NRIM Stock Overview
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for NRIM from our risk checks.
Northrim BanCorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$47.97 |
| 52 Week High | US$59.90 |
| 52 Week Low | US$33.29 |
| Beta | 0.71 |
| 1 Month Change | -2.14% |
| 3 Month Change | -10.50% |
| 1 Year Change | 15.31% |
| 3 Year Change | 12.39% |
| 5 Year Change | 36.71% |
| Change since IPO | 1,343.72% |
Recent News & Updates
Recent updates
Northrim BanCorp: The Golden Moment Continues
Jan 31Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's
Jan 30
Northrim 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 22Northrim BanCorp declares $0.37 dividend
May 28Shareholders Will Probably Not Have Any Issues With Northrim BanCorp, Inc.'s (NASDAQ:NRIM) CEO Compensation
May 22Northrim BanCorp EPS beats by $0.54
Apr 26Should You Buy Northrim BanCorp, Inc. (NASDAQ:NRIM) For Its Upcoming Dividend?
Mar 05If You Like EPS Growth Then Check Out Northrim BanCorp (NASDAQ:NRIM) Before It's Too Late
Feb 22Northrim BanCorp expands stock repurchase program
Feb 01How Does Northrim BanCorp, Inc. (NASDAQ:NRIM) Stand Up To These Simple Dividend Safety Checks?
Feb 01
How Much Of Northrim BanCorp, Inc. (NASDAQ:NRIM) Do Institutions Own?
Jan 05Shareholder Returns
| NRIM | US Banks | US Market | |
|---|---|---|---|
| 7D | 6.4% | 6.8% | 1.2% |
| 1Y | 15.3% | 34.4% | 24.9% |
Return vs Industry: NRIM underperformed the US Banks industry which returned 34.4% over the past year.
Return vs Market: NRIM underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| NRIM volatility | |
|---|---|
| NRIM Average Weekly Movement | 6.0% |
| Banks Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NRIM has not had significant price volatility in the past 3 months.
Volatility Over Time: NRIM's weekly volatility (6%) 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$263.81m |
| Earnings (TTM) | US$28.76m |
| Revenue (TTM) | US$130.35m |
9.2x
P/E Ratio1.1x
P/B RatioIs NRIM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NRIM income statement (TTM) | |
|---|---|
| Revenue | US$130.35m |
| Cost of Revenue | US$0 |
| Gross Profit | US$130.35m |
| Other Expenses | US$101.59m |
| Earnings | US$28.76m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.23 |
| Gross Margin | 100.00% |
| Net Profit Margin | 22.07% |
| Debt/Equity Ratio | 10.0% |
How did NRIM perform over the long term?
See historical performance and comparison