National Bank Holdings Management

Management criteria checks 3/4

National Bank Holdings' CEO is Tim Laney, appointed in Jun 2010, has a tenure of 13.92 years. total yearly compensation is $3.58M, comprised of 23.8% salary and 76.2% bonuses, including company stock and options. directly owns 0.71% of the company’s shares, worth €8.65M. The average tenure of the management team and the board of directors is 5.9 years and 9.8 years respectively.

Key information

Tim Laney

Chief executive officer

US$3.6m

Total compensation

CEO salary percentage	23.8%
CEO tenure	13.9yrs
CEO ownership	0.7%
Management average tenure	5.9yrs
Board average tenure	9.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tim Laney's remuneration changed compared to National Bank Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$133m
Dec 31 2023	US$4m	US$850k	US$142m
Sep 30 2023	n/a	n/a	US$125m
Jun 30 2023	n/a	n/a	US$105m
Mar 31 2023	n/a	n/a	US$93m
Dec 31 2022	US$3m	US$827k	US$71m
Sep 30 2022	n/a	n/a	US$77m
Jun 30 2022	n/a	n/a	US$81m
Mar 31 2022	n/a	n/a	US$85m
Dec 31 2021	US$3m	US$750k	US$93m
Sep 30 2021	n/a	n/a	US$98m
Jun 30 2021	n/a	n/a	US$106m
Mar 31 2021	n/a	n/a	US$99m
Dec 31 2020	US$3m	US$750k	US$88m
Sep 30 2020	n/a	n/a	US$81m
Jun 30 2020	n/a	n/a	US$75m
Mar 31 2020	n/a	n/a	US$77m
Dec 31 2019	US$3m	US$750k	US$80m
Sep 30 2019	n/a	n/a	US$78m
Jun 30 2019	n/a	n/a	US$75m
Mar 31 2019	n/a	n/a	US$72m
Dec 31 2018	US$3m	US$750k	US$61m
Sep 30 2018	n/a	n/a	US$34m
Jun 30 2018	n/a	n/a	US$23m
Mar 31 2018	n/a	n/a	US$15m
Dec 31 2017	US$3m	US$750k	US$15m

Compensation vs Market: Tim's total compensation ($USD3.58M) is above average for companies of similar size in the German market ($USD1.63M).

Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.

CEO

Tim Laney (63 yo)

13.9yrs

Tenure

US$3,578,101

Compensation

Mr. G. Timothy Laney, also known as Tim, serves as a Director at Finexio from july, 2022. He has served as the National Bank Holdings Corporation’s President and Chief Executive Officer and as a Director f...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
G. Laney	Chairman	13.9yrs	US$3.58m	0.71% $ 8.7m
Aldis Birkans	Executive VP & CFO	5.8yrs	US$1.46m	0.12% $ 1.5m
Angela Petrucci	Executive VP	3.8yrs	US$821.23k	0.040% $ 491.5k
Richard Newfield	Executive VP & Chief Risk Management Officer	13.3yrs	US$1.13m	0.38% $ 4.6m
Patrick Sobers	Director	8.1yrs	US$195.00k	0.055% $ 668.9k
Nicole Van Denabeele	President of Bank Midwest	5.9yrs	no data	0.022% $ 272.0k
Emily Gooden	Investor Relations Director	no data	no data	no data
Charlie Koch	Market Manager of Commercial Banking & Director of Treasury Management	5.2yrs	no data	no data

5.9yrs

Average Tenure

55yo

Average Age

Experienced Management: NB9's management team is seasoned and experienced (5.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
G. Laney	Chairman	13.9yrs	US$3.58m	0.71% $ 8.7m
Patrick Sobers	Director	7.3yrs	US$195.00k	0.055% $ 668.9k
Art Zeile	Independent Director	7.8yrs	US$215.00k	0.046% $ 561.4k
Micho Spring	Independent Director	14.6yrs	US$195.00k	0.10% $ 1.2m
Robert Dean	Independent Director	14.9yrs	US$215.00k	0.085% $ 1.0m
Fred Joseph	Independent Director	9.8yrs	US$195.00k	0.056% $ 689.1k
Ralph Clermont	Independent Lead Director	14.6yrs	US$255.00k	0.24% $ 2.9m
Alka Gupta	Independent Director	2.5yrs	US$195.00k	0.018% $ 222.4k
Robin Doyle	Independent Director	less than a year	no data	no data

9.8yrs

Average Tenure

67.5yo

Average Age

Experienced Board: NB9's board of directors are considered experienced (9.8 years average tenure).

