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NRIM

NRIM - Northrim BanCorp Inc Stock Price, Fair Value and News

56.25USD+0.04 (+0.07%)Market Closed

Market Summary

NRIM
USD56.25+0.04
Market Closed
0.07%

NRIM Stock Price

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NRIM RSI Chart

NRIM Valuation

Market Cap

309.4M

Price/Earnings (Trailing)

10.76

Price/Sales (Trailing)

2.24

EV/EBITDA

1.63

Price/Free Cashflow

13.48

NRIM Price/Sales (Trailing)

NRIM Profitability

EBT Margin

26.12%

Return on Equity

12.02%

Return on Assets

1.04%

Free Cashflow Yield

7.42%

NRIM Fundamentals

NRIM Revenue

Revenue (TTM)

138.0M

Rev. Growth (Yr)

20.18%

Rev. Growth (Qtr)

-0.33%

NRIM Earnings

Earnings (TTM)

28.8M

Earnings Growth (Yr)

69.75%

Earnings Growth (Qtr)

23.98%

Breaking Down NRIM Revenue

Last 7 days

8.7%

Last 30 days

25%

Last 90 days

10.6%

Trailing 12 Months

47.4%

How does NRIM drawdown profile look like?

NRIM Financial Health

NRIM Investor Care

Dividend Yield

4.28%

Dividend/Share (TTM)

2.41

Buy Backs (1Y)

2.66%

Diluted EPS (TTM)

5.13

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024138.0M000
2023110.1M118.9M125.7M132.0M
202284.1M86.8M93.1M100.3M
202180.0M81.2M82.7M84.6M
202070.5M72.2M74.2M76.7M
201966.3M68.0M69.2M70.1M
201860.4M61.1M62.2M64.2M
201758.6M58.7M59.4M60.1M
201660.2M60.0M59.5M58.9M
201557.1M58.1M59.3M59.8M
201446.7M49.1M51.8M54.3M
201344.8M45.1M45.4M46.1M
201245.3M44.9M44.9M44.7M
201148.6M47.5M46.5M45.9M
2010052.2M51.0M49.7M
200900053.5M
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Tracking the Latest Insider Buys and Sells of Northrim BanCorp Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 28, 2024
schierhorn joseph m
acquired
88,089
50.51
1,744
president, ceo, and coo
Mar 28, 2024
ballard jed w
acquired
45,560
50.51
902
evp, cfo
Dec 05, 2023
schierhorn joseph m
acquired
202,327
28.76
7,035
president, ceo, and coo
Dec 05, 2023
schierhorn joseph m
sold (taxes)
-243,289
52.66
-4,620
president, ceo, and coo
Dec 01, 2023
ballard jed w
sold (taxes)
-18,863
51.68
-365
evp, cfo
Dec 01, 2023
schierhorn joseph m
sold (taxes)
-27,028
51.68
-523
president, ceo, and coo
Nov 15, 2023
schierhorn joseph m
sold (taxes)
-159,590
48.2
-3,311
president, ceo, and coo
Nov 15, 2023
schierhorn joseph m
acquired
135,254
27.28
4,958
president, ceo, and coo
Sep 14, 2023
thomas linda c
sold
-48,900
40.75
-1,200
-
Sep 13, 2023
nelson krystal murphy
bought
25,386
40.6191
625
-

1–10 of 50

Which funds bought or sold NRIM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Clear Point Advisors Inc.
sold off
-100
-608
-
-%
May 16, 2024
Ancora Advisors LLC
reduced
-0.47
-319,275
2,313,360
0.05%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-38.94
-23,362
27,326
-%
May 15, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
added
1.92
-325,531
2,924,230
0.06%
May 15, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-4.13
-29,546
162,794
-%
May 15, 2024
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
unchanged
-
-189,000
1,422,000
-%
May 15, 2024
TWO SIGMA INVESTMENTS, LP
reduced
-15.27
-103,821
308,263
-%
May 15, 2024
TWO SIGMA ADVISERS, LP
reduced
-31.48
-244,094
373,774
-%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-74.11
-38,529
11,415
-%
May 15, 2024
Elizabeth Park Capital Advisors, Ltd.
new
-
1,838,410
1,838,410
1.52%

1–10 of 50

Are Funds Buying or Selling NRIM?

