National Bank Holdings (NBHC) EV to EBITDA (2013 - 2026)
National Bank Holdings' EV to EBITDA was 4.65 in Q2 2026, up 44.9% from 3.21 a year earlier and up 23.2% from the prior quarter.
National Bank Holdings (NBHC) EV to EBITDA (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, National Bank Holdings' EV to EBITDA was 0.44 through Jun 30, 2026, down 72.9% year-over-year; for FY2025, it was 3.06, down 26.6% from FY2024.
- In earlier years, EV to EBITDA was 4.17 in FY2024 (+14.3%), 3.64 in FY2023 (-68.3%), 11.51 in FY2022 (+248.1%) and 3.31 in FY2021 (+23.7%).
- The Q2 2026 figure marks the highest quarterly EV to EBITDA since Q1 2023.
- Compared with a year earlier, EV to EBITDA was higher in five of the last eight quarters, with growth averaging 4.6%.
- The best year-over-year quarter for EV to EBITDA over five years was Q2 2022 (growth of 482.9%); the worst was Q4 2023 (a decline of 68.3%).
- Per Business Quant data, NBHC's EV to EBITDA in the three quarters before Q2 2026 was 3.77 (Q1 2026), 3.06 (Q4 2025) and 2.57 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | National Bank Holdings | 1.75 Bn | -80.67 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.65 |
| Mar 31, 2026 | 3.77 |
| Dec 31, 2025 | 3.06 |
| Sep 30, 2025 | 2.57 |
| Jun 30, 2025 | 3.21 |
| Mar 31, 2025 | 3.47 |
| Dec 31, 2024 | 4.17 |
| Sep 30, 2024 | 3.88 |
| Jun 30, 2024 | 3.71 |
| Mar 31, 2024 | 3.05 |
| Dec 31, 2023 | 3.65 |
| Sep 30, 2023 | 3.01 |
| Jun 30, 2023 | 3.61 |
| Mar 31, 2023 | 5.35 |
| Dec 31, 2022 | 11.51 |
| Sep 30, 2022 | 8.14 |
| Jun 30, 2022 | 5.66 |
| Mar 31, 2022 | 3.25 |
| Dec 31, 2021 | 3.31 |
| Sep 30, 2021 | 2.79 |
National Bank Holdings EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=NBHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "NBHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=NBHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();