Filing Flows › National Bank Holdings (NBHC) › Q3 2026
National Bank Holdings (NBHC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
National Bank Holdings (NBHC) reported revenue of $126M for the third quarter 2026 (Q3 2026), +16% from a year earlier and -2% from the quarter before. Operating margin was -9.5%, net loss $8.8M (6.9% of revenue).
National Bank Holdings, Q3 2026: revenue $126M (+16% year over year), operating margin -9.5%, net loss $8.8M, operating cash flow $66.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $126M | -2% | +16% |
| Operating profit | −$12.0M | -137% | -128% |
| Net earnings | −$8.8M | -133% | -125% |
| Operating cash flow | $66.1M | -51% | +26% |
What changed
Revenue was $126.4M in Q3 2026, up 16% year over year and down 2% from the previous quarter.
Operating costs exceeded revenue by $12.0M, an operating margin of -9.5%. Total costs grew 111% against revenue growth of 16%. The quarter ended with a net loss of $8.8M, after a profit of $26.5M the previous quarter.
Operating cash flow was $66.1M (up 26% year over year). Non-cash charges added back $10.3M of depreciation and amortization and $7.4M of share-based compensation. Working capital and other items added $57.1M.
Questions
What was National Bank Holdings' revenue in the third quarter 2026?
National Bank Holdings (NBHC) reported revenue of $126M for the third quarter 2026 (Q3 2026), +16% from a year earlier and -2% from the quarter before.
Was National Bank Holdings profitable in the third quarter 2026?
Operating loss was $12.0M (-9.5% of revenue) and net loss $8.8M.