Northpointe Bancshares, Inc. Declares Quarterly Dividend of $0.03 (NYSE:NPB)

Northpointe Bancshares, Inc. (NYSE:NPB) announced a quarterly dividend on Monday, July 6th. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.025 per share on Tuesday, August 4th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, July 15th.

Northpointe Bancshares Price Performance

Shares of NYSE:NPB traded up $0.10 during trading on Tuesday, hitting $19.12. 3,393 shares of the company’s stock were exchanged, compared to its average volume of 241,806. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.44 and a quick ratio of 1.38. Northpointe Bancshares has a 52-week low of $13.66 and a 52-week high of $19.71. The business’s 50-day simple moving average is $17.76 and its 200 day simple moving average is $17.70. The company has a market cap of $661.24 million and a price-to-earnings ratio of 8.61.

Northpointe Bancshares (NYSE:NPB) last posted its earnings results on Tuesday, April 21st. The company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.04). Northpointe Bancshares had a net margin of 17.92% and a return on equity of 14.80%. The company had revenue of $63.42 million for the quarter. As a group, equities analysts predict that Northpointe Bancshares will post 2.72 EPS for the current year.

About Northpointe Bancshares

Northpointe Bancshares, Inc is the bank holding company for Northpointe Bank, an FDIC-insured community bank based in Michigan. The company offers a full range of commercial and consumer banking solutions, serving retail, small business and corporate clients through both a physical branch network and digital platforms.

Northpointe Bank’s product suite includes interest-bearing checking and savings accounts, money market and certificate of deposit offerings, as well as residential mortgage lending, home equity financing and unsecured consumer loans.