National Bank Holdings Corp 8-K
Research Summary
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National Bank Holdings Reports 2025 Results; $0.32 Dividend & $100M Buyback
What Happened
- On January 27, 2026, National Bank Holdings Corporation (NBHC) issued a press release (furnished as Exhibit 99.1) announcing its financial results for the quarter and year ended December 31, 2025.
- The Board declared a quarterly cash dividend of $0.32 per share of Class A common stock, payable March 13, 2026 to holders of record as of the close of business on February 27, 2026.
- The Board also authorized a new stock repurchase program allowing NBHC to buy up to $100.0 million of its common stock in the open market or in private transactions; no time limit was set. This replaces the prior program (authorized May 9, 2023), under which $15.2 million had been repurchased through January 27, 2026.
Key Details
- Press release date: January 27, 2026; covers quarter and year ended December 31, 2025 (full results in Exhibit 99.1).
- Quarterly dividend: $0.32 per share; record date Feb 27, 2026; payment date Mar 13, 2026.
- New share repurchase authorization: up to $100.0 million; no expiration; replaces prior program (prior repurchases = $15.2M).
- Future dividends and repurchases remain subject to Board approval and will depend on financial position, regulatory requirements, and other factors.
Why It Matters
- The dividend provides a near‑term cash return to shareholders and the repurchase program gives management a tool to reduce outstanding shares or support the stock price over time. Both are direct ways the company can return capital to investors.
- The 8‑K notes the company reported its 2025 results but does not include the detailed financial figures in the filing text — investors should review the attached press release (Exhibit 99.1) for revenues, earnings, and other performance metrics before making decisions.
- The size of the new $100M buyback (and elimination of a time limit) signals material available capital flexibility; however, actual repurchases will depend on market conditions and Board/management discretion.