NBH

NEXT BRIDGE HYDROCARBONS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Next Bridge Hydrocarbons, Inc., a spin-off from Meta Materials, Inc. (OTC PINK: MMTLP), Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsu

Retrieved on: 
Wednesday, March 27, 2024
NBH, Metamaterial, Orogrande Basin, Meta, Sale, Disclosure, Prospectus, Complaint, OTC, Court, Register, Person, Security (finance)

NBH dates back several years to an earlier company named Torchlight Energy Resources, Inc. ("Torchlight").

Key Points: 
  • NBH dates back several years to an earlier company named Torchlight Energy Resources, Inc. ("Torchlight").
  • Torchlight was an oil and gas company that operated primarily in the Orogrande Basin in West Texas under the control of Defendant Gregory McCabe.
  • In connection with the merger, legacy Torchlight shareholders received shares of non-voting Meta Materials preferred stock (the "Preferred Stock").
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

National Bank Holdings Corporation Announces Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, July 19, 2023
Master data management, NBH, Common equity, FDIC, Federal, Sale, Federal Home Loan Banks, Interest, Trust, Acquisition, SBA, Bank, Earnings call, Family, Common, Life insurance, Real estate, Video game, Cryptocurrency, Cambre

Fully taxable equivalent pre-provision net revenue totaled $44.1 million during the second quarter, compared to $52.7 million.

Key Points: 
  • Fully taxable equivalent pre-provision net revenue totaled $44.1 million during the second quarter, compared to $52.7 million.
  • Annualized net charge-offs totaled 0.02% of average total loans during the second quarter, compared to 0.01% in the prior quarter.
  • Average total deposits increased $272.1 million, or 14.2% annualized, to $8.0 billion during the second quarter 2023, compared to $7.7 billion during the first quarter 2023.
  • Income tax expense totaled $8.4 million during the second quarter, compared to $10.1 million in the prior quarter.

StoneCastle Partners Completes Sale of Cambr

Retrieved on: 
Wednesday, April 19, 2023
Keefe, Bruyette & Woods, Wachtell, Lipton, Rosen & Katz, NBH, Digital Solutions, Gibson, Acquisition, NYSE, Bank, Financial adviser, Javier Cambre

NEW YORK, April 19, 2023 /PRNewswire/ -- StoneCastle Partners, LLC announced today that it has sold its subsidiary StoneCastle Digital Solutions, LLC (d/b/a Cambr) to National Bank Holdings Corporation's (NYSE: NBHC) bank subsidiary NBH Bank ("NBH").

Key Points: 
  • NEW YORK, April 19, 2023 /PRNewswire/ -- StoneCastle Partners, LLC announced today that it has sold its subsidiary StoneCastle Digital Solutions, LLC (d/b/a Cambr) to National Bank Holdings Corporation's (NYSE: NBHC) bank subsidiary NBH Bank ("NBH").
  • StoneCastle Partners developed Cambr to provide a low-cost, scalable and diversified deposit channel for a future bank owner.
  • During its two-decade history, StoneCastle Partners has built numerous businesses that utilize non-traditional strategies to create efficiencies in financial services.
  • Cambr will continue to go-to-market under the Cambr brand and will operate as a separate subsidiary of NBH Bank.

National Bank Holdings Corporation Announces Record First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, April 19, 2023
Master data management, NBH, FDIC, Federal, Sale, Interest, Trust, Acquisition, CECL, Bank, Earnings call, Common, Video game, Life insurance, Real estate, Cryptocurrency, Cambre

The fourth quarter included $23.2 million of non-recurring acquisition-related expenses, including $16.3 million of CECL Day 1 provision expense.

Key Points: 
  • The fourth quarter included $23.2 million of non-recurring acquisition-related expenses, including $16.3 million of CECL Day 1 provision expense.
  • Total loans increased $124.8 million or 7.0% annualized to a record $7.3 billion at March 31, 2023.
  • Average total deposits were $7.7 billion during the first quarter 2023, compared to $8.0 billion during the fourth quarter 2022.
  • Management will host a conference call to review the results at 11:00 a.m. Eastern Time on Thursday, April 20, 2023.

National Bank Holdings Corporation Announces Acquisition of StoneCastle Digital Solutions, LLC

Retrieved on: 
Wednesday, April 19, 2023
Keefe, Bruyette & Woods, Wachtell, Lipton, Rosen & Katz, Marketing, NBH, Digital Solutions, FDIC, Gibson, Acquisition, NYSE, Holding company, Bank, Financial adviser, Javier Cambre

DENVER, April 19, 2023 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC) today announced that its bank subsidiary NBH Bank (“NBH”) has recently acquired StoneCastle Digital Solutions, LLC (d/b/a Cambr), a subsidiary of StoneCastle Partners, LLC (“StoneCastle”).

Key Points: 
  • DENVER, April 19, 2023 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC) today announced that its bank subsidiary NBH Bank (“NBH”) has recently acquired StoneCastle Digital Solutions, LLC (d/b/a Cambr), a subsidiary of StoneCastle Partners, LLC (“StoneCastle”).
  • Cambr is a unique deposit acquisition and processing platform that generates core deposits from accounts offered through embedded finance companies.
  • “Cambr provides us the ability to significantly grow our core deposits with very little incremental overhead,” said Tim Laney, Chairman, President and Chief Executive Officer of National Bank Holdings Corporation.
  • Keefe, Bruyette & Woods, a Stifel Company, served as exclusive financial advisor and Gibson Dunn & Crutcher LLP served as legal advisor to StoneCastle.

