National Bank Holdings Corp
NBHC · National Commercial Banks · 44.8M shares · +5%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $8M (gross $15M, SBC $7M)
Reference price $41.84 · est. market cap ~$1.9B — last insider sale, 2026-05-20 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C66National Bank Holdings — Colorado/Mountain-West bank with low leverage.
Strengths
- Very low leverage (9th pct); strong operating cash margin (82nd)
Risks
- ROE 7.9% (27th) below median; net income down
- Rate sensitivity; integration
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
232.4%
Return on equity
7.9%
Return on assets
1.1%
Revenue growth (QoQ)
-18.5%
Net-income growth
-7.8%
Debt / equity
0.0×
Tangible book value
$1.0B
Cash & investments
$417M
Stock comp / revenue
15.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Steinmetz John | Tax withheld | 3.1K | $42.92 |
| 2026-05-20 | Spring Maria F | Sell | 963 | $41.84 |
| 2026-05-07 | Clermont Ralph W | Grant | 3.6K | — |
| 2026-05-07 | Gupta Alka | Grant | 3.2K | — |
| 2026-05-07 | Dean Robert E | Grant | 3.2K | — |
| 2026-05-07 | Doyle Robin Ann | Grant | 3.2K | — |
| 2026-05-07 | ZEILE ART | Grant | 3.2K | — |
| 2026-05-07 | Sobers Patrick G. | Grant | 3.2K | — |
| 2026-05-07 | Joseph Fred J. | Grant | 3.2K | — |
| 2026-05-07 | McLaughlin Kirk | Grant | 3.2K | — |
| 2026-05-07 | Spring Maria F | Grant | 3.2K | — |
| 2026-05-06 | Joseph Fred J. | Tax withheld | 686 | $42.96 |
| 2026-05-06 | Doyle Robin Ann | Tax withheld | 663 | $42.96 |
| 2026-05-06 | Gupta Alka | Tax withheld | 729 | $42.96 |
| 2026-05-06 | Sobers Patrick G. | Tax withheld | 580 | $42.96 |
| 2026-05-06 | McLaughlin Kirk | Tax withheld | 312 | $42.96 |
| 2026-05-06 | Spring Maria F | Tax withheld | 696 | $42.96 |
| 2026-05-06 | Clermont Ralph W | Tax withheld | 807 | $42.96 |
| 2026-05-06 | Dean Robert E | Tax withheld | 613 | $42.96 |
| 2026-05-06 | ZEILE ART | Tax withheld | 686 | $42.96 |
| 2026-04-28 | PETRUCCI ANGELA NICOLE | Tax withheld | 1.3K | $43.27 |
| 2026-04-28 | Sznewajs Daniel L | Tax withheld | 254 | $43.27 |
| 2026-04-28 | Gooden Emily | Tax withheld | 232 | $43.27 |
| 2026-04-28 | Van Denabeele Nicole | Tax withheld | 679 | $43.27 |
| 2026-04-28 | Birkans Aldis | Tax withheld | 3.3K | $43.27 |
| 2026-04-28 | Newfield Richard U Jr. | Tax withheld | 2.0K | $43.27 |
| 2026-04-28 | LANEY G. TIMOTHY | Tax withheld | 8.0K | $43.27 |
| 2026-03-17 | Sznewajs Daniel L | Grant | 3.2K | — |
| 2026-03-17 | Gooden Emily | Grant | 517 | — |
| 2026-03-17 | Van Denabeele Nicole | Grant | 5.8K | — |
| 2026-03-17 | Birkans Aldis | Grant | 16K | — |
| 2026-03-17 | Newfield Richard U Jr. | Grant | 2.8K | — |
| 2026-03-17 | PETRUCCI ANGELA NICOLE | Grant | 4.2K | — |
| 2026-03-17 | LANEY G. TIMOTHY | Grant | 33K | — |
| 2026-03-01 | Van Denabeele Nicole | Grant | 568 | — |
