Northpointe Bancshares, Inc. (NPB) Income Statement
NPB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNPB revenue and net income
Where NPB's revenue goes
2025Each bar shows an amount and its share of revenue. NPB kept 17.7% of revenue as net income.
NPB profit margins
NPB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +20.7% | +13.3% | +67.1% | — |
| Gross profit | +27.8% | −2.1% | +46.0% | — |
| Operating income | +51.5% | +48.5% | +97.8% | — |
| Net income | +51.2% | +53.1% | +49.8% | — |
| EPS (diluted) | +514.7% | +95.4% | +65.2% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NPB quarterly EPS vs estimates
Northpointe Bancshares beat the analyst EPS estimate in 4 of the last 7 quarters. Next report: October 20, 2026 (estimate $0.60).
NPB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $471.2M | $390.5M | $362.4M | $324.2M | $2.2M | $36.2M |
| Cost of revenue | $231.6M | $203.0M | $164.7M | $68.9M | $1.1M | $0 |
| Gross profit | $239.6M | $187.5M | $197.8M | $255.3M | $1.0M | $36.2M |
| Research & development | — | $158.9M | $114.4M | $155.5M | $29.9M | $23.1M |
| Sales, general & admin | $93.6M | $77.8M | $104.3M | $159.9M | $22.2M | $9.4M |
| Total operating expenses | $129.2M | $114.6M | $153.1M | $221.6M | $52.1M | $32.5M |
| Operating income | $110.4M | $72.9M | $44.7M | $33.7M | −$51.0M | $3.6M |
| Interest income | $380.2M | $317.5M | $267.4M | $166.1M | — | — |
| Interest expense | $229.5M | $203.3M | $166.2M | $66.7M | — | $22,439 |
| Income before taxes | $110.4M | $72.9M | $44.7M | $33.7M | −$57.5M | $11.3M |
| Income taxes | $27.0M | $17.7M | $10.9M | $10.5M | −$77,698 | $286,787 |
| Net income | $83.4M | $55.2M | $33.8M | $23.2M | −$57.4M | $11.0M |
| EBITDA | $113.5M | $76.7M | $48.7M | $37.7M | −$56.7M | $11.9M |
| EPS (diluted) | $2.09 | $0.34 | $1.31 | $0.28 | −$0.73 | $0.17 |
| Gross margin | 50.9% | 48.0% | 54.6% | 78.7% | 47.3% | 100.0% |
| Operating margin | 23.4% | 18.7% | 12.3% | 10.4% | −2,353.1% | 10.1% |
| Net margin | 17.7% | 14.1% | 9.3% | 7.2% | −2,648.7% | 30.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $65.6M | $123.8M | $127.8M | $125.9M | $115.5M | $102.0M | $96.3M | $109.1M | $95.8M | $89.2M | $76.6M | $315,000 |
| Cost of revenue | $59.8M | $59.8M | $62.0M | $62.3M | $57.2M | $50.1M | $52.2M | $55.1M | $50.6M | $45.0M | $44.4M | $0 |
| Gross profit | $5.8M | $64.0M | $65.8M | $63.5M | $58.4M | $52.0M | $44.1M | $54.0M | $45.2M | $44.2M | $32.2M | $315,000 |
| Research & development | — | — | — | — | $3.3M | $777,000 | — | $4.5M | $109.4M | $39.0M | — | $5.1M |
| Sales, general & admin | $35.2M | $1.3M | $23.9M | $24.3M | $22.2M | $20.4M | $22.7M | $20.8M | $20.0M | $18.0M | $18.5M | $5.9M |
| Total operating expenses | $35.2M | $34.6M | $33.9M | $34.4M | $31.7M | $29.4M | $29.4M | $29.4M | $27.8M | $28.0M | $29.9M | $10.9M |
| Operating income | −$29.4M | $29.4M | $32.0M | $29.2M | $26.7M | $22.6M | $14.6M | $24.6M | $17.4M | $16.2M | $2.3M | −$10.6M |
| Interest income | $107.0M | $101.5M | $106.1M | $101.8M | $93.1M | $79.2M | $82.7M | $83.4M | $78.9M | $72.6M | $71.9M | — |
| Interest expense | $64.6M | $60.2M | $62.6M | $61.5M | $56.6M | $48.8M | $52.7M | $54.9M | $50.3M | $45.4M | $45.6M | — |
| Income before taxes | $28.9M | $29.4M | $32.0M | $29.2M | $26.7M | $22.6M | $14.6M | $24.6M | $17.4M | $16.2M | $2.3M | −$8.2M |
| Income taxes | $7.1M | $7.3M | $8.3M | $7.0M | $6.3M | $5.3M | $3.7M | $5.9M | $4.2M | $4.0M | $649,000 | — |
| Net income | $21.7M | $22.2M | $23.6M | $22.2M | $20.3M | $17.2M | $11.0M | $18.7M | $13.2M | $12.3M | $1.7M | −$33.3M |
| EBITDA | −$29.4M | $30.2M | $32.0M | $29.9M | $27.4M | $23.4M | $15.6M | $25.6M | $18.4M | $17.2M | $3.3M | −$10.6M |
| EPS (diluted) | $0.60 | $0.62 | $0.52 | $0.57 | $0.51 | $0.49 | $0.34 | — | — | — | — | — |
| Gross margin | 8.8% | 51.7% | 51.5% | 50.5% | 50.5% | 50.9% | 45.8% | 49.5% | 47.2% | 49.5% | 42.0% | 100.0% |
| Operating margin | −44.9% | 23.8% | 25.0% | 23.2% | 23.1% | 22.1% | 15.2% | 22.6% | 18.2% | 18.2% | 3.0% | −3,375.9% |
| Net margin | 33.2% | 17.9% | 18.5% | 17.6% | 17.6% | 16.9% | 11.4% | 17.1% | 13.8% | 13.7% | 2.2% | −10,557.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NPB's financial statements (latest annual report filed April 7, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NPB financial results
In fiscal year 2025 (ended December 31, 2025), Northpointe Bancshares reported revenue of $471.2 million, up 20.7% from the year before. It had net income of $83.4 million (up 51.2%), a net profit margin of 17.7%. Diluted earnings per share came to $2.09. Over five years revenue grew at an average rate of 67.1% a year.
See the NPB stock overview for the latest quote and news, or the NPB chart for price history and technical indicators.
NPB income statement FAQ
What is Northpointe Bancshares's annual revenue?
Northpointe Bancshares reported total revenue of $471.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 20.7% from $390.5 million the previous year.
Is Northpointe Bancshares profitable?
Yes. Northpointe Bancshares reported net income of $83.4 million in fiscal 2025, a net profit margin of 17.7%; its operating margin was 23.4%.
What is Northpointe Bancshares's gross margin?
Northpointe Bancshares's gross margin was 50.9% in fiscal 2025: for every $100 of revenue, Northpointe Bancshares kept $51 after the direct cost of its products and services.
How fast is Northpointe Bancshares growing?
Revenue grew 67.1% a year on average over the last five fiscal years, from $36.2 million to $471.2 million.
What are Northpointe Bancshares's earnings per share?
Northpointe Bancshares earned $2.09 per diluted share in fiscal 2025, compared with $0.34 a year earlier.
When will Northpointe Bancshares report its next earnings?
Northpointe Bancshares is expected to report results for the quarter ending September 30, 2026 on October 20, 2026 after the market closes.
When does Northpointe Bancshares's fiscal year end?
Northpointe Bancshares's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 7, 2026.