NPB Stock Analysis: Northpointe Bancshares | NYSE
Banks - Regional | NYSE, USA | Market Cap: 668m USD | 12M Return: 24.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.24M
Qual. Beats: 0
Rev. Trend: 97.0%
Warnings
Tailwinds
No distinct edge detected
Seasonality 1.4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Northpointe Bancshares, Inc. (NYSE: NPB) is a Michigan-based bank holding company that operates Northpointe Bank through two reportable segments: a Mortgage Purchase Program and Retail Banking. Its product set spans digital deposit accounts (checking, savings, money market, and CDs), personal and business banking, health savings accounts, home loans, residential mortgage lending, and custodial deposit services. The company was incorporated in 1998 and is headquartered in Grand Rapids, Michigan, and began trading publicly in February 2025.
As a small-cap regional bank within the financials sector, Northpointe combines a traditional community-banking deposit franchise with a correspondent-style model, purchasing mortgage loans originated by other lenders rather than relying solely on direct retail production. The companys emphasis on digital deposit banking and custodial services, including HSAs, reflects a deposit-gathering strategy that is common among digitally focused regional banks seeking low-cost, sticky funding sources.
- Net interest margin compresses as Fed cuts rates
- Mortgage purchase program volume declines on housing market slowdown
- Digital deposit growth accelerates with custodial HSA services scaling
| Net Income: 88.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -35.75 > 1.0 |
| NWC/Revenue: -883.4% < 20% (prev 41.04%; Δ -924.4% < -1%) |
| CFO/TA 0.00 > 3% & CFO 27.6m > Net Income 88.3m |
| Net Debt (1.26b) to EBITDA (120.2m): 10.50 < 3 |
| Current Ratio: 0.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (15.3m) vs 12m ago 15.80% < -2% |
| Gross Margin: 51.06% > 18% (prev 48.42%; Δ 2.65% > 0.5%) |
| Asset Turnover: 12.96% > 50% (prev 193.0%; Δ -180.0% > 0%) |
| Interest Coverage Ratio: 0.49 > 6 (EBIT TTM 117.2m / Interest Expense TTM 240.9m) |
| A: -0.59 (Total Current Assets 514.1m - Total Current Liabilities 4.87b) / Total Assets 7.40b |
| B: 0.05 (Retained Earnings 385.2m / Total Assets 7.40b) |
| C: 0.03 (EBIT TTM 117.2m / Avg Total Assets 3.81b) |
| D: 0.09 (Book Value of Equity 590.0m / Total Liabilities 6.81b) |
| Altman-Z'' = -3.39 = D |
| DSRI: 3.0 (Receivables 26.5m/4.61m, Revenue 493.1m/403.2m) |
| GMI: 0.95 (GM 48.42% / 51.06%) |
| AQI: 6.03 (AQ_t 0.93 / AQ_t-1 0.15) |
| SGI: 1.22 (Revenue 493.1m / 403.2m) |
| TATA: 0.01 (NI 88.3m - CFO 27.6m) / TA 7.40b) |
| Beneish M = 1.72 (Cap -4..+1) = D |
As of July 08, 2026, the stock is trading at USD 18.35 with a total of 201,362 shares traded. Over the past week, the price has changed by -4.23%, over one month by +5.46%, over three months by +3.63% and over the past year by +24.87%.
Current recommended Stop Loss: 17.60 (which is 4.1% or 1.4 ATR below the current price).
Northpointe Bancshares has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy NPB.
- StrongBuy: 0
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 21.1 | 14.9% |
P/E Trailing = 8.6205
P/S = 2.655
P/B = 1.1318
Revenue TTM = 493.1m USD
EBIT TTM = 117.2m USD
EBITDA TTM = 120.2m USD
Long Term Debt = 1.75b USD (from longTermDebt, last quarter)
Short Term Debt = 425.0m USD (from shortTermDebt, last quarter)
Debt = 1.75b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.26b USD (calculated: Debt 1.75b - CCE 487.6m)
Enterprise Value = 1.93b USD (667.8m + Debt 1.75b - CCE 487.6m)
Interest Coverage Ratio = 0.49 (Ebit TTM 117.2m / Interest Expense TTM 240.9m)
EV/FCF = 76.84x (Enterprise Value 1.93b / FCF TTM 25.1m)
FCF Yield = 1.30% (FCF TTM 25.1m / Enterprise Value 1.93b)
FCF Margin = 5.09% (FCF TTM 25.1m / Revenue TTM 493.1m)
Net Margin = 17.91% (Net Income TTM 88.3m / Revenue TTM 493.1m)
Gross Margin = 51.06% ((Revenue TTM 493.1m - Cost of Revenue TTM 241.3m) / Revenue TTM)
Gross Margin QoQ = 51.72% (prev 51.49%)
Tobins Q-Ratio = 0.26 (Enterprise Value 1.93b / Total Assets 7.40b)
Interest Expense / Debt = 13.77% (Interest Expense 240.9m / Debt 1.75b)
Taxrate = 24.66% (28.9m / 117.2m)
NOPAT = 88.3m (EBIT 117.2m * (1 - 24.66%))
Current Ratio = 0.11 (Total Current Assets 514.1m / Total Current Liabilities 4.87b)
Debt / Equity = 2.97 (Debt 1.75b / totalStockholderEquity, last quarter 590.0m)
Debt / EBITDA = 10.50 (Net Debt 1.26b / EBITDA 120.2m)
Debt / FCF = 50.25 (Net Debt 1.26b / FCF TTM 25.1m)
Total Stockholder Equity = 596.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.32% (Net Income 88.3m / Total Assets 7.40b)
RoE = 14.80% (Net Income TTM 88.3m / Total Stockholder Equity 596.7m)
RoCE = 5.00% (EBIT 117.2m / Capital Employed (Equity 596.7m + L.T.Debt 1.75b))
RoIC = 1.20% (NOPAT 88.3m / Invested Capital 7.38b)
WACC = 10.00% (E(667.8m)/V(2.42b) * Re(9.03%) + D(1.75b)/V(2.42b) * Rd(13.77%) * (1-Tc(0.25)))
Discount Rate = 9.03% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 4.60 | Cagr: -20.50%
[DCF] Terminal Value 67.18% ; FCFF base≈45.2m ; Y1≈39.7m ; Y5≈32.1m
[DCF] Fair Price = N/A (negative equity: EV 404.6m - Net Debt 1.26b = -857.4m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.24 | # QB: 0
Revenue Correlation: 97.02 | Revenue CAGR: 14.02% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.68 | Chg30d=-1.21% | Revisions=-40% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.70 | Chg30d=-1.64% | Revisions=-40% | Analysts=3
EPS current Year (2026-12-31): EPS=2.70 | Chg30d=-1.76% | Revisions=-40% | GrowthEPS=+27.8% | GrowthRev=+10.3%
EPS next Year (2027-12-31): EPS=2.98 | Chg30d=-1.05% | Revisions=-40% | GrowthEPS=+10.6% | GrowthRev=+8.2%
[Analyst] Revisions Ratio: -73% (up=0, down=8)