National Bank Holdings Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 20, 2023 at 01:40 am IST
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National Bank Holdings Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 89.78 million compared to USD 56.02 million a year ago. Net income was USD 32.56 million compared to USD 20.36 million a year ago. Basic earnings per share from continuing operations was USD 0.86 compared to USD 0.67 a year ago. Diluted earnings per share from continuing operations was USD 0.85 compared to USD 0.67 a year ago.
For the six months, net interest income was USD 184.67 million compared to USD 102.68 million a year ago. Net income was USD 72.84 million compared to USD 38.71 million a year ago. Basic earnings per share from continuing operations was USD 1.92 compared to USD 1.28 a year ago. Diluted earnings per share from continuing operations was USD 1.91 compared to USD 1.27 a year ago.
National Bank Holdings Corporation is a bank holding company. The Company operates, through its subsidiaries, NBH Bank and Bank of Jackson Hole Trust (the Banks), which are a chartered banks and a member of the Federal Reserve System. The Bank provides a range of banking products to both commercial and consumer clients through a network of approximately 90 banking centers, located primarily in Colorado, the greater Kansas City region, Texas, Utah, and New Mexico, as well as through online and mobile banking products and services. The Bankâs distribution network also includes approximately 126 ATMs. The Bank offers personalized banking service to the clients, which includes services, such as loan and deposit services, online and mobile banking solutions, treasury management products, and services and trust and wealth management services. The Bankâs loan portfolio includes commercial and industrial loans, commercial real estate loans, residential real estate loans, and others.