Northpointe Bancshares (NYSE:NPB) COO Joseph Long Buys 3,240 Shares of Company Stock

Northpointe Bancshares, Inc. (NYSE:NPB) COO Joseph Long acquired 3,240 shares of the business’s stock in a transaction dated Friday, October 23rd. The stock was acquired at an average price of $15.37 per share, for a total transaction of $49,798.80. Following the completion of the transaction, the chief operating officer owned 3,240 shares in the company, valued at approximately $49,798.80. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Northpointe Bancshares Trading Up 3.2%

Shares of Northpointe Bancshares stock opened at $15.72 on Wednesday. The company’s fifty day simple moving average is $16.18 and its two-hundred day simple moving average is $17.37. The company has a market cap of $543.63 million, a P/E ratio of 7.38 and a beta of 0.16. Northpointe Bancshares, Inc. has a 12-month low of $13.80 and a 12-month high of $19.71.

Northpointe Bancshares (NYSE:NPB) last announced its quarterly earnings results on Tuesday, October 20th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.21). The company had revenue of $55.92 million for the quarter. Analysts predict that Northpointe Bancshares, Inc. will post 1.80 EPS for the current fiscal year.

Northpointe Bancshares Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Thursday, October 15th will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.8%. 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 (DPR) is 5.63%.

More Northpointe Bancshares News

Here are the key news stories impacting Northpointe Bancshares this week:

• Positive Sentiment: $30 million share-buyback program: Northpointe Bancshares authorized a common-stock repurchase program beginning in October 2026. At the company’s roughly $544 million market capitalization, the authorization represents approximately 5.5% of its equity value and could support earnings per share and shareholder returns by reducing the share count. Northpointe Bancshares announces an Equity Buyback
• Positive Sentiment: Broad insider buying: CEO Charles Williams purchased 100,000 shares across October 23 and October 26 for approximately $1.54 million, increasing his holdings by roughly 4%. Director Carrie L. Boer bought 12,000 shares, while COO Joseph B. Long acquired 3,240 shares. The purchases, all near $15.32–$15.42 per share, provide a positive confidence signal from senior leadership. SEC insider transaction filing
• Neutral Sentiment: Valuation may have encouraged the buying: NPB trades at a reported P/E ratio of about 7.4, and the repurchases and insider purchases come while the stock remains below its 50-day and 200-day moving averages. Buybacks can be supportive, but their effect depends on execution and the company’s future earnings.
• Negative Sentiment: Recent earnings weakness remains a headwind: Northpointe’s latest quarterly earnings per share of $0.39 missed the consensus estimate of $0.60, which could limit enthusiasm unless profitability improves. Analysts currently expect approximately $1.80 in full-year EPS.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Zacks Research upgraded shares of Northpointe Bancshares from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Weiss Ratings upgraded Northpointe Bancshares from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, September 9th. Keefe, Bruyette & Woods lowered their price objective on Northpointe Bancshares from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Thursday, July 23rd. Finally, Piper Sandler dropped their target price on shares of Northpointe Bancshares from $20.00 to $19.50 and set an “overweight” rating for the company in a report on Thursday, October 22nd. Two investment 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. Based on data from MarketBeat, Northpointe Bancshares has an average rating of “Hold” and a consensus target price of $20.25.

Institutional Trading of Northpointe Bancshares

A number of large investors have recently made changes to their positions in NPB. Mendon Capital Advisors Corp increased its stake in Northpointe Bancshares by 86.4% during the first quarter. Mendon Capital Advisors Corp now owns 308,624 shares of the company’s stock worth $5,327,000 after acquiring an additional 143,010 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Northpointe Bancshares by 126.9% in the first quarter. Bank of America Corp DE now owns 215,544 shares of the company’s stock worth $3,720,000 after purchasing an additional 120,554 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Northpointe Bancshares in the 2nd quarter worth about $1,756,000. Segall Bryant & Hamill LLC bought a new position in Northpointe Bancshares in the first quarter worth approximately $1,515,000. Finally, Rockefeller Capital Management L.P. purchased a new position in shares of Northpointe Bancshares during the fourth quarter valued at $965,000.

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.