NATIONAL BANK HOLDINGS financials
$39.23−1.03%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $587.3M | $599.5M | $559.3M | $352.0M | $311.3M | $358.3M | $325.4M | $292.2M | $203.6M | $200.5M |
| Gross profit | $416.1M | $406.6M | $425.9M | $334.1M | $297.5M | $333.2M | $288.6M | $268.2M | $185.5M | $185.7M |
| Gross margin | 70.8% | 67.8% | 76.1% | 94.9% | 95.6% | 93.0% | 88.7% | 91.8% | 91.1% | 92.6% |
| Operating income | $133.6M | $145.2M | $175.6M | $86.2M | $115.0M | $109.4M | $96.2M | $73.7M | $35.9M | $26.0M |
| Net income | $108.7M | $118.5M | $141.8M | $71.3M | $93.6M | $88.6M | $80.4M | $61.5M | $14.6M | $23.1M |
| Net margin | 18.5% | 19.8% | 25.4% | 20.2% | 30.1% | 24.7% | 24.7% | 21.0% | 7.2% | 11.5% |
| Diluted EPS | $2.85 | $3.08 | $3.72 | $2.18 | $3.01 | $2.85 | $2.55 | $1.95 | $0.53 | $0.79 |
| EBITDA | $133.6M | $145.2M | $175.6M | $86.2M | $115.0M | $111.7M | $97.1M | $73.7M | $35.9M | $26.0M |
| Operating cash flow | $162.4M | $155.3M | $166.9M | $214.6M | $179.5M | -$6.2M | $44.2M | $73.6M | $58.1M | -$3.9M |
| Free cash flow | $132.5M | $120.7M | $130.1M | $202.2M | $174.4M | -$10.6M | $33.0M | $67.3M | $52.5M | -$4.6M |
| Diluted shares | 38.1M | 38.4M | 38.1M | 32.7M | 31.1M | 31.1M | 31.5M | 31.4M | 27.7M | 29.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $417.1M | $127.8M | $190.8M | $195.5M | $845.2M | $605.1M |
| Short-term investments | $1.26B | $1.14B | $1.30B | $1.45B | $1.35B | $1.04B |
| Total debt | $54.5M | $104.5M | $394.2M | $438.9M | $39.5M | $0.00 |
| Total assets | $9.88B | $9.81B | $9.95B | $9.57B | $7.21B | $6.66B |
| Total liabilities | $8.50B | $8.50B | $8.74B | $8.48B | $6.37B | $5.84B |
| Shareholders' equity | $1.39B | $1.31B | $1.21B | $1.09B | $840.1M | $820.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology