National Bank Holdings annual net debt
2019
2020
2021
2022
2023
2024
2025
National Bank Holdings Net Debt Growth & History (NBHC)
National Bank Holdings's net debt was −$333.1M for fiscal 2025.
View full National Bank Holdings company overviewNational Bank Holdings annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$333.1M | −$288.6M | — |
| 2024 | 2024-12-31 | −$44.4M | $60.1M | — |
| 2023 | 2023-12-31 | −$104.5M | $589,000 | — |
| 2022 | 2022-12-31 | −$105.1M | $680.8M | — |
| 2021 | 2021-12-31 | −$785.9M | −$206.4M | — |
| 2020 | 2020-12-31 | −$579.6M | −$498.9M | — |
| 2019 | 2019-12-31 | −$80.7M | — | — |
National Bank Holdings quarterly net debt
Q1.19
Q2.19
Q3.19
Q4.19
Q4.20
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$178.7M | $63.4M | — |
| Q1 2026 | 2026-03-31 | −$270.7M | −$78.9M | — |
| Q4 2025 | 2025-12-31 | −$333.1M | −$288.6M | — |
| Q3 2025 | 2025-09-30 | −$500.8M | −$374.5M | — |
| Q2 2025 | 2025-06-30 | −$242.1M | −$151.5M | — |
| Q1 2025 | 2025-03-31 | −$191.7M | $46.9M | — |
| Q4 2024 | 2024-12-31 | −$44.4M | $60.1M | — |
| Q3 2024 | 2024-09-30 | −$126.4M | $110.8M | — |
| Q2 2024 | 2024-06-30 | −$90.6M | $179.2M | — |
| Q1 2024 | 2024-03-31 | −$238.7M | $77.1M | — |
| Q4 2023 | 2023-12-31 | −$104.5M | $589,000 | — |
| Q3 2023 | 2023-09-30 | −$237.2M | −$20.5M | — |
| Q2 2023 | 2023-06-30 | −$269.8M | $139.1M | — |
| Q1 2023 | 2023-03-31 | −$315.7M | $431.1M | — |
| Q4 2022 | 2022-12-31 | −$105.1M | $680.8M | — |
| Q3 2022 | 2022-09-30 | −$216.6M | — | — |
| Q2 2022 | 2022-06-30 | −$408.8M | — | — |
| Q1 2022 | 2022-03-31 | −$746.9M | — | — |
| Q4 2021 | 2021-12-31 | −$785.9M | −$206.4M | — |
| Q4 2020 | 2020-12-31 | −$579.6M | −$498.9M | — |
| Q4 2019 | 2019-12-31 | −$80.7M | — | — |
| Q3 2019 | 2019-09-30 | −$86.0M | — | — |
| Q2 2019 | 2019-06-30 | −$63.1M | — | — |
| Q1 2019 | 2019-03-31 | −$75.9M | — | — |
National Bank Holdings net debt trends
Over the last five fiscal years, National Bank Holdings's net debt increased from −$579.6M to −$333.1M, a change of $246.5M. The latest reported quarter, Q2 2026, shows −$178.7M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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