Northpointe Bancshares Board Authorizes $30 Million Stock Buyback

GRAND RAPIDS, Oct. 26, 2026 - Northpointe Bancshares, Inc. (NYSE: NPB) announced that its Board of Directors authorized a new common stock repurchase program on October 22, 2026. The program permits the company to buy back up to $30 million in outstanding common stock. The authorization was issued at a board meeting held on October 22, 2026, and the program is set to expire on October 22, 2027.

Chuck Williams, Chairman and Chief Executive Officer of Northpointe Bancshares, stated that the board's decision reflects confidence in the company's business model, strong capital position, and long-term growth strategy. Williams described the repurchase program as an additional tool for the company to allocate capital prudently. He noted that the program allows the firm to continue investing in franchise growth while delivering value to shareholders.

The timing, price, and amount of any repurchases under the program will depend on several factors. These include the company's capital and financial position, market conditions, and the trading price of its common stock. Regulatory requirements and limitations, as well as applicable securities laws, will also influence execution. The repurchase program does not obligate Northpointe Bancshares to repurchase any specific amount of common stock. The company may extend, modify, suspend, or terminate the program at any time.

Northpointe Bancshares is headquartered in Grand Rapids, Michigan. It serves as the holding company for Northpointe Bank, which provides home loans and retail banking products to communities across the nation. The company's mission is to be the best bank in America by bringing value and innovation to its customers. For more information, investors can visit www.northpointe.com. Contact information for media inquiries includes Kevin Comps, President, and Brad Howes, Chief Financial Officer.