Export financials
National Bank Holdings Corporation (NBHC)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
CSV downloads as a ZIP archive with one file for each report and frequency.

National Bank Holdings Corporation Income Statement 2025-2009 | NBHC
Brief overview of profit and loss at National Bank Holdings Corporation
The overview follows changes across a five-year period. Revenue reported by National Bank Holdings Corporation was $32.4 million at the beginning of the period and $47.1 million at the end. The five-year change reached +45.4%, while CAGR stood at 7.8%. This represents moderate business growth.
The net result moved from $88.6 million to $110 million, or +23.7%. There was no meaningful strengthening in net profitability.
The market value of the business moved from $1.2 billion to $1.5 billion, or +30.9%. The share-price trend was broadly consistent with improving results.
Conclusion
The financial direction is broadly positive, although industry context still matters. The financial profile benefits from a larger revenue base and net-income growth. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement National Bank Holdings Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
1.52 B | 1.61 B | 1.26 B | 1.32 B | 1.36 B | 1.16 B | 1.05 B | 990 M | 892 M | 854 M | 603 M | 728 M | 948 M | 957 M | - | - | - |
Shares |
38 M | 38.2 M | 37.9 M | 32.4 M | 30.7 M | 30.9 M | 31.3 M | 30.9 M | 27 M | 26.3 M | 30.6 M | 39.4 M | 47.4 M | 52.3 M | - | 53 M | - |
Historical Prices |
40.1 | 42.1 | 33.2 | 40.8 | 44.2 | 37.7 | 29 | 33.3 | 29.7 | 29.7 | 17.2 | 16.4 | 17.1 | 15.6 | - | - | - |
Net Income |
110 M | 119 M | 142 M | 71.3 M | 93.6 M | 88.6 M | 80.4 M | 61.5 M | 14.6 M | 23.1 M | 4.88 M | 9.18 M | 6.93 M | -543 K | 42 M | 12.9 M | - |
Revenue |
47.1 M | 45.8 M | 46.9 M | 38.3 M | 36.2 M | 32.4 M | 291 M | 263 M | 186 M | 186 M | 189 M | 205 M | 210 M | 239 M | 245 M | - | - |
Cost of Revenue |
148 M | 146 M | 138 M | 125 M | 128 M | 141 M | 123 M | 115 M | 80.2 M | 79.8 M | 83 M | 82.8 M | 90 M | 94.1 M | 67.5 M | 25.9 M | - |
Interest Expense |
349 M | 345 M | 133 M | 17.9 M | 13.8 M | 25.1 M | 36.8 M | 24 M | 18.1 M | 14.8 M | 14.5 M | 14.4 M | 16.5 M | 29.2 M | 41.7 M | 5.51 M | - |
EBITDA |
28.1 M | 24.2 M | 23.9 M | 16.4 M | 13.6 M | 14.4 M | - | - | - | - | - | - | - | - | - | 228 K | - |
Operating Expenses |
- | - | - | - | - | - | 229 M | 218 M | 168 M | 174 M | 185 M | 171 M | 205 M | 266 M | - | - | - |
General and Administrative Expenses |
- | - | - | - | - | - | 133 M | 128 M | 90.1 M | 89 M | 98.1 M | 109 M | 106 M | 105 M | 87.8 M | - | - |
All numbers in USD currency
Quarterly Income Statement National Bank Holdings Corporation
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
