Northpointe Bancshares Announces Sale of Residential Mortgage Channels

• Northpointe Bancshares announced a non-binding agreement to sell its residential mortgage origination channels.
• The sale aims to eliminate unprofitable origination overhead and redirect capital towards higher-margin specialty finance lines.
• The announcement was made during the third-quarter 2026 earnings call on Oct. 21, 2026.
• Northpointe Bancshares also announced a common stock repurchase program.
• The company's management highlighted three key takeaways for long-term investors.