National Bank Holding Corporation announces an 8.7% increase in its quarterly dividend

/EIN News/ — DENVER, Nov. 08, 2022 (GLOBE NEWSWIRE) — National Bank Holding Corporation (NYSE: NBHC) today announced that its Board of Directors has approved a cash dividend to shareholders. The quarterly cash dividend will increase by 8.7%, from twenty-three cents ($0.23) to twenty-five cents ($0.25) per common share. The dividend will be payable on December 15, 2022 to shareholders of record at the close of business on November 25, 2022.

“Our strong organic growth, coupled with our fortified capital position, has enabled us to achieve a 14% increase in our quarterly dividend over the past 12 months. We are very pleased to translate our strong results into attractive returns for shareholders,” said President and CEO Tim Laney.

About National Bank Holding Corporation

National Bank Holding Corporation is a bank holding company created to build a leading community banking franchise that delivers high quality customer service and is committed to stakeholder results. Through its banking subsidiaries, NBH Bank and Bank of Jackson Hole Trust, National Bank Holding Corporation operates a network of 98 banking centers, serving individuals, small, medium and large businesses, as well as government and non-profit. Its banking centers are located in its central footprint of Colorado, the greater Kansas City area, Utah, Wyoming, Texas, New Mexico and Idaho. Its comprehensive residential mortgage banking group primarily serves the bank’s core footprint. Its trust business is operated in its primary footprint under the Bank of Jackson Hole Trust charter. NBH Bank operates under a single state charter through the following brand names as divisions of NBH Bank: in Colorado, Community Banks of Colorado and Community Banks Mortgage; in Kansas and Missouri, Bank Midwest and Bank Midwest Mortgage; in Texas, Utah and New Mexico, Hillcrest Bank and Hillcrest Bank Mortgage; and in Wyoming, Bank of Jackson Hole and Bank of Jackson Hole Mortgage. For recently acquired banking centers in Idaho, NBH Bank will operate as Bright Bank until integration. Additional information about National Bank Holding Corporation can be found at www.nationalbankholdings.com.

For more information, visit: cobnks.com, bankmw.com, hillcrestbank.com, bankofjacksonhole.com or nbhbank.com. Or connect with one of our brands on LinkedIn.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements contain words such as “anticipate”, “believe”, “may”, “will”, “should, “could”, “may”, “predict”, “seek”, “potential”, “will”, “estimate”, “target”, “plan”, “project”, “continue”, “in progress”, ” expect”, “intend” or similar expressions that relate to the Company’s strategy, plans or intentions. Forward-looking statements involve certain important risks, uncertainties and other factors, each of which could cause actual results to differ materially from those contained in such statements. These factors include, but are not limited to, the “risk factors” referenced in our most recent Form 10-K filed with the Securities and Exchange Commission ( SEC), and other risks and uncertainties from time to time in our reports and filings with the Securities and Exchange Commission (SEC). SECOND. The Company cannot guarantee that any objective, plan or expectation set forth in the forward-looking statements will be achieved and readers are cautioned not to place undue reliance on such statements. Forward-looking statements are made as of the date of this press release, and the Company does not intend, and undertakes no obligation, to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unforeseen events or circumstances, except as required by applicable law.

Contact:

Analysts/Institutional Investors:
Aldis Birkans, 720-554-6640
Financial director
[email protected]

Where

Media:
Jody Soper, 303-784-5925
Marketing Director
[email protected]

Source: National Bank Holding Corporation

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