National Bank (NYSE:NBHC – Get Free Report) posted its quarterly earnings results on Tuesday. The financial services provider reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06), Briefing.com reports. National Bank had a return on equity of 10.44% and a net margin of 21.40%. The business had revenue of $99.31 million during the quarter, compared to analysts’ expectations of $102.96 million. During the same period in the prior year, the firm posted $0.85 earnings per share. The firm’s revenue for the quarter was down 5.5% on a year-over-year basis.
National Bank Trading Up 0.8 %
NYSE NBHC traded up $0.34 during trading hours on Friday, hitting $43.33. 349,905 shares of the company were exchanged, compared to its average volume of 201,433. National Bank has a 52 week low of $28.38 and a 52 week high of $46.51. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 0.07. The stock has a 50-day moving average price of $38.65 and a 200 day moving average price of $35.94. The stock has a market cap of $1.64 billion, a PE ratio of 12.35 and a beta of 0.86.
National Bank Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were given a $0.28 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $1.12 annualized dividend and a yield of 2.58%. This is a positive change from National Bank’s previous quarterly dividend of $0.27. National Bank’s dividend payout ratio (DPR) is currently 32.18%.
Analyst Ratings Changes
Read Our Latest Analysis on NBHC
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.
Further Reading
- Five stocks we like better than National Bank
- Airline Stocks – Top Airline Stocks to Buy Now
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- How to Invest in Insurance Companies: A Guide
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for National Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Bank and related companies with MarketBeat.com's FREE daily email newsletter.