Filing Flows › National Bank Holdings (NBHC) › Free cash flow
National Bank Holdings (NBHC) free cash flow by quarter
National Bank Holdings' free cash flow was $30.0M in Q4 2025 (fourth quarter 2025), -35% from Q3 2025. Over the last 4 quarters it ranged from $26.5M (Q2 2025) to $46.5M (Q3 2025).
| Quarter | Free cash flow | Q/Q | Y/Y |
|---|---|---|---|
| Q4 2025 | $30.0M | -35% | — |
| Q3 2025 | $46.5M | +75% | — |
| Q2 2025 | $26.5M | -10% | — |
| Q1 2025 | $29.5M | — | — |
Q4 2025 at a glance
National Bank Holdings, Q4 2025: revenue $101M (-0.6% year over year), operating margin 19.0%, net earnings $16.0M, operating cash flow $38.1M. The chart follows the revenue to costs, profit and cash.
Questions
What is National Bank Holdings' free cash flow?
National Bank Holdings' free cash flow was $30.0M in Q4 2025 (fourth quarter 2025), -35% from Q3 2025.
How has National Bank Holdings' free cash flow changed?
Over the last 4 quarters it ranged from $26.5M (Q2 2025) to $46.5M (Q3 2025).
Q4 2025 results → · How National Bank Holdings makes money →