National Bank Holdings Corporation (NBHC) - Net Assets
Based on the latest financial reports, National Bank Holdings Corporation (NBHC) has net assets worth $1.67 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.59 Billion) and total liabilities ($10.92 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check NBHC capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.67 Billion |
| % of Total Assets | 13.26% |
| Annual Growth Rate | 1.47% |
| 5-Year Change | -80.69% |
| 10-Year Change | 158.33% |
| Growth Volatility | 190.2 |
National Bank Holdings Corporation - Net Assets Trend (2009–2025)
This chart illustrates how National Bank Holdings Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is National Bank Holdings Corporation worth.
Annual Net Assets for National Bank Holdings Corporation (2009–2025)
The table below shows the annual net assets of National Bank Holdings Corporation from 2009 to 2025. Also explore NBHC year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.39 Billion | +6.13% |
| 2024-12-31 | $1.31 Billion | +7.61% |
| 2023-12-31 | $1.21 Billion | +11.04% |
| 2022-12-31 | $1.09 Billion | -84.78% |
| 2021-12-31 | $7.17 Billion | +774.21% |
| 2020-12-31 | $820.69 Million | +7.01% |
| 2019-12-31 | $766.92 Million | +10.35% |
| 2018-12-31 | $695.01 Million | +30.54% |
| 2017-12-31 | $532.41 Million | -0.71% |
| 2016-12-31 | $536.19 Million | -13.17% |
| 2015-12-31 | $617.54 Million | -22.28% |
| 2014-12-31 | $794.58 Million | -11.50% |
| 2013-12-31 | $897.79 Million | -17.68% |
| 2012-12-31 | $1.09 Billion | +0.17% |
| 2011-12-31 | $1.09 Billion | +9.56% |
| 2010-12-31 | $993.76 Million | -9.45% |
| 2009-12-31 | $1.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to National Bank Holdings Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 57399500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $572.46 Million | 41.33% |
| Common Stock | $515.00K | 0.04% |
| Other Comprehensive Income | $-44.05 Million | -3.18% |
| Other Components | $856.18 Million | 61.81% |
| Total Equity | $1.39 Billion | 100.00% |
National Bank Holdings Corporation Competitors by Market Cap
The table below lists competitors of National Bank Holdings Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo Lamosa S.A.B. de C.V
MX:LAMOSA
|
$1.84 Billion |
|
Guangzhou Kingmed Diagnostics Group Co Ltd
SHG:603882
|
$1.84 Billion |
|
Aksa Enerji Uretim AS
IS:AKSEN
|
$1.84 Billion |
|
Cury Construtora e Incorporadora S.A
SA:CURY3
|
$1.84 Billion |
|
HUTCHMED (China) Limited
F:H7T1
|
$1.84 Billion |
|
Westshore Terminals Investment Corp
TO:WTE
|
$1.84 Billion |
|
Chin Hin Group Bhd
KLSE:5273
|
$1.84 Billion |
|
SVG Optronics Co Ltd
SHE:300331
|
$1.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Bank Holdings Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,305,075,000 to 1,385,114,000, a change of 80,039,000 (6.1%).
- Net income of 109,574,000 contributed positively to equity growth.
- Dividend payments of 46,055,000 reduced retained earnings.
- Share repurchases of 15,169,000 reduced equity.
