NYSE : NPB
Northpointe Bancshares, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 16.18 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 559.53M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Interest Income on Loans | 397.98M | 351.24M | 285.49M | 237.40M | 156.70M |
| Interest Income on Investments | 27.45M | 28.97M | 32.04M | 29.99M | 9.42M |
| Total Interest Income | 425.43M | 380.20M | 317.53M | 267.38M | 166.12M |
| Interest Paid on Deposits | 191.26M | 176.74M | 151.12M | 123.91M | 40.05M |
| Interest Paid on Borrowings | 63.32M | 52.73M | 52.19M | 42.26M | 26.63M |
| Total Interest Expense | 254.58M | 229.47M | 203.32M | 166.16M | 66.69M |
| Net Interest Income | 170.85M | 150.74M | 114.22M | 101.22M | 99.44M |
| Mortgage Banking Activities | 8.54M | 6.02M | 5.42M | 3.58M | 3.66M |
| Gain (Loss) on Sale of Assets | -5.57M | ||||
| Gain (Loss) on Sale of Investments | -170.00K | ||||
| Other Non-Interest Income | 12.10M | 4.82M | 7.26M | 10.84M | 86.52M |
| Total Non-Interest Income | 75.89M | 88.93M | 71.18M | 95.07M | 158.12M |
| Revenues Before Loan Losses | 246.74M | 239.67M | 185.40M | 196.29M | 257.56M |
| Provision for Loan Losses | 2.00K | 2.10M | -328.00K | -1.49M | 2.22M |
| Revenue | 246.74M | 237.57M | 185.72M | 197.77M | 255.34M |
| Salaries and Employee Benefits | 89.85M | 85.57M | 77.79M | 104.29M | 159.88M |
| Occupancy Expenses | 1.64M | 2.05M | 3.35M | 6.19M | 6.64M |
| Selling, General & Administrative | 21.43M | 20.96M | 14.20M | 16.72M | 22.95M |
| Other Non-Interest Expense | 26.56M | 20.65M | 19.25M | 25.89M | 32.18M |
| Total Non-Interest Expense | 139.48M | 129.23M | 114.59M | 153.08M | 221.65M |
| EBT Excluding Unusual Items | 107.26M | 108.34M | 71.13M | 44.69M | 33.69M |
| Other Unusual Items | 2.05M | 2.05M | 1.74M | ||
| Pretax Income | 109.31M | 110.39M | 72.88M | 44.69M | 33.69M |
| Income Tax Expense | 27.39M | 26.98M | 17.72M | 10.93M | 10.46M |
| Net Income | 81.92M | 83.41M | 55.16M | 33.76M | 23.24M |
| Preferred Dividends & Other Adjustments | 6.61M | 11.79M | 8.00M | 9.65M | 9.66M |
| Net Income to Common | 75.31M | 71.62M | 47.16M | 24.11M | 13.58M |
| Basic Shares Outstanding | 34.72M | 33.43M | 25.76M | 25.73M | 25.84M |
| Diluted Shares Outstanding | 35.14M | 33.86M | 25.82M | 25.80M | 25.93M |
| EPS (Basic) | 2.17 | 2.14 | 1.83 | 0.94 | 0.53 |
| EPS (Diluted) | 2.14 | 2.11 | 1.83 | 0.93 | 0.52 |
| Dividend Per Share | 0.10 | 0.10 | 0.10 | 0.30 | |
| Effective Tax Rate | 25.05% | 24.44% | 24.31% | 24.45% | 31.03% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 489.90M | 496.46M | 376.30M | 351.89M | 274.23M |
| Investment Securities | 6.14M | 6.08M | 9.88M | 16.05M | 16.20M |
| Total Investments | 6.14M | 6.08M | 9.88M | 16.05M | 16.20M |
| Gross Loans | 6.79B | 6.02B | 4.43B | 3.78B | 3.03B |
| Allowance for Loan Losses | -9.96M | -10.44M | -11.19M | -12.29M | -6.37M |