Are funds buying NRIM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NRIM
No. of Funds

Unveiling Northrim BanCorp Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.27%
291,003
SC 13G
Feb 09, 2024
dimensional fund advisors lp
8.5%
468,780
SC 13G/A
Jan 23, 2024
blackrock inc.
14.0%
771,370
SC 13G/A
Sep 05, 2023
altravue capital, llc
0%
0
SC 13G/A
Jul 07, 2023
blackrock inc.
10.0%
565,666
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
8.8%
497,803
SC 13G/A
Jan 24, 2023
blackrock inc.
9.8%
558,453
SC 13G/A
Jan 19, 2023
altravue capital, llc
6.18%
351,539
SC 13G/A
Feb 14, 2022
ameriprise financial inc
4.75%
291,772
SC 13G/A
Feb 08, 2022
altravue capital, llc
6.10%
374,699
SC 13G/A

Recent SEC filings of Northrim BanCorp Inc

View All Filings
Date Filed Form Type Document
May 03, 2024
10-Q
Quarterly Report
Apr 24, 2024
8-K
Current Report
Apr 10, 2024
8-K
Current Report
Apr 09, 2024
DEFA14A
DEFA14A
Apr 09, 2024
DEF 14A
DEF 14A
Apr 09, 2024
ARS
ARS
Apr 08, 2024
3
Insider Trading
Mar 29, 2024
8-K
Current Report
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading

Peers (Alternatives to Northrim BanCorp Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
588.1B
174.7B
13.73% 46.82%
11.68
3.37
53.11% 19.83%
307.4B
137.9B
11.58% 38.08%
12.28
2.23
56.12% -12.56%
213.0B
85.8B
6.86% 51.95%
11.35
2.48
35.02% 26.14%
122.2B
125.0B
10.16% 38.13%
15.29
0.98
37.85% -
16.9B
10.4B
12.51% 41.04%
11.81
1.62
26.22% -33.87%
14.5B
8.1B
6.72% 53.23%
16.61
1.78
32.15% -50.93%
MID-CAP
7.3B
4.2B
10.08% 41.38%
10.46
1.71
34.68% -45.96%
6.6B
4.1B
14.23% 65.05%
10.55
1.63
32.93% -30.73%
3.5B
1.3B
13.35% 57.95%
12.32
2.65
30.60% -12.99%
3.4B
2.0B
11.57% 43.03%
20.88
1.65
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
417.1M
173.1M
15.06% 27.00%
14.3
2.41
26.54% -34.86%
390.4M
152.4M
-0.90% 32.84%
39.27
2.56
16.94% -73.84%
295.5M
98.7M
10.19% 20.01%
10.04
2.99
6.27% -22.90%
48.0M
62.5M
8.95% -1.75%
-16.24
0.77
18.83% -145.18%

Northrim BanCorp Inc News

Latest updates
Yahoo Finance16 May 202412:50 pm
Yahoo Movies UK14 May 202403:01 pm
Yahoo Finance UK13 May 202403:45 pm
Yahoo Finance08 May 202407:00 am

