NBH Holdings Corp (NBHC) - NYSE
  • Fri, May 20, 12:11 PM
    • "The days of negative provisioning are pretty much dead," says D.A. Davidson's Kevin Reevey. "Now, they're going to have to take provisioning expense and build up reserves based on loan growth."
    • Total bank loan loss reserves were north of $250B in Q1 2010, before falling to about $24B at the end of last year. Amid the energy crash, they edged higher in Q1. Naturally, those lenders with the most exposure to energy posted some of the largest reserve increases in Q1. "It wasn't just the levels that [oil] went to, it was the speed at which prices dropped," says Peter Guilfoile, chief credit officer at one of those banks - Comerica (NYSE:CMA). Colorado-based National Bank Holdings (NYSE:NBHC) posted the largest Q/Q increase in reserves-to-loans, jumping 39 basis points to 1.43%.
    • Meanwhile, there were plenty of other banks which actually saw declines in that ratio, notably Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), and U.S. Bancorp (NYSE:USB). These and other lenders in that bucket can thank denominator of that ratio growing quickly enough to offset reserve builds.
    • Source: SNL Financial's Zach Fox and Venkatesh Iyer
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    | Fri, May 20, 12:11 PM | 15 Comments
  • Wed, May 4, 5:55 PM
    • NBH Holdings (NYSE:NBHC) declares $0.05/share quarterly dividend, in line with previous.
    • Forward yield 1.02%
    • Payable June 15; for shareholders of record May 27; ex-div May 25.
    | Wed, May 4, 5:55 PM
  • Thu, Apr. 21, 4:24 PM
    • NBH Holdings (NYSE:NBHC): Q1 EPS of $0.01 misses by $0.19.
    • Revenue of $38.04M (-2.5% Y/Y) misses by $9.2M.
    • Press Release
    | Thu, Apr. 21, 4:24 PM
  • Thu, Jan. 28, 4:37 PM
    • NBH Holdings (NYSE:NBHC): Q4 EPS of $0.11 misses by $0.03.
    • Revenue of $55.35M (+47.7% Y/Y) beats by $6.92M.
    • Press Release
    | Thu, Jan. 28, 4:37 PM
  • Thu, Jan. 21, 4:59 PM
    • NBH Holdings (NYSE:NBHC) declares $0.05/share quarterly dividend, in line with previous.
    • Forward yield 1.07%
    • Payable March 15; for shareholders of record Feb. 26; ex-div Feb. 24.
    | Thu, Jan. 21, 4:59 PM
  • Dec. 8, 2015, 1:35 PM
    • The selloff in financial names is a broad one, but those seen as especially reliant on energy deals and lending are suffering worst as oil and natural gas make new multi-year lows.
    • Among the movers: Comerica (CMA -2.9%), Zions (ZION -3.3%), Prosperity (PB -3.3%), Cullen/Frost (CFR -2.6%), MidSouth Bancorp (MSL -1.4%), BOK Financial (BOKF -3.2%), Hancock Holding (HBHC -3.8%), Green Bancorp (GNBC -0.1%), Iberiabank (IBKC -3%), National Bank Holdings (NBHC -0.5%), Texas Capital (TCBI -4.6%), Independent Bank Group (IBTX -2.6%), Interstate BancSystem (FIBK -1.1%), First Financial Bankshares (FFIN -3.5%).
    • Screening the whole group against the KRE finds only Interstate BancSystem as outperforming over the past month.
    | Dec. 8, 2015, 1:35 PM | 1 Comment
  • Nov. 4, 2015, 5:46 PM
    • NBH Holdings (NYSE:NBHC) declares $0.05/share quarterly dividend, in line with previous.
    • Forward yield 0.9%
    • Payable Dec. 15; for shareholders of record Nov. 27; ex-div Nov. 24.
    | Nov. 4, 2015, 5:46 PM
  • Oct. 22, 2015, 4:32 PM
    • NBH Holdings (NYSE:NBHC): Q3 EPS of $0.05 beats by $0.01.
    • Revenue of $42.44M (-2.5% Y/Y) beats by $0.52M.
    | Oct. 22, 2015, 4:32 PM
  • Aug. 5, 2015, 5:11 PM
    • NBH Holdings (NYSE:NBHC) declares $0.05/share quarterly dividend, in line with previous.