| Net Loans | 6.78B | 6.01B | 4.42B | 3.77B | 3.02B |
| Property, Plant & Equipment | 26.69M | 28.57M | 28.79M | 31.90M | 29.57M |
| Other Intangible Assets | 1.07M | 1.51M | 2.10M | 4.54M | 5.70M |
| Loans Held for Sale | 173.05M | 309.21M | 217.07M | 352.44M | 790.96M |
| Accrued Interest Receivable | 28.30M | 20.80M | 20.90M | ||
| Other Current Assets | 42.00K | 1.30M | 1.10M | ||
| Other Real Estate Owned & Foreclosed | 1.70M | 3.00M | 24.00K | 550.00K | |
| Other Long-Term Assets | 108.82M | 59.74M | 79.93M | 143.05M | 184.73M |
| Total Assets | 7.67B | 7.02B | 5.22B | 4.76B | 4.40B |
| Accrued Expenses | 389.00K | 390.00K | 528.00K | 900.00K | |
| Interest Bearing Deposits | 5.15B | 4.46B | 3.07B | 2.60B | 2.49B |
| Institutional Deposits | 135.82M | 141.22M | 72.97M | 87.25M | |
| Non-Interest Bearing Deposits | 294.33M | 275.97M | 208.94M | 253.14M | 342.58M |
| Total Deposits | 5.44B | 4.87B | 3.42B | 2.93B | 2.92B |
| Short-Term Borrowings | 17.00M | ||||
| Current Portion of Long-Term Debt | 420.00M | ||||
| Other Current Liabilities | 3.20M | 2.64M | 27.50M | 2.80M | |
| Long-Term Debt | 1.54B | 91.92M | 38.93M | 34.37M | 51.26M |
| Federal Home Loan Bank Debt, Long-Term | 1.00B | 1.26B | 1.27B | 925.00M | |
| Long-Term Leases | 1.01M | 1.50M | 2.50M | ||
| Trust Preferred Securities | 5.00M | 5.00M | 5.00M | 5.00M | 5.00M |
| Long-Term Deferred Tax Liabilities | 5.79M | 3.79M | 3.48M | 24.13M | 28.42M |
| Other Long-Term Liabilities | 47.83M | 39.32M | 28.27M | 33.27M | 48.37M |
| Total Liabilities | 7.04B | 6.45B | 4.76B | 4.33B | 3.98B |
| Additional Paid-In Capital | 206.10M | 204.88M | 166.85M | 180.05M | 180.66M |
| Retained Earnings | 418.69M | 364.37M | 295.97M | 251.38M | 237.33M |
| Comprehensive Income & Other | -107.00K | -199.00K | -324.00K | -801.00K | -686.00K |
| Shareholders' Equity | 624.69M | 569.04M | 462.49M | 430.62M | 417.31M |
| Total Liabilities & Equity | 7.67B | 7.02B | 5.22B | 4.76B | 4.40B |
| Total Debt | 1.54B | 1.54B | 1.30B | 1.32B | 981.25M |
| Net Cash (Debt) | -1.05B | -1.04B | -927.89M | -964.98M | -707.02M |
| Net Cash Per Share | -30.01 | -30.74 | -35.93 | -37.41 | -27.27 |
| Filing Date Shares Outstanding | 34.58M | 34.49M | 34.30M | 25.69M | 25.84M |
| Total Common Shares Outstanding | 34.58M | 34.49M | 25.68M | 25.69M | 25.84M |
| Book Value Per Share | 18.06 | 16.50 | 18.01 | 16.76 | 16.15 |
| Tangible Book Value | 623.62M | 567.53M | 460.39M | 426.08M | 411.61M |
| Tangible Book Value Per Share | 18.03 | 16.45 | 17.92 | 16.59 | 15.93 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | 83.41M | 55.16M | 33.76M | 23.24M | |
| Depreciation & Amortization | 3.07M | 3.80M | 4.02M | 4.02M | |
| Other Amortization | 293.00K | 458.00K | 363.00K | 176.00K | |
| Gain (Loss) on Sale of Assets | -167.00K | 1.57M | 44.00K | 5.55M | |
| Gain (Loss) on Sale of Investments | 1.04M | -3.09M | 2.60M | 14.27M | |
