Northpointe Bancshares, Inc. (NYSE:NPB – Get Free Report) CEO Charles Williams bought 50,000 shares of Northpointe Bancshares stock in a transaction dated Monday, October 26th. The shares were bought at an average cost of $15.32 per share, with a total value of $766,000.00. Following the completion of the transaction, the chief executive officer directly owned 2,575,962 shares in the company, valued at approximately $39,463,737.84. This trade represents a 1.98% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Charles Alan Williams also recently made the following trade(s):
- On Friday, October 23rd, Charles Williams purchased 50,000 shares of Northpointe Bancshares stock. The shares were bought at an average price of $15.42 per share, with a total value of $771,000.00.
- On Wednesday, August 26th, Charles Williams purchased 48,312 shares of Northpointe Bancshares stock. The stock was bought at an average cost of $16.95 per share, for a total transaction of $818,888.40.
- On Tuesday, August 25th, Charles Williams acquired 30,000 shares of Northpointe Bancshares stock. The stock was purchased at an average price of $16.95 per share, for a total transaction of $508,500.00.
Northpointe Bancshares Price Performance
Shares of NYSE NPB opened at $16.19 on Thursday. The stock has a fifty day simple moving average of $16.16 and a two-hundred day simple moving average of $17.36. Northpointe Bancshares, Inc. has a 1-year low of $13.80 and a 1-year high of $19.71. The firm has a market cap of $559.92 million, a price-to-earnings ratio of 7.60 and a beta of 0.16. The company has a current ratio of 1.40, a quick ratio of 1.34 and a debt-to-equity ratio of 2.66.
Northpointe Bancshares (NYSE:NPB – Get Free Report) last released its earnings results on Tuesday, October 20th. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.21). The firm had revenue of $55.92 million during the quarter. Northpointe Bancshares had a return on equity of 13.88% and a net margin of 16.27%. Analysts anticipate that Northpointe Bancshares, Inc. will post 1.80 earnings per share for the current year.
Northpointe Bancshares Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 15th. This is a positive change from Northpointe Bancshares’s previous quarterly dividend of $0.0250. Northpointe Bancshares’s dividend payout ratio is currently 5.63%.
Northpointe Bancshares News Summary
Here are the key news stories impacting Northpointe Bancshares this week:
- Positive Sentiment: $30 million share-repurchase authorization: Northpointe approved a common-stock buyback beginning in October 2026. The program represents roughly 5% of the company’s market value and could support earnings per share, shareholder returns and investor confidence by reducing the number of shares outstanding. Northpointe Bancshares $30 million buyback article
- Positive Sentiment: Heavy insider buying: CEO Charles Williams purchased 100,000 shares in two transactions totaling approximately $1.54 million. Director Carrie Boer bought 12,000 shares, and COO Joseph Long purchased 3,240 shares. The buying, conducted near $15.32–$15.42 per share, may signal that company insiders view NPB’s valuation and outlook favorably. SEC insider transaction filing
- Neutral Sentiment: Mortgage business restructuring: Northpointe announced completion of a definitive agreement with CMG to sell its mortgage origination channels. The transaction reshapes the company’s mortgage strategy and could streamline operations or reduce exposure to mortgage-market volatility, but the available reports do not provide financial terms or quantify the expected effect on revenue and earnings. Northpointe Bancshares completes CMG agreement
- Negative Sentiment: Recent earnings miss remains a risk: Northpointe’s latest quarterly EPS of $0.39 fell well short of the $0.60 analyst consensus. The company’s reported P/E ratio near 7.6 and buyback may cushion sentiment, but sustained upside likely depends on improved profitability and clarity regarding the CMG transaction’s earnings impact.
Institutional Investors Weigh In On Northpointe Bancshares
Hedge funds and other institutional investors have recently bought and sold shares of the business. State of Alaska Department of Revenue lifted its position in shares of Northpointe Bancshares by 62.8% during the third quarter. State of Alaska Department of Revenue now owns 3,920 shares of the company’s stock worth $57,000 after acquiring an additional 1,512 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Northpointe Bancshares in the first quarter worth $172,000. Pale Fire Capital SE purchased a new position in shares of Northpointe Bancshares in the first quarter valued at $177,000. WINTON GROUP Ltd purchased a new position in shares of Northpointe Bancshares in the second quarter valued at $218,000. Finally, Sterling Capital Management LLC grew its position in shares of Northpointe Bancshares by 1,109.6% in the first quarter. Sterling Capital Management LLC now owns 14,310 shares of the company’s stock valued at $247,000 after purchasing an additional 13,127 shares in the last quarter.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on NPB shares. Weiss Ratings upgraded Northpointe Bancshares from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, September 9th. Zacks Research upgraded shares of Northpointe Bancshares from a “strong sell” rating to a “hold” rating in a research report on Monday, October 5th. Piper Sandler cut their target price on shares of Northpointe Bancshares from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Thursday, October 22nd. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Northpointe Bancshares from $22.00 to $21.00 and set an “outperform” rating for the company in a research note on Thursday, July 23rd. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $20.25.
View Our Latest Research Report on Northpointe Bancshares
About Northpointe Bancshares
Northpointe Bancshares, Inc is a bank holding company headquartered in Grand Rapids, Michigan. It operates through Northpointe Bank, a financial institution focused on providing banking products and lending services to individuals, families, and businesses.
Northpointe Bank offers residential mortgage loans, including home purchase and refinancing products, as well as consumer deposit accounts such as checking, savings, and certificates of deposit. The bank also provides commercial banking services and business loans, serving customers through a combination of digital banking capabilities and banking offices.
Founded in 1999, Northpointe Bank serves customers across the United States, with a particular emphasis on mortgage lending and relationship-based banking.
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