Media coverage about National Bank (NYSE:NBHC) has been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. National Bank earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 47.5278372219778 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of National Bank (NYSE NBHC) traded up $0.56 during midday trading on Friday, hitting $34.27. The company had a trading volume of 407,914 shares, compared to its average volume of 153,704. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $920.08, a price-to-earnings ratio of 65.91, a price-to-earnings-growth ratio of 1.82 and a beta of 0.72. National Bank has a 12-month low of $30.10 and a 12-month high of $37.08.
National Bank (NYSE:NBHC) last posted its earnings results on Thursday, January 25th. The financial services provider reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. The company had revenue of $45.80 million during the quarter, compared to analyst estimates of $47.87 million. National Bank had a return on equity of 6.39% and a net margin of 7.16%. During the same quarter in the prior year, the business earned $0.36 earnings per share. equities research analysts anticipate that National Bank will post 1.89 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Friday, February 23rd will be issued a dividend of $0.09 per share. The ex-dividend date is Thursday, February 22nd. This represents a $0.36 annualized dividend and a dividend yield of 1.05%. National Bank’s dividend payout ratio is presently 69.23%.
NBHC has been the topic of several research analyst reports. Zacks Investment Research upgraded National Bank from a “hold” rating to a “buy” rating and set a $38.00 price objective on the stock in a research report on Saturday, January 13th. Hovde Group set a $35.00 target price on National Bank and gave the stock a “hold” rating in a research report on Wednesday, January 3rd. Keefe, Bruyette & Woods reissued a “hold” rating and set a $37.00 price objective on shares of National Bank in a research note on Friday, December 22nd. Finally, BidaskClub cut National Bank from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $35.83.
In other National Bank news, insider Richard U. Jr. Newfield sold 25,000 shares of the stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $33.20, for a total transaction of $830,000.00. Following the sale, the insider now directly owns 127,507 shares of the company’s stock, valued at approximately $4,233,232.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert E. Dean sold 3,076 shares of the stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $33.74, for a total value of $103,784.24. Following the sale, the director now directly owns 22,910 shares in the company, valued at $772,983.40. The disclosure for this sale can be found here. Corporate insiders own 7.60% of the company’s stock.
National Bank Company Profile
National Bank Holdings Corporation (NBH) is a bank holding company. Through Bank Midwest, N.A. (Bank Midwest), NBH’s primary business is to offer a range of products and financial services to both its commercial and consumer customers, located in Kansas, Missouri and Colorado. The Company offers an array of lending products to cater to the customers’ needs, including, but not limited to, small business loans, equipment loans, term loans, asset-backed loans, letters of credit, commercial lines of credit, residential mortgage loans, home equity and consumer loans.
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