National Bank Holdings Corp (NBHC) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: October 29, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0.19% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
38M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

NBHC currently has 37.9M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.19% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Oct 29, 2025

10-Q filing | 37.9M shares outstanding

38M 0
Aug 05, 2025

10-Q filing | 38.1M shares outstanding

38M 0
Apr 30, 2025

10-Q filing | 38.1M shares outstanding

38M 0
Feb 25, 2025

10-K filing | 38.2M shares outstanding

38M 0
Nov 05, 2024

10-Q filing | 38.3M shares outstanding

38M 0
Jul 31, 2024

10-Q filing | 38.2M shares outstanding

38M 0
May 01, 2024

10-Q filing | 38.0M shares outstanding

38M 0
Feb 27, 2024

10-K filing | 37.9M shares outstanding

38M 0
Nov 07, 2023

10-Q filing | 38.0M shares outstanding

38M 0
Aug 01, 2023

10-Q filing | 38.0M shares outstanding

38M 0
May 09, 2023

10-Q filing | 37.8M shares outstanding

38M 0
Feb 28, 2023

10-K filing | 37.6M shares outstanding

38M 0
Nov 08, 2022

10-Q filing | 37.6M shares outstanding

38M 0
Oct 04, 2022

8-K filing: National Bank Holdings Corporation completed the acquisition of Bancshares of Jackson Hole Incorporated, issuing 4,391,964 shares of its Class A common stock and approximately $51.0 million in cash as consideration.

30M 0
Sep 01, 2022

8-K filing: National Bank Holdings Corporation completed the merger with Community Bancorporation, issuing 3,096,740 shares of Class A common stock to CB shareholders and approximately $16.1 million in cash.

30M 0
Aug 02, 2022

10-Q filing | 30.2M shares outstanding

30M 0
May 03, 2022

10-Q filing | 30.1M shares outstanding

30M 0
Apr 20, 2022

8-K filing: National Bank Holdings Corporation entered into an agreement to merge with Community Bancorporation, with each share of CB's common stock exchanged for $1.49 in cash and 0.2859 shares of the Company's common stock, resulting in approximately 3.1 million shares of National Bank Holdings Corporation being issued to CB stockholders.

31M 0
Apr 05, 2022

8-K filing: National Bank Holdings Corporation will acquire Bancshares of Jackson Hole Incorporated in exchange for cash and stock consideration, with BOJH stockholders receiving approximately $53 million in cash and 4.4 million shares of the Company's common stock.

31M 0
Feb 23, 2022

10-K filing | 30.7M shares outstanding

31M 0
Nov 09, 2021

10-Q filing | 30.8M shares outstanding

31M 0
Aug 04, 2021

10-Q filing | 30.9M shares outstanding

31M 0
Aug 04, 2021

10-Q filing | 30.9M shares outstanding

31M 0
Aug 04, 2021

10-Q filing | 30.9M shares outstanding

31M 0
May 04, 2021

10-Q filing | 30.8M shares outstanding

31M 0
Feb 24, 2021

10-K filing | 30.9M shares outstanding

31M 0
Nov 05, 2020

10-Q filing | 30.8M shares outstanding

31M 0
Aug 05, 2020

10-Q filing | 30.7M shares outstanding

31M 0
May 05, 2020

10-Q filing | 31.2M shares outstanding

31M 0
Feb 26, 2020

8-K filing: National Bank Holdings Corporation authorized a new $50.0 million stock repurchase program and reported 31,177,476 shares of Class A Common Stock outstanding as of February 25, 2020. ($37.4M proceeds)

31M 0
Feb 26, 2020

10-K filing | 31.2M shares outstanding

31M 0
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