National Bank Holdings Corp-A 2024年度报告

Steady and Constant Strength Within our Company, every associate is a risk managerbuilding off a foundation of sound banking principles.We maintain a granular and well-diversified loanportfolio and perform internal and external stresstesting on a routine basis, with results to withstandthe worst economic scenarios. We prudently extendcredit while adhering to self-imposed concentrationlimits within our loan portfolio and deposit base. During 2024, we remained focused on building afortress balance sheet while also making meaningfulinvestments in our Company and our communities.Since our Company’s inception in 2009, we haveprudently navigated various economic environmentsadhering to sound banking practices that deliverstrong returns. Our values of integrity, meritocracyand teamwork, coupled with our strong foundationand ample liquidity, continue to drive meaningfulshareholder returns. Fraud and cybersecurity risk management remaina crucial focus for our Company. We continuallyevaluate and enhance our fraud prevention systemsand perform on-going internal associate trainingsand tests to ensure we remain vigilant against fraud.Our relationship banking model is a further source ofstrength, ensuring we know our clients well and aidsin safeguarding their privacy and security. Our safety Financial highlights for the twelve months endedDecember 31, 2024 include: •Delivered adjusted earnings per dilutedshare of $3.221and an adjusted returnon average tangible common equityof 14.20%1 •Generated industry-leading net interestmargin of 3.99% in the 4th quarter of 2024 •Maintained disciplined deposit pricingwith a 2.27% cost of funds •Grew average total deposits by $374.4million or 4.7% and soundness is further reinforced by our strongcapital and diverse funding sources. We delivereda Common Equity Tier 1 capital ratio of 13.20%, wellabove well-capitalized regulatory requirements. •Produced 11% growth in our tangible bookvalue per share •Delivered strong excess capital with acommon equity tier 1 capital ratio of 13.20% Investing in our Future •Continued expense management with anadjusted efficiency ratio of 58.7%1 Our 2UniFiSMteam has made meaningful progress thisyear building the banking marketplace of the future. Through the 2UniFi platform, under the safety of aregulated bank, historically under-banked small andmedium-sized businesses will have access to a newarray of digital banking tools with real time bankingsystem access to address their borrowing, depositoryand cash management needs. We began successfuluser testing of the platform in the fourth quarter andcontinue to be impressed with what we see. Wemade further enhancements to our Cambr®depositplatform this year driving year-over-year platformdeposit growth of 47% and improved profitability.We are optimistic about the unique opportunities forgrowth that our continued investments in 2UniFi andCambr will provide. Concert in Colorado benefiting the Third WayCenter, a non-profit organization that supportsvulnerable Denveryouth through trauma resolution.Since inception, our Do More events have raisedover $1.8 million in charitable contributions forour communities. We further support non-profitorganizations within our communities through NBHCharitable Foundation grants. Weremain committed to delivering meaningfulshareholder value. We have increased our dividendsemiannually since 2020, and in 2024 distributed afull year dividend of $1.12 per share. We delivered11% growth in our tangible book value per shareduring 2024 and a 5-year total shareholder returnof 39%, outperforming the KBW Regional BankingIndex. We are committed to operating as a sourceof steady and constant strength for our clients andcommunities and remain well positioned to providemeaningful returns for our stakeholders in 2025. Common Sense Doing Good Giving back to our associates and communities is acore principle of our Company. We are committedto providing a positive, results-driven culture thatprovidescareer growth opportunities for ourassociates. We offer professional developmentandleadership opportunities for our entireassociatebasethrough our associate peer networks.Additionally, our associates receive a comprehensivebenefits package including affordable, best-in-classhealth and wellness options and paid time off tovolunteer within our communities. During 2024, ourteams came together for a Week of Caring wherewe donated our time and talents to meaningfulnon-profit organizations across our communities.We hosted our Do More Charity Challenge®and 2024 HIGHLIGHTS STRONG FINANCIAL PERFORMANCE Delivered adjusted earnings per diluted share of $3.221and an adjusted return on average tangiblecommon equity of 14.20%1Grew average total deposits by $374.4 million or 4.7%Maintained disciplined deposit pricing with a cost of funds of 2.27%Generated industry leading net interest margin of 3.99% in the 4th quarter of 2024Solid asset quality metrics with 13 basis points of net charge-offs and a n