Northpointe Bancshares, Inc. · NYSE:NPB
Northpointe Bancshares — Q1 2026 Earnings Presentation
15 slides from Northpointe Bancshares's earnings presentation, Apr 22, 2026
Slide 1: First Quarter 2026 Earnings Call Presentation
First Quarter 2026 Earnings Call Presentation April 22, 2026
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements Statements in this presentation regarding future events and our expectations and beliefs about our future financial performance and financial condition, as well as trends in our business and markets, constitute “forward-looking statements” within the meaning of,
Slide 3: Agenda
Agenda • Formal Remarks • Chuck Williams, Chairman & CEO • Kevin Comps, President • Bradley Howes, CFO • Question and Answer Session Chuck A. Williams Kevin J. Comps Bradley T. Howes Chairman & CEO President Executive Vice President and CFO 3
Slide 4: Delivering Strong Performance Despite Economic Volatility
Delivering Strong Performance Despite Economic Volatility Net Income available to common stockholders $25 $21.7 Millions $20.1 $20 $18.0 $18.4 $15.0 $15 $10 $5 $0 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Tangible book value per share (1) $17.00 $16.35 $16.50 $16.00 $15.74 $15.50 $15.23 $15.00 $14.67
Slide 5: First Quarter 2026 Highlights
First Quarter 2026 Highlights (compared to prior quarter) • Net income to common stockholders of $21.7 million Earnings • $0.62 per diluted share • Return on average assets (annualized) of 1.28% • Return on average equity (annualized) of 15.32% Performance Ratios • Return on average tangible common
Slide 6: Mortgage Purchase Program (MPP)
Mortgage Purchase Program (MPP) Program Overview First Quarter 2026 Highlights Total loans funded (purchased) $11.2 billion ▪ National mortgage purchase program (warehouse lending) ▪ Purchase program available to Mortgage Bankers nationwide Total loans sold $10.7 billion ▪ Aggregated purchased loans
Slide 7: Retail Banking
Retail Banking 1 2 3 Residential Lending Digital Deposit Banking Specialized Mortgage Servicing ▪ National distributed retail mortgage franchise ▪ Direct to customer deposit platform and ▪ Focus on servicing first-lien home equity product suite lines tied seamlessly to demand deposit ▪ Consumer dire
Slide 8: Asset Quality
Asset Quality Overview First Quarter 2026 Metrics ▪ Strong underwriting and diligent risk controls with low history of losses ACL to loans held for investment 0.15% ▪ High-quality, seasoned residential mortgage loan portfolio ACL to non-accrual loans 12.07% ▪ Average LTV (with insurance) of 72%, FIC
Slide 9: Summary Income Statement
Summary Income Statement For the Quarter Ended ($ in 000s, except per share data) Q1 2026 Q4 2025 Q1 2025 Interest income $ 101,503 $ 106,123 $ 79,150 Interest expense 60,230 62,626 48,761 Net interest income before provision 41,273 43,497 30,389 Provision (benefit) for credit losses and unfunded co
Slide 10: Summary Balance Sheet
Summary Balance Sheet For the Quarter Ended ($ in 000s, except per share data) Q1 2026 Q4 2025 Q1 2025 ASSETS: Total Assets $ 7,395,877 $ 7,022,825 $ 5,859,655 Cash and cash equivalents 487,617 496,459 321,499 Securities 86,332 86,194 79,493 Loans held for sale, at fair value 297,243 309,213 207,633
Slide 11: Estimated Regulatory Capital Ratios
Estimated Regulatory Capital Ratios Northpointe Bank Regulatory Capital Ratios – At March 31, 2026 (1) 14.00% 12.00% 11.05% 10.89% 10.89% 9.75% 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% Total Capital (to Risk Weighted Tier 1 (Core) Capital (to Risk CET 1 Capital Ratio (to Risk Tier 1 Capital (to Average
Slide 12: Appendix
APPENDIX
Slide 13: Loan and Deposit Details
Loan and Deposit Details Loan Portfolio Composition Deposit Composition $6.7 billion at March 31, 2026 $5.0 billion at March 31, 2026 Noninterest- Total Loans Held Construction, bearing for Sale (HFS), 0.16% Other demand, 4.43% Consumer/Home Other time 5.54% Equity, 0.75% deposits, All-in-One (AIO),
Slide 14: Fair Value Trends and Net Gain on Sale of Loans Reconciliation
Fair Value Trends and Net Gain on Sale of Loans Reconciliation (Dollars in thousands) Increase (Decrease) in Fair Value Recorded During Quarter Fair Value Asset Income Statement Category Q1 2026 Q4 2025 Q1 2025 Mortgage servicing rights (MSR) Loan servicing fees $ 1,322 $ (1,101) $ (707) Lender risk
Slide 15: Non-GAAP Reconciliation
Non-GAAP Reconciliation Non-GAAP Measures Reconciliation As of or for the Three Months Ended Mar 31, Dee 31, Mar 31, (Dollars in thousands) 2026 2025 2025 ‘Stockholders’ equity (GAAP) S 589,993 $ = 569,042 § ~——-586,522 Less: Preferred stock 24,979 24,979 98,734 Less: Intangible assets, net of DTL 1
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