National Bank Holdings (NBHC) Operating Expenses (2010 - 2026)
National Bank Holdings (NBHC) reported Operating Expenses of $94.95 million for Q2 2026, up 50.9% from $62.93 million a year earlier but down 1.9% from the prior quarter.
National Bank Holdings (NBHC) Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, National Bank Holdings' Operating Expenses came in at $331.48 million, up 30.7% year-over-year; for FY2025, it was $264.64 million, up 3.9% from FY2024.
- Operating Expenses has increased for four consecutive years, with a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- By year, Operating Expenses came in at $254.62 million in FY2024 (+5.2%), $241.97 million in FY2023 (+14.6%), $211.23 million in FY2022 (+10.1%) and $191.83 million in FY2021 (-7.0%).
- Five-year quarterly Operating Expenses spans a low of $44.08 million in Q1 2022 and a high of $96.84 million in Q1 2026.
- Year over year, Operating Expenses has now increased in each of the last four quarters, with growth averaging 16.5% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q1 2026 (growth of 56.1%); the low point was Q1 2022 (a decline of 11.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $96.84 million (Q1 2026), $72.45 million (Q4 2025) and $67.25 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 27.32 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | -3,218.32 Bn |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 18.63 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 13.90 Bn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 7.02 Bn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | 17.50 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 11.67 Bn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 13.66 Bn |
| 10 | National Bank Holdings | 1.75 Bn | -78.89 Mn | - | 94.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 94.95 Mn |
| Mar 31, 2026 | 96.84 Mn |
| Dec 31, 2025 | 72.45 Mn |
| Sep 30, 2025 | 67.25 Mn |
| Jun 30, 2025 | 62.93 Mn |
| Mar 31, 2025 | 62.02 Mn |
| Dec 31, 2024 | 64.55 Mn |
| Sep 30, 2024 | 64.16 Mn |
| Jun 30, 2024 | 63.08 Mn |
| Mar 31, 2024 | 62.83 Mn |
| Dec 31, 2023 | 62.10 Mn |
| Sep 30, 2023 | 60.60 Mn |
| Jun 30, 2023 | 60.98 Mn |
| Mar 31, 2023 | 58.29 Mn |
| Dec 31, 2022 | 67.66 Mn |
| Sep 30, 2022 | 53.94 Mn |
| Jun 30, 2022 | 45.55 Mn |
| Mar 31, 2022 | 44.08 Mn |
| Dec 31, 2021 | 44.51 Mn |
| Sep 30, 2021 | 51.31 Mn |
National Bank Holdings Operating Expenses 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=operating-expenses&ticker=NBHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=NBHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();