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Northpointe Bancshares, Inc. (NPB)
:NPB
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Northpointe Bancshares, Inc.
(NYSE:NPB)
Rating:54Neutral
Price Target:―
Northpointe Bancshares, Inc. (NPB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$463.92M
Dividend YieldN/A
Average Volume (3M)110.62K
Price to Earnings (P/E)―
Beta (1Y)1.12
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees491
SectorFinancial
Sector Strength81
IndustryBanks - Regional
Share Statistics
EPS (TTM)N/A
Shares Outstanding34,364,660
10 Day Avg. Volume49,196
30 Day Avg. Volume110,621
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)0.71
Price to Sales (P/S)0.00
P/FCF Ratio2.63
Enterprise Value/Market Cap3.36
Enterprise Value/Revenue7.19
Enterprise Value/Gross Profit35.33
Enterprise Value/Ebitda30.76
Forecast
1Y Price Target
$17.25Price Target Upside31.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Northpointe Bancshares, Inc. Business Overview & Revenue Model
Company DescriptionNorthpointe Bancshares, Inc. operates as the bank holding company for Northpointe Bank provides various banking products and services. It offers noninterest-bearing accounts, savings, money-market demand accounts, and certificates of deposits; personal and business banking, kids saving, and health saving accounts; home loans; and mortgage purchase program. The company was incorporated in 1998 and is headquartered in Grand Rapids, Michigan.
How the Company Makes MoneyNorthpointe Bancshares, Inc. generates revenue through various streams, primarily by providing banking and financial services. The company earns money from interest income on loans and mortgages, as well as from fees related to deposit accounts, transactions, and other financial services. Additionally, NPB benefits from investment income and advisory fees through its investment services division. The company's profitability is further supported by strategic partnerships and collaborations within the financial sector, enhancing its product offerings and market reach.
Northpointe Bancshares, Inc. Financial Statement Overview
Summary
Northpointe Bancshares, Inc. shows a mixed financial picture. While net profit margin has improved, indicating enhanced profitability, the decline in revenue and significantly reduced cash flow are concerning. The balance sheet is stable with moderate leverage, but liquidity risks due to cash flow issues may need addressing.Income Statement
Northpointe Bancshares, Inc. has shown a decrease in revenue from $196 million in 2023 to $185 million in 2024, indicating a revenue decline. The net profit margin improved significantly from 17.2% in 2023 to 29.7% in 2024, reflecting enhanced profitability through cost management or other strategic measures despite lower revenue. The absence of EBIT and EBITDA data limits a complete profitability analysis.65
Positive
Balance Sheet
The company maintains a relatively stable financial position with a slight increase in stockholders' equity from $431 million in 2023 to $462 million in 2024, indicating retained earnings growth. The debt-to-equity ratio is approximately 2.82 in 2024, suggesting moderate leverage, which could pose risks if interest rates rise. The equity ratio is stable, hovering around 8.8% in 2024, indicating a conservative balance sheet structure typical for regional banks.70
Positive
Cash Flow
Free cash flow has decreased from $499 million in 2023 to $18 million in 2024, pointing to potential challenges in cash generation. The operating cash flow to net income ratio is 0.36 in 2024, suggesting operational efficiency issues. The significant drop in free cash flow growth rate and the free cash flow to net income ratio of 0.34 highlight potential liquidity concerns.55
Neutral
| Breakdown | |||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|
| Income Statement | Total Revenue | ||
| 143.26M | 185.77M | 196.29M | 257.56M | Gross Profit |
| 44.08M | 185.77M | 197.77M | 255.34M | EBIT |
| 34.13M | 71.13M | 44.69M | 0.00 | EBITDA |
| 35.05M | 0.00 | 48.70M | 0.00 | Net Income Common Stockholders |
| 28.24M | 55.16M | 33.76M | 23.24M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||
| 0.00 | 376.30M | 351.89M | 274.23M | Total Assets |
| 5.86B | 5.22B | 4.76B | 4.40B | Total Debt |
| 1.40B | 1.30B | 1.31B | 981.25M | Net Debt |
| 1.40B | 926.39M | 962.48M | 707.02M | Total Liabilities |
| 5.27B | 4.76B | 4.33B | 3.98B | Stockholders Equity |
| 586.52M | 462.49M | 430.62M | 417.31M |
| Cash Flow | Free Cash Flow | ||
| 64.95M | 18.76M | 498.64M | 1.35B | Operating Cash Flow |
| 65.04M | 19.81M | 504.17M | 1.35B | Investing Cash Flow |
| -629.60M | -458.24M | -750.68M | -1.18B | Financing Cash Flow |
| 445.31M | 462.83M | 324.17M | -354.76M |
Northpointe Bancshares, Inc. Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $504.34M | 12.34 | 11.31% | 2.51% | 14.10% | 12.00% | |
71 Outperform | $508.53M | 15.55 | 4.48% | 4.36% | 10.00% | 2.81% | |
71 Outperform | $648.32M | 9.82 | 8.38% | 2.83% | 13.17% | 24.36% | |
70 Outperform | $513.79M | 10.62 | 11.69% | 5.11% | 6.53% | -11.21% | |
65 Neutral | $572.99M | 20.31 | 6.68% | 0.99% | 7.69% | 13.82% | |
64 Neutral | $12.66B | 9.79 | 7.67% | 17015.07% | 12.23% | -6.06% | |
54 Neutral | $463.92M | ― | ― | ― | ― |
* Financial Sector Average
Performance Comparison
NPB
Northpointe Bancshares, Inc.
13.50
-1.06
-7.28%
EBTC
Enterprise Bancorp
38.39
13.88
56.63%
FMNB
Farmers National Banc Oh
13.15
1.39
11.82%
HIFS
Hingham Institution For Savings
250.25
80.70
47.60%
MPB
Mid Penn Bancorp
26.89
5.95
28.41%
NFBK
Northfield Bancorp
11.48
2.88
33.49%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.