Northpointe Bancshares, Inc. (NYSE:NPB - Get Free Report) declared a quarterly dividend on Monday, July 7th, RTT News reports. Stockholders of record on Tuesday, July 15th will be given a dividend of 0.025 per share on Monday, August 4th. This represents a $0.10 annualized dividend and a dividend yield of 0.66%. The ex-dividend date of this dividend is Tuesday, July 15th.
Northpointe Bancshares Stock Performance
Shares of NYSE NPB traded down $0.13 during midday trading on Wednesday, hitting $15.10. The stock had a trading volume of 187,755 shares, compared to its average volume of 217,626. Northpointe Bancshares has a 1 year low of $11.43 and a 1 year high of $15.50. The company has a debt-to-equity ratio of 2.39, a current ratio of 1.48 and a quick ratio of 1.43. The company's 50 day simple moving average is $13.66.
Northpointe Bancshares (NYSE:NPB - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The company reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.01. The company had revenue of $53.26 million for the quarter, compared to analysts' expectations of $50.59 million.
Analyst Ratings Changes
A number of brokerages recently commented on NPB. Keefe, Bruyette & Woods began coverage on Northpointe Bancshares in a research report on Tuesday, March 11th. They set an "outperform" rating and a $18.00 price objective on the stock. Piper Sandler initiated coverage on Northpointe Bancshares in a research report on Tuesday, March 11th. They issued an "overweight" rating and a $16.50 target price on the stock.
View Our Latest Report on Northpointe Bancshares
Institutional Investors Weigh In On Northpointe Bancshares
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC purchased a new stake in Northpointe Bancshares in the first quarter valued at $26,000. Jane Street Group LLC purchased a new stake in Northpointe Bancshares in the first quarter valued at $146,000. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Northpointe Bancshares in the first quarter valued at $9,908,000.
About Northpointe Bancshares
(
Get Free Report)
Northpointe Bancshares, Inc operates as a bank holding company. It offers a nationwide mortgage purchase program, residential mortgage loans, digital deposit banking to retail customers and custodial deposit services. The company was founded by Charles A. Williams in 1998 and is headquartered in Grand Rapids, MI.
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