National Bank Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

National Bank Holdings Corporation, Annual General Meeting, May 01, 2024

National Bank Holdings Corporation Appoints Robin Doyle as Director, Effective March 18, 2024

Insufficient new directors

Chairman recently sold €302k worth of stock

Independent Director recently sold €195k worth of stock

Insufficient new directors

Recent updates

National Bank Holdings Corporation Announces Increase to Quarterly Dividend, Payable on June 14, 2024

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: US$0.82 (vs US$1.07 in 1Q 2023)

National Bank Holdings Corporation Reports Charge-Offs for the First Quarter Ended March 31, 2024

National Bank Holdings Corporation to Report Q1, 2024 Results on Apr 24, 2024

National Bank Holdings Corporation, Annual General Meeting, May 01, 2024

National Bank Holdings Corporation Appoints Robin Doyle as Director, Effective March 18, 2024

Full year 2023 earnings released: EPS: US$3.74 (vs US$2.20 in FY 2022)

Upcoming dividend of US$0.27 per share at 3.2% yield

Full year 2023 earnings released: EPS: US$3.74 (vs US$2.20 in FY 2022)

National Bank Holdings Corporation Approves Cash Dividend, Payable on March 15, 2024

National Bank Holdings Corporation to Report Q4, 2023 Results on Jan 23, 2024

Upcoming dividend of US$0.27 per share at 3.2% yield

National Bank Holdings Corporation Approves Cash Dividend, Payable on December 15, 2023

Third quarter 2023 earnings released: EPS: US$0.95 (vs US$0.51 in 3Q 2022)

National Bank Holdings Corporation to Report Q3, 2023 Results on Oct 24, 2023

Upcoming dividend of US$0.26 per share at 3.2% yield

National Bank Holdings Corporation Approves Cash Dividend, Payable on September 15, 2023

New minor risk - Share price stability

National Bank Holdings Corporation Reports Charge-Offs for the Second Quarter Ended June 30, 2023

Second quarter 2023 earnings released: EPS: US$0.86 (vs US$0.67 in 2Q 2022)

National Bank Holdings Corporation to Report Q2, 2023 Results on Jul 19, 2023

Investor sentiment improves as stock rises 18%

Upcoming dividend of US$0.26 per share at 3.1% yield

National Bank Holdings Corporation Announces Quarterly Dividend, Payable on June 15, 2023

First quarter 2023 earnings released: EPS: US$1.07 (vs US$0.61 in 1Q 2022)

Investor sentiment deteriorates as stock falls 17%

Full year 2022 earnings released: EPS: US$2.20 (vs US$3.04 in FY 2021)

Upcoming dividend of US$0.25 per share at 2.4% yield

Full year 2022 earnings released: EPS: US$2.20 (vs US$3.04 in FY 2021)

National Bank Holdings Corporation Announces Quarterly Dividend, Payable on March 15, 2023

National Bank Holdings Corporation to Report Q4, 2022 Results on Jan 24, 2023

Insufficient new directors

National Bank Holdings Corporation Announces 8.7% Increase to Quarterly Dividend, Payable on December 15, 2022

Chairman recently sold €302k worth of stock

Third quarter 2022 earnings released: EPS: US$0.51 (vs US$0.64 in 3Q 2021)

National Bank Holdings Corporation to Report Q3, 2022 Results on Oct 27, 2022

National Bank Holdings Corporation (NYSE:NBHC) completed the acquisition of Bancshares of Jackson Hole, Incorporated ("BOJH").

National Bank Holdings Corporation (NYSE:NBHC) completed the acquisition of Community Bancorporation.

Upcoming dividend of US$0.23 per share

National Bank Holdings Corporation Approves Quarterly Cash Dividend, Payable on September 15, 2022

Independent Director recently sold €195k worth of stock

Second quarter 2022 earnings released: EPS: US$0.67 (vs US$0.78 in 2Q 2021)

National Bank Holdings Corporation to Report Q2, 2022 Results on Jul 19, 2022

Upcoming dividend of US$0.23 per share

First quarter 2022 earnings released: EPS: US$0.61 (vs US$0.87 in 1Q 2021)

National Bank Holdings Corporation Announces Quarterly Dividend, Payable on June 15, 2022

Insufficient new directors

First quarter 2022 earnings released: EPS: US$0.61 (vs US$0.87 in 1Q 2021)

National Bank Holdings Corporation (NYSE:NBHC) signed a definitive merger agreement to acquire Community Bancorporation for approximately $136 million.

National Bank Holdings Corporation to Report Q1, 2022 Results on Apr 18, 2022

National Bank Holdings Corporation (NYSE:NBHC) entered into a definitive agreement to acquire Bancshares of Jackson Hole, Incorporated for approximately $230 million.

National Bank Holdings Corporation, Annual General Meeting, May 03, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$0.23 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Insufficient new directors

Insider recently sold €68k worth of stock

Upcoming dividend of US$0.22 per share

Third quarter 2021 earnings released: EPS US$0.64 (vs US$0.91 in 3Q 2020)

Insufficient new directors

Insufficient new directors

Upcoming dividend of US$0.22 per share

Second quarter 2021 earnings released: EPS US$0.79 (vs US$0.57 in 2Q 2020)

National Bank Holdings Corporation(NYSE:NBHC) dropped from Russell 3000 Growth Index

Upcoming dividend of US$0.22 per share

National Bank Holdings Corporation Approves Cash Dividend, Payable on June 15, 2021

Independent Director recently sold €164k worth of stock

National Bank Holdings Corporation Announces Charge-Offs for the First Quarter Ended March 31, 2021