Here are the 424B prospectus supplements from National Bank Holdings Corp. (NBHC) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow NBHC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NBHC filings page.
National Bank Holdings Corporation is issuing $150,000,000 of 5.875% fixed‑to‑floating rate subordinated notes due 2036. The notes pay 5.875% fixed interest until February 15, 2031, then a floating rate equal to Three‑Month Term SOFR plus 241 basis points, with interest paid semi‑annually then quarterly.
The notes are unsecured, rank junior to senior debt and structurally subordinated to subsidiary liabilities, and may be redeemed at par from February 15, 2031 or earlier upon specified tax or regulatory events, subject to Federal Reserve approval. NBHC expects gross proceeds of $150 million, with about $148.1 million before expenses, to be used for general corporate purposes.
NBHC recently completed the acquisition of Vista Bancshares and reported 2025 net income of $109.6 million (or $117.6 million excluding specified items), with total assets of $9.9 billion and shareholders’ equity of $1.4 billion as of December 31, 2025.
National Bank Holdings Corporation plans a new offering of fixed-to-floating rate subordinated notes due 2036. The notes pay a fixed coupon until 2031, then switch to a floating rate tied to Three‑Month Term SOFR plus a spread, with optional redemption starting in 2031 at par.
The notes are unsecured, subordinated obligations of NBHC, structurally subordinated to subsidiary liabilities, and are not FDIC insured. NBHC expects to treat them as Tier 2 capital and use net proceeds for general corporate purposes.
NBHC recently completed its acquisition of Vista Bancshares and Vista Bank on January 7, 2026. For the year ended December 31, 2025, net income was $109.6 million, versus $118.8 million a year earlier; adjusted net income was $117.6 million. Fourth‑quarter 2025 net income was $16.0 million, or $22.7 million on an adjusted basis, and provision expense was $9.1 million driven by three credits.