| 2026-03-01 | Van Denabeele Nicole | Tax withheld | 269 | $39.99 |
| 2026-03-01 | Birkans Aldis | Grant | 3.0K | — |
| 2026-03-01 | Birkans Aldis | Tax withheld | 1.3K | $39.99 |
| 2026-03-01 | Newfield Richard U Jr. | Grant | 2.1K | — |
| 2026-03-01 | Newfield Richard U Jr. | Tax withheld | 1.0K | $39.99 |
| 2026-03-01 | PETRUCCI ANGELA NICOLE | Grant | 1.4K | — |
| 2026-03-01 | PETRUCCI ANGELA NICOLE | Tax withheld | 693 | $39.99 |
| 2026-03-01 | LANEY G. TIMOTHY | Grant | 9.1K | — |
| 2026-03-01 | LANEY G. TIMOTHY | Tax withheld | 2.7K | $39.99 |
| 2026-02-24 | PETRUCCI ANGELA NICOLE | Option exercise | 675 | $19.56 |
| 2026-02-24 | PETRUCCI ANGELA NICOLE | Tax withheld | 448 | $40.19 |
| 2026-02-11 | Steinmetz John | Buy | 24K | $41.41 |
| 2026-02-11 | Birkans Aldis | Option exercise | 3.1K | $19.56 |
| 2026-02-11 | Birkans Aldis | Tax withheld | 2.3K | $41.53 |
| 2026-01-30 | Steinmetz John | Grant | 12K | — |
| 2026-01-07 | Steinmetz John | Grant | 95K | — |
| 2026-01-07 | McLaughlin Kirk | Grant | 3.5K | — |
| 2026-01-07 | McLaughlin Kirk | Grant | 978 | — |
| 2026-01-07 | McLaughlin Kirk | Grant | 378K | — |
| 2026-01-07 | McLaughlin Kirk | Grant | 205K | — |
| 2026-01-07 | McLaughlin Kirk | Grant | 15K | — |
| 2026-01-07 | Steinmetz John | Grant | 442K | — |
| 2026-01-07 | Steinmetz John | Tax withheld | 38K | $39.33 |
| 2026-01-07 | Steinmetz John | Grant | 229K | — |
| 2026-01-07 | Birkans Aldis | Grant | 190K | — |
| 2026-01-07 | LANEY G. TIMOTHY | Grant | 378K | — |
| 2025-11-11 | Spring Maria F | Sell | 6.2K | $37.14 |
| 2025-10-27 | Gupta Alka | Tax withheld | 729 | $37.20 |
| 2025-10-27 | Sobers Patrick G. | Tax withheld | 530 | $37.20 |
| 2025-10-27 | Joseph Fred J. | Tax withheld | 686 | $37.20 |
| 2025-10-27 | Spring Maria F | Tax withheld | 696 | $37.20 |
| 2025-10-27 | Dean Robert E | Tax withheld | 414 | $37.20 |
| 2025-10-27 | ZEILE ART | Tax withheld | 686 | $37.20 |
| 2025-10-27 | Doyle Robin Ann | Tax withheld | 547 | $37.20 |
| 2025-10-01 | Gooden Emily | Tax withheld | 21 | $38.40 |
| 2025-10-01 | Van Denabeele Nicole | Tax withheld | 138 | $38.40 |
| 2025-05-27 | Spring Maria F | Sell | 1.2K | $37.02 |
| 2025-04-30 | Spring Maria F | Grant | 3.3K | — |
| 2025-04-30 | Gupta Alka | Grant | 3.3K | — |
| 2025-04-30 | ZEILE ART | Grant | 3.3K | — |
| 2025-04-30 | Clermont Ralph W | Grant | 3.9K | — |
| 2025-04-30 | Dean Robert E | Grant | 3.3K | — |
| 2025-04-30 | Doyle Robin Ann | Grant | 3.3K | — |
| 2025-04-30 | Joseph Fred J. | Grant | 3.3K | — |
| 2025-04-30 | Sobers Patrick G. | Grant | 3.3K | — |
| 2025-04-29 | ZEILE ART | Tax withheld | 743 | $36.44 |
| 2025-04-29 | Joseph Fred J. | Tax withheld | 743 | $36.44 |
| 2025-04-29 | Spring Maria F | Tax withheld | 628 | $36.44 |
| 2025-04-29 | Sobers Patrick G. | Tax withheld | 430 | $36.44 |
| 2025-04-29 | Doyle Robin Ann | Tax withheld | 806 | $36.44 |
