National Bank Holdings Corp

National Bank Holdings Corp is a U.S. bank holding company headquartered in Greenwood Village, Colorado, operating primarily through NBH Bank and Bank of Jackson Hole Trust. It provides commercial, business, consumer, mortgage, treasury management, and trust and wealth management services through a regional branch network and digital channels across the Mountain West and selected Midwest and Texas markets.

232,6 %

+2,9 %

— National Bank Holdings Corp
%
Commercial and specialty banking45% Loans, deposits, and related banking services for small and medium-sized businesses and commercial clients.
Consumer banking20% Retail banking products for individuals, including checking, savings, and consumer lending.
Mortgage banking15% Residential mortgage origination, servicing, and related home lending products.
Treasury and cash management10% Payment, liquidity, and working-capital tools for business clients.
Trust and wealth management10% Trust administration, fiduciary services, and wealth management for clients and families.

NBHC serves commercial, business, and consumer clients, with a stated focus on small- to medium-sized businesses in its...

  • Small- and medium-sized businessesprimary

    They buy loans, deposits, treasury management, and advisory banking services to manage working capital and payments.

  • Commercial and specialty banking clientsprimary

    They use relationship-based lending, deposit accounts, and cash management products tailored to local businesses.

  • Retail consumerssecondary

    They buy checking, savings, consumer loans, card services, and digital banking access.

  • Mortgage borrowerssecondary

    They use residential mortgage products and related home financing services.

  • Trust and wealth management clientssecondary

    They buy fiduciary, trust, and wealth services for asset administration and planning.

NBHC operates primarily in Colorado, the greater Kansas City region, Texas, Utah, Wyoming, New Mexico, and Idaho...

  • •Colorado is the headquarters market and a core operating base
  • •Greater Kansas City region is a key banking footprint
  • •Texas, Utah, Wyoming, New Mexico, and Idaho extend the franchise
  • •Over 90 banking centers support local deposit and lending relationships
  • •Digital banking expands reach beyond branch locations

NBHC’s strategy centers on relationship banking for small and medium-sized businesses, disciplined credit underwriting,...

01
Grow core loans and depositsshort-term

The banking model depends on attracting stable deposits and originating high-quality earning assets.

02
Scale digital banking and 2UniFimedium-term

Digital tools can broaden client reach and improve retention while supporting business cash-management needs.

03
Pursue disciplined acquisitionsmedium-term

Acquisitions can expand geography and diversify revenue if integration and credit discipline are maintained.

NBHC is exposed to credit risk, interest-rate risk, and intense competition for deposits and loans, all of which are...

high

Credit risk and allowance for credit losses

The bank’s earnings depend on loan quality, and losses can increase when borrowers weaken or the economy slows.

Scope
Commercial, consumer, and mortgage portfolios
Materiality
high
high

Interest-rate and funding risk

Net interest income depends on the spread between asset yields and deposit/funding costs.

Scope
Loan book, securities portfolio, core deposits
Materiality
high
medium

Competitive pressure

Large national banks, regional banks, credit unions, and fintechs compete aggressively on price and service.

Scope
Deposits, loans, mortgage origination, digital banking
Materiality
high
medium

Acquisition and integration risk

Growth through acquisitions can create integration, systems, and customer-retention challenges.

Scope
M&A execution and post-close integration
Materiality
medium
medium

Regulatory and government-program risk

Banking is highly regulated and some lending channels depend on FHA and SBA programs.

Scope
Compliance, mortgage, and SBA-related origination/servicing
Materiality
medium
Allowance for credit losses
Loan-loss reserve and earnings volatility
Acquired loan accounting
Net interest income and balance sheet carrying values
Goodwill and intangible impairment
Potential non-cash charges to earnings and equity
Fair value measurements
OCI, earnings, and balance sheet values

SECURITY NATIONAL FINANCIAL CORP

SNFCA · Finance Services

PARK NATIONAL CORP /OH/

PRK · National Commercial Banks

NATIONAL BANKSHARES INC

NKSH · National Commercial Banks

NB Bancorp, Inc.

NBBK · Savings Institutions, Not Federally Chartered

Metropolitan Bank Holding Corp.

MCB · State Commercial Banks

NBT BANCORP INC

NBTB · National Commercial Banks

: 29.4.2026