NRIM Stock Overview
Operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Northrim BanCorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$76.48 |
| 52 Week High | US$91.72 |
| 52 Week Low | US$43.92 |
| Beta | 0.83 |
| 1 Month Change | -13.58% |
| 3 Month Change | 9.76% |
| 1 Year Change | 30.49% |
| 3 Year Change | 77.98% |
| 5 Year Change | 101.42% |
| Change since IPO | 2,201.77% |
Recent News & Updates
Recent updates
Northrim BanCorp: Rosy Earnings Outlook Appears Priced-In
Oct 20Northrim BanCorp (NASDAQ:NRIM) Is Paying Out A Larger Dividend Than Last Year
Aug 29
Northrim BanCorp: Still Marginally Attractive Despite Some Weak Spots
May 13Northrim BanCorp: The Golden Moment Continues
Jan 31Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's
Jan 30Northrim BanCorp: Margin's High Rate-Sensitivity To Benefit Earnings
Oct 05Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's
Aug 29Northrim BanCorp raises dividend by 22% to $0.50
Aug 26Northrim BanCorp: High Oil Prices, Interest Rates To Salvage Earnings
Jul 21Northrim: A Cheap Alaskan Bank Faces Some Headwinds In 2022
May 07Northrim BanCorp: Topline Growth To Counter Mortgage Refinancing Normalization
Feb 17Northrim BanCorp: Regional Economy, Company-Specific Factors Likely To Limit Earnings
Oct 26Northrim BanCorp's (NASDAQ:NRIM) Dividend Will Be Increased To US$0.38
Aug 30Northrim BanCorp: Strong Loan Growth, Subdued Credit Costs To Lift Earnings
Jul 22Shareholder Returns
| NRIM | US Banks | US Market | |
|---|---|---|---|
| 7D | -10.5% | -3.4% | -2.4% |
| 1Y | 30.5% | 29.1% | 23.4% |
Return vs Industry: NRIM exceeded the US Banks industry which returned 29.1% over the past year.
Return vs Market: NRIM exceeded the US Market which returned 23.4% over the past year.
Price Volatility
| NRIM volatility | |
|---|---|
| NRIM Average Weekly Movement | 6.8% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NRIM has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NRIM's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 472 | Mike Huston | www.northrim.com |
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates through two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts.
Northrim BanCorp, Inc. Fundamentals Summary
| NRIM fundamental statistics | |
|---|---|
| Market cap | US$420.79m |
| Earnings (TTM) | US$32.66m |
| Revenue (TTM) | US$141.59m |
12.9x
P/E Ratio1.6x
P/B RatioIs NRIM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NRIM income statement (TTM) | |
|---|---|
| Revenue | US$141.59m |
| Cost of Revenue | US$0 |
| Gross Profit | US$141.59m |
| Other Expenses | US$108.93m |
| Earnings | US$32.66m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.94 |
| Gross Margin | 100.00% |
| Net Profit Margin | 23.06% |
| Debt/Equity Ratio | 12.6% |
How did NRIM perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield41%
Payout RatioDoes NRIM pay a reliable dividends?
See NRIM dividend history and benchmarks| Northrim BanCorp dividend dates | |
|---|---|
| Ex Dividend Date | Dec 19 2024 |
| Dividend Pay Date | Dec 27 2024 |
| Days until Ex dividend | 3 days |
| Days until Dividend pay date | 5 days |
Does NRIM pay a reliable dividends?
See NRIM dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Northrim BanCorp, Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Martin | FIG Partners |
| Brian Martin | Janney Montgomery Scott LLC |
| Donald Worthington | Raymond James & Associates |