National Bank Holdings Corp (NBHC) FY2025 10-K Annual Report

Filed: Feb 24, 2026
Financials
National Commercial BanksSEC EDGAR

National Bank Holdings Corp (NBHC) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 24, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

National Bank Holdings Corp FY2025 10-K Analysis

Business Overview

  • Core business model: Regional bank holding company providing banking and financial services through subsidiary banks
  • New regulatory exposure due to assets exceeding $10 billion post-acquisition, losing Durbin Amendment debit interchange fee exemption
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Management Discussion & Analysis

  • Revenue $424.0M, net interest income FTE up $3.9M to $356.4M in 2025 vs 2024
  • Operating margin (efficiency ratio ex intangibles) 58.43% vs 58.69% in 2024, net income $109.6M vs $118.8M, adjusted net income $117.6M vs $123.9M
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Risk Factors

  • Board Audit & Risk Committee oversees cybersecurity risk management program execution
  • CEO-appointed Chief Risk Management Officer leads Enterprise Risk Management Committee including cybersecurity
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National Bank Holdings Corp FY2025 Key Financial Metrics
XBRL

Revenue

$47M

+2.1% YoY

Net Income

$110M

-7.8% YoY

Net Margin

232.4%

-2493bp YoY

ROE

7.9%

-119bp YoY

Total Assets

$9.9B

+0.8% YoY

EPS (Diluted)

$2.85

-7.5% YoY

Operating Cash Flow

$162M

+4.6% YoY

Source: XBRL data from National Bank Holdings Corp FY2025 10-K filing on SEC EDGAR. All figures in USD.

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