NPB

Company Overview — What Does NORTHPOINTE BANCSHARES INC Do?

We are a bank holding company headquartered in Grand Rapids, Michigan and registered under the Bank Holding Company Act of 1956, as amended (the “BHC Act”). We operate our business primarily through our wholly-owned banking subsidiary, Northpointe Bank. We emphasize to our employees and clients that our specialized business lines differentiate us as a business that has the added benefit of being a bank. Our Bank was founded in 1999 as a focused mortgage portfolio lender primarily operating in the midwestern states of Michigan, Ohio and Indiana. Since then, we have evolved, and our business now offers a nationwide mortgage purchase program, residential mortgage loans, digital deposit banking to our retail customers and custodial deposit services to our loan servicing clients, which we believe is unique for a bank. We believe we are recognized in the market for the methods we utilize to acquire new borrowers and for our ability to provide simple, fast, and trusted digital solutions to borrowers in the mortgage banking marketplace. Our delivery systems are primarily digital and are available to clients nationwide; and we provide our staff with loan production offices across 23 cities in 15 states and support them through our centralized operating center in Grand Rapids, Michigan. Our nationwide presence has enabled us to have clients in all 50 states and the District of Columbia. As of September 30, 2024, we had $5.4 billion in assets, $4.8 billion in gross loans, including held for investment (“HFI”) and held for sale (“HFS”), $3.5 billion of deposits and $454.8 million of stockholders’ equity. We have originated more than $190 billion in home loan financings over the last 10 years. In the large and fragmented mortgage marketplace, we believe we are well-positioned as a specialty bank that uses a widely accepted and growing digitally-enabled platform to serve the borrowing and payment needs of increasingly sophisticated mortgage warehouse MPP clients and the rapidly evolving demands of professional mortgage originators and retail borrowers. Our strategy is to primarily operate four major business channels that offer products which we believe requires differentiated expertise in order to originate, hold and service those products. We believe our specialized credit, technology and payment processing expertise allows us to successfully compete and achieve the desired profitability in the channels in which we operate. We have expertise in the below businesses, which are reflected in our two primary business channels: 1) Mortgage Warehouse, or Mortgage Purchase Program (“MPP”) — our mortgage warehouse revolving purchase facility, which we refer to as MPP, utilizes proprietary software and payment technology which is integrated with our credit underwriting process to manage the high velocity of credit extension draws and repayments that result from extensive use by our MPP clients of their revolving purchase facilities. We process approximately $2.2 billion in funding draws/repayments per month; and have experienced no charge-offs in our 15-year history of MPP lending. 2) Retail Banking, including Residential Lending and our All-in-One (“AIO”) Loan — are a rapidly growing category of specialized first mortgage revolving (HELOC-styled) loans, linked by one account to a demand deposit bank account of the borrower. An AIO account requires us to accurately process a high frequency of payments, including changes in payment amounts associated with variable rate structures, revolving loan features and constantly changing balances of contractually linked demand deposit accounts. a. Specialized Mortgage Loan & Deposit Account Servicing — requires highly developed operating skills and a customized platform capable of: (a) being approved and rated by major agencies to handle subservicing AIO-style loans, (b) being a well-capitalized FDIC-insured depository institution able to accept deposits, and (c) documenting significant compliance requirements. We believe very few financial institutions have been able to offer and successfully conduct the servicing of the variable rate, varying balance and higher velocity of payments related to such linked loan and deposit accounts. We further believe we are the largest of the limited number of entities that originate, hold and service these types of loans for their own balance sheet, as well as being rated and approved for servicing such products for other issuers. b. Digital Deposit Banking — requires delivery of easy to use, real-time branchless banking to retail deposit customers nationwide with a technologically competitive delivery framework. While many financial institutions offer digital banking, our digital-only focus has allowed us to remain contemporary without being “a bleeding edge” provider. We provide our digital banking services along with attractive rates to a focused digital banking customer subset that fit our specific balance sheet strategy. Our principal executive office is located at 3333 Deposit Drive Northeast, Grand Rapids, Michigan. NORTHPOINTE BANCSHARES INC (NPB) is classified as a small-cap stock in the Financials sector, specifically within the Banking industry. The company is led by CEO Charles A. Williams and employs approximately 541 people, headquartered in GRAND RAPIDS, Michigan. With a market capitalization of $602M, NPB is one of the notable companies in the Financials sector.

