Northpointe Bancshares, Inc. (NPB) AI Stock Analysis

• Market Cap: $464.61M
• Dividend Yield: N/A
• Average Volume (3M): 61.72K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.09
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 491
• Sector: Financial
• Sector Strength: 78
• Industry: Banks - Regional
• EPS (TTM): N/A
• Shares Outstanding: 34,364,660
• 10 Day Avg. Volume: 84,249
• 30 Day Avg. Volume: 61,721
• PEG Ratio: 0.00
• Price to Book (P/B): 1.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.37
• Enterprise Value/Market Cap: 2.59
• Enterprise Value/Revenue: 5.53
• Enterprise Value/Gross Profit: 27.32
• Enterprise Value/Ebitda: 22.35
• 1Y Price Target: $17.25
• Price Target Upside: 31.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 54 Neutral
• Price Target: ―

Northpointe Bancshares, Inc.'s overall score reflects mixed financial performance with improved profitability but declining revenue and cash flow. Technical analysis suggests neutral to weak momentum, while the absence of key valuation metrics adds uncertainty. The stable balance sheet is a positive, but liquidity challenges should be monitored.

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. shows a mixed financial picture. While net profit margin has improved, indicating enhanced profitability, the decline in revenue and significantly reduced cash flow are concerning. The balance sheet is stable with moderate leverage, but liquidity risks due to cash flow issues may need addressing.

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
143.26M	185.77M	196.29M	257.56M
	Gross Profit
44.08M	185.77M	197.77M	255.34M
	EBIT
34.13M	71.13M	44.69M	33.69M
	EBITDA
35.05M	0.00	48.70M	37.71M
	Net Income Common Stockholders
28.24M	55.16M	33.76M	23.24M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
0.00	376.30M	351.89M	274.23M
	Total Assets
5.86B	5.22B	4.76B	4.40B
	Total Debt
1.40B	1.30B	1.31B	981.25M
	Net Debt
1.40B	926.39M	962.48M	707.02M
	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
EBTC	74 Outperform	$512.09M	12.18	11.31%	2.51%	14.10%	12.00%
NFBK	71 Outperform	$520.46M	15.39	4.48%	4.26%	10.00%	2.81%
MPB	71 Outperform	$615.95M	9.13	8.38%	2.98%	13.17%	24.36%
FMNB	70 Outperform	$507.39M	10.07	11.69%	5.25%	6.53%	-11.21%
HIFS	65 Neutral	$501.70M	17.15	6.68%	1.14%	7.69%	13.82%
Sector *	64 Neutral	$12.93B	9.70	7.85%	78.03%	12.07%	-7.83%
NPB	54 Neutral	$464.61M	―		―	―	―