National Bank Holdings Corporation delivered net income of $20.8 million, or $0.46 per diluted share, a 29.7% increase from the prior quarter. Adjusted net income rose 43.3% to $32.6 million, or $0.72 per diluted share, driven by higher net interest income and pre-provision net revenue.

Fully taxable equivalent net interest income increased 25.7% to $111.0 million, with average earning assets up 23.2% to $11.1 billion and net interest margin expanding 17 basis points to 4.06%. Total loans grew 29.3% to $9.6 billion, including record quarterly fundings of $805.5 million and 12.4% annualized organic growth.

On January 7, 2026, the company completed the $377.7 million acquisition of Vista Bancshares, adding $1.9 billion in loans and $2.2 billion in deposits. The merger expanded the bank’s footprint into Dallas-Ft. Worth, Austin, Lubbock and Palm Beach, enhancing its relationship-banking capabilities.

Provision expense declined to $4.0 million, supporting annualized net charge-offs of 0.34%. Non-performing loans improved to 0.31% of total loans. Average deposits rose $2.0 billion to $10.1 billion, with a loan-to-deposit ratio of 91.9% and deposit cost of 1.94%.