Zacks Research Upgrades Northpointe Bancshares (NYSE:NPB) to Hold

07 Oct 2026, 13:56 by Mitch Edgeman · The Markets Daily

Northpointe Bancshares (NYSE:NPB – Get Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday, Zacks reports.

Several other equities research analysts have also commented on the company. Piper Sandler boosted their price objective on Northpointe Bancshares from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Thursday, July 2nd. Keefe, Bruyette & Woods decreased their target price 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, Weiss Ratings raised Northpointe Bancshares from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, September 9th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Northpointe Bancshares currently has an average rating of “Hold” and a consensus target price of $21.08.

Read Our Latest Research Report on NPB

Northpointe Bancshares Trading Up 1.5%

Shares of NYSE:NPB opened at $15.59 on Monday. 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 has a 12-month low of $14.20 and a 12-month high of $19.71. The business has a 50 day moving average of $16.69 and a two-hundred day moving average of $17.44. The company has a market capitalization of $539.13 million, a PE ratio of 6.75 and a beta of 0.16.

Northpointe Bancshares (NYSE:NPB – Get Free Report) last posted its earnings results on Tuesday, July 21st. The company reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.08). Northpointe Bancshares had a net margin of 17.72% and a return on equity of 14.99%. The business had revenue of $64.32 million for the quarter. As a group, analysts forecast that Northpointe Bancshares will post 2.48 EPS for the current year.

Insider Buying and Selling

In related news, CEO Charles Williams acquired 48,312 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were purchased at an average cost of $16.95 per share, for a total transaction of $818,888.40. Following the acquisition, the chief executive officer owned 2,390,962 shares in the company, valued at $40,526,805.90. The trade was a 2.06% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 18.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio acquired a new stake in Northpointe Bancshares in the first quarter valued at approximately $172,000. Pale Fire Capital SE acquired a new position in Northpointe Bancshares during the 1st quarter worth approximately $177,000. WINTON GROUP Ltd purchased a new stake in shares of Northpointe Bancshares in the 2nd quarter valued at approximately $218,000. Sterling Capital Management LLC increased its position in shares of Northpointe Bancshares by 1,109.6% in the 1st 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 during the last quarter. Finally, Strs Ohio increased its position in shares of Northpointe Bancshares by 640.0% in the 1st quarter. Strs Ohio now owns 14,800 shares of the company’s stock valued at $255,000 after purchasing an additional 12,800 shares during the last quarter.

Key Headlines Impacting Northpointe Bancshares

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

Positive Sentiment: Dividend raised 20%: Northpointe Bancshares increased its quarterly common-stock dividend to $0.03 per share from $0.025. The dividend is payable November 4 to shareholders of record October 15, representing $0.12 on an annualized basis and an approximately 0.8% yield. The increase may appeal to income-focused investors and suggests management is comfortable with the bank’s capital position. Northpointe Bancshares Raises Quarterly Dividend
Positive Sentiment: Analyst rating improved: Zacks Research upgraded NPB from “strong sell” to “hold.” Although this is not a bullish recommendation, the change removes an especially negative rating and could modestly improve sentiment toward the shares. Zacks Upgrades Northpointe Bancshares to Hold
Neutral Sentiment: The dividend’s ex-dividend date is October 15. Investors purchasing on or after that date generally would not be entitled to the upcoming payment, which may influence short-term trading activity. Northpointe Announces Quarterly Common Stock Dividend Increase
Negative Sentiment: The “hold” rating still reflects limited analyst conviction, while the company’s latest reported quarterly EPS of $0.60 was below the $0.68 consensus estimate. Those factors could temper the positive impact of the dividend increase.

Northpointe Bancshares Company Profile

(Get Free Report)

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 and lending services to consumers and businesses.

Northpointe Bank offers residential mortgage products, including loans for home purchases and refinancing, as well as home equity lending. Its deposit products include checking, savings, money market and certificate of deposit accounts. The bank also provides personal and commercial banking services designed to meet the borrowing, cash-management and deposit needs of individuals and businesses.