National Bank (NYSE:NBHC – Get Free Report) issued its earnings results on Wednesday. The financial services provider reported $0.82 EPS for the quarter, topping the consensus estimate of $0.79 by $0.03, Briefing.com reports. The company had revenue of $149.43 million for the quarter, compared to the consensus estimate of $101.98 million. National Bank had a net margin of 25.40% and a return on equity of 12.20%. During the same period in the previous year, the firm earned $1.06 earnings per share.
National Bank Stock Performance
Shares of NYSE NBHC traded down $0.09 during trading on Thursday, reaching $34.31. 30,937 shares of the company traded hands, compared to its average volume of 164,444. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $1.30 billion, a PE ratio of 9.23 and a beta of 0.84. The firm has a 50 day simple moving average of $34.19 and a 200-day simple moving average of $34.08. National Bank has a 52-week low of $26.48 and a 52-week high of $38.71.
Analysts Set New Price Targets
A number of brokerages have issued reports on NBHC. TheStreet downgraded shares of National Bank from a “b” rating to a “c+” rating in a research report on Monday, March 18th. Piper Sandler boosted their price objective on shares of National Bank from $40.00 to $41.00 and gave the company an “overweight” rating in a research report on Thursday, January 25th. Finally, StockNews.com raised shares of National Bank from a “sell” rating to a “hold” rating in a research report on Saturday, April 20th.
About National Bank
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, and other deposit accounts, including fixed-rate and fixed maturity time deposits.
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