| Total Asset Writedown | 1.47M | 137.00K | |||
| Provision for Credit Losses | 2.15M | 881.00K | -1.49M | 2.22M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 4.41M | 58.55M | 528.28M | 1.43B | |
| Change in Other Net Operating Assets | 26.09M | -21.82M | 2.29M | -9.00M | |
| Other Operating Activities | 1.19M | -20.48M | 12.14M | -50.06M | |
| Operating Cash Flow | 44.29M | 19.81M | 504.17M | 1.35B | |
| Capital Expenditures | -2.77M | -1.05M | -2.81M | -3.39M | |
| Investment in Securities | 4.00M | 6.89M | -5.82M | ||
| Purchase / Sale of Intangibles | -296.00K | 80.84M | -2.72M | 24.30M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -1.62B | -547.18M | -751.98M | -1.20B | |
| Other Investing Activities | -9.06M | 2.03M | 6.04M | 5.40M | |
| Investing Cash Flow | -1.63B | -458.24M | -750.68M | -1.18B | |
| Long-Term Debt Issued | 1.28B | 379.11M | 350.00M | 1.26B | |
| Long-Term Debt Repaid | -1.05B | -389.51M | -17.25M | -1.59B | |
| Net Debt Issued (Repaid) | 235.49M | -10.40M | 332.75M | -322.00M | |
| Issuance of Common Stock | 116.62M | 155.00K | 243.00K | ||
| Repurchase of Common Stock | -770.00K | -616.00K | -1.50M | ||
| Preferred Share Repurchases | -82.17M | -11.57M | |||
| Common Dividends Paid | -3.22M | -2.57M | -2.57M | -7.75M | |
| Preferred Dividends Paid | -8.21M | -9.01M | -9.65M | -9.66M | |
| Total Dividends Paid | -11.43M | -11.58M | -12.22M | -17.41M | |
| Net Increase (Decrease) in Deposit Accounts | 1.45B | 497.00M | 4.26M | -14.09M | |
| Financing Cash Flow | 1.71B | 462.83M | 324.17M | -354.76M | |
| Net Cash Flow | 120.16M | 24.41M | 77.66M | -178.37M | |
| Free Cash Flow | 41.53M | 18.76M | 501.36M | 1.35B | |
| Free Cash Flow Margin | 17.48% | 10.10% | 253.50% | 528.02% | |
| Free Cash Flow Per Share | 1.23 | 0.73 | 19.44 | 52.00 | |
| Cash Interest Paid | 220.95M | 202.36M | 164.20M | 63.51M | |
| Cash Income Tax Paid | 28.80M | 43.35M | 3.27M | 2.27M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 549.51M | 576.64M | |||
| Last Close Price | 15.89 | 16.68 | |||
| PE Ratio | 7.42 | 8.05 | |||
| PS Ratio | 2.23 | 2.43 | |||
| PB Ratio | 0.88 | 1.01 | |||
| P/FCF Ratio | 5.40 | 13.89 | |||
| P/OCF Ratio | 5.30 | 13.02 | |||
| Debt / Equity Ratio | 2.47 | 2.70 | 2.82 | 3.06 | 2.35 |
| Debt / FCF Ratio | 37.02 | 69.53 | 2.63 | 0.73 | |
| Net Debt / Equity Ratio | 1.69 | 1.83 | 2.01 | 2.24 | 1.69 |
| Net Debt / FCF Ratio | 25.07 | 49.47 | 1.93 | 0.52 | |
| Return on Equity (ROE) | 13.13% | 16.17% | 12.35% | 7.96% | |
| Return on Assets (ROA) | 1.13% | 1.36% | 1.10% | 0.74% | |
| Earnings Yield | 13.47% | 14.46% | |||
| FCF Yield | 18.53% | 7.20% | |||
| Dividend Yield | 0.76% | 0.60% | |||
| Payout Ratio | 4.91% | 13.71% | 20.99% | 36.20% | 74.92% |
| Buyback Yield / Dilution | -10.65% | -31.14% | -0.10% | 0.51% | |
| Total Shareholder Return | -9.89% | -30.54% | -0.10% | 0.51% |