Northpointe Bancshares, Inc. (NPB) To Go Ex-Dividend on April 15th

Northpointe Bancshares, Inc. (NYSE:NPB) announced a quarterly dividend on Wednesday, April 8th. Stockholders of record on Wednesday, April 15th will be paid a dividend of 0.025 per share on Monday, May 4th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, April 15th.

Northpointe Bancshares Price Performance

Shares of NPB opened at $18.59 on Monday. The company has a 50 day moving average price of $17.58 and a 200-day moving average price of $17.30. Northpointe Bancshares has a fifty-two week low of $11.43 and a fifty-two week high of $19.48. The stock has a market capitalization of $641.35 million, a PE ratio of 8.90 and a beta of 0.23. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.34 and a current ratio of 1.40.

Northpointe Bancshares (NYSE:NPB) last announced its quarterly earnings results on Tuesday, January 20th. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.08). Northpointe Bancshares had a return on equity of 14.00% and a net margin of 17.70%.The business had revenue of $65.14 million during the quarter, compared to analysts’ expectations of $64.70 million.

Wall Street Analyst Weigh In

Several research firms recently commented on NPB. Piper Sandler boosted their price objective on shares of Northpointe Bancshares from $19.50 to $20.00 and gave the stock an “overweight” rating in a research note on Monday, December 22nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Northpointe Bancshares in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $19.63.

Northpointe Bancshares Company Profile

Northpointe Bancshares, Inc is the bank holding company for Northpointe Bank, an FDIC-insured community bank based in Michigan. The company offers a full range of commercial and consumer banking solutions, serving retail, small business and corporate clients through both a physical branch network and digital platforms.

Northpointe Bank’s product suite includes interest-bearing checking and savings accounts, money market and certificate of deposit offerings, as well as residential mortgage lending, home equity financing and unsecured consumer loans.