M
$32.34M
$52.39M
$38.06M
-$56.83M
$135.13M
$66.07M
Free cash flow
$44.62M
$29.96M
$31.92M
$46.97M
$46.43M
$39.62M
$32.34M
$52.39M
$38.06M
-$56.83M
$135.13M
$66.07M
Investing cash flow
-$198.66M
$93.62M
-$61.54M
-$87.78M
$120.36M
-$127.48M
$86.74M
$206.66M
$20.57M
$46.55M
-$258.15M
-$213.53M
Financing cash flow
$53.57M
-$22.97M
-$118.31M
$76.61M
-$219.74M
$206.31M
-$68.90M
$18.00K
-$197.13M
$66.02M
$30.92M
$131.56M
Dividends paid
$10.26M
$10.31M
$10.79M
$10.72M
$11.12M
$11.28M
$11.52M
$11.44M
$11.80M
$14.74M
$14.52M
$14.43M
Share buybacks
—
—
—
—
—
—
—
$8.80M
$2.13M
$16.11M
$11.13M
$11.89M
Stock-based compensation
$1.86M
$1.58M
$2.09M
$2.00M
$2.38M
$1.70M
$1.99M
$2.15M
$1.41M
$6.35M
$7.07M
$7.43M
Depreciation & amortization
$6.34M
$6.02M
$6.00M
$5.86M
$6.31M
$6.33M
$5.92M
$7.58M
$8.27M
$8.96M
$11.14M
$10.33M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.