WallStSmart

National Bank Holdings Corporation (NBHC)vsU.S. Bancorp (USB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

U.S. Bancorp generates 5941% more annual revenue ($27.32B vs $452.27M). USB leads profitability with a 29.9% profit margin vs 21.8%. NBHC appears more attractively valued with a PEG of 1.57. USB earns a higher WallStSmart Score of 75/100 (B).

NBHC

Buy

61

out of 100

Grade: C+

Growth: 6.0Profit: 6.5Value: 5.0Quality: 7.0
Piotroski: 5/9Altman Z: -0.02

USB

Strong Buy

75

out of 100

Grade: B

Growth: 7.3Profit: 7.5Value: 5.7Quality: 4.5
Piotroski: 4/9Altman Z: -0.36

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NBHC5 strengths · Avg: 8.8/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Profit MarginProfitability
21.8%9/10

Keeps 22 of every $100 in revenue as profit

Debt/EquityHealth
0.219/10

Conservative balance sheet, low leverage

Operating MarginProfitability
27.5%8/10

Strong operational efficiency at 27.5%

Revenue GrowthGrowth
22.1%8/10

Revenue surging 22.1% year-over-year

USB6 strengths · Avg: 8.7/10
Operating MarginProfitability
39.7%10/10

Strong operational efficiency at 39.7%

Market CapQuality
$100.05B9/10

Large-cap with strong market position

Profit MarginProfitability
29.9%9/10

Keeps 30 of every $100 in revenue as profit

P/E RatioValuation
12.7x8/10

Attractively priced relative to earnings

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

EPS GrowthGrowth
21.6%8/10

Earnings expanding 21.6% YoY

Areas to Watch

NBHC4 concerns · Avg: 3.0/10
PEG RatioValuation
1.574/10

Expensive relative to growth rate

Market CapQuality
$1.92B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
7.1%3/10

ROE of 7.1% — below average capital efficiency

EPS GrowthGrowth
-34.1%2/10

Earnings declined 34.1%

USB3 concerns · Avg: 3.0/10
PEG RatioValuation
2.114/10

Expensive relative to growth rate

Debt/EquityHealth
1.423/10

Elevated debt levels

Altman Z-ScoreHealth
-0.362/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : NBHC

The strongest argument for NBHC centers on Price/Book, Profit Margin, Debt/Equity. Profitability is solid with margins at 21.8% and operating margin at 27.5%. Revenue growth of 22.1% demonstrates continued momentum.

Bull Case : USB

The strongest argument for USB centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 29.9% and operating margin at 39.7%. Revenue growth of 10.4% demonstrates continued momentum.

Bear Case : NBHC

The primary concerns for NBHC are PEG Ratio, Market Cap, Return on Equity.

Bear Case : USB

The primary concerns for USB are PEG Ratio, Debt/Equity, Altman Z-Score.

Key Dynamics to Monitor

NBHC profiles as a growth stock while USB is a mature play — different risk/reward profiles.

USB carries more volatility with a beta of 0.98 — expect wider price swings.

NBHC is growing revenue faster at 22.1% — sustainability is the question.

USB generates stronger free cash flow (1.3B), providing more financial flexibility.

Bottom Line

USB scores higher overall (75/100 vs 61/100), backed by strong 29.9% margins and 10.4% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

National Bank Holdings Corporation

FINANCIAL SERVICES · BANKS - REGIONAL · USA

National Bank Holdings Corporation is the banking holding company for NBH Bank offering various banking products and financial services to commercial, commercial and consumer clients in the United States. The company is headquartered in Greenwood Village, Colorado.

U.S. Bancorp

FINANCIAL SERVICES · BANKS - REGIONAL · USA

U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions.

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