Monitor next quarter's net interest margin trajectory and MPP loan growth sustainability; the beat was driven by asset quality improvement and loan growth, but margin compression remains a headwind.
Price Chart
Executive Summary
Northpointe Bancshares (NPB) reported Q1 2026 earnings of $0.62 diluted EPS, beating consensus by 1.6% on revenue of $63.8 million, driven by strong growth in its Mortgage Purchase Program and All-in-One loans, with net interest margin compression partially offset by lower provision expense.
Key Financial Metrics
Key Facts
- Q1 2026 diluted EPS was $0.62, beating consensus of $0.63 by 1.6% (actual $0.62 vs est $0.63)
- Net interest margin declined 9 basis points to 2.42% due to lower loan yields outpacing deposit cost declines
- Mortgage Purchase Program (MPP) balances grew $435.7 million (51% annualized) and All-in-One (AIO) loans grew $28.0 million (15% annualized)
- Net charge-offs decreased to $266,000 (2 bps annualized) from $1.2 million (8 bps) in Q4 2025
Financial Impact
$21.7 million net income to common stockholders, $0.62 diluted EPS
Risk Factors
- Net interest margin declined 9 basis points to 2.42% due to lower loan yields
- Non-interest expense increased $658,000 sequentially due to higher salaries and benefits
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001336706-26-000035 |
| Document: npb-20260421.htm | 0001336706-26-000035 |
| Document: q12026earningscallslides.htm | 0001336706-26-000035 |
| Document: 0001336706-26-000035-index-headers.html | 0001336706-26-000035 |
| Document: 0001336706-26-000035-index.html | 0001336706-26-000035 |
| Document: 0001336706-26-000035.txt | 0001336706-26-000035 |
| 8-K Data (Synthetic) | 0001336706-26-000035 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 8-K | — | awaiting T+5 | — | — |
Oct 20, 2026 5d ago | 8-K | $15.13 | awaiting T+5 | — | $15.23 (−0.66%) |
Oct 6, 2026 20d ago | 8-K | $15.53 $15.51 | ▼ −0.13% | ▲ +0.85% | $15.23 (−1.93%) |
Sep 2, 2026 7w ago | Insider Buy | $17.18 $17.19 | ▲ +0.06% | ▲ +1.21% | $15.23 (−11.33%) |
Aug 28, 2026 8w ago | 8-K | $17.04 $17.28 | ▲ +1.41% | ▲ +1.30% | $15.23 (−10.62%) |
Aug 26, 2026 8w ago | Insider Buy | $17.11 $17.21 | ▲ +0.58% | ▲ +0.32% | $15.23 (−10.99%) |
Jun 11, 2026 19w ago | Institutional Cluster | $18.33 $17.96 | ▼ −2.02% | ▼ −2.45% | $15.23 (−16.91%) |
May 14, 2026 23w ago | Insider Buy | $17.12 $17.34 | ▲ +1.28% | ▲ +0.41% | $15.23 (−11.04%) |
Apr 21, 2026 26w ago | 8-K | $17.69 $17.58 | ▼ −0.62% | ▼ −0.68% | $15.23 (−13.91%) |
Mar 3, 2026 33w ago | Insider Cluster | $18.35 $18.27 | ▼ −0.44% | ▲ +0.04% | $15.23 (−16.98%) |
US Market Status
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