National Bank Holdings Corporation Announces Third Quarter 2023 Financial Results
Retrieved on:
Tuesday, October 24, 2023
Annualized net charge-offs improved to 0.01% of average total loans during the third quarter, compared to 0.02% in the prior quarter.
Key Points:
- Annualized net charge-offs improved to 0.01% of average total loans during the third quarter, compared to 0.02% in the prior quarter.
- Average total deposits increased $116.1 million, or 5.8% annualized, to $8.1 billion during the third quarter 2023, compared to $8.0 billion during the second quarter 2023.
- Income tax expense totaled $9.3 million during the third quarter, compared to $8.4 million in the prior quarter.
- Management will host a conference call to review the results at 11:00 a.m. Eastern Time on Wednesday, October 25, 2023.