National Bank (NYSE:NBHC) Given Buy Rating at DA Davidson

DA Davidson reaffirmed their buy rating on shares of National Bank (NYSE:NBHC) in a report published on Wednesday morning,Benzinga reports. They currently have a $46.00 price objective on the financial services provider’s stock.

Other research analysts have also issued reports about the stock. Zacks Research raised shares of National Bank from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. Stephens upgraded National Bank from an “equal weight” rating to an “overweight” rating and set a $42.00 price target for the company in a research note on Monday, November 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of National Bank in a report on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $44.75.

National Bank Price Performance

NBHC stock opened at $39.83 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. National Bank has a 52-week low of $32.83 and a 52-week high of $44.11. The stock’s 50 day moving average is $39.17 and its two-hundred day moving average is $38.40. The company has a market capitalization of $1.51 billion, a PE ratio of 12.60 and a beta of 0.81.

National Bank (NYSE:NBHC) last released its earnings results on Tuesday, January 27th. The financial services provider reported $0.60 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.27). National Bank had a net margin of 18.66% and a return on equity of 8.70%. The business had revenue of $100.64 million for the quarter, compared to analysts’ expectations of $107.48 million. During the same quarter last year, the company posted $0.86 earnings per share. Analysts predict that National Bank will post 3.31 earnings per share for the current fiscal year.

National Bank Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 3.2%. This is a positive change from National Bank’s previous quarterly dividend of $0.31. The ex-dividend date is Friday, February 27th. National Bank’s dividend payout ratio (DPR) is currently 39.24%.

Hedge Funds Weigh In On National Bank

Several institutional investors have recently made changes to their positions in NBHC. Deprince Race & Zollo Inc. raised its position in shares of National Bank by 215.4% during the 4th quarter. Deprince Race & Zollo Inc. now owns 1,162,432 shares of the financial services provider’s stock worth $44,184,000 after purchasing an additional 793,902 shares during the period. Assenagon Asset Management S.A. acquired a new stake in National Bank in the third quarter worth $25,869,000. Millennium Management LLC increased its position in National Bank by 2,057.9% in the first quarter. Millennium Management LLC now owns 199,453 shares of the financial services provider’s stock worth $7,633,000 after buying an additional 190,210 shares during the period. Two Sigma Investments LP lifted its stake in National Bank by 146.3% in the third quarter. Two Sigma Investments LP now owns 304,987 shares of the financial services provider’s stock valued at $11,785,000 after buying an additional 181,137 shares during the last quarter. Finally, Citadel Advisors LLC boosted its holdings in shares of National Bank by 144.1% during the third quarter. Citadel Advisors LLC now owns 236,354 shares of the financial services provider’s stock valued at $9,133,000 after acquiring an additional 139,527 shares during the period. 92.65% of the stock is owned by institutional investors.

National Bank News Roundup

Here are the key news stories impacting National Bank this week:

• Positive Sentiment: DA Davidson reaffirmed a “buy” rating and set a $46.00 price target (~15% upside from current levels), offering analyst support that could underpin the shares. Read More.
• Positive Sentiment: Board increased the quarterly dividend to $0.32 (annualized yield ~3.2%) and confirmed the ex-dividend date (Feb 27) — a cash-return signal that may attract income-focused investors.
• Positive Sentiment: Company boosted its buyback program alongside the dividend update, which can support the share price by reducing float and signaling management confidence. Read More.
• Neutral Sentiment: Q4 earnings call transcript is available for details on management commentary and guidance — useful for assessing whether the miss reflects one-offs or ongoing pressure. Read More.
• Negative Sentiment: The company missed Q4 estimates: EPS $0.60 vs. $0.87 expected and revenue $100.6M vs. $107.5M consensus — an earnings shortfall that likely prompted the intraday weakness. Read More.
• Negative Sentiment: Short interest jumped ~47% in January to ~794k shares (≈2.2% of float), increasing downside pressure and potential volatility if shorts cover or pile on.
• Neutral Sentiment: Press coverage and summaries (Business Insider, Durango Herald) provide varied takeaways — read management remarks for context on margins, credit trends and buyback timing. Read More.

National Bank Company Profile

National Bank Holdings Corporation (NYSE: NBHC) is a diversified financial services holding company headquartered in Cape Girardeau, Missouri. Through its network of community bank subsidiaries, the company provides deposit, lending and payment solutions to consumer, small business and commercial clients across multiple U.S. markets.

Since its founding in 1992, National Bank Holdings has pursued a growth strategy focused on acquiring and integrating locally branded community banks. Its footprint spans the Midwest and Southern United States, including Missouri, Kansas, Oklahoma, Texas, Colorado, Illinois and Tennessee.