44.7 M | 44.4 M | 37.9 M | 38.1 M | 38.1 M | 38.1 M | 38.3 M | 38.2 M | 38 M | 37.8 M | 38 M | 38 M | 37.8 M | 37.6 M | 31.3 M | 30.2 M | 30.1 M | 30 M | 30.8 M | 30.9 M | 30.8 M | 30.6 M | 30.8 M | 30.7 M | 31.2 M | 31.2 M | 31.3 M | 31.2 M | 31 M | 30.8 M | 30.9 M | 30.7 M | 30.5 M | 26.9 M | 26.9 M | 27 M | 26.8 M | 26.4 M | 27.7 M | 29.2 M | 30.1 M | 30.4 M | 32.7 M | 36.2 M | 38 M | 38.9 M | 41.8 M | 43.9 M | 44.8 M | 44.9 M | 51.5 M | 52.1 M | 52.3 M | 52.3 M | 52.2 M | 52.2 M | 52.2 M | 52.2 M | 51.9 M | - | - |
Net Income |
26.5 M | 20.8 M | 35.3 M | 34 M | 24.2 M | - | 33.1 M | 26.1 M | 31.4 M | - | 36.1 M | 32.6 M | 40.3 M | - | 15.8 M | 20.4 M | 18.4 M | - | 19.8 M | 24.2 M | 26.8 M | 27.2 M | 27.9 M | 17.7 M | 15.8 M | 19.5 M | 21.6 M | 20.3 M | 18.9 M | 17.2 M | 18.2 M | 17.5 M | 8.46 M | -10.1 M | 7.23 M | 9.21 M | 8.26 M | 9.99 M | 8.31 M | 4.5 M | 251 K | 3.34 M | 1.64 M | -1.34 M | 1.25 M | 2.28 M | 3.34 M | 2.13 M | 1.43 M | 1 M | 947 K | 2.9 M | 2.08 M | 3 M | -7.89 M | 2.7 M | 1.64 M | 2.45 M | 33.8 M | 1.68 M | 4.07 M |
Revenue |
11.9 M | 11.3 M | 11.3 M | 11.1 M | 10.8 M | - | 12.1 M | 11.5 M | 11 M | - | 13 M | 13.4 M | 10.1 M | - | 9.93 M | 8.49 M | 8.58 M | - | - | - | - | - | - | - | 23.5 M | - | - | - | 17.1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
54.4 M | 57 M | 37.8 M | 37.7 M | 34.4 M | - | 37.3 M | 36.9 M | 36.5 M | - | 35 M | 35.2 M | 33 M | - | 30.5 M | 28.8 M | 29.3 M | - | 32.6 M | 31.4 M | 33.5 M | - | 38.6 M | 36.5 M | 33.2 M | - | 33.5 M | 30.7 M | 27.9 M | - | 28.1 M | 29.1 M | 30.7 M | - | 19.4 M | 19.9 M | 20.4 M | - | 20.1 M | 19.6 M | 20.6 M | - | 20.5 M | 21.2 M | 20.1 M | - | 21.1 M | 20.4 M | 20.8 M | - | 22.6 M | 23.8 M | 23 M | - | 27.2 M | 22.6 M | 22.4 M | - | 22.1 M | - | - |
Interest Expense |
109 M | 109 M | 88.2 M | 87.4 M | 86.7 M | - | 87.7 M | 83.6 M | 84 M | - | 87.8 M | 89.8 M | 18.6 M | - | 3.28 M | 2.82 M | 2.86 M | - | 3.23 M | 3.58 M | 3.99 M | 4.73 M | 5.59 M | 6.42 M | 8.32 M | 9.23 M | 9.59 M | 9.7 M | 8.25 M | 7.15 M | 6.14 M | 5.52 M | 5.14 M | 4.98 M | 4.68 M | 4.44 M | 4.02 M | 3.87 M | 3.7 M | 3.72 M | 3.52 M | 3.56 M | 3.63 M | 3.66 M | 3.61 M | 3.7 M | 3.6 M | 3.58 M | 3.54 M | 3.79 M | 4.01 M | 4.19 M | 4.53 M | 5.12 M | 6.55 M | 7.93 M | 9.63 M | 10.9 M | 9.81 M | 9.84 M | 11.1 M |
EBITDA |
20.1 M | 8.96 M | 19.8 M | 1.95 M | 6.33 M | - | 1.98 M | 1.98 M | 6.02 M | - | 2.01 M | 2.01 M | 5.12 M | - | 383 K | 296 K | 3.42 M | - | 11.5 M | 296 K | 4.08 M | - | 11.8 M | 7.6 M | 3.6 M | - | 11.1 M | 7.38 M | 2.53 M | - | 8.91 M | 6.04 M | 2.98 M | - | 9.86 M | 6.63 M | 3.34 M | - | 10.9 M | 7.39 M | 3.82 M | - | 11.6 M | 7.75 M | 3.88 M | - | 12.1 M | 8.37 M | 4.18 M | - | 11.7 M | 7.68 M | 3.81 M | - | 8.95 M | 5.6 M | 2.5 M | - | 4.64 M | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company National Bank Holdings Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.