PC Slower Than It Used to Be?
A free scan shows the junk files, broken settings and background clutter dragging Windows down - then fixes them in one click.Free scan · Windows 10 & 11Crashes, No Sound, or Screen Glitches?
Random freezes, missing sound and display glitches usually trace back to one bad driver. Find and replace yours safely.Free scan · under a minuteNational Bank Holdings Corporation (NBHC) said on October 1, 2026, that its banking subsidiary expected $46.8 million in charge-offs tied to specific commercial loans affected by third-quarter credit events. Separately, the company’s board approved $40.1 million in additional stock-repurchase authorization. The loan figures are management estimates, not finalized third-quarter results; the repurchase authorization is permission to buy shares, not evidence that purchases have occurred.
What NBHC disclosed
In an October 1, 2026 Form 8-K, NBHC reported two distinct developments. On September 28, its board and management concluded that wholly owned NBH Bank expected material impairments on specifically identified commercial loan relationships, primarily in the franchise and healthcare industries. On September 30, NBHC’s board separately approved additional authority for the parent company to repurchase Class A common stock. National Bank Holdings Corporation’s October 1, 2026 Form 8-K describes both actions.
| Disclosure | What it means | Timing and status |
|---|---|---|
| Expected loan charge-offs and provision | Management estimated credit losses on identified commercial loan relationships. | Estimate for the three months ended September 30, 2026; not a finalized reported result. |
| Additional stock-repurchase authorization | The board raised the amount NBHC may use to repurchase shares. | Approved September 30, 2026; execution is optional and the authorization may be changed or ended. |
What the $46.8 million charge-off estimate covers
The affected loan relationships had $65.0 million in aggregate outstanding principal. NBH Bank expected them to be reserved or charged down to an estimated $18.2 million balance. The company estimated $46.8 million in charge-offs and provision expense of $38.0 million to $40.0 million for the quarter ended September 30, 2026. These are related but different accounting figures: the charge-off estimate describes the expected reduction in the loans’ recorded balances, while provision expense is the expected expense recognized for credit losses during the period.
The filing attributes the expected impairments to credit events affecting the third quarter, but does not identify individual borrowers or provide a final valuation of collateral. It therefore does not establish how much might ultimately be recovered or whether actual charge-offs and provision will match the estimates.
What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
#1 Best Overall
Other expected impairment and estimated earnings effect
NBHC also expected a separate $4.0 million impairment charge on a FinTech partnership investment classified as a non-marketable security. The filing said this charge would reduce non-interest income.
Including the loan impairments and the investment charge, NBHC estimated an after-tax earnings reduction of approximately $32.0 million to $34.0 million, or $0.72 to $0.76 per diluted share, for the three and nine months ended September 30, 2026. These figures are estimates in the October 1 filing, not final third-quarter earnings.
Rank #2
- Ideal for Gifting
- Ideal for a bookworm
- Compact for travelling
For context only, NBHC reported second-quarter 2026 net income of $26.5 million, or $0.58 per diluted share, when it released results on July 21. That is a reported result for a different quarter; it should not be treated as directly comparable to the estimated third-quarter impairment impact. NBHC’s results page provides the second-quarter figures.
What the $40.1 million buyback authorization means
The board approved up to $40.1 million of additional repurchase authority on September 30. Combined with $59.9 million remaining under the prior authorization, that brought NBHC’s aggregate authority to $100.0 million.
The company said it may repurchase shares through open-market or privately negotiated transactions, Rule 10b5-1 plans, or other methods consistent with securities laws. The authorization has no expiration date, but the board may modify, suspend, or terminate it at any time. It is a ceiling on permitted repurchases—not a commitment to spend the full amount, a report of shares already bought, or an offset to the expected loan losses.
At the close of business on September 30, NBHC reported 44,285,618 Class A common shares outstanding, excluding 813,990 issued but unvested restricted Class A shares. The eventual effect of the authorization on share count depends on whether and how many shares the company actually repurchases.
Rank #4
How to read the two announcements together
The disclosures have different financial roles. The expected impairments directly reduce NBHC’s estimated earnings for the quarter; a share repurchase could affect the share count only if NBHC executes purchases. The filing does not say that the buyback will fund, offset, or resolve the expected credit losses.
Quick Recap
Best Value
- It can be a gift option
- Comes with secure packaging
- Helpful in various ways
- Credit disclosure: an estimate of losses and related expense on specific commercial lending relationships, plus a separate investment impairment.
- Capital-allocation disclosure: board permission to repurchase up to an aggregate $100.0 million of stock, subject to possible changes and actual execution.
- What remains unsettled in this filing: final realized charge-offs, final provision expense, final third-quarter earnings, and the number or value of any shares repurchased.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
