Northpointe Bancshares, Inc. Reports Third Quarter 2026 Results

Chuck Williams, Chairman and Chief Executive Officer of Northpointe Bancshares

“Our core operating performance remained strong, led by continued growth in our Mortgage Purchase Program (MPP) business and the successful execution of an opportunistic balance sheet acquisition strategy during the quarter.”

Chuck Williams, Chairman and Chief Executive Officer of Northpointe Bancshares

“Our third quarter financial results were negatively impacted by fair value declines driven by higher long-term interest rates and expenses associated with an isolated deposit fraud within our retail banking center, which we promptly addressed through strengthened procedures and additional controls.”

Chuck Williams, Chairman and Chief Executive Officer of Northpointe Bancshares

“Given today’s economic and operating environment, and the continued evolution of the mortgage distribution channels, we are refocusing our strategic priorities where we have the strongest competitive advantages.”

Chuck Williams, Chairman and Chief Executive Officer of Northpointe Bancshares

“This allows us to deepen client relationships, generate attractive portfolio assets, and grow relationship-based deposits, which we expect will improve operating leverage, capital efficiency and create a more robust, stable and scalable earnings profile.”

Chuck Williams, Chairman and Chief Executive Officer of Northpointe Bancshares

“We believe CMG would be a strong home for our origination team and a constructive path for our customers, referral partners and team members.”

Chuck Williams, Chairman and Chief Executive Officer of Northpointe Bancshares

“We remain highly committed to the mortgage banking industry, and believe allocating capital and resources to our businesses with the strongest client relationships and balance sheet opportunities provide us the best path forward for long-term growth and shareholder returns.”