National Bank Holdings Corporation Announces Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Tuesday, January 24, 2023
Interest, Family, Acquisition, NBH, Common, Earnings call, Sale, Bank, CECL, Investment, Growth, Space Network, Video game, Life insurance, Iron ore

Fully taxable equivalent pre-provision net revenue increased $9.1 million to $43.0 million during the fourth quarter.

Key Points: 
  • Fully taxable equivalent pre-provision net revenue increased $9.1 million to $43.0 million during the fourth quarter.
  • Fully taxable equivalent net interest income totaled a record $96.5 million during the fourth quarter of 2022, an increase of $26.0 million, or 146.4% annualized.
  • Excluding the newly acquired Bank of Jackson Hole loans, loans increased $310.0 million or 21.5% annualized led by originated commercial loan growth of $151.1 million.
  • Average total deposits increased $1.6 billion or 96.8% annualized to $8.0 billion for the fourth quarter 2022.

Novolipetsk Steel: Q3 & 9M 2022 NLMK Group Trading Update

Retrieved on: 
Saturday, October 22, 2022
Pressure, Segment, Coal, Housing, HSM, MAR, Group, Steel, NLMK, NBH, Weather, Agriculture, Powder metallurgy, Copper, Renewable energy, Iron ore, Oil, Iron, EU

Hereinafter, NLMK Group steel output and sales on home markets are shown taking into account NBH performance.

Key Points: 
  • Hereinafter, NLMK Group steel output and sales on home markets are shown taking into account NBH performance.
  • Sales to NLMK Groups home markets are understood to be sales by NLMK Group companies in the regions where the products are produced in Russia, the EU, and the US.
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  • In Q3 2022, only finished products were sold due to low demand for billets in export markets and ruble appreciation.

Finexio Raises $14 Million in Initial Close of Series B, Company Valued at $100 Million

Retrieved on: 
Monday, July 25, 2022
United, CFO, Investment, GLOBE, Construction, GDV, Industry, AP, NYSE, CEO, Government, Solution, Software, Adoption, DFS, B2B, LinkedIn, Community, Accounts payable, Procurement, Growth, API, NBH, Automation, Bank, Online shopping, Cryptocurrency, Hospitality

Discover Financial Services (NYSE: DFS), Post Road Partners, The Banc Funds, EOM Investments, and other new and existing investors also participated in this growth round.

Key Points: 
  • Discover Financial Services (NYSE: DFS), Post Road Partners, The Banc Funds, EOM Investments, and other new and existing investors also participated in this growth round.
  • Finexio embeds B2B "Payments-as-a-Service" capabilities directly into the world's largest AP and Procure to Pay Software (AP2P) suites.
  • More than just payments, the Finexio infrastructure and APIs provide predictive payment and cashflow analytics capabilities, supplier identity and fraud prevention technology, and exception processing automation.
  • Finexio, the leading AP Payments as a Service company, focuses on providing end-to-end AP payment capabilities embedded within Accounts Payable and Procure to Pay (AP2P) Software Platforms.

Q2 & 6M 2022 NLMK Group Trading Update

Retrieved on: 
Monday, July 25, 2022
Maintenance, Iron, Collection, MAR, COVID-19, NLMK, Weather, La, Coal, Steel, Altai-Koks, Acceleration, Growth, NBH, European, Segment, Road, Natural gas, Textile, Weapon, Transformer, Iron ore, Recycling, Animal, Oil, Warehouse, Tourism, Machine tool, Fine chemical, Copper, Sulfur, Real estate, Asphalt, Group, EU

Hereinafter, NLMK Group steel output and sales on home markets are shown taking into account NBH performance.

Key Points: 
  • Hereinafter, NLMK Group steel output and sales on home markets are shown taking into account NBH performance.
  • Sales to NLMK Groups home markets are understood to be sales by NLMK Group companies in the regions where the products are produced in Rssia, the EU, and the US.
  • This growth was additionally supported by the increase in slab shipments to NBH in Q2 2022.
  • [2] NLMK Russia Long Product companies include NLMK Ural, NLMK Metalware, NLMK Kaluga, and scrap collecting facilities.

National Bank Holdings Corporation Announces Regulatory Approvals for the Acquisition of Rock Canyon Bank

Retrieved on: 
Thursday, July 21, 2022
Colorado Division of Aeronautics, Acquisition, Financial institution, Coronavirus, GLOBE, Habit, Pandemic, Industry, U.S. Securities and Exchange Commission, CEO, NYSE, SEC, Federal Reserve Board of Governors, Government, Forward-looking statement, Information technology, Private Securities Litigation Reform Act, COVID-19, Risk, Failure, Disaster, Family, Company, Security (finance), LinkedIn, First Commerce Bancshares, Dislocation, Borrowing base, Community, Form 10-K, Growth, NBH, Utah Department of Corrections, Bank

We are pleased to have received the required regulatory approvals and look forward to closing this acquisition in the coming weeks, said Tim Laney, CEO of National Bank Holdings Corporation.

Key Points: 
  • We are pleased to have received the required regulatory approvals and look forward to closing this acquisition in the coming weeks, said Tim Laney, CEO of National Bank Holdings Corporation.
  • National Bank Holdings Corporation is a bank holding company created to build a leading community bank franchise delivering high quality client service and committed to stakeholder results.
  • Through its bank subsidiary, NBH Bank, National Bank Holdings Corporation operates a network of 81 banking centers, serving individual consumers, small, medium and large businesses, and government and non-profit entities.
  • Additional information about National Bank Holdings Corporation can be found at www.nationalbankholdings.com.