Northpointe Bancshares, Inc. (NPB) AI Stock Analysis

• Market Cap: $520.97M
• Dividend Yield: N/A
• Average Volume (3M): 168.26K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.18
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 491
• Sector: Financial
• Sector Strength: 78
• Industry: Banks - Regional
• EPS (TTM): 0.49
• Shares Outstanding: 34,364,660
• 10 Day Avg. Volume: 327,049
• 30 Day Avg. Volume: 168,265
• PEG Ratio: 0.13
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.49
• Enterprise Value/Market Cap: 2.93
• Enterprise Value/Revenue: 4.12
• Enterprise Value/Gross Profit: 15.91
• Enterprise Value/Ebitda: 26.42
• 1Y Price Target: $17.25
• Price Target Upside: 31.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 66 Neutral
• Price Target: $16.00 ▲(21.86%Upside)

Northpointe Bancshares shows strong technical momentum and positive corporate actions, which are partially offset by financial performance concerns, particularly in cash flow generation. Valuation metrics are limited, adding risk to the overall assessment. The stock presents potential for growth amidst liquidity and valuation challenges.

Northpointe Bancshares, Inc. Business Overview & Revenue Model

Company Description

Northpointe Bancshares, Inc. operates as the bank holding company for Northpointe Bank provides various banking products and services. It offers noninterest-bearing accounts, savings, money-market demand accounts, and certificates of deposits; personal and business banking, kids saving, and health saving accounts; home loans; and mortgage purchase program. The company was incorporated in 1998 and is headquartered in Grand Rapids, Michigan.

How the Company Makes Money

Northpointe Bancshares, Inc. generates revenue through various streams, primarily by providing banking and financial services. The company earns money from interest income on loans and mortgages, as well as from fees related to deposit accounts, transactions, and other financial services. Additionally, NPB benefits from investment income and advisory fees through its investment services division. The company's profitability is further supported by strategic partnerships and collaborations within the financial sector, enhancing its product offerings and market reach.

Northpointe Bancshares, Inc. Financial Statement Overview

Summary

Northpointe Bancshares, Inc. presents a mixed financial picture. While net profitability has improved significantly, overall revenue and cash flow have declined, indicating potential challenges in sustaining growth. The balance sheet remains stable with moderate leverage, but cash flow issues could pose liquidity risks.

Income Statement

Northpointe Bancshares, Inc. has shown a decrease in revenue from $196 million in 2023 to $185 million in 2024, indicating a revenue decline. The net profit margin improved significantly from 17.2% in 2023 to 29.7% in 2024, reflecting enhanced profitability through cost management or other strategic measures despite lower revenue. The absence of EBIT and EBITDA data limits a complete profitability analysis.

Balance Sheet

The company maintains a relatively stable financial position with a slight increase in stockholders' equity from $431 million in 2023 to $462 million in 2024, indicating retained earnings growth. The debt-to-equity ratio is approximately 2.82 in 2024, suggesting moderate leverage, which could pose risks if interest rates rise. The equity ratio is stable, hovering around 8.8% in 2024, indicating a conservative balance sheet structure typical for regional banks.

Cash Flow

Free cash flow has decreased from $499 million in 2023 to $18 million in 2024, pointing to potential challenges in cash generation. The operating cash flow to net income ratio is 0.36 in 2024, suggesting operational efficiency issues. The significant drop in free cash flow growth rate and the free cash flow to net income ratio of 0.34 highlight potential liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	198.34M	390.45M	362.45M	324.24M
Gross Profit	96.05M	187.47M	197.77M	255.34M
EBITDA	38.97M	76.68M	48.70M	37.71M
Net Income	28.24M	55.16M	33.76M	23.24M
Balance Sheet
Total Assets	5.86B	5.22B	4.76B	4.40B
Cash, Cash Equivalents and Short-Term Investments	330.09M	384.87M	366.62M	283.32M
Total Debt	1.40B	1.30B	1.31B	981.25M
Total Liabilities	5.27B	4.76B	4.33B	3.98B
Stockholders Equity	586.52M	462.49M	430.62M	417.31M
Cash Flow
Free Cash Flow	64.95M	18.76M	498.64M	1.35B
Operating Cash Flow	65.04M	19.81M	504.17M	1.35B
Investing Cash Flow	-629.60M	-458.24M	-750.68M	-1.18B
Financing Cash Flow	445.31M	462.83M	324.17M	-354.76M

Northpointe Bancshares, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MPB	77 Outperform	$680.00M	10.29	8.38%	2.70%	13.17%	24.36%
FMNB	74 Outperform	$546.54M	11.30	11.69%	4.68%	6.53%	-10.99%
NFBK	70 Outperform	$511.09M	15.63	4.48%	4.34%	10.00%	2.81%
Sector *	67 Neutral	$16.86B	11.90	9.77%	3.76%	12.07%	-8.35%
HIFS	67 Neutral	$626.19M	21.93	6.68%	0.88%	7.69%	13.82%
NPB	66 Neutral	$520.97M	―		―	―	―

Northpointe Bancshares, Inc. Corporate Events

Northpointe Bancshares Updates Executive Employment Agreements

On June 26, 2025, Northpointe Bancshares, Inc. announced new employment agreements with key executives, including Amy M. Butler, David J. Christel, Kevin J. Comps, and Brad T. Howes. These agreements, which replace previous contracts for some executives, outline base salaries, incentive compensation, and severance terms, reflecting the company’s commitment to retaining top leadership talent. The agreements have implications for the company’s operational stability and strategic continuity, ensuring that executive compensation aligns with performance and market conditions.

The most recent analyst rating on (NPB) stock is a Buy with a $16.50 price target. To see the full list of analyst forecasts on Northpointe Bancshares, Inc. stock, see the NPB Stock Forecast page.

Northpointe Bancshares Announces Special Cash Dividend

Northpointe Bancshares, Inc. recently amended its registration rights agreements for its Series A and Series B preferred stocks. The amendments extend the deadlines for certain filing obligations to January 2, 2026, and January 2, 2027, respectively. Additionally, the company announced a one-time special cash dividend of $2.50 per share for both Series A and Series B preferred stockholders, payable on June 30, 2025, to holders of record as of May 21, 2025.

The most recent analyst rating on (NPB) stock is a Buy with a $16.50 price target. To see the full list of analyst forecasts on Northpointe Bancshares, Inc. stock, see the NPB Stock Forecast page.

Northpointe Bancshares Holds Annual Stockholders Meeting

On May 15, 2025, Northpointe Bancshares, Inc. held its annual stockholders meeting via conference call. During the meeting, shareholders voted on two key proposals. The first proposal involved the election of directors, with all nominated individuals elected to serve a one-year term on the board. The second proposal was the ratification of RSM US LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, which was approved.

The most recent analyst rating on (NPB) stock is a Buy with a $16.50 price target. To see the full list of analyst forecasts on Northpointe Bancshares, Inc. stock, see the NPB Stock Forecast page.