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Northpointe Bancshares

NPB on NYSE. Northpointe Bancshares sells mortgages and deposit accounts to customers nationwide. Market value $531m.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to June 2026. Some use the latest annual report instead, as marked. Quality checks use five annual reports, the latest for the year to December 2025.

We can't read total debt from the filing, so debt is left out.

Should I look at this?

Not a fit for our list right now

Why it could be worth it

What to watch out for

See Financial services stocks that passed both tests

This is not advice. Check the numbers below.

Compare with another stock

Return on equity
five annual reports to December 2025
Not reported

We don't have this figure for this company.

Price to book
quarterly report to June 2026
0.9×

What you pay for each dollar of net assets: $0.88.

Earnings yield
past 12 months to June 2026
16.7%

Profit per $100 you pay: $16.68.

Quality score: not known. Price score: 100 of 100. Our list needs 70 on quality and 60 on price.

$15.55 a share, 9% above its 1-year low

Over the past year the price has ranged from $14.20 to $19.71.

Dividend: 0.6% a year

Paid every year for 2 years

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

n/a
n/a
20242025
Revenue
n/an/a
Operating margin
n/an/a
Debt to equity
n/an/a
Shares outstanding
0.03bn0.03bn

Health checks

  • Free cash flow positiveDoesn't apply to banks and insurers
  • Accounting checksDoesn't apply to banks and insurers
  • DebtDoesn't apply to banks and insurers
  • Revenue growth, five yearsUnknown
  • Buying back its own sharesRoughly flat

The quarter to June 2026

How the business did, compared with the same quarter a year earlier.

  • Profit: $22 million, up 7% on a year ago.
  • Spare cash over the past 12 months: $102 million, up from $35 million.
  • 1% more shares than a year ago. Each share owns a bit less of the company.
Profit by quarter
Profit by quarter
Quarter toAmount
December 2024Not reported
March 2025$17m
June 2025$20m
September 2025$22m
December 2025$24m
March 2026$22m
June 2026$22m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
n/a
Last annual report (10-K)
27 March 2026
Next quarterly (estimated, 10-Q)
12 November 2026

Who owns it

2 long-term investors we follow own it, unchanged from 2 last quarter. 121 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

6 investors own more than 5%.

  • at least 10.6%−2.5 pts
    (filed with 3 related holders)
    Since 30 June 2026
  • Castle Creek Capital Partners VII, LP
    Passive investor
    at least 9.9%0.0 pts
    (filed with 1 related holder)
    Since 31 December 2025
  • Charles A. Williams
    Passive investor
    at least 9.1%
    (filed with 1 related holder)
    Since 14 February 2025
  • Second Rewritten Trust Indenture of John S Simoni
    Passive investor
    at least 8.9%+1.4 pts
    (filed with 1 related holder)
    Since 30 June 2026
  • Adage Capital Management, L.P.
    Passive investor
    at least 7.5%+2.3 pts
    (filed with 2 related holders)
    Since 31 March 2026
  • Annie Gainey
    Passive investor
    at least 7.4%0.0 pts
    (filed with 2 related holders)
    Since 12 May 2025
  • Bay Pond Investors (Bermuda) L.P.
    Passive investor
    Sold down below 5%
    Since 30 June 2026
  • Bay Pond Partners, L.P.
    Passive investor
    Sold down below 5%
    Since 30 June 2026
  • Carl Oosterhouse
    Passive investor
    Sold down below 5%
    Since 14 February 2025

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

In the last 12 months, 2 insiders bought $4m of shares on the open market. 3 sold $2m, $541,912 of it under preset trading plans.

  • Williams Charles Alan
    CHAIRMAN & CEO, Director
    Bought
    Date
    1 September 2026
    Shares
    85,000
    Price
    $16.74
    Value
    $1m
  • Williams Charles Alan
    CHAIRMAN & CEO, Director
    Bought
    Date
    26 August 2026
    Shares
    48,312
    Price
    $16.95
    Value
    $818,681
  • Williams Charles Alan
    CHAIRMAN & CEO, Director
    Bought
    Date
    25 August 2026
    Shares
    30,000
    Price
    $16.95
    Value
    $508,425
  • Hooker David Stevens
    Director
    Sold
    under a preset trading plan
    Date
    14 August 2026
    Shares
    772
    Price
    $17.50
    Value
    $13,514
  • Hooker David Stevens
    Director
    Sold
    under a preset trading plan
    Date
    13 August 2026
    Shares
    363
    Price
    $17.53
    Value
    $6,364
  • Hooker David Stevens
    Director
    Sold
    under a preset trading plan
    Date
    4 August 2026
    Shares
    3,156
    Price
    $17.57
    Value
    $55,462
  • Hooker David Stevens
    Director
    Sold
    under a preset trading plan
    Date
    3 August 2026
    Shares
    3,209
    Price
    $17.59
    Value
    $56,457
  • Hooker David Stevens
    Director
    Sold
    under a preset trading plan
    Date
    1 July 2026
    Shares
    7,500
    Price
    $19.30
    Value
    $144,723
  • Hooker David Stevens
    Director
    Sold
    under a preset trading plan
    Date
    9 June 2026
    Shares
    2,351
    Price
    $17.70
    Value
    $41,613
  • Hooker David Stevens
    Director
    Sold
    under a preset trading plan
    Date
    8 June 2026
    Shares
    739
    Price
    $17.52
    Value
    $12,947

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 27 Mar 2026, plus the 10-Q filed 13 Aug 2026 and 4 later 8-Ks.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.