National Bank Holdings

What National Bank Holdings does

National Bank Holdings Corporation (NYSE: NBHC) is a Greenwood Village, Colorado-based bank holding company that operates a multi-brand community banking franchise through its primary subsidiary, NBH Bank. Founded in 2009 and publicly traded on the NYSE, the company serves small-to-medium-sized businesses, individual consumers, government and non-profit entities, and high-net-worth individuals across 8 states plus Florida (Colorado, Kansas, Missouri, Wyoming, Idaho, New Mexico, Texas, Utah, and Palm Beach FL) via more than 100 banking centers under five regional brands — Community Banks of Colorado, Bank Midwest, Bank of Jackson Hole, Hillcrest Bank, and Vista Bank — plus a trust and wealth management unit (Bank of Jackson Hole Trust). The Vista Bancshares acquisition closed on January 7, 2026 for approximately $377.4 million, expanding pro forma assets to $12.6 billion and deposits to $10.7 billion, and brought the geographic footprint into Dallas-Ft. Worth, Austin, Lubbock, and Palm Beach.

The company's core technology platform is centralized, enabling consistent operating policies and scale efficiencies across the multiple regional brands. It additionally operates two technology/digital platforms: 2UniFi, a digital banking ecosystem for small business clients offering treasury management depository capabilities and streamlined SBA loan origination (first phase launched Q3 2025), and Cambr, a financial technology platform integrated into the bank's digital offerings. Banking products span commercial lending, residential mortgages, consumer lending, SBA loans, treasury management, wealth management, and trust/estate services.

Revenue is generated primarily through net interest income ($108.8 million in Q1 2026) — the spread between interest earned on loans and interest paid on deposits — supplemented by non-interest income from service charges, bank card fees, mortgage banking, trust income, swap fees, and gains on partnership investments ($18.0 million in Q1 2026). Quarterly dividends of $0.32 per share, raised for 10 consecutive years, returning capital to shareholders alongside an authorized $100 million share repurchase program. The pro forma entity following Vista carries approximately 1,001-5,000 employees and reported Q1 2026 adjusted EPS of $0.72, up 34.6% year-over-year, with a 4.06% net interest margin that expanded 17 basis points quarter-over-quarter.

Name

National Bank Holdings

Legal name

National Bank Holdings Corporation

Website

https://nationalbankholdings.com

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

National Bank Holdings Corporation is a Colorado-based bank holding company operating NBH Bank under multiple regional brands — Community Banks of Colorado, Bank Midwest, Bank of Jackson Hole, Hillcrest Bank, and Vista Bank — serving SMBs, consumers, government entities, and high-net-worth individuals across 8 states plus Florida through 100+ banking centers and digital platforms.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Offices of Bank Holding Companies (551111), Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

Keywords

• Community banking services
• Commercial lending
• Treasury management
• Mortgage lending
• Wealth management services

Headquarters

HQ city

Greenwood Village

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Primary revenue source from the spread between interest earned on loans (commercial, residential, consumer) and interest paid on deposits. Represents the majority of total revenue with Q1 2026 net interest income of $108.8 million.
2. Non-Interest Income: Diversified fee income including service charges, bank card fees, mortgage banking income, trust income, swap fees, and gains on partnership investments. Q1 2026 non-interest income totaled $18.0 million.
3. Dividend Income: Returns to shareholders through quarterly cash dividends. Company has raised dividends for 10 consecutive years, currently paying $0.32 per share quarterly.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

National Bank Holdings operates as a multi-brand bank holding company providing commercial and consumer banking, treasury management, SBA lending, residential mortgage, and trust/wealth management services through its NBH Bank subsidiary. The company reaches customers across 8 states plus Florida via more than 100 physical banking centers operating under five regional sub-brands (Community Banks of Colorado, Bank Midwest, Bank of Jackson Hole, Hillcrest Bank, Vista Bank), and increasingly through digital platforms such as 2UniFi for small business clients.

Product overview

National Bank Holdings Corporation operates as a bank holding company with a multi-brand community banking franchise model. The company offers a comprehensive suite of banking products and services through its primary subsidiary NBH Bank, which operates under multiple regional sub-brands including Community Banks of Colorado, Bank Midwest, Bank of Jackson Hole, Hillcrest Bank, and Vista Bank (acquired January 2026). Core banking services include personal and private banking, business and commercial banking, SBA loans, treasury management solutions, mortgage lending, and wealth management. The company also offers digital technology platforms including 2UniFi (digital banking ecosystem for small business clients) and Cambr (fintech platform). Trust and estate planning services are provided through Bank of Jackson Hole Trust. The combined organization serves individual consumers, small-to-medium sized businesses, large businesses, and government/non-profit entities across nine states with over 100 banking centers.

