Northpointe Bancshares Q2 FY26 net income falls 1.88% to $21.3 million
NPB•Assets and deposits increase
Total assets climbed 1.8% to $7.53 billion from Q1, with deposits up 4.6% to $5.23 billion. CEO Chuck Williams cited strong momentum in the Mortgage Purchase Program.
Revenue, margin and credit results
Net interest income before provision rose 2.7% to $42.4 million from Q1; net interest margin narrowed 9 basis points to 2.33%.
Provision for credit losses totaled $210,000, swinging from a $445,000 benefit in Q1; net charge-offs were $528,000, or 0.03% of average loans.
Non-interest income slipped 1.1% to $21.9 million, as net gain on sale of loans edged up to $17 million from $16.5 million.
Q2 net income and EPS decline from Q1
Northpointe Bancshares posted Q2 2026 net income to common stockholders of , or , down from Q1.