NORTHPOINTE BANCSHARES INC (NPB) Stock Rating — Hold (April 2026)

As of April 2026, NORTHPOINTE BANCSHARES INC receives a Hold rating with a composite score of 56.4/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.NPB ranks #572 out of 4,446 stocks in our coverage universe. Within the Financials sector, NORTHPOINTE BANCSHARES INC ranks #175 of 891 stocks, placing it in the top quartile of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

NPB Stock Price and 52-Week Range

NORTHPOINTE BANCSHARES INC (NPB) currently trades at $18.46. The stock lost $0.29 (1.5%) in the most recent trading session. The 52-week high for NPB is $19.48, which means the stock is currently trading -5.2% from its annual peak. The 52-week low is $11.43, putting the stock 61.5% above its annual trough. Recent trading volume was 67K shares, suggesting relatively thin trading activity.

Is NPB Overvalued or Undervalued? — Valuation Analysis

NORTHPOINTE BANCSHARES INC (NPB) carries a value factor score of 78/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 8.76x, compared to the Financials sector average of 14.88x — a discount of 41%. The price-to-book ratio stands at 1.07x, versus the sector average of 1.22x. The price-to-sales ratio is 1.01x, compared to 0.90x for the average Financials stock. On an enterprise value basis, NPB trades at 1.39x EV/EBITDA, versus 3.26x for the sector.

Based on these multiples, NORTHPOINTE BANCSHARES INC appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.

NORTHPOINTE BANCSHARES INC Profitability — ROE, Margins, and Quality Score

NORTHPOINTE BANCSHARES INC (NPB) earns a quality factor score of 62/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 58.6%, compared to the Financials sector average of 8.5%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 4.8% versus the sector average of 1.2%.

On a margin basis, NORTHPOINTE BANCSHARES INC reports gross margins of 0.0%. The operating margin is 73.2% (sector: 21.8%). Net profit margin stands at 55.3%, versus 17.7% for the average Financials stock. Revenue growth is running at 18.8% on a trailing basis, compared to 9.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

NPB Debt, Balance Sheet, and Financial Health

NORTHPOINTE BANCSHARES INC has a debt-to-equity ratio of 1134.0%, compared to the Financials sector average of 121.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.09x, suggesting adequate working capital coverage. Total debt on the balance sheet is $1.40B. Cash and equivalents stand at $419M.

NPB has a beta of 0.75, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for NORTHPOINTE BANCSHARES INC is 78/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

NORTHPOINTE BANCSHARES INC Revenue and Earnings History — Quarterly Trend

In TTM 2026, NORTHPOINTE BANCSHARES INC reported revenue of $151M and earnings per share (EPS) of $2.14. Net income for the quarter was $83M. Gross margin was 0.0%. Operating income came in at $110M.

In FY 2025, NORTHPOINTE BANCSHARES INC reported revenue of $151M and earnings per share (EPS) of $2.14. Net income for the quarter was $83M. Revenue grew -19.5% year-over-year compared to FY 2024. Operating income came in at $110M.

In Q3 2025, NORTHPOINTE BANCSHARES INC reported revenue of $40M and earnings per share (EPS) of $0.58. Net income for the quarter was $22M. Operating income came in at $29M.

In Q2 2025, NORTHPOINTE BANCSHARES INC reported revenue of $59M and earnings per share (EPS) of $0.52. Net income for the quarter was $20M. Gross margin was 61.9%. Operating income came in at $22M.

Over the past 7 quarters, NORTHPOINTE BANCSHARES INC has experienced revenue contraction from $196M to $151M. Investors analyzing NPB stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

NPB Dividend Yield and Income Analysis

NORTHPOINTE BANCSHARES INC (NPB) currently pays a dividend yield of 0.3%. At this yield, a $10,000 investment in NPB stock would generate approximately $$29.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning NPB yields less than the typical sector peer. With a net margin of 55.3%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

NPB Momentum and Technical Analysis Profile

NORTHPOINTE BANCSHARES INC (NPB) has a momentum factor score of 51/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 32/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

NPB vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, NORTHPOINTE BANCSHARES INC (NPB) ranks #175 out of 891 stocks based on the Blank Capital composite score. This places NPB in the top quartile of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing NPB against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full NPB vs S&P 500 (SPY) comparison to assess how NORTHPOINTE BANCSHARES INC stacks up against the broader market across all factor dimensions.

NPB Next Earnings Date

No upcoming earnings date has been announced for NORTHPOINTE BANCSHARES INC (NPB) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy NPB? — Investment Thesis Summary

NORTHPOINTE BANCSHARES INC presents a balanced picture with arguments on both sides. The quality score of 62/100 indicates above-average profitability and business fundamentals. The value score of 78/100 suggests attractive pricing relative to fundamentals. Low volatility (stability score 78/100) reduces downside risk.

In summary, NORTHPOINTE BANCSHARES INC (NPB) earns a Hold rating with a composite score of 56.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on NPB stock.

Related Resources for NPB Investors

Explore more research and tools: NPB vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare NPB head-to-head with peers: NPB vs WTM, NPB vs OPY, NPB vs ACT.