    • Forward yield 0.92%
    • Payable Sept. 15; for shareholders of record Aug. 28; ex-div Aug. 26.
    | Aug. 5, 2015, 5:11 PM
  • Jul. 23, 2015, 4:22 PM
    • NBH Holdings (NYSE:NBHC): Q2 EPS of $0.03 beats by $0.05.
    • Revenue of $41.60M (-6.7% Y/Y) beats by $0.96M.
    | Jul. 23, 2015, 4:22 PM | 1 Comment
  • May 7, 2015, 6:37 AM
    • NBH Holdings (NYSE:NBHC) declares $0.05/share quarterly dividend, in line with previous.
    • Forward yield 1.04%
    • Payable June 15; for shareholders of record May 29; ex-div May 27.
    | May 7, 2015, 6:37 AM
  • Apr. 23, 2015, 4:23 PM
    • NBH Holdings (NYSE:NBHC): Q1 EPS of $0.03 beats by $0.02.
    • Revenue of $39M (-9.3% Y/Y) misses by $2.27M.
    | Apr. 23, 2015, 4:23 PM
  • Jan. 29, 2015, 5:20 PM
    • NBH Holdings (NYSE:NBHC): Q4 EPS of $0.06 beats by $0.01.
    • Revenue of $43.84M (-1.5% Y/Y) in-line.
    | Jan. 29, 2015, 5:20 PM
  • Jan. 22, 2015, 4:26 PM
    • NBH Holdings (NYSE:NBHC) declares $0.05/share quarterly dividend, in line with previous.
    • Forward yield 1.09%
    • Payable March 13; for shareholders of record Feb. 27; ex-div Feb. 25.
    | Jan. 22, 2015, 4:26 PM
  • Dec. 8, 2014, 1:17 PM
    • Dallas-based Comerica (CMA -1.3%) is an outlier to the downside among the regional names as oil tumbles another 3.7% to the lowest level since the summer of 2009.
    • Other lenders with sizable Texas-operations and exposure to energy credit: MidSouth Bancorp (MSL +0.9%), BOK Financial (BOKF -0.6%), Cullen/Frost (CFR -1.5%), Hancock Holding (HBHC -0.9%), Green Bancorp (GNBC -0.7%), ViewPoint Financial (VPFG -0.5%), Iberiabank (IBKC +0.1%), National Bank Holdings (NBHC +0.1%), Texas Capital (TCBI -1.3%), Prosperity Bancshares (PB -0.8%), Independent Bank Group (IBTX -1%), Hilltop Holdings (HTH -0.7%), First Interstate BancSystem (FIBK +0.4%), First Financial Bankshares (FFIN -0.8%)
    | Dec. 8, 2014, 1:17 PM | 5 Comments
  • Dec. 3, 2014, 11:51 AM
    • Philip van Doorn puts together a list of 15 lenders with sizable Texas operations, ranked by their exposure to energy credit as a percent of total loans:
    • MidSouth Bancorp (NYSE:MSL), BOK Financial (NASDAQ:BOKF), Cullen/Frost (NYSE:CFR), Hancock Holding (NASDAQ:HBHC), Green Bancorp (NASDAQ:GNBC), ViewPoint Financial (NASDAQ:VPFG), Iberiabank (NASDAQ:IBKC), National Bank Holdings (NYSE:NBHC), Texas Capital Bancshares (NASDAQ:TCBI), Prosperity Bancshares (NYSE:PB), Comerica (NYSE:CMA), Independent Bank Group (NASDAQ:IBTX), Hilltop Holdings (NYSE:HTH), First Interstate BancSystem (NASDAQ:FIBK), First Financial Bankshares (NASDAQ:FFIN).
    • All are lower over the last month, and Sterne Agee's Brett Rabatin calls it an overreaction in at least a few cases. While the decline in oil prices will slow lending growth, it would take oil at $60 or lower for a year before credit issues might arise, giving the banks plenty of time to build reserves. He's got Buy ratings on CMA, HTH, IBTX, MSL, and PB.
    | Dec. 3, 2014, 11:51 AM | 1 Comment
Company Description
National Bank Holdings Corp. engages in the provision of banking products and financial services to both commercial and consumer clients. It operates through its NBH Bank, N.A subsidiary. It offers small business loans, equipment loans, term loans, asset-backed loans, letters of credit,... More
Sector: Financial
Country: United States