NORTHPOINTE BANCSHARES INC (NPB)
Financials · Mortgage banking and residential lending · NYSE
A specialty mortgage-focused bank providing warehouse financing and digital residential lending to independent mortgage originators and retail borrowers nationwide.
What NORTHPOINTE BANCSHARES INC does
Northpointe Bancshares is a Michigan-based bank holding company and one of the largest mortgage-focused banks in the US. It operates two primary business segments: a Mortgage Purchase Program (MPP) that provides collateralized mortgage purchase facilities to independent mortgage bankers nationwide, and Retail Banking offering residential lending, digital deposit banking, and mortgage loan servicing. The company is the largest bank headquartered in Michigan and one of the largest providers of mortgage warehouse financing.
Themes: ["Mortgage banking / warehouse financing","Residential mortgage lending","Digital banking platform","Loan servicing"]
Fundamentals
- Price$18.42 as of 2026-07-09 close
- Market cap$637M as of 2026-07-10
- 1-year return+21.5% as of 2026-07-09 close
- P/E7.21 as of 2026-07-10
- ROE+14.8% as of 2026-07-10
- Debt / equity0.20 as of 2026-07-10
- Beta0.61 as of 2026-07-10
Dividend: yield +0.5%; 3-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Exposure to interest rate and mortgage market volatility; elevated or rising interest rates negatively impact mortgage originations, portfolio performance, and collateral valuations","Concentration of business in midwestern states (Michigan, Ohio, Indiana) and dependence on real estate market conditions in primary operating areas","Credit and liquidity risks in loan portfolio; dependence on continued access to capital markets and stable, low-cost deposit funding"]
Competitors & peers
- Wells Fargo (WFC)
- Fannie Mae
- Freddie Mac
- Mortgage REIT operators
- Independent mortgage bankers and correspondent lenders
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.