National Bank Holdings (NBHC) Misses Q4 Revenue Estimates, Profit Falls 26.6%

National Bank Holdings (NYSE: NBHC) reported Q4 CY2025 revenue of $100.6 million, missing analyst expectations with a 5.5% year-over-year decline. Non-GAAP earnings per share came in at $0.60, falling 26.6% below consensus estimates. Net interest income, which comprised 79.6% of total revenue over the past five years, drove the shortfall. The stock declined 2.5% to $39.04 following the earnings release. Tangible book value per share grew 11.3% annually over the last two years to $27.80, though consensus forecasts only 5% growth to $29.18 over the next 12 months.