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National Bank Holdings Corp Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest was filed 12 Feb 2026.
National Bank Holdings Corp: what insiders have been doing
Every trade that managers of National Bank Holdings Corp disclose to SEC (Form 4) is tracked on this page. The company sits in the Finance & Banking sector. 16 insiders have disclosed 41 filings since 18 October 2025.
Purchases and sales both appear in the filings: 1 purchase (1 insider, €843k) and 1 sale (1 insider, €200k). Taken together, the purchases exceed the sales by €643k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Steinmetz John filed the largest purchase, €843k, on 12 February 2026.
The last purchase on record was published on 12 February 2026, which is 248 days ago. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. US insiders must file a Form 4 within two business days of a trade.
Across the 5,812 companies tracked on its exchange, the median is 19 filings; at 41 filings, this issuer sits above that mark. The full history, which starts in 2021, counts 1 purchase against 20 sales. The 10-K for the year ended 31 December 2025 shows 109.6 m USD of net income and a dividend of 1.20 USD per share.
In the same sector, recent insider purchases at First Guaranty Bancshares, Inc. and Avidia Bancorp, Inc. also feature in our signals. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
250
Thresholds
n/a
Buy Volume
€842,855
1 ops. · all time
Sell Volume
€6M
20 ops. · all time
Who traded when
BuySaleMaria F. Spring2 sales
John Steinmetz1 buy
Since the insiders bought
- -1.5%Entry US$41.84 · Close at T+90 US$41.23
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate National Bank Holdings Corp Buy (bullish), based on 4 analysts. Average price target: US$45.00.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 2,832 of 24,148 companies
72.4
score / 100
Value75
Quality70
FCF yld7.9%
Earn yld6.5%
EV/EBITDA·
ROE6.5%
Gross mgn·
Net mgn26%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$37.56
Analyst consensus
4 analystsBuy
US$43.00Target US$45.00(+20%)US$49.00
Income statement
RevenueUS$411.6M
Net incomeUS$108.7M21.8% margin
Valuation
PER (trailing)15.8x
PER (forward)9.5x
P/Book1.0x
Beta0.83
Balance sheet & cash
Market capUS$1.7B
Total debtUS$54.5M
Free Cash FlowUS$132.5M
Profitability & ownership
ROE6.5%
ROA0.9%
% insiders5.8%
% institutions96.5%
Last declaration on 5 October 2026
Declarations250 total
138 shares@ US$39.170.0003% mcap1.8% of flowCommon StockSEC:0001743867-26-000008:0
21 shares@ US$39.170.0000% mcap2.7% of flowCommon StockSEC:0002037628-26-000006:0
26,683 shares@ US$34.040.050% mcap7.4% of flowCommon StockSEC:0001408749-26-000010:0
31,957 shares@ US$43.190.076% mcap11.2% of flowCommon StockSEC:0001408749-26-000010:3
37,042 shares@ US$32.650.067% mcap9.9% of flowCommon StockSEC:0001408749-26-000010:1
23,503 shares@ US$43.190.056% mcap8.3% of flowCommon StockSEC:0001408749-26-000010:2
3,259 shares@ US$43.270.0073% mcap22.2% of flowCommon StockSEC:0001558072-26-000010:0
8,006 shares@ US$43.270.017% mcap2.8% of flowCommon StockSEC:0001408749-26-000008:0
1,981 shares@ US$43.270.0042% mcap8.9% of flowCommon StockSEC:0001558035-26-000006:0
679 shares@ US$43.270.0014% mcap9.9% of flowCommon StockSEC:0001743867-26-000006:0
232 shares@ US$43.270.0005% mcap32.9% of flowCommon StockSEC:0002037628-26-000004:0
1,329 shares@ US$43.270.0028% mcap26.9% of flowCommon StockSEC:0001443088-26-000008:0
254 shares@ US$43.270.0005% mcap72.7% of flowCommon StockSEC:0002053421-26-000004:0
3,250 shares0Common StockSEC:0002053421-26-000002:0
5,821 shares0Common StockSEC:0001743867-26-000004:0
15,523 shares0Common StockSEC:0001558072-26-000008:0
2,781 shares0Common StockSEC:0001558035-26-000004:0
4,178 shares0Common StockSEC:0001443088-26-000006:0
33,326 shares0Common StockSEC:0001408749-26-000006:0
517 shares0Common StockSEC:0002037628-26-000002:0
2,971 shares0Common StockSEC:0001558072-26-000006:0
2,104 shares0Common StockSEC:0001558035-26-000002:0
1,402 shares0Common StockSEC:0001443088-26-000004:0
