National Bank (NYSE:NBHC – Get Free Report) released its quarterly earnings data on Tuesday. The financial services provider reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06), Briefing.com reports. The business had revenue of $99.31 million during the quarter, compared to analysts’ expectations of $102.96 million. National Bank had a net margin of 21.40% and a return on equity of 10.54%. The firm’s quarterly revenue was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 earnings per share.
National Bank Price Performance
NBHC stock traded down $0.16 during midday trading on Thursday, reaching $43.12. The company had a trading volume of 84,314 shares, compared to its average volume of 198,238. The company has a market capitalization of $1.63 billion, a P/E ratio of 12.44 and a beta of 0.86. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.91 and a quick ratio of 0.91. National Bank has a 1 year low of $28.38 and a 1 year high of $46.51. The firm has a 50-day moving average price of $38.51 and a 200-day moving average price of $35.89.
National Bank Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were paid a $0.28 dividend. This is an increase from National Bank’s previous quarterly dividend of $0.27. This represents a $1.12 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend was Friday, May 31st. National Bank’s dividend payout ratio (DPR) is currently 32.18%.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on NBHC
National Bank Company Profile
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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