Northpointe Bancshares, Inc. (NYSE:NPB) Plans $0.03 Quarterly Dividend

Northpointe Bancshares, Inc. (NYSE:NPB) declared a quarterly dividend on Wednesday, April 8th. Stockholders of record on Wednesday, April 15th will be given a dividend of 0.025 per share on Monday, May 4th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, April 15th.

Northpointe Bancshares Price Performance

NPB stock opened at $18.32 on Thursday. Northpointe Bancshares has a one year low of $11.43 and a one year high of $19.48. The company’s fifty day moving average price is $17.53 and its 200-day moving average price is $17.30. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.34 and a current ratio of 1.40. The company has a market capitalization of $631.75 million, a PE ratio of 8.76 and a beta of 0.23.

Northpointe Bancshares (NYSE:NPB) last released its earnings results on Tuesday, January 20th. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.08). Northpointe Bancshares had a return on equity of 14.00% and a net margin of 17.70%.The company had revenue of $65.14 million during the quarter, compared to analysts’ expectations of $64.70 million.

About Northpointe Bancshares

Northpointe Bancshares, Inc is the bank holding company for Northpointe Bank, an FDIC-insured community bank based in Michigan. The company offers a full range of commercial and consumer banking solutions, serving retail, small business and corporate clients through both a physical branch network and digital platforms.

Northpointe Bank’s product suite includes interest-bearing checking and savings accounts, money market and certificate of deposit offerings, as well as residential mortgage lending, home equity financing and unsecured consumer loans.