National Bank Holdings to charge off $46.8m on franchise and healthcare loans and write down a fintech partnership investment by $4m
SEC filings show the bank holding company expects third-quarter earnings to fall by $32m to $34m after tax because of credit events on $65m of commercial loans.
Drafted by the Loro Desk from public records and published automatically after a 24-hour hold. Published without editorial review.
National Bank Holdings expects $46.8 million of charge-offs on $65 million of franchise and healthcare loans, plus a $4 million write-down of a fintech partnership investment, cutting third-quarter after-tax earnings by $32–34 million.
- Company
- National Bank Holdings Corporation, CIK 0001475841
- Loans affected
- $65.0 million principal
- Charge-offs
- $46.8 million
- Fintech investment impairment
- $4.0 million
- After-tax earnings hit
- $32.0–34.0 million
- New buyback authority
- $40.1 million (total $100.0 million)
National Bank Holdings Corporation (SEC CIK 0001475841), the parent of NBH Bank, has said it expects to incur material impairments on commercial loans to borrowers in the franchise and healthcare industries. (Form 8-K, filed 1 October 2026, Item 2.06)
The filing says the board and management reached the conclusion on 28 September 2026, citing credit events in the third quarter affecting the borrowers' ability to service their debt. (Form 8-K, 1 October 2026)
The loans had $65.0 million in outstanding principal. The company expects charge-offs of $46.8 million and estimates third-quarter provision expense of $38.0 million to $40.0 million. The loans will be reserved or charged down to an estimated aggregate balance of $18.2 million. (Form 8-K, 1 October 2026)
The company expects the charges to reduce after-tax earnings by $32.0 million to $34.0 million, or $0.72 to $0.76 per diluted share. (Form 8-K, 1 October 2026)
Separately, the filing discloses a $4.0 million impairment on an investment in a fintech partnership, held as a non-marketable security. The charge will reduce non-interest income. (Form 8-K, 1 October 2026)
In the same filing, the company says its board approved an additional $40.1 million share repurchase authorisation on 30 September 2026, bringing its total repurchase authority to $100.0 million. (Form 8-K, 1 October 2026, Item 8.01)
The filings do not name the borrowers or the fintech partnership. Loro has made no approach to the company. Figures are as reported in National Bank Holdings Corporation's SEC filings.
Primary sources
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