National Bank Holdings Corporation Announces 4.0% Increase to Quarterly Dividend and Increase in its Stock Repurchase Program to $50 million
09 Mai 2023 - 10:10PM
National Bank Holdings Corporation (NYSE: NBHC) announced today
that its Board of Directors approved a cash dividend to
shareholders. The quarterly cash dividend will increase 4.0% from
twenty-five cents ($0.25) to twenty-six cents ($0.26) per share of
common stock. The dividend will be payable on June 15, 2023 to
shareholders of record at the close of business on May 26, 2023.
“We are very pleased to be delivering a 4.0% increase in our
dividend over the last quarter. Our strong capital position and
ample liquidity, coupled with our first quarter 2023 record
earnings continue to drive attractive shareholder returns,” said
Chairman and CEO, Tim Laney.
Additionally, NBHC announced today that its Board of Directors
authorized an increase to its repurchase authority of up to $50.0
million of the Company’s common stock from time to time either in
the open market or in privately negotiated transactions in
accordance with applicable regulations of the Securities and
Exchange Commission. The new program of $50.0 million replaces the
previously authorized program in its entirety.
As of the close of business on May 5, 2023 the Company had
outstanding 37,710,702 shares of Class A Common Stock, excluding
195,287 shares of restricted Class A common stock issued but not
yet vested.
About National Bank Holdings Corporation
National Bank Holdings Corporation is a bank holding company
created to build a leading community bank franchise delivering high
quality client service and committed to stakeholder results.
Through its bank subsidiaries, NBH Bank and Bank of Jackson Hole
Trust, National Bank Holdings Corporation operates a network of
over 95 banking centers, serving individual consumers, small,
medium and large businesses, and government and non-profit
entities. Its banking centers are located in its core footprint of
Colorado, the greater Kansas City region, Utah, Wyoming, Texas, New
Mexico and Idaho. Its comprehensive residential mortgage banking
group primarily serves the bank’s core footprint. Its trust
business is operated in its core footprint under the Bank of
Jackson Hole Trust charter. NBH Bank operates under a single state
charter through the following brand names as divisions of NBH Bank:
in Colorado, Community Banks of Colorado and Community Banks
Mortgage; in Kansas and Missouri, Bank Midwest and Bank Midwest
Mortgage; in Texas, Utah, New Mexico and Idaho, Hillcrest Bank and
Hillcrest Bank Mortgage; and in Wyoming, Bank of Jackson Hole and
Bank of Jackson Hole Mortgage. Additional information about
National Bank Holdings Corporation can be found at
www.nationalbankholdings.com.
For more information visit: cobnks.com, bankmw.com,
hillcrestbank.com, bankofjacksonhole.com, or nbhbank.com. Or
connect with any of our brands on LinkedIn.
Forward Looking Statements
This press release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements contain words such as
“anticipate,” “believe,” “can,” “would,” “should,” “could,” “may,”
“predict,” “seek,” “potential,” “will,” “estimate,” “target,”
“plan,” “project,” “continuing,” “ongoing,” “expect,” “intend” or
similar expressions that relate to the Company’s strategy, plans or
intentions. Forward-looking statements involve certain important
risks, uncertainties and other factors, any of which could cause
actual results to differ materially from those in such statements.
Such factors include, without limitation, the “Risk Factors”
referenced in our most recent Form 10-K filed with the Securities
and Exchange Commission (SEC), and other risks and uncertainties
listed from time to time in our reports and documents filed with
the SEC. The Company can give no assurance that any goal or plan or
expectation set forth in forward-looking statements can be achieved
and readers are cautioned not to place undue reliance on such
statements. The forward-looking statements are made as of the date
of this press release, and the Company does not intend, and assumes
no obligation, to update any forward-looking statement to reflect
events or circumstances after the date on which the statement is
made or to reflect the occurrence of unanticipated events or
circumstances, except as required by applicable law.
Contact:
Analysts/Institutional Investors:Aldis Birkans,
720-554-6640Chief Financial Officerir@nationalbankholdings.com
or
Media:Jody Soper, 303-784-5925Chief Marketing
OfficerJody.Soper@nbhbank.com
Source: National Bank Holdings Corporation
National Bank (NYSE:NBHC)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
National Bank (NYSE:NBHC)
Historical Stock Chart
Von Mai 2023 bis Mai 2024