- Other comprehensive income increased equity by 25,995,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $109.57 Million | +7.91% |
| Dividends Paid | $46.05 Million | -3.32% |
| Share Repurchases | $15.17 Million | -1.1% |
| Other Comprehensive Income | $26.00 Million | +1.88% |
| Other Changes | $5.69 Million | +0.41% |
| Total Change | $- | 6.13% |
Book Value vs Market Value Analysis
This analysis compares National Bank Holdings Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.97x to 1.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $20.98 | $41.31 | x |
| 2010-12-31 | $19.00 | $41.31 | x |
| 2011-12-31 | $20.90 | $41.31 | x |
| 2012-12-31 | $20.89 | $41.31 | x |
| 2013-12-31 | $18.90 | $41.31 | x |
| 2014-12-31 | $20.14 | $41.31 | x |
| 2015-12-31 | $20.05 | $41.31 | x |
| 2016-12-31 | $19.52 | $41.31 | x |
| 2017-12-31 | $19.71 | $41.31 | x |
| 2018-12-31 | $22.11 | $41.31 | x |
| 2019-12-31 | $24.32 | $41.31 | x |
| 2020-12-31 | $26.41 | $41.31 | x |
| 2021-12-31 | $230.93 | $41.31 | x |
| 2022-12-31 | $33.42 | $41.31 | x |
| 2023-12-31 | $31.82 | $41.31 | x |
| 2024-12-31 | $33.97 | $41.31 | x |
| 2025-12-31 | $36.28 | $41.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Bank Holdings Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.76%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 7.14x
- Recent ROE (7.91%) is above the historical average (4.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -0.14% | -318.92% | 0.00x | 1.00x | $-111.28 Million |
| 2010 | 0.61% | 25.90% | 0.00x | 5.14x | $-93.32 Million |
| 2011 | 3.85% | 18.40% | 0.04x | 5.83x | $-66.91 Million |
| 2012 | -0.05% | -0.20% | 0.05x | 4.96x | $-109.60 Million |
| 2013 | 0.77% | 3.06% | 0.05x | 5.47x | $-82.85 Million |
| 2014 | 1.15% | 3.95% | 0.05x | 6.07x | $-70.28 Million |
| 2015 | 0.79% | 2.37% | 0.04x | 7.58x | $-56.87 Million |
| 2016 | 4.30% | 11.51% | 0.04x | 8.53x | $-30.56 Million |
| 2017 | 2.74% | 7.16% | 0.04x | 9.10x | $-38.66 Million |
| 2018 | 8.84% | 21.03% | 0.05x | 8.17x | $-8.05 Million |
| 2019 | 10.48% | 24.52% | 0.06x | 7.69x | $3.67 Million |
| 2020 | 10.79% | 25.03% | 0.05x | 8.12x | $6.52 Million |
| 2021 | 1.30% | 30.58% | 0.04x | 1.01x | $-623.85 Million |
| 2022 | 6.53% | 20.57% | 0.04x | 8.77x | $-37.95 Million |
| 2023 | 11.71% | 25.66% | 0.06x | 8.20x | $20.77 Million |
| 2024 | 9.10% | 19.99% | 0.06x | 7.52x | $-11.69 Million |
| 2025 | 7.91% | 18.76% | 0.06x | 7.14x | $-28.94 Million |
Industry Comparison
This section compares National Bank Holdings Corporation's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $574,041,500
- Average return on equity (ROE) among peers: 7.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| National Bank Holdings Corporation (NBHC) | $1.67 Billion | -0.14% | 6.54x | $1.84 Billion |
| Ameris Bancorp (ABCB) | $141.98 Million | 7.29% | 7.40x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $804.48 Million | 9.14% | 8.77x | $5.62 Billion |
| ACNB Corporation (ACNB) | $61.12 Million | 12.64% | 7.91x | $656.47 Million |
| Affinity Bancshares Inc (AFBI) | $45.08 Million | 2.57% | 4.16x | $140.18 Million |
| Alerus Financial Corp (ALRS) | $182.82 Million | 9.36% | 8.54x | $822.80 Million |
| Amalgamated Bank (AMAL) | $439.37 Million | 10.16% | 9.66x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $747.42 Million | 6.13% | 9.87x | $979.96 Million |
| Arrow Financial Corporation (AROW) | $334.39 Million | 12.21% | 10.03x | $708.35 Million |
| Associated Banc-Corp (ASB) | $2.88 Billion | 5.86% | 7.41x | $5.62 Billion |
| AmeriServ Financial Inc (ASRV) | $107.25 Million | 3.36% | 12.26x | $78.95 Million |
About National Bank Holdings Corporation
National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States. It offers deposit products, including checking, savings, money market, health savings, and other deposit accounts, including fixed-rate and fixed maturity time deposits. The company al… Read more