| 2025-04-29 | Gupta Alka | Tax withheld | 789 | $36.44 |
| 2025-04-28 | Van Denabeele Nicole | Tax withheld | 291 | $35.86 |
| 2025-04-28 | Birkans Aldis | Tax withheld | 2.5K | $35.86 |
| 2025-04-28 | LANEY G. TIMOTHY | Tax withheld | 6.4K | $35.86 |
| 2025-04-28 | PETRUCCI ANGELA NICOLE | Tax withheld | 1.1K | $35.86 |
| 2025-04-28 | Newfield Richard U Jr. | Tax withheld | 1.7K | $35.86 |
| 2025-04-28 | Gooden Emily | Tax withheld | 243 | $35.86 |
| 2025-04-28 | Sznewajs Daniel L | Tax withheld | 112 | $35.86 |
| 2025-04-01 | Birkans Aldis | Grant | 8.5K | — |
| 2025-04-01 | Newfield Richard U Jr. | Grant | 4.8K | — |
| 2025-04-01 | PETRUCCI ANGELA NICOLE | Grant | 3.2K | — |
| 2025-04-01 | Van Denabeele Nicole | Grant | 3.1K | — |
| 2025-04-01 | Sznewajs Daniel L | Grant | 1.5K | — |
| 2025-04-01 | LANEY G. TIMOTHY | Grant | 19K | — |
| 2025-04-01 | Gooden Emily | Grant | 520 | — |
| 2025-03-01 | LANEY G. TIMOTHY | Grant | 15K | — |
| 2025-03-01 | LANEY G. TIMOTHY | Tax withheld | 6.5K | $41.87 |
| 2025-03-01 | Kramer Valerie D. | Grant | 1.9K | — |
| 2025-03-01 | Kramer Valerie D. | Tax withheld | 652 | $41.87 |
| 2025-03-01 | Van Denabeele Nicole | Grant | 1.1K | — |
| 2025-03-01 | Van Denabeele Nicole | Tax withheld | 475 | $41.87 |
| 2025-03-01 | PETRUCCI ANGELA NICOLE | Grant | 2.9K | — |
| 2025-03-01 | PETRUCCI ANGELA NICOLE | Tax withheld | 1.4K | $41.87 |
| 2025-03-01 | Newfield Richard U Jr. | Grant | 5.2K | — |
| 2025-03-01 | Newfield Richard U Jr. | Tax withheld | 2.4K | $41.87 |
| 2025-03-01 | Birkans Aldis | Grant | 6.3K | — |
| 2025-03-01 | Birkans Aldis | Tax withheld | 2.9K | $41.87 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-12 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-05-07 | OtherExhibits | filing ↗ |
| 2026-05-04 | Reg FDExhibits | filing ↗ |
| 2026-04-21 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-19 | Exec/director changeExhibits | filing ↗ |
| 2026-02-11 | Material agreementDebt obligationReg FDExhibits | filing ↗ |
| 2026-02-10 | Reg FDExhibits | filing ↗ |
| 2026-02-05 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-12 | 2026-05-07 | 0001475841-26-000030 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001475841-26-000027 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001475841-26-000025 ↗ |
| 8-K | 2026-05-04 | 2026-05-04 | 0001475841-26-000021 ↗ |
| 8-K | 2026-04-21 | 2026-04-21 | 0001475841-26-000018 ↗ |
| 10-K | 2026-02-24 | 2025-12-31 | 0001104659-26-019119 ↗ |
| 8-K | 2026-02-19 | 2026-02-13 | 0001475841-26-000009 ↗ |
| 8-K | 2026-02-11 | 2026-02-11 | 0001104659-26-013385 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0001475841-26-000006 ↗ |
| 8-K | 2026-02-05 | 2026-02-05 | 0001104659-26-010572 ↗ |
| 8-K | 2026-02-04 | 2026-02-04 | 0001104659-26-010369 ↗ |
| 8-K | 2026-01-27 | 2026-01-27 | 0001475841-26-000003 ↗ |