Should you hold on to your National Bank position?

Institutional investors own over 94.0% of National Bank Holdings shares. This ownership refers to the equity held by large entities such as mutual funds, pension funds, insurance companies, investment firms, and foundations that manage funds on behalf of others. For the latest analysis of National Bank, including its current ownership structure, refer to our recent ownership diagnostics.

Important Highlights

National Bank Holdings, a key player in the Banks - Regional industry, presents an intriguing investment opportunity. Despite a slight price change of -0.4, the bank's robust fundamentals, such as a Return On Equity of 0.1233 and Earnings per Share of 3.72, make it a compelling consideration for portfolio retention. However, investors should be aware of the bank's Total Risk Alpha of -0.04, indicating potential downside risk. The bank's Dividend Yield of 0.031 also provides an additional income stream for investors, further enhancing its appeal.
Published over six months ago
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Reviewed by Rifka Kats

In the world of finance, it's often said that the best investment is in solid, profitable companies. National Bank Holdings, a key player in the Banks - Regional industry, is one such company that warrants a closer look. With a market capitalization of $1.3 billion, the company has demonstrated a robust financial performance, boasting a net income of $141.8 million and a gross profit of $297.5 million. The company's profit margin stands at an impressive 34.02%, indicating its ability to convert a significant portion of its revenue into net income. This is further underscored by the company's EPS estimate for the current quarter, which stands at $0.82. However, the PEG ratio of 2.9 suggests that the stock may be overvalued given the company's earnings growth rate. This is further supported by the Wall Street target price of $41.8, which is significantly higher than the day's typical price of $34.41. Despite these concerns, the company's dividend yield of 3.1% is an attractive proposition for income-focused investors. Moreover, the company has received two strong buy recommendations from analysts, indicating a positive outlook for the stock. In conclusion, while National Bank Holdings may seem overvalued in the short term, its strong financial performance and attractive dividend yield make it a compelling investment to retain in your portfolio. Currently, National Bank's Dividend Yield is anticipated to see a slight increase, based on recent years' data. The current year's Days Sales Outstanding is projected to rise to 45.98, while the Market Cap is expected to decrease to approximately $834.1 million. As the banking sector garners interest, it's worth examining National Bank Holdings. We'll explore why investors may still consider investing in this business. This article will highlight key factors influencing National Bank's products and services, and how these may affect the investment outlook for National Bank in May.
The performance of National Bank Holdings in the marketplace will significantly impact your decision to invest in its stock. Revenue growth, profitability, competitive positioning, management quality, and industry trends can influence National Bank's stock prices. When investing in National Bank, there are several factors to consider and potential outcomes to expect. As a company performs well, its stock price may increase, allowing investors to benefit from price appreciation. However, National Stock can experience significant price fluctuations due to market conditions, economic factors, industry trends, or company-specific news. This is why investing in stocks such as National Bank carries risks, including the potential for capital loss. Stock prices can decline, and investors may incur losses if they sell shares at a lower price than their initial investment.

And What about dividends?

A dividend is the distribution of a portion of National Bank earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. National Bank dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. National one year expected dividend income is about USD0.71 per share.
At present, National Bank's Dividend Payout Ratio is projected to increase slightly based on the last few years of reporting. The current year's Dividend Paid And Capex Coverage Ratio is expected to grow to 2.29, whereas Dividends Paid is projected to grow to (37.7 M).
Last ReportedProjected for Next Year
Dividends Paid-39.6 M-37.7 M
Dividend Yield 0.03  0.03 
Dividend Payout Ratio 0.28  0.29 
Dividend Paid And Capex Coverage Ratio 2.18  2.29 
Investing in dividend-paying stocks, such as National Bank Holdings is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in National Bank must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for National Bank. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is National Bank's Liquidity

National Bank financial leverage refers to using borrowed capital as a funding source to finance National Bank Holdings ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. National Bank financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to National Bank's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of National Bank's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between National Bank's total debt and its cash.

What do experts say about National?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
Analysis Consensus

What is the case for National Bank Investors

National Bank Holdings holds a total of 37.81 Million outstanding shares. The majority of National Bank outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in National Bank Holdings to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in National Bank Holdings. Please pay attention to any change in the institutional holdings of National Bank as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
 2021 2022 2023 2024 (projected)
Gross Profit298.0M340.3M559.3M587.3M
Total Revenue298.0M340.3M563.5M591.7M

Ownership Breakdown

Institutions
93.57%
Retail Investors4.24
Insiders2.19
Institutions93.57
As the old adage goes, "Don't put all your eggs in one basket," and National Bank Holdings stock might just be the diversification your portfolio needs. With a solid EPS estimate of $3.25 for the current year and a healthy net income of $141.81 million, the bank demonstrates strong financial health. The bank's operating margin stands at 0.42%, and it has a five-year return of 1.99%, indicating steady growth. Despite a downside deviation of 2.06, the bank's beta of 0.82 suggests less volatility compared to the market. Therefore, National Bank Holdings stock could be a compelling investment to retain in your portfolio. .

Will National price dip impact its balance sheet?

National Bank Holdings exhibits a low risk level, indicated by a kurtosis of 1.44, suggesting less extreme return fluctuations. However, any substantial price drop could impact its balance sheet, particularly if it reduces the market value of the bank's holdings. Investors should vigilantly monitor the situation, as a significant price drop could threaten the bank's financial stability and future return generation. Currently, National Bank Holdings shows a below-average downside deviation, with an Information Ratio of 0.0 and Jensen Alpha of -0.01. Understanding market volatility trends can help investors time the market. Proper use of volatility indicators allows traders to gauge National Bank's stock risk against market volatility during both bullish and bearish trends. The heightened volatility of bear markets can directly affect National Bank's stock price, causing investor stress as share values drop, often prompting portfolio rebalancing.

Our Conclusion on National Bank

When is the right time to buy or sell National Bank Holdings? Buying stocks such as National Bank isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily basis.
Taking everything into account, as of the 25th of April 2024, our analysis shows that National Bank responds to the market. The firm is fairly valued and projects very low probability of distress for the next 2 years. Our current 90 days recommendation on the firm is Cautious Hold.

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Editorial Staff

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