Northpointe Bancshares, Inc. (NPB) 10-Year Financial Performance & Capital Metrics

NPB • • Banking & Credit

Financial ServicesRegional BanksDigital & Specialized BankingDigital Banking Platforms

AboutNorthpointe 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.Show more

Net Interest Income $55M +659.1%
Total Revenue $0 -100.0%
Net Income -$162M +88.9%
Return on Equity -10.18% +83.9%
Net Interest Margin 3.52% +1177.7%
Efficiency Ratio -
ROA -7.79% +82.2%
Equity / Assets 94.58% +43.8%
Book Value per Share 18.09 -12.4%
Tangible BV/Share 18.09 -5.9%
Debt/Equity 0.02 -75.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong NIM of 3.5%
✓Well capitalized: 94.6% equity/assets
✓Share count reduced 2.5% through buybacks
✓Trading near 52-week high
✓Trading at only 1.0x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-32.84%

EPS CAGR

10Y-

5Y-

3Y-

TTM117.56%

ROCE

10Y Avg-53.78%

5Y Avg-53.78%

3Y Avg-12.41%

Latest-20.33%

Peer Comparison

Digital Banking Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GWREGuidewire Software, Inc.	14.12B	166.09	205.05	22.64%	7.23%	6%	2.09%	0.49
DAVEDave Inc.	2.34B	192.06	45.84	33.96%	29.87%	50.37%	5.33%	0.41
INTUIntuit Inc.	154.33B	554.58	40.57	15.63%	21.19%	21.31%	3.94%	0.34
CCBCoastal Financial Corporation	1.72B	113.69	34.98	30.92%	7.84%	10.04%	14.54%	0.12
SPNSSapiens International Corporation N.V.	2.43B	43.45	33.68	5.4%	11.4%	12.2%	2.97%	0.13
SSNCSS&C Technologies Holdings, Inc.	21B	86.05	28.68	6.89%	13.86%	12.2%	6.32%	1.09
TBBKThe Bancorp, Inc.	3.09B	70.39	16.41	16.11%	30.63%	29.28%	7.2%	0.16
CWANClearwater Analytics Holdings, Inc.	6.98B	24.19	14.40	22.72%	61.25%	19.6%	0.99%	0.07

Profit & Loss

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	3.56M	21.33M	99.44M	7.2M	54.64M
NII Growth %	-	4.99%	3.66%	-0.93%	6.59%
Net Interest Margin %	-	-	-	-	-
Interest Income	3.71M	21.33M	166.12M	7.3M	54.64M
Interest Expense	146.48K	0	66.69M	101.85K	0
Loan Loss Provision	-146.48K	46.43M	2.22M	-101.85K	0
Non-Interest Income+	1.54B	66.69M	158.12M	-2.81M	-54.64M
Non-Interest Income %	-	-	-	-	-
Total Revenue+	1.54B	88.03M	324.24M	4.49M	0
Revenue Growth %	-	-0.94%	2.68%	-0.99%	-1%
Non-Interest Expense	1.39B	2.11B	221.65M	515.65M	375.36M
Efficiency Ratio	-	-	-	-	-
Operating Income+	155.57M	-2.07B	33.69M	-511.16M	-375.36M
Operating Margin %	-	-	-	-	-
Operating Income Growth %	-	-14.31%	1.02%	-16.17%	0.27%
Pretax Income+	483.15M	-2.33B	33.69M	-1.47B	-362.73M
Pretax Margin %	-	-	-	-	-
Income Tax+	12.23M	-494.81K	10.46M	-1.26B	0
Effective Tax Rate %	-	-	-	-	-
Net Income+	470.92M	-2.33B	23.24M	-1.47B	-162.26M
Net Margin %	-	-	-	-	-
Net Income Growth %	-	-5.95%	1.01%	-64.07%	0.89%
Net Income (Continuing)	470.92M	-2.33B	23.24M	-206.77M	-362.73M
EPS (Diluted)+	6.90	-30.68	-30.38	-17.62	-4.46
EPS Growth %	-	-5.45%	0.01%	0.42%	0.75%
EPS (Basic)	8.07	-30.70	-30.38	-17.62	-4.46
Diluted Shares Outstanding	68.36M	75.96M	82.52M	83.23M	81.19M