Differentiator

Problem solved

Functional benefit

Brands

• 2UniFi: Digital banking platform focused on small business clients with treasury management depository capabilities and streamlined SBA loan offering
• Cambr

Products and services

• NBH Bank Commercial and Consumer Banking Full-service commercial and consumer banking services through the company's primary banking subsidiary, with over 100 banking centers serving personal banking, business banking, treasury management, SBA loans, and mortgage lending customers.
• Community Banks of Colorado - Regional Banking Services Regional banking brand offering personalized banking services in Colorado with personal and private banking, business and commercial banking, SBA loans, treasury management, mortgage loans, and wealth management solutions.
• Bank Midwest - Regional Banking Services Regional banking brand serving Kansas and Missouri with personal, business, and agricultural banking solutions emphasizing relationship banking, fairness, and simplicity.
• Bank of Jackson Hole - Wyoming Regional Banking Regional banking brand in Wyoming providing personalized community banking services, private banking, and wealth management solutions with full-service banking centers.
• Bank of Jackson Hole Trust - Wealth Management and Trust Services Trust and wealth management division providing trust administration, estate planning, and private banking services for high-net-worth individuals, operating under Wyoming state charter.
• Hillcrest Bank - Regional Banking Services Regional banking brand operating in Idaho, New Mexico, Texas, and Utah offering personal, commercial, and small business banking with client-focused, flexible financial solutions.
• Vista Bank - Texas and Florida Banking Services Acquired banking brand operating across Texas markets (Dallas-Ft. Worth, Austin, Lubbock) and Palm Beach, Florida, offering personal, commercial, and small business banking with a relationship-banking model; brand retained for future Texas integration in 2026.
• 2UniFi Digital Banking Platform Innovative digital banking ecosystem built to empower business entrepreneurs with treasury management depository capabilities and streamlined SBA loan offerings. The first phase launched in Q3 2025 and is focused on small business clients.
• Cambr Financial Technology Platform Financial technology platform offering digital banking services and solutions, integrated into NBHC's digital ecosystem.

Quantifiable outcome

• Record quarterly loan fundings of $805.5 million in Q1 2026
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Vista Bancshares, Inc.coreStrategic or Co-development Partner · 15 September 2025Vista Bancshares, Inc. was acquired by National Bank Holdings Corporation on January 7, 2026 in a transaction valued at approximately $377.4 million. Vista Bank operates in Dallas-Ft. Worth, Austin, and Lubbock, Texas and Palm Beach, Florida. Vista shareholders received 3.1161 shares of NBHC Class A common stock plus $31.62 in cash per share, owning approximately 16% of NBHC on a fully diluted basis. The acquisition expanded NBHC's assets to approximately $12.6 billion and deposits to $10.7 billion.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Glacier Bancorp: Multi-bank holding company strategy operating 20+ community bank divisions across the Western U.S. — virtually identical operating model to NBHC's multi-brand community banking franchise, with similar scale, geographic focus, and centralized core platform approach.
• First Interstate BancSystem: Multi-state community bank holding company serving Mountain West and Midwest markets with comparable asset size (~$30B) and similar commercial/consumer lending mix, providing a close regional-bank comparable.
• United Community Banks: Southeast-focused regional bank holding company with similar commercial banking emphasis, comparable sub-$20B asset size, and a track record of community-bank M&A — directly comparable in business model and scale.
• First Busey Corporation: Midwest/Southeast regional bank holding company of comparable size with a multi-brand strategy and strong commercial banking focus — closely comparable in scale, geography, and operating approach.
• CVB Financial: California-focused community bank holding company with similar asset size (~$15B) and conservative commercial-banking profile — a directly comparable peer for valuation and profitability benchmarking.
• Pacific Premier Bancorp: Western U.S. regional bank holding company with similar asset size and commercial banking emphasis, providing a comparable for valuation, deposit mix, and SMB banking franchise quality.
• Stock Yards Bancorp: Mid-size regional bank holding company (~ $7B assets) with a relationship-driven commercial banking model similar to NBHC's brand portfolio strategy — comparable in operating approach and target customer segments.
• TowneBank: Mid-Atlantic/Southeast community-oriented bank holding company with similar size and a strong commercial/SMB banking franchise — comparable in customer mix and conservative growth profile.
• S&T Bancorp: Mid-Atlantic community bank holding company with comparable asset size (~$9B) and a similar emphasis on commercial lending, treasury management, and relationship banking.

Broad incumbents

• Bank of Hawaii: Established regional bank with diversified commercial/consumer banking, wealth management (similar to Bank of Jackson Hole Trust), and consistent dividend record — a broader incumbent with overlapping community-banking characteristics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/national-bank-holdings-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Bank Holdings