Northrim BanCorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.3%36.0036.0034.0032.0030.0030.0028.0023.0020.0022.0021.0020.0021.0021.0020.0019.0017.0018.0018.0017.0017.00
EBITDA Margin-0.2%1.02*1.02*1.11*1.20*1.27*1.36*1.40*1.42*1.49*1.56*1.61*1.67*---------
Interest Expenses-1.1%26.0027.0026.0025.0025.0027.0026.0022.0019.0022.0020.0019.0019.0019.0018.0017.0016.0016.0016.0016.0016.00
Income Taxes33.6%2.002.002.001.001.001.003.002.002.001.003.003.003.003.004.002.000.001.002.001.001.00
Earnings Before Taxes26.0%11.008.0010.007.006.0010.0013.006.009.009.0012.0011.0016.0013.0016.0012.001.006.0010.005.005.00
EBT Margin9.1%0.26*0.24*0.26*0.30*0.32*0.38*0.41*0.42*0.50*0.57*0.63*0.69*---------
Net Income24.0%8.007.008.006.005.009.0010.005.007.008.009.008.0012.0010.0012.0010.001.005.008.004.004.00
Net Income Margin8.3%0.21*0.19*0.22*0.24*0.26*0.31*0.33*0.33*0.39*0.44*0.48*0.52*---------
Free Cashflow-113.3%-6.5849.009.00-29.063.0036.0025.00-5.0119.0038.005.0023.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.7%2,7602,8072,7902,6382,5802,6742,7182,6112,6262,7252,6102,4542,3512,1222,0982,0171,6911,6441,6171,5531,520
    Cash Equivalents-32.2%80.0011911137.0013925940733753364649234720411610189.0086.0095.0092.0071.0079.00
  Net PPE0.4%41.0041.0041.0040.0038.0038.0037.0037.0037.0037.0038.0038.0038.0038.0039.0039.0039.0038.0039.0039.0039.00
  Goodwill0%15.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.00
Liabilities-2.0%2,5202,5732,5652,4172,3562,4562,5072,3962,4002,4872,3672,2162,1201,9001,8831,8101,4941,4371,4131,3461,311
Shareholder's Equity2.0%239235225221224219211215226238242237231222215207198207204206209
  Retained Earnings2.0%241236233228226224218211209204198192186173166156148150147142140
  Additional Paid-In Capital-6.2%9.0010.0012.0014.0017.0018.0018.0018.0026.0031.0039.0040.0040.0042.0043.0045.0045.0051.0050.0057.0062.00
Shares Outstanding-0.3%5.006.006.006.006.006.006.006.006.006.006.006.00---------
Float----213---221---258---156---235-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-111.1%-5,54550,03611,408-26,8684,34937,28225,532-4,53619,84538,0685,47123,86744,583-9,43519,575-29,653-16,94121,520-4,586-26,6418,886
  Share Based Compensation-34.6%208318254225140174191190187332232229280226237238242321161122196
Cashflow From Investing151.0%22,600-44,348-55,394-126,631-28,698-130,258-56,547-172,996-45,824885-7,94426,696-178,7267,826-74,027-281,333-35,291-37,405-28,479-582-5,454
Cashflow From Financing-3521.4%-55,2211,614118,46251,040-95,790-54,595101,013-18,353-87,040114,595147,86792,732221,76816,44566,169314,58842,61819,12154,42219,121-2,037
  Dividend Payments-100.0%-3,4463,3403,3933,4212,9532,8292,3412,4482,4422,3332,3202,2932,2152,2222,1642,1992,2202,1742,0422,064
  Buy Backs-68.5%7882,5052,7112,5011,327--8,2345,9238,1181,204-2,2121,3002,366-6,310-7,1665,198205
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NRIM Income Statement

2024-03-31
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest and Dividend Income  
Interest and fees on loans and loans held for sale$ 30,450$ 23,694
Interest on investment securities available for sale3,7183,934
Dividends on marketable equity securities243168
Interest on investment securities held to maturity482474
Dividends on Federal Home Loan Bank stock7736
Interest on deposits in other banks8381,489
Total Interest and Dividend Income35,80829,795
Interest Expense  
Interest expense on deposits9,1804,583
Interest expense on borrowings8687
Interest expense on junior subordinated debentures9593
Total Interest Expense9,3614,763
Net Interest Income26,44725,032
Provision for credit losses149360
Net Interest Income After Provision for Credit Losses26,29824,672
Other Operating Income  
Mortgage banking income4,0312,008
Purchased receivable income1,345977
Unrealized gain (loss) on marketable equity securities314(223)
Other income688781
Total Other Operating Income7,8444,908
Other Operating Expense  
Salaries and other personnel expense15,41715,484
Data processing expense2,6592,355
Occupancy expense1,9621,943
Professional and outside services755722
Insurance expense779557
Marketing expense513564
Intangible asset amortization expense04
OREO expense, net rental income and gains on sale(391)26
Other operating expense1,9441,854
Total Other Operating Expense23,63823,509
Income Before Provision for Income Taxes10,5046,071
Provision for income taxes2,3051,241
Net Income$ 8,199$ 4,830
Earnings Per Share, Basic (in USD per share)$ 1.49$ 0.85
Earnings Per Share, Diluted (in USD per share)$ 1.48$ 0.84
Weighted Average Common Shares Outstanding, Basic (in shares)5,499,5785,691,432
Weighted Average Common Shares Outstanding, Diluted (in shares)5,554,9305,757,458
Bankcard fees  
Other Operating Income  
Bankcard fees and Service charges on deposit accounts$ 917$ 908
Service charges on deposit accounts  
Other Operating Income  
Bankcard fees and Service charges on deposit accounts$ 549$ 457