Balance Sheet

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	727.66M	552.8M	3.21B	2.14B	498.25M
Short Term Investments	1000K	1000K	1000K	1000K	1000K
Total Investments+	106.48M	173.4M	270.84M	155.3M	992.36M
Investments Growth %	-	0.63%	0.56%	-0.43%	5.39%
Long-Term Investments	101.66M	55.24M	30.85M	12.08M	224.98M
Accounts Receivables	1000K	1000K	0	0	0
Goodwill & Intangibles+	-	-	-	-	-
Goodwill	24.86M	25.51M	162.57M	0	0
Intangible Assets	18.42M	18.77M	118.88M	118.11M	0
PP&E (Net)	6.16M	24.87M	123.96M	82.91M	27.72M
Other Assets	307.35K	4.18M	10.91M	63.2M	9.96M
Total Current Assets	817.1M	750.18M	3.63B	2.34B	1.29B
Total Non-Current Assets	151.4M	128.56M	447.18M	276.3M	262.67M
Total Assets+	968.5M	878.74M	4.07B	2.61B	1.55B
Asset Growth %	-	-0.09%	3.64%	-0.36%	-0.41%
Return on Assets (ROA)	0.49%	-2.52%	0.01%	-0.44%	-0.08%
Accounts Payable	0	0	0	0	0
Total Debt+	2.08M	17.64M	74.98M	133.87M	28.33M
Net Debt	-725.58M	-535.16M	-3.14B	-2.01B	-469.92M
Long-Term Debt	0	0	0	58.91M	0
Short-Term Debt	1.23M	0	18.96M	29.97M	0
Other Liabilities	19.11M	15.2M	373.52M	400.99M	520
Total Current Liabilities	88.1M	97.9M	758.14M	411.81M	61.71M
Total Non-Current Liabilities	19.96M	65.52M	405.58M	483M	22.38M
Total Liabilities	108.05M	163.42M	1.16B	894.81M	84.08M
Total Equity+	860.45M	715.33M	2.91B	1.72B	1.47B
Equity Growth %	-	-0.17%	3.07%	-0.41%	-0.15%
Equity / Assets (Capital Ratio)	-	-	-	-	-
Return on Equity (ROE)	0.55%	-2.96%	0.01%	-0.63%	-0.1%
Book Value per Share	12.59	9.42	35.26	20.64	18.09
Tangible BV per Share	-	-	-	-	-
Common Stock	17.43K	19.77K	131.99K	133K	138.68K
Additional Paid-in Capital	1.18B	1.43B	9.58B	9.8B	10.66B
Retained Earnings	-309.38M	-683.21M	-6.86B	-8.33B	-9.39B
Accumulated OCI	-7.77M	-29.26M	213.79M	298.29M	243.67M
Treasury Stock	0	0	-21.25M	-56.8M	-45.44M
Preferred Stock	0	0	0	0	0

Cash Flow

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	433.56M	-973.09M	-1.1B	504.17M	19.81M
Operating CF Growth %	-	-3.24%	-0.13%	1.46%	-0.96%
Net Income	470.92M	-2.33B	-2.51B	33.76M	55.16M
Depreciation & Amortization	23.14M	34.14M	63.82M	4.02M	3.8M
Deferred Taxes	0	0	0	-1.88M	-20.83M
Other Non-Cash Items	-313.31M	321.18M	431.48M	465.98M	3.5M
Working Capital Changes	-240.64M	394.52M	552.06M	2.29M	-21.82M
Cash from Investing+	-201.9M	-727.21M	458.38M	-750.68M	-458.24M
Purchase of Investments	-2.49B	-10.17B	-7.41B	0	-4M
Sale/Maturity of Investments	1000K	1000K	1000K	0	1000K
Net Investment Activity	-	-	-	-	-
Acquisitions	-257.65M	-6M	0	0	0
Other Investing	52M	0	26K	-747.87M	-464.07M
Cash from Financing+	3.44B	593.92M	42.36M	324.17M	462.83M
Dividends Paid	0	0	0	-12.22M	-11.58M
Share Repurchases	-5.34M	0	-3.08M	-616K	-770K
Stock Issued	543.5M	0	0	0	0
Net Stock Activity	-	-	-	-	-
Debt Issuance (Net)	-1000K	0	1000K	1000K	-1000K
Other Financing	2.91B	593.92M	60.86M	4.26M	497.15M
Net Change in Cash+	3.57B	-1.24B	-212.86M	77.66M	24.41M
Exchange Rate Effect	-1000K	-1000K	1000K	0	0
Cash at Beginning	1.19B	4.76B	3.52B	274.23M	351.89M
Cash at End	4.76B	3.52B	3.31B	351.89M	376.3M
Interest Paid	0	0	710.39K	164.2M	202.36M
Income Taxes Paid	0	1.42M	103K	3.27M	43.35M
Free Cash Flow+	425.55M	-1B	-1.15B	498.64M	18.76M
FCF Growth %	-	-3.36%	-0.15%	1.43%	-0.96%

Banking Ratios

Metric	2020	2021	2022	2023	2024
Return on Equity (ROE)	54.73%	-295.92%	1.28%	-63.34%	-10.18%
Return on Assets (ROA)	48.62%	-252.43%	0.94%	-43.84%	-7.79%
Net Interest Margin	0.37%	2.43%	2.44%	0.28%	3.52%
Efficiency Ratio	89.92%	2400.31%	68.36%	11495.09%	-
Equity / Assets	88.84%	81.4%	71.43%	65.75%	94.58%
Book Value / Share	12.59	9.42	35.26	20.64	18.09
NII Growth	-	498.92%	366.12%	-92.76%	659.05%

Revenue by Segment

	2020	2021	2022	2023
Licensing and Collaboration	-	40.12M	-249.66M	16.81M
Licensing and Collaboration Growth	-	-	-722.37%	106.73%
Supply Of Investigational Products	-	47.91M	28.1M	10.83M
Supply Of Investigational Products Growth	-	-	-41.35%	-61.46%
Grant	10M	-	-	-
Grant Growth	-	-	-	-

Frequently Asked Questions

Growth & Financials

Northpointe Bancshares, Inc. (NPB) saw revenue decline by 100.0% over the past year.

Yes, Northpointe Bancshares, Inc. (NPB) is profitable, generating $4.5M in net income for fiscal year 2024.

Dividend & Returns

Yes, Northpointe Bancshares, Inc. (NPB) pays a dividend with a yield of 0.17%. This makes it attractive for income-focused investors.

Northpointe Bancshares, Inc. (NPB) has a return on equity (ROE) of -10.2%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Northpointe Bancshares, Inc. (NPB) has a net interest margin (NIM) of 3.5%. This indicates healthy earnings from lending activities.

Northpointe Bancshares, Inc. (NPB) has an efficiency ratio of 0.0%. This is excellent, indicating strong cost control.

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