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National Bank Holdings's earnings per share without non-recurring items for the
three
months ended in Mar. 2026 was €0.62.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was €2.72.
During the past 12 months, National Bank Holdings's average earnings per share (NRI) Growth Rate was 4.30% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was 0.10% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was 2.20% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 17.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for National Bank Holdings's EPS without NRI or its related term are showing as below:
FRA:NB9'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -7.5 Med: 17.55 Max: 86.4
Current: 0.1
During the past 13 years, National Bank Holdings's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 86.40% per year. The lowest was -7.50% per year. And the median was 17.55% per year.
FRA:NB9's 3-Year EPS without NRI Growth Rate is ranked worse than 70.9% of 1416
companies
in the Banks industry
Industry Median: 7.25
vs FRA:NB9: 0.10
National Bank Holdings (FRA:NB9) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
National Bank Holdings EPS without NRI Related Terms
National Bank Holdings EPS without NRI Historical Data
* Premium members only.
The historical data trend for National Bank Holdings's EPS without NRI can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:NB9 vs STEL, OFG, SRCE: EPS without NRI Comparison
For the Banks - Regional subindustry, National Bank Holdings's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
National Bank Holdings PE Ratio without NRI vs Banks Industry
For the Banks industry and Financial Services sector, National Bank Holdings's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where National Bank Holdings's PE Ratio without NRI falls into.
National Bank Holdings EPS without NRI Calculation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.72
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
National Bank Holdings (FRA:NB9) has a EPS without NRI of €2.72 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on National Bank Holdings and its competitors. According to the industry distribution chart, National Bank Holdings ranks #1004 out of 1416 companies in the Banks industry, placing it in the top 70.9%.
Is National Bank Holdings' EPS without NRI too high?
National Bank Holdings' current EPS without NRI is €2.72. Based on the distribution chart, National Bank Holdings ranks #1004 out of 1416 companies in the Banks industry, which is below the industry midpoint. Overall, National Bank Holdings has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does National Bank Holdings' EPS without NRI compare to STEL and OFG?
According to the Banks industry distribution chart, National Bank Holdings ranks #1004 out of 1416 companies for EPS without NRI. This places National Bank Holdings in the lower half of its industry. The industry median EPS without NRI is 7.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Banks company?
The median EPS without NRI among Banks companies is 7.25, based on 1,416 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on National Bank Holdings and its competitors. For the Banks industry, the median EPS without NRI is 7.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank Holdings's current EPS without NRI is €2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank Holdings stock overvalued right now?
National Bank Holdings (FRA:NB9) has a current EPS without NRI of €2.72. The stock's GF Value™ is €33.22, compared to a current price of €38.80 — trading 16.8% above its estimated fair value. The current EPS without NRI is €2.72. National Bank Holdings' overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For National Bank Holdings (FRA:NB9), the current EPS without NRI is €2.72 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is National Bank Holdings (FRA:NB9) Overvalued in 2026?
Based on GuruFocus' analysis, National Bank Holdings stock appears to be overvalued.
The current stock price of €38.80 is trading 16.8% above its estimated GF Value™ of €33.22.
Key valuation signals for FRA:NB9:
EPS without NRI: €2.72
GF Value™: €33.22 vs. price of €38.80 (16.8% above fair value)
No single metric tells the full story. See the FRA:NB9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Bank Holdings Corp offers a full range of banking products and financial services to commercial, business, and consumer clients predominantly in Colorado, with a focus on personalized service through relationship managers and banking center associates. The company provides commercial and industrial loans, non-owner occupied commercial real estate loans, Small Business Administration loans as a Preferred Lender Provider, U.S. Department of Agriculture and Farm Service Agency loans, commercial deposit and treasury management products, business online and mobile banking, consumer and residential real estate loans, deposit services, and trust and wealth management services. Its services emphasize full-relationship banking, integrating lending, deposits, and cash management solutions.
62GF Score
Get the complete analysis for FRA:NB9
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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