National Bank (NYSE:NBHC) will issue its quarterly earnings data after the market closes on Wednesday, April 18th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.
National Bank (NYSE:NBHC) last announced its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.03. The business had revenue of $45.80 million during the quarter, compared to the consensus estimate of $47.87 million. National Bank had a net margin of 7.16% and a return on equity of 6.39%. During the same quarter last year, the firm posted $0.36 EPS. On average, analysts expect National Bank to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NBHC opened at $33.21 on Monday. 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 $1,017.27, a PE ratio of 26.36, a P/E/G ratio of 1.79 and a beta of 0.69. National Bank has a 52-week low of $30.10 and a 52-week high of $37.08.
In other National Bank news, CFO Brian F. Lilly sold 154,358 shares of the firm’s stock in a transaction dated Tuesday, March 13th. The shares were sold at an average price of $33.67, for a total transaction of $5,197,233.86. Following the sale, the chief financial officer now directly owns 203,846 shares of the company’s stock, valued at approximately $6,863,494.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Burney S. Warren III sold 3,841 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $34.00, for a total transaction of $130,594.00. Following the sale, the director now directly owns 20,542 shares in the company, valued at $698,428. The disclosure for this sale can be found here. Over the last three months, insiders sold 257,968 shares of company stock worth $8,664,085. 7.60% of the stock is owned by corporate insiders.
A number of equities research analysts recently commented on NBHC shares. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $37.00 price objective on shares of National Bank in a research note on Friday, December 22nd. Zacks Investment Research raised shares of National Bank from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 27th. Hovde Group set a $35.00 price objective on shares of National Bank and gave the company a “hold” rating in a research note on Wednesday, January 3rd. Finally, DA Davidson raised shares of National Bank from a “neutral” rating to a “buy” rating and increased their price objective for the company from $36.00 to $38.00 in a research note on Tuesday, March 27th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. National Bank currently has a consensus rating of “Hold” and an average target price of $36.14.
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National Bank Company Profile
National Bank Holdings Corporation operates as the bank holding company for NBH Bank, N.A. that provides various banking products and financial services to commercial, business, and consumer clients in the United States. The company offers deposit products, including checking accounts, savings accounts, money market accounts, and other deposit accounts, including fixed-rate and fixed maturity time deposits.
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