Northpointe Bancshares (NPB) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Northpointe Bancshares

NYSE•Financial Services•Banks - Regional

$17.28+0.07(<0.01%)Market closed

Market Cap

$579.82M

P/E

6.5x

P/S

1.1x

P/B

0.9x

Northpointe Bancshares, Inc. operates as the bank holding company for Northpointe Bank provides various banking products and services in the United States. It operates through two segments: Mortgage Purchase Program and Retail Banking. The company offers digital deposit banking, such as noninterest-bearing accounts, savings, money-market demand accounts, and certificates of deposits; personal and business banking; and health saving accounts; home loans; mortgage purchase program; residential mortgage lending; and custodial deposit services. Northpointe Bancshares, Inc. was incorporated in 1998 and is headquartered in Grand Rapids, Michigan.

How this company scores

WeakMetricSide Score: 53/100

Grade capped at D — Interest coverage below 1× (0.4x) — earnings cannot cover interest. Strongest: Profitability (20/25); weakest: Balance Sheet & Red Flags (5/25).

Profitability20/25

Growth16/25

Balance Sheet & Red Flags5/25

Cash & Earnings Quality12/25

Strengths

Strong marginsRising earningsProfit converts from growthConsistent growth

Grade capped at D

Interest coverage below 1× (0.4x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 6.5x5y range 5.2x – 7.0x

Currently near its 4-quarter median.

P/S · 1.1x5y range 0.8x – 1.2x

Currently near its 4-quarter median.

P/B · 0.9x5y range 0.7x – 1.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Leverage Risk

Watch

D/E ratio of 2.3 is elevated and rising. Watch for further debt accumulation.

Price & Volume

Market Cap $579.82M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $506.21M
Q. Revenue: $128.93M
TTM EBITDA: $122.44M
TTM Op. Income: $119.46M
Q. Op. Income: $28.89M
TTM Net Income: $89.72M
Q. Net Income: $21.75M
EPS: $0.61
Shares Out.: $34.74M

$506.21M in TTM revenue grew from zero YoY, reaching $128.93M last quarter. TTM EBITDA of $122.44M and TTM operating income of $119.46M show growth is flowing through to the bottom line. TTM net income of $89.72M means revenue is converting into profit. Across the last 7 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 49.9%
EBITDA Margin: 23.0%
Op. Margin: 22.4%
Net Margin: 16.9%

Op. margin of 22.4% is down 0.7% YoY — costs are rising relative to revenue. Net margin at 16.9% and gross margin of 49.9% show how much of each revenue dollar survives to profit. Across the last 7 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 6.5x
P/S Ratio: 1.1x
P/B Ratio: 0.9x

At 6.5x P/E, the stock trades below typical market levels. P/S of 1.1x and P/B of 0.9x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 4 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $7.53B
Cash: $538.36M
Long-Term Debt: $1.43B
Book Value: $611.65M
D/E Ratio: 2.3
Debt/EBITDA: 48.2

With $7.53B in assets and $1.43B in long-term debt, D/E is 2.3and book value is $611.65M — elevated leverage, meaning significant financial risk in a downturn. Across the last 7 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $3.86M
TTM Free Cash Flow: $101.84M
FCF Margin: 20.1%
FCF / Net Income: 1.1

TTM FCF of $101.84M on $3.86M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 0% — an improving trend.