Northpointe Bancshares, Inc. (NYSE:NPB – Get Free Report) Director Carrie Boer bought 12,000 shares of Northpointe Bancshares stock in a transaction dated Friday, October 23rd. The stock was acquired at an average cost of $15.40 per share, with a total value of $184,800.00. Following the transaction, the director owned 12,000 shares of the company’s stock, valued at $184,800. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Northpointe Bancshares Stock Performance
NPB stock opened at $15.72 on Wednesday. Northpointe Bancshares, Inc. has a 52 week low of $13.80 and a 52 week high of $19.71. The company has a market capitalization of $543.63 million, a PE ratio of 7.38 and a beta of 0.16. The company’s 50-day simple moving average is $16.18 and its 200 day simple moving average is $17.37.
Northpointe Bancshares (NYSE:NPB – Get Free Report) last issued its quarterly earnings data on Tuesday, October 20th. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.21). The business had revenue of $55.92 million for the quarter. On average, analysts forecast that Northpointe Bancshares, Inc. will post 1.80 EPS for the current year.
Northpointe Bancshares Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, October 15th. This is a boost from Northpointe Bancshares’s previous quarterly dividend of $0.0250. Northpointe Bancshares’s dividend payout ratio (DPR) is currently 5.63%.
Institutional Investors Weigh In On Northpointe Bancshares
Large investors have recently bought and sold shares of the company. Mendon Capital Advisors Corp increased its holdings in Northpointe Bancshares by 86.4% in the 1st quarter. Mendon Capital Advisors Corp now owns 308,624 shares of the company’s stock valued at $5,327,000 after buying an additional 143,010 shares during the period. Bank of America Corp DE raised its position in shares of Northpointe Bancshares by 126.9% in the 1st quarter. Bank of America Corp DE now owns 215,544 shares of the company’s stock valued at $3,720,000 after buying an additional 120,554 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Northpointe Bancshares during the 2nd quarter worth approximately $1,756,000. Segall Bryant & Hamill LLC bought a new stake in shares of Northpointe Bancshares during the 1st quarter worth approximately $1,515,000. Finally, Rockefeller Capital Management L.P. bought a new stake in shares of Northpointe Bancshares during the 4th quarter worth approximately $965,000.
Key Stories Impacting Northpointe Bancshares
Here are the key news stories impacting Northpointe Bancshares this week:
- Positive Sentiment: $30 million share-buyback program: Northpointe Bancshares authorized a common-stock repurchase program beginning in October 2026. At the company’s roughly $544 million market capitalization, the authorization represents approximately 5.5% of its equity value and could support earnings per share and shareholder returns by reducing the share count. Northpointe Bancshares announces an Equity Buyback
- Positive Sentiment: Broad insider buying: CEO Charles Williams purchased 100,000 shares across October 23 and October 26 for approximately $1.54 million, increasing his holdings by roughly 4%. Director Carrie L. Boer bought 12,000 shares, while COO Joseph B. Long acquired 3,240 shares. The purchases, all near $15.32–$15.42 per share, provide a positive confidence signal from senior leadership. SEC insider transaction filing
- Neutral Sentiment: Valuation may have encouraged the buying: NPB trades at a reported P/E ratio of about 7.4, and the repurchases and insider purchases come while the stock remains below its 50-day and 200-day moving averages. Buybacks can be supportive, but their effect depends on execution and the company’s future earnings.
- Negative Sentiment: Recent earnings weakness remains a headwind: Northpointe’s latest quarterly earnings per share of $0.39 missed the consensus estimate of $0.60, which could limit enthusiasm unless profitability improves. Analysts currently expect approximately $1.80 in full-year EPS.
Wall Street Analysts Forecast Growth
NPB has been the subject of a number of analyst reports. Zacks Research upgraded shares of Northpointe Bancshares from a “strong sell” rating to a “hold” rating in a research report on Monday, October 5th. Keefe, Bruyette & Woods reduced their price target on Northpointe Bancshares from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Thursday, July 23rd. Piper Sandler reduced their price target on Northpointe Bancshares from $20.00 to $19.50 and set an “overweight” rating on the stock in a research report on Thursday, October 22nd. Finally, Weiss Ratings upgraded Northpointe Bancshares from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, September 9th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $20.25.
View Our Latest Analysis on Northpointe Bancshares
About Northpointe Bancshares
Northpointe Bancshares, Inc is a bank holding company headquartered in Grand Rapids, Michigan. It operates through Northpointe Bank, a financial institution focused on providing banking products and lending services to individuals, families, and businesses.
Northpointe Bank offers residential mortgage loans, including home purchase and refinancing products, as well as consumer deposit accounts such as checking, savings, and certificates of deposit. The bank also provides commercial banking services and business loans, serving customers through a combination of digital banking capabilities and banking offices.
Founded in 1999, Northpointe Bank serves customers across the United States, with a particular emphasis on mortgage lending and relationship-based banking.
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