Earnings ·
Reports Q3 net loss of $8.8M, or ($0.20) per share, driven by $40.6M provision expense
NBHCNational Bank Holdings Corp
National Bank Holdings Corporation reported a third-quarter 2026 net loss of $8.8 million, or ($0.20) diluted earnings per share, compared to net income of $26.5 million in the prior quarter. The results were significantly impacted by a $40.6 million provision for credit losses related to specifically identified commercial credits in the franchise and healthcare sectors, as well as $15.2 million in pre-tax acquisition and restructuring expenses. Adjusted net income was $2.9 million, or $0.06 per diluted share. The company also recorded a $4.0 million impairment on a third-party FinTech partnership investment. National Bank Holdings Corporation operates a network of banking centers across the western United States.