National Bank (NYSE:NBHC) posted its earnings results on Wednesday. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.22, MarketWatch Earnings reports. National Bank had a net margin of 23.03% and a return on equity of 10.63%.
NBHC opened at $36.00 on Friday. The stock has a market capitalization of $1.10 billion, a PE ratio of 13.90 and a beta of 1.05. National Bank has a 1-year low of $20.25 and a 1-year high of $36.62. The firm has a 50-day moving average price of $33.92 and a two-hundred day moving average price of $30.23.
A number of analysts have weighed in on the stock. DA Davidson downgraded shares of National Bank from a “buy” rating to a “neutral” rating and set a $35.00 price target for the company. in a report on Friday, November 20th. TheStreet raised shares of National Bank from a “c+” rating to a “b” rating in a report on Friday, October 16th. Zacks Investment Research downgraded shares of National Bank from a “buy” rating to a “hold” rating in a report on Thursday, December 24th. Finally, Piper Sandler dropped their target price on shares of National Bank from $30.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, October 1st.
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. The company offers deposit products, including checking accounts, savings accounts, money market accounts, and other deposit accounts, including fixed-rate and fixed maturity time deposits.
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