Northpointe Bancshares, Inc. (NPB)
NYSE:NPB
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Earnings Data
Report Date
Jul 28, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.68Last Year’s EPS
0.51Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational execution and healthy credit metrics driven by significant MPP growth, record funding months, durable profitability (0.62 EPS) and tangible book value expansion. Management provided constructive 2026 guidance for MPP, origination volumes and fee revenue while maintaining disciplined capital planning (subordinated notes issuance and planned preferred call). Offsetting items include margin pressure from lower rates and competitive dynamics, some decline in residential sale rates and ongoing reliance on wholesale funding, along with fair value volatility and modestly higher operating expenses. Overall, the positives — robust MPP growth, improved asset quality and tangible book value appreciation — materially outweigh the headwinds.Company Guidance
Earnings and Profitability
Net income to common stockholders of $21.7 million, or $0.62 per diluted share; return on average assets 1.28% and return on average tangible common equity 15.71%.
Tangible Book Value Growth
Tangible book value per share increased by over 16% annualized over the prior period after factoring in dividends paid.
MPP (Mortgage Purchase Program) Strong Growth
MPP balances ended the quarter at $3.9 billion, representing ~51% annualized growth versus the prior period; period-funded loans through the channel were $11.2 billion in Q1 (vs. $6.7 billion in Q1 2025); March funded $4.6 billion — the highest volume month on record.
New and Expanded MPP Relationships
Brought on 8 new MPP clients adding $205 million capacity and increased facility size for 11 existing clients adding $465 million of capacity; average utilization of existing clients was 57%.
Strong Asset Quality
Net charge-offs fell to $266,000 (down from $1.2 million prior quarter), annualized net charge-off ratio 2 basis points; nonperforming assets decreased by $2.0 million; 31–89 day delinquencies decreased by $6.5 million; portfolio credit metrics remain strong (average FICO 752, average LTV 72% with mortgage insurance, average DTI 35%).
Retail and Digital Deposit Strength
Closed $693.7 million in residential mortgages in Q1; digital deposit platform and direct customer channel ended the quarter with $5.0 billion in total deposits (increase vs. prior quarter); mortgage rate lock commitments increased 12% QoQ.
Mortgage Gain-on-Sale Performance
Excluding fair value items, net gain on sale of loans would have been $17.8 million (up from $16.6 million prior quarter); full-year salable mortgage origination guidance maintained at $2.2 billion–$2.4 billion with all-in margins 2.75%–3.25%.
Guidance and Capital Actions
2026 guidance: MPP balances targeted $4.1B–$4.3B year-end; AIO balances $900M–$1.0B; provision expense forecast $2M–$3M; noninterest expense guidance $138M–$142M; completed $20M private placement of subordinated notes and plan to call $25M Series B preferred prior to year-end.
Funding Mix and Balance Sheet Growth
Total assets grew to $7.4 billion; wholesale funding ratio improved to 62.94% from 64.60% last quarter; expectation to fund MPP and AIO growth via brokered CDs, retail deposits and non-brokered deposits where possible.
NPB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NPB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 21, 2026 | $18.52 | $17.69 | -4.48% |
Jan 20, 2026 | $18.04 | $18.20 | +0.89% |
Oct 21, 2025 | $16.80 | $16.60 | -1.19% |
Jul 22, 2025 | $14.90 | $14.92 | +0.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Northpointe Bancshares, Inc. (NPB) report earnings?
Northpointe Bancshares, Inc. (NPB) is schdueled to report earning on Jul 28, 2026, After Close (Confirmed).
What is Northpointe Bancshares, Inc. (NPB) earnings time?
Northpointe Bancshares, Inc. (NPB) earnings time is at Jul 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What is NPB EPS forecast?
NPB EPS forecast for the fiscal quarter 2026 (Q2) is 0.68.