National Bank Holdings Turns to Q3 2026 Net Loss of $8.76 Million From Year-Earlier Profit
Bitget2026/10/27 20:43- National Bank Holdings swung to a third-quarter 2026 net loss of $8.76 million from a profit in the previous quarter.
- Provision expense rose from the second quarter to $40.64 million, primarily driven by write-downs on identified franchise and healthcare commercial loans.
- Net interest income increased quarter-over-quarter to $112.9 million, while non-interest income fell 32% to $13.54 million.
- NBH Bank agreed to sell its Palm Beach banking center, including loans and deposits, with closing expected in mid-2027.
- CEO Tim Laney targeted fourth-quarter earnings above $1 per share following personnel and credit-risk process improvements.
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