Key Highlights

  • Northpointe's $0.03 quarterly dividend has an October 15, 2026 ex-dividend date and is payable November 4 to stockholders of record.
  • The board raised the dividend 20% from the previous $0.025 per common share.
  • Second-quarter net income to common stockholders was $21.3 million, or $0.60 per diluted share, versus $18.0 million, or $0.51.
  • Net interest margin was 2.33% versus 2.42% in the first quarter, with net charge-offs of $528,000.

Northpointe Bancshares' (NYSE:NPB) $0.03 quarterly dividend yields 0.76% and sits beside second-quarter diluted EPS of $0.60. The board declared the 20% increase on October 6, 2026, from the $0.025 quarterly dividend payable August 4.

Dividend Program and Shareholder Returns

Northpointe's board declared an increase in the quarterly cash dividend to $0.03 per common share on October 6, 2026, a 20% increase from $0.025. It is payable November 4 to stockholders of record as of October 15.

The previous regular quarterly cash dividend of $0.025 per share was payable August 4, 2026 to stockholders of record as of July 15.

About the Company

Northpointe Bancshares is the holding company of Northpointe Bank, headquartered in Grand Rapids, Michigan. The bank provides home loans and retail banking products to communities across the nation. Its Mortgage Purchase Program is the portfolio the company is strategically focused on growing, together with its All-in-One home equity lines.

Financial Performance Behind the Payout

Northpointe reported second-quarter net income to common stockholders of $21.3 million, or $0.60 per diluted share, versus $21.7 million, or $0.62, in the first quarter and $18.0 million, or $0.51, in the second quarter of 2025.

Net interest income before provision was $42.4 million, up $5.9 million from the second quarter of 2025 and $1.1 million from the first quarter. Net interest margin was 2.33% versus 2.42% in the first quarter and 2.44% a year earlier. Non-interest income was $21.9 million, and non-interest expense was $35.2 million.

Return on average assets was 1.18%, return on average equity was 14.36%, and return on average tangible common equity, a non-GAAP measure, was 14.69%. The efficiency ratio was 54.76%. Book value per share was $17.69, and tangible book value per share was $16.94.

Balance Sheet and Credit Detail

Total assets were $7.53 billion at June 30, 2026, and total deposits were $5.23 billion, up $231.9 million from the prior quarter. Mortgage Purchase Program balances increased $77.3 million, net of $489.0 million of balances participated to other institutions. The chief executive officer cited 36% growth in portfolio balances and 42% growth in total loans funded over the prior year.

Net charge-offs were $528,000, or 0.03% of average loans on an annualized basis. Non-performing assets were $86.7 million, or $60.0 million excluding guaranteed loans. Cash and cash equivalents were $538.4 million.

Outlook

Northpointe did not provide numerical guidance in its second-quarter release. The company reports a wholesale funding ratio of 63.09% and a loans to deposits ratio of 123.83% at quarter end.