National Bank Holdings Corporation Announces Fourth Quarter and Record Full Year 2020 Financial Results
DENVER, Jan. 21, 2021 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) reported:
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Quarterly ratios are annualized.
In announcing these results, Chief Executive Officer Tim Laney shared, “I am pleased to announce that our solid performance during the fourth quarter contributed to record full year earnings of $2.85 per share. In the face of the pandemic, my teammates came together to serve our clients and communities while also taking care of each other. An intense focus on the safety and soundness of the Bank resulted in full-year net charge-offs of just six basis points. The diversity and granularity of our loan portfolio continues to produce desirable results. Further, we built on our relationship banking model to grow our low cost transaction deposits 28.8% in the fourth quarter, compared to the same period in the prior year.”