Management has maintained a disciplined capital buffer with an equity-to-assets ratio of 0.08 as of 2026Q1, despite the rapid growth of the balance sheet to $7.4 billion in total assets.
| Cash & Short Term Investments | 1.57B | 496.46M | 1.27B | 2.28B | 3.45B | 670.96M | 732.49M |
| Cash & Due from Banks | 487.62M | 496.46M | 498.25M | 2.14B | 3.21B | 552.8M | 727.66M |
| Short Term Investments | 0 | 0 | 767.38M | 143.22M | 239.99M | 118.16M | 4.82M |
| Total Investments | 6.79B | 6.33B | 992.36M | 155.3M | 270.84M | 173.4M | 106.48M |
| Investments Growth % | 9210.61% | 537.51% | 538.99% | -42.66% | 56.19% | 62.85% | - |
| Long-Term Investments | 19.37B | 6.33B | 224.98M | 12.08M | 30.85M | 55.24M | 101.66M |
| Accounts Receivables | 0 | 0 | 0 | 0 | 0 | 5.19M | 54.72M |
| Goodwill & Intangibles | 1.37M | 18.56M | 17.23M | 118.11M | 281.45M | 44.28M | 43.28M |
| Goodwill | 0 | 0 | 0 | 0 | 162.57M | 25.51M | 24.86M |
| Intangible Assets | 1.37M | 18.56M | 17.23M | 118.11M | 118.88M | 18.77M | 18.42M |
| PP&E (Net) | 28.79M | 27.57M | 27.72M | 82.91M | 123.96M | 24.87M | 6.16M |
| Other Assets | 56.79M | 153.84M | 9.96M | 63.2M | 10.91M | 4.18M | 307.35K |
| Total Current Assets | 514.12M | 496.46M | 1.29B | 2.34B | 3.63B | 750.18M | 817.1M |
| Total Non-Current Assets | 6.89B | 6.53B | 262.67M | 276.3M | 447.18M | 128.56M | 151.4M |
| Total Assets | 7.4B | 7.02B | 1.55B | 2.61B | 4.07B | 878.74M | 968.5M |
| Asset Growth % | 6545.67% | 352.4% | -40.59% | -35.86% | 363.57% | -9.27% | - |
| Return on Assets (ROA) | 1.65% | 1.95% | 2.65% | 1.01% | 0.94% | -6.22% | 1.14% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 1.75B | 1.54B | 28.33M | 133.87M | 74.98M | 17.64M | 2.08M |
| Net Debt | 1.26B | 1.04B | -469.92M | -2.01B | -3.14B | -535.16M | -725.58M |
| Long-Term Debt | 1.32B | 1.54B | 0 | 58.91M | 0 | 0 | 0 |
| Short-Term Debt | 425M | 420M | 0 | 29.97M | 18.96M | 0 | 1.23M |
| Other Liabilities | 5.05B | 43.91M | 520 | 400.99M | 373.52M | 15.2M | 19.11M |
| Total Current Liabilities | 425M | 4.87B | 61.71M | 411.81M | 758.14M | 97.9M | 88.1M |
| Total Non-Current Liabilities | 6.39B | 1.58B | 22.38M | 483M | 405.58M | 65.52M | 19.96M |
| Total Liabilities | 6.81B | 6.45B | 84.08M | 894.81M | 1.16B | 163.42M | 108.05M |
| Total Equity | 589.99M | 569.04M | 1.47B | 1.72B | 2.91B | 715.33M | 860.45M |
| Equity Growth % | 233.83% | -61.24% | -14.54% | -40.95% | 306.78% | -16.87% | - |
| Equity / Assets (Capital Ratio) | 7.97% | 8.1% | 94.58% | 65.75% | 71.43% | 81.4% | 88.84% |
| Return on Equity (ROE) | 17.85% | 8.19% | 3.46% | 1.46% | 1.28% | -7.29% | 1.28% |
| Book Value per Share | 38.48 | 38.65 | 98.43 | 115.18 | 195.06 | 21.66 | 28.95 |
| Tangible BV per Share | 38.40 | 37.39 | 97.27 | 107.26 | 176.20 | 20.32 | 27.49 |
| Common Stock | 0 | 0 | 138.68K | 133K | 131.99K | 19.77K | 17.43K |
| Additional Paid-in Capital | 204.88M | 204.88M | 10.66B | 9.8B | 9.58B | 1.43B | 1.18B |
| Retained Earnings | 385.21M | 364.37M | -9.39B | -8.33B | -6.86B | -683.21M | -309.38M |
| Accumulated OCI | -88K | -199K | 243.67M | 298.29M | 213.79M | -29.26M | -7.77M |
| Treasury Stock | 0 | 0 | -45.44M | -56.8M | -21.25M | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Mortgage warehouse asset concentration
As reported in recent financial statements, Northpointe Bancshares grew total assets from $2.6 billion in 2023Q4 to $7.4 billion by 2026Q1, a trajectory that suggests the bank is aggressively scaling its mortgage warehouse program to capture market share in the secondary mortgage market.
The shift in asset composition toward a $6.8 billion investment securities portfolio by 2026Q1 indicates a strategic pivot toward high-velocity, short-duration assets. This rapid growth warrants investigation into whether the bank's operational infrastructure can sustain such velocity without compromising the quality of its underwriting standards.
Based on the provided quarterly data, the bank's equity-to-assets ratio has stabilized at approximately 0.08 as of 2026Q1, which suggests that management is maintaining a disciplined capital buffer despite the significant expansion of the underlying balance sheet over the last ten quarters.
While the 0.08 ratio appears adequate for a bank of this profile, the volatility in equity-to-assets observed in 2025 suggests that capital levels are sensitive to the timing of mortgage-related asset deployments. Investors should monitor whether this capital cushion remains sufficient if the mortgage warehouse program experiences a period of sustained, high-volume stress.
According to the bank's balance sheet filings, cash and cash equivalents stood at $487.6 million in 2026Q1, a figure that appears to be managed tightly against the bank's $6.8 billion investment securities portfolio to ensure immediate liquidity for mortgage warehouse funding requirements.
The bank's reliance on liquid securities rather than traditional cash holdings suggests a strategy designed to optimize yield while maintaining the ability to fund mortgage originators on demand. This liquidity structure may be vulnerable to sudden market dislocations that could impact the fair value of the securities portfolio.
As indicated by the financial data, the bank's concentration in investment securities, which reached $6.8 billion in 2026Q1, suggests a potential duration mismatch or valuation risk that may not be fully captured by traditional credit metrics like the loan loss provision.
The bank's business model appears to treat these securities as a liquidity utility, but any significant shift in interest rates could lead to unrealized losses that might impair the bank's capital position. Analysts should scrutinize the composition of this portfolio to determine if it consists primarily of high-quality, short-duration mortgage-backed assets or if there is hidden duration risk.
Quick answers to the most common questions about buying NPB stock.
As of 2025, Northpointe Bancshares, Inc. (NPB) had total assets of $7.02B including $496.5M in current assets.
Northpointe Bancshares, Inc. (NPB) carries total debt of $1.54B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Northpointe Bancshares, Inc. (NPB) has total shareholders' equity (book value) of $569.0M ($38.65 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Northpointe Bancshares, Inc. (NPB) reported a current ratio of 0.10x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.