NRIM Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash and due from banks$ 30,159$ 27,457
Interest bearing deposits in other banks50,20591,073
Investment securities available for sale, at fair value592,479637,936
Marketable equity securities13,46713,153
Investment securities held to maturity, at amortized cost36,75036,750
Investment in Federal Home Loan Bank stock3,2362,980
Loans held for sale43,81831,974
Loans1,811,1351,789,497
Allowance for credit losses, loans(17,533)(17,270)
Net loans1,793,6021,772,227
Purchased receivables, net37,69836,842
Premises and equipment, net40,83640,693
Operating lease right-of-use assets8,8679,092
Goodwill15,01715,017
Other intangible assets, net950950
Other assets72,42171,789
Total assets2,759,5602,807,497
Deposits:  
Demand714,244749,683
Interest-bearing demand889,581927,291
Savings246,902255,338
Money market209,785221,492
Certificates of deposit less than $250,000207,645189,106
Certificates of deposit $250,000 and greater165,926142,145
Total deposits2,434,0832,485,055
Borrowings13,56913,675
Junior subordinated debentures10,31010,310
Operating lease liabilities8,8849,092
Other liabilities53,38754,647
Total liabilities2,520,2332,572,779
SHAREHOLDERS' EQUITY  
Preferred stock, $1 par value, 2,500,000 shares authorized, none issued or outstanding00
Common stock, $1 par value, 10,000,000 shares authorized, 5,499,578 and 5,513,459 issued and outstanding at March 31, 2024 and December 31, 2023, respectively5,5005,513
Additional paid-in capital9,0129,605
Retained earnings240,848236,037
Accumulated other comprehensive loss, net of tax(16,033)(16,437)
Total shareholders' equity239,327234,718
Total liabilities and shareholders' equity2,759,5602,807,497
Mortgage servicing rights  
ASSETS  
Mortgage servicing rights, at fair value$ 20,055$ 19,564
NRIM
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 in 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. It also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short-term working capital. In addition, the company offers other services comprising consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, it provides mobile web and text banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox, card control, corporate purchase cards, integrated payables, home equity advantage access cards, telebanking, and automated teller services. Additionally, the company offers personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment, People Pay, external transfer, Bill Pay, wire transfer, direct payroll deposit, electronic tax payment, Automated Clearing House origination and receipt, remote deposit capture, account reconciliation and positive pay, merchant, cash management, annuity, and long term investment portfolio products and services. It also provides investment advisory, trust, wealth management, factoring, and mortgage brokerage services. The company was founded in 1990 and is headquartered in Anchorage, Alaska.
 CEO
 WEBSITEnorthrim.com
 INDUSTRYBanks Diversified
 EMPLOYEES469

Northrim BanCorp Inc Frequently Asked Questions


What is the ticker symbol for Northrim BanCorp Inc? What does NRIM stand for in stocks?

NRIM is the stock ticker symbol of Northrim BanCorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Northrim BanCorp Inc (NRIM)?

As of Fri May 17 2024, market cap of Northrim BanCorp Inc is 309.35 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NRIM stock?

You can check NRIM's fair value in chart for subscribers.

What is the fair value of NRIM stock?

You can check NRIM's fair value in chart for subscribers. The fair value of Northrim BanCorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Northrim BanCorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NRIM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Northrim BanCorp Inc a good stock to buy?

The fair value guage provides a quick view whether NRIM is over valued or under valued. Whether Northrim BanCorp Inc is cheap or expensive depends on the assumptions which impact Northrim BanCorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NRIM.

What is Northrim BanCorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NRIM's PE ratio (Price to Earnings) is 10.76 and Price to Sales (PS) ratio is 2.24. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NRIM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Northrim BanCorp Inc's stock?

In the past 10 years, Northrim BanCorp Inc has provided 0.12 (multiply by 100 for percentage) rate of return.