Northpointe Bancshares, Inc. (NPB) To Go Ex-Dividend on October 15th

Northpointe Bancshares, Inc. (NYSE:NPB) declared a quarterly dividend on Tuesday, October 6th. Investors of record on Thursday, October 15th will be given a dividend of $0.03 per share on Wednesday, November 4th. This represents a $0.12 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, October 15th. This is a 20.0% increase from Northpointe Bancshares’s previous quarterly dividend of $0.0250.

Northpointe Bancshares Stock Performance

Shares of NPB opened at $15.55 on Thursday. The company has a market capitalization of $537.68 million, a PE ratio of 6.73 and a beta of 0.16. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.40 and a quick ratio of 1.34. Northpointe Bancshares has a one year low of $14.20 and a one year high of $19.71. The company’s fifty day moving average price is $16.65 and its 200 day moving average price is $17.43.

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

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 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.

Through a combination of digital banking capabilities, mortgage lending channels and its physical banking presence, Northpointe serves customers in Michigan and markets across the United States.