9,075 shares0Common StockSEC:0001408749-26-000004:0
568 shares0Common StockSEC:0001743867-26-000002:0
25 of 250 declarations
About National Bank Holdings Corp
National Bank Holdings Corp. (NYSE: NBHC) is a U.S.-listed bank holding company headquartered in the Denver, Colorado metropolitan area, with core operations conducted through NBH Bank and Bank of Jackson Hole Trust. The company was incorporated in Delaware in 2009 and was built during the post-crisis period as a community-banking franchise focused on disciplined credit, relationship banking, and shareholder returns. For international investors, NBHC fits squarely within the U.S. regional banking segment, combining a local-market service model with a growing multi-brand footprint. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001475841/000110465926019119/nbhc-20251231x10k.htm?utm_source=openai))
NBHC’s primary business is broad-based banking services for commercial clients, small and medium-sized businesses, and consumers. Through NBH Bank, it offers commercial lending, treasury management, deposits, residential mortgage banking, cards, and trust and wealth-management services. The group also emphasizes digital banking and payment solutions for small businesses, which helps diversify revenue beyond traditional spread income and supports client retention in competitive regional markets. ([nationalbankholdings.com](https://www.nationalbankholdings.com/news/news-details/2026/National-Bank-Holdings-Corporation-Announces-First-Quarter-2026-Financial-Results/default.aspx?utm_source=openai))
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Geographically, the company operates in Colorado, the greater Kansas City region, Texas, Utah, Wyoming, New Mexico, Idaho, and Palm Beach, Florida. It serves customers through a network of more than 100 banking centers, giving NBHC a meaningful regional presence while remaining focused on local relationships rather than national-scale branch density. Its bank operates under several locally recognized brands, including Community Banks of Colorado, Bank Midwest, Hillcrest Bank, Vista Bank, and Bank of Jackson Hole, which helps preserve community-bank relevance across multiple markets. ([nationalbankholdings.com](https://www.nationalbankholdings.com/news/news-details/2026/National-Bank-Holdings-Corporation-Announces-First-Quarter-2026-Financial-Results/default.aspx?utm_source=openai))
From a competitive standpoint, NBHC’s positioning is built on a diversified deposit base, a commercial-and-consumer franchise, and a conservative credit culture. In its 2025 full-year results, management highlighted solid capital generation, tangible common book value growth, a full-year net interest margin of 3.94%, and a CET1 ratio of 14.89%, while also announcing a higher dividend and a new $100 million share repurchase authorization. Those metrics suggest a well-capitalized bank with room to fund growth while returning capital to shareholders. ([nationalbankholdings.com](https://nationalbankholdings.com/news/news-details/2026/National-Bank-Holdings-Corporation-Announces-Fourth-Quarter-and-Full-Year-2025-Financial-Results/default.aspx?utm_source=openai))
The most important recent strategic development was the January 2026 closing of the Vista Bancshares acquisition, which added scale and strengthened NBHC’s position in Texas, particularly in Dallas-Fort Worth, Austin, and Lubbock, as well as Palm Beach, Florida. Management also launched 2UniFi, a financial ecosystem aimed at entrepreneurs, and completed a $150 million subordinated notes offering in 2026 to support balance-sheet flexibility. Overall, NBHC is best viewed as a U.S. regional banking platform with a growing Southwest footprint, a diversified community-banking model, and a focus on shareholder-friendly capital management. ([nationalbankholdings.com](https://www.nationalbankholdings.com/news/news-details/2026/National-Bank-Holdings-Corporation-Completes-Acquisition-of-Vista-Bancshares-Inc--and-Vista-Bank/default.aspx?utm_source=openai))
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