Northpointe Bancshares Inc (NPB) stock analysis
Close on Nov 11, 2026Market cap $545.36MP/E 6.8Yield 0.63%
StockData Score
Prices as of Nov 11, 2026How the score works
Solid15 of 30 checks passed
Northpointe Bancshares passes 15 of the 30 checks behind our score; 11 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 5/6
- Growth
- 1/6
- Past performance
- 3/6
- Financial health
- 3/6
- Dividend
- 3/6
What stands out
Margin of safety over 20%
The price is 37.9% below fair value, more than the 20% cushion we look for.
Trading below fair value
The share price of $15.77 is below our fair value estimate of $25.38.
P/E below the industry
Northpointe Bancshares's P/E of 6.8 is below the Commercial Banks median of 12.1.
Covered by free cash flow
Dividends take 3.4% of free cash flow.
What to watch
Loans exceed deposits
Loans equal 124% of deposits, so the bank relies on other borrowing.
Thin loan-loss reserve
The allowance for credit losses is 0.1% of loans; we look for at least 1%.
Yield below Treasuries
The 0.7% yield is below the 4.4% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 3.8% or more; Northpointe Bancshares yields 0.7%.
Valuation5/6
P/E against its history
Not enough price and earnings history to compare.
P/E below the industry
Northpointe Bancshares's P/E of 6.8 is below the Commercial Banks median of 12.1.
P/S below the industry
Northpointe Bancshares's price-to-sales of 2.12 is below the Commercial Banks median of 3.60.
P/B below the industry
Northpointe Bancshares's price-to-book of 0.89 is below the Commercial Banks median of 1.29.
Trading below fair value
The share price of $15.77 is below our fair value estimate of $25.38.
Margin of safety over 20%
The price is 37.9% below fair value, more than the 20% cushion we look for.
Growth1/6
Revenue growth over 3 years
Needs three years of positive revenue.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 22.5% over the last twelve months; the Commercial Banks median is 11.3%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
Banks and insurers do not report gross profit.
Past performance3/6
Return on equity
Needs positive equity and five years of results.
Return on assets over 1%
Return on assets was 1.3%; for a bank or insurer, 1% or more is considered good.
Return on equity above the industry
Northpointe Bancshares's return on equity of 14.8% is above the Commercial Banks median of 11.5%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin above the industry
Northpointe Bancshares's net margin of 34.9% is above the Commercial Banks median of 30.3%.
Financial health3/6
Well capitalized
Equity is 8.1% of total assets; 8% or more is a comfortable cushion.
Loans exceed deposits
Loans equal 124% of deposits, so the bank relies on other borrowing.
Thin loan-loss reserve
The allowance for credit losses is 0.1% of loans; we look for at least 1%.
Efficient operations
Non-interest expense takes 53.6% of revenue; under 60% is efficient for a bank.
Deposits growing
Deposits grew 17.0% over the past year.
Borrowings
Needs debt and equity figures.
Dividend3/6
Pays a dividend
Northpointe Bancshares paid dividends worth 0.7% of the share price over the last twelve months.
Yield below Treasuries
The 0.7% yield is below the 4.4% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 3.8% or more; Northpointe Bancshares yields 0.7%.
Dividend stability
Fewer than five years of dividend history.
Covered by earnings
Dividends take 3.8% of net income.
Covered by free cash flow
Dividends take 3.4% of free cash flow.
Fair value
How we estimate itOur estimate per share
$25.38
The share price is 38% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 12.1× | – | 12.1× | $28.02 | 50% |
| P/B | 1.3× | – | 1.3× | $22.75 | 50% |
| Fair value | $25.38 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Commercial Banks median 12.1
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $4.43M
- Value traded per 1% price move
- $3.18M
Downside
Low risk
- Typical loss in a bad month
- 11.1%
- Volatility (annualized)
- 29%
- Sharpe ratio, 1 year
- -0.24
- Beta to the S&P 500 (5Y)
- 0.88
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2022 to 2025
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +29.2% | – | – | – | |
| Net income | +51.2% | – | – | – | |
| EPS, diluted | +15.3% | – | – | – | |
| Free cash flow | +121.4% | – | – | – | |
| Dividend per share | 0.0% | – | – | – |
Returns and balance sheet
4 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2022 | FY2022 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 16.2% | |
| Return on assets | – | – | 1.4% | |
| Capex to revenue | – | – | 1.1% | |
| Diluted shares | – | – | 34M |
Cash use needs five years of cash flow figures
Northpointe Bancshares does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 34.5% | 0.04× | 11.87× | 16.2% |
| FY2024 | 29.5% | 0.04× | 11.18× | 12.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$83.41M
- Cash generatingOperating cash flow above zero$44.29M
- Return on assets improvedROA up on the prior year1.2% → 1.6%
- Earnings backed by cashOperating cash flow above net income$44.29M vs $83.41M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise26M → 34M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.04 → 0.05
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