Update: Northpointe Bancshares Q3 Earnings, Revenue Fall

05:39 AM EDT, 10/21/2026 (MT Newswires) -- (Updates with mortgage channel sale details in the fifth paragraph.) Northpointe Bancshares (NPB) reported Q3 earnings late Tuesday of $0.39 per diluted share, down from $0.57 a year earlier. Three analysts polled by FactSet expected $0.60. Revenue in the three months ended Sept. 30, expressed as the sum of net interest income and total noninterest income, fell to $55.9 million from $64.4 million a year earlier. Two analysts projected $62.2 million. The company has entered into a nonbinding letter of intent to sell the distributed retail and consumer direct mortgage origination channels to CMG Financial and its affiliates, with the deal expected to close by the end of the year, Northpointe said.