NPB Stock Analysis: Northpointe Bancshares | NYSE
Banks - Regional | NYSE, USA | Market Cap: 514m USD | 12M Return: -13.5% | US66661N8864 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.13M
Qual. Beats: -1
Rev. Trend: 97.0%
Warnings
Tailwinds
No distinct edge detected
Seasonality 1.6 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: 89.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.80 > 1.0 |
| NWC/Revenue: -976.4% < 20% (prev -957.4%; Δ -18.97% < -1%) |
| CFO/TA 0.01 > 3% & CFO 103.7m > Net Income 89.7m |
| Net Debt (1.09b) to EBITDA (64.1m): 16.94 < 3 |
| Current Ratio: 0.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (35.3m) vs 12m ago 0.34% < -2% |
| Gross Margin: 44.95% > 18% (prev 49.27%; Δ -4.32% > 0.5%) |
| Asset Turnover: 6.35% > 50% (prev 6.58%; Δ -0.23% > 0%) |
| Interest Coverage Ratio: 0.25 > 6 (EBIT TTM 61.1m / Interest Expense TTM 249.0m) |
| A: -0.57 (Total Current Assets 543.2m - Total Current Liabilities 4.87b) / Total Assets 7.53b |
| B: 0.05 (Retained Earnings 405.6m / Total Assets 7.53b) |
| C: 0.01 (EBIT TTM 61.1m / Avg Total Assets 6.98b) |
| D: 0.09 (Book Value of Equity 611.6m / Total Liabilities 6.92b) |
| Altman-Z'' = -3.44 = D |
As of October 06, 2026, the stock is trading at USD 15.36 with a total of 214,111 shares traded. Over the past week, the price has changed by +1.65%, over one month by -10.96%, over three months by -19.13% and over the past year by -13.48%.
Current recommended Stop Loss: 14.80 (which is 3.6% or 1.3 ATR below the current price).
Northpointe Bancshares has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold NPB.
- StrongBuy: 0
- Buy: 2
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 20.4 | 32.7% |
P/E Trailing = 6.2924
P/S = 1.9963
P/B = 0.878
Revenue TTM = 443.1m USD
EBIT TTM = 61.1m USD
EBITDA TTM = 64.1m USD
Long Term Debt = 1.63b USD (from longTermDebt, last quarter)
Short Term Debt = 420.0m USD (from shortTermDebt, last fiscal year)
Debt = 1.63b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.09b USD (calculated: Debt 1.63b - CCE 543.2m)
Enterprise Value = 1.60b USD (513.5m + Debt 1.63b - CCE 543.2m)
Interest Coverage Ratio = 0.25 (Ebit TTM 61.1m / Interest Expense TTM 249.0m)
EV/FCF = 15.64x (Enterprise Value 1.60b / FCF TTM 102.3m)
FCF Yield = 6.39% (FCF TTM 102.3m / Enterprise Value 1.60b)
FCF Margin = 23.08% (FCF TTM 102.3m / Revenue TTM 443.1m)
Net Margin = 20.25% (Net Income TTM 89.7m / Revenue TTM 443.1m)
Gross Margin = 44.95% ((Revenue TTM 443.1m - Cost of Revenue TTM 243.9m) / Revenue TTM)
Gross Margin QoQ = 8.83% (prev 51.72%)
Tobins Q-Ratio = 0.21 (Enterprise Value 1.60b / Total Assets 7.53b)
Interest Expense / Debt = 15.28% (Interest Expense 249.0m / Debt 1.63b)
Taxrate = 24.90% (29.7m / 119.5m)
NOPAT = 45.9m (EBIT 61.1m * (1 - 24.90%))
Current Ratio = 0.11 (Total Current Assets 543.2m / Total Current Liabilities 4.87b)
Debt / Equity = 2.66 (Debt 1.63b / totalStockholderEquity, last quarter 611.6m)
Debt / EBITDA = 16.94 (Net Debt 1.09b / EBITDA 64.1m)
Debt / FCF = 10.62 (Net Debt 1.09b / FCF TTM 102.3m)
Total Stockholder Equity = 598.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.29% (Net Income 89.7m / Total Assets 7.53b)
RoE = 14.99% (Net Income TTM 89.7m / Total Stockholder Equity 598.6m)
RoCE = 2.74% (EBIT 61.1m / Capital Employed (Equity 598.6m + L.T.Debt 1.63b))
RoIC = 1.50% (NOPAT 45.9m / Invested Capital 3.06b)
WACC = 10.81% (E(513.5m)/V(2.14b) * Re(8.69%) + D(1.63b)/V(2.14b) * Rd(15.28%) * (1-Tc(0.25)))
Discount Rate = 8.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 31.49 | Cagr: 1.32%
[DCF] Terminal Value 70.45% ; FCFF base≈75.7m ; Y1≈86.8m ; Y5≈127.7m
[DCF] Fair Price = 7.30 (EV 1.34b - Net Debt 1.09b = Equity 252.4m / Shares 34.6m; r=10.81% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -2.13 | # QB: -1
Revenue Correlation: 97.02 | Revenue CAGR: 14.02% | SUE: N/A | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.62 | Chg30d=-11.84% | Revisions=-50% | Analysts=3
EPS current Year (2026-12-31): EPS=2.47 | Chg30d=-8.53% | Revisions=-50% | GrowthEPS=+16.9% | GrowthRev=+6.9%
EPS next Year (2027-12-31): EPS=2.74 | Chg30d=-8.04% | Revisions=-50% | GrowthEPS=+11.2% | GrowthRev=+9.3%
[Analyst] Revisions Ratio: -75% (up=0, down=9)