Northpointe Bancshares IncNPB

NYSEFinanceState Commercial Banks
Price (close)
$15.35
Market cap
$530.8M
P/E
5.9x
Revenue (TTM)
$257.2M
Net income
$89.7M
Dividend yield
0.65%
1-year total return
-12.8%
Net margin
34.9%
Revenue growth
22.5%
Debt / equity
—

What Northpointe Bancshares Inc does.

As used in this report, the terms “we”, “us”, “our”, “Northpointe”, and “Company” mean Northpointe Bancshares, Inc. and its subsidiary, unless the context indicates another meaning. The term “Bank” means Northpointe Bank.

Northpointe Bancshares, Inc. (“the Company”) is a bank holding company headquartered in Grand Rapids, Michigan and registered under the Bank Holding Company Act of 1956. The Company completed an initial public offering of common stock in February 2025 as an emerging growth company under the Jumpstart Our Business Startups Act of 2012 (“the JOBS Act”). Our common stock is listed on the New York Stock Exchange under the symbol “NPB”.

Our Bank was founded in 1999 as a focused mortgage portfolio lender primarily operating in the midwestern states of Michigan, Ohio and Indiana. Presently, the Bank also offers a nationwide mortgage purchase program, residential mortgage lending, digital deposit banking to our retail customers and custodial deposit services to our loan servicing clients. Our delivery systems are primarily digital and are available to clients nationwide; and we provide our staff with loan production offices across 25 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. Today, we are the largest bank headquartered in the state of Michigan, one of the largest providers of mortgage warehouse financing, and one of the only mortgage-focused banks in the country.

Revenue and profit, by fiscal year.

Fiscal year2022202320242025
Revenue—$196.3M$187.1M$241.7M
Net income—$33.8M$55.2M$83.4M
Free cash flow—$501.4M$18.8M$41.5M

More on NPB.

Figures from Northpointe Bancshares Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.