NRIM RSI Chart
Last 7 days
6.3%
Last 30 days
-3.1%
Last 90 days
-8.0%
Trailing 12 Months
18.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 110.1M | 118.9M | 125.7M | 132.0M |
2022 | 84.1M | 86.8M | 93.1M | 100.3M |
2021 | 80.0M | 81.2M | 82.7M | 84.6M |
2020 | 70.5M | 72.2M | 74.2M | 76.7M |
2019 | 66.3M | 68.0M | 69.2M | 70.1M |
2018 | 60.4M | 61.1M | 62.2M | 64.2M |
2017 | 58.6M | 58.7M | 59.4M | 60.1M |
2016 | 60.2M | 60.0M | 59.5M | 58.9M |
2015 | 57.1M | 58.1M | 59.3M | 59.8M |
2014 | 46.7M | 49.1M | 51.8M | 54.3M |
2013 | 44.8M | 45.1M | 45.4M | 46.1M |
2012 | 45.3M | 44.9M | 44.9M | 44.7M |
2011 | 48.6M | 47.5M | 46.5M | 45.9M |
2010 | 0 | 52.2M | 51.0M | 49.7M |
2009 | 0 | 0 | 0 | 53.5M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | - |
Which funds bought or sold NRIM recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 25, 2024 | Bank of New York Mellon Corp | reduced | -9.2 | -576,419 | 2,329,830 | -% |
Apr 24, 2024 | Assenagon Asset Management S.A. | reduced | -52.97 | -590,288 | 419,182 | -% |
Apr 23, 2024 | AMALGAMATED BANK | reduced | -61.33 | -19,000 | 9,000 | -% |
Apr 22, 2024 | MetLife Investment Management, LLC | unchanged | - | 52,084 | 169,399 | -% |
Apr 19, 2024 | CALDWELL SUTTER CAPITAL, INC. | unchanged | - | -82,859 | 624,657 | 0.30% |
Apr 19, 2024 | REDMONT WEALTH ADVISORS LLC | reduced | -0.73 | -100,300 | 711,843 | 0.99% |
Apr 18, 2024 | Alaska Wealth Advisors | reduced | -11.97 | -208,032 | 725,561 | 0.11% |
Apr 18, 2024 | SeaCrest Wealth Management, LLC | sold off | -100 | -247,347 | - | -% |
Apr 12, 2024 | BALDWIN BROTHERS LLC/MA | unchanged | - | -4,355 | 32,832 | -% |
Apr 05, 2024 | CWM, LLC | new | - | - | - | -% |
Unveiling Northrim BanCorp Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Northrim BanCorp Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 557.3B | 171.1B | 11.25 | 3.26 | ||||
BAC | 297.7B | 130.3B | 11.23 | 2.29 | ||||
WFC | 214.3B | 85.7B | 11.19 | 2.5 | ||||
C | 119.7B | 133.3B | 12.97 | 0.9 | ||||
CFG | 16.1B | 10.2B | 10.02 | 1.58 | ||||
KEY | 13.7B | 7.9B | 14.19 | 1.73 | ||||
MID-CAP | ||||||||
CMA | 6.9B | 4.2B | 9.92 | 1.62 | ||||
ZION | 6.2B | 3.9B | 9.1 | 1.57 | ||||
ABCB | 3.3B | 1.3B | 12.27 | 2.58 | ||||
ASB | 3.3B | 2.0B | 17.81 | 1.66 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
ALRS | 400.7M | 164.9M | 34.26 | 2.43 | ||||
AROW | 378.6M | 162.6M | 12.59 | 2.33 | ||||
ACNB | 280.5M | 96.6M | 8.85 | 2.9 | ||||
ASRV | 45.1M | 60.9M | -13.48 | 0.74 |
Northrim BanCorp Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 4.4% | 36.00 | 34.00 | 32.00 | 30.00 | 30.00 | 28.00 | 23.00 | 20.00 | 22.00 | 21.00 | 20.00 | 21.00 | 21.00 | 20.00 | 19.00 | 17.00 | 18.00 | 18.00 | 17.00 | 17.00 | 17.00 |
EBITDA Margin | -6.2% | 1.02* | 1.09* | 1.20* | 1.27* | 1.36* | 1.40* | 1.42* | 1.49* | 1.56* | 1.61* | 1.67* | 1.68* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 1.4% | 27.00 | 26.00 | 25.00 | 25.00 | 27.00 | 26.00 | 22.00 | 19.00 | 22.00 | 20.00 | 19.00 | 19.00 | 19.00 | 18.00 | 17.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 |
Income Taxes | -8.8% | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 3.00 | 2.00 | 2.00 | 1.00 | 3.00 | 3.00 | 3.00 | 3.00 | 4.00 | 2.00 | 0.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 |
Earnings Before Taxes | -18.8% | 8.00 | 10.00 | 7.00 | 6.00 | 10.00 | 13.00 | 6.00 | 9.00 | 9.00 | 12.00 | 11.00 | 16.00 | 13.00 | 16.00 | 12.00 | 1.00 | 6.00 | 10.00 | 5.00 | 5.00 | 6.00 |
EBT Margin | -9.3% | 0.24* | 0.26* | 0.30* | 0.32* | 0.38* | 0.41* | 0.42* | 0.50* | 0.57* | 0.63* | 0.69* | 0.71* | - | - | - | - | - | - | - | - | - |
Net Income | -21.0% | 7.00 | 8.00 | 6.00 | 5.00 | 9.00 | 10.00 | 5.00 | 7.00 | 8.00 | 9.00 | 8.00 | 12.00 | 10.00 | 12.00 | 10.00 | 1.00 | 5.00 | 8.00 | 4.00 | 4.00 | 5.00 |
Net Income Margin | -11.6% | 0.19* | 0.22* | 0.24* | 0.26* | 0.31* | 0.33* | 0.33* | 0.39* | 0.44* | 0.48* | 0.52* | 0.55* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 436.5% | 49.00 | 9.00 | -29.06 | 3.00 | 36.00 | 25.00 | -5.01 | 19.00 | 38.00 | 5.00 | 23.00 | 44.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.6% | 2,807 | 2,790 | 2,638 | 2,580 | 2,674 | 2,718 | 2,611 | 2,626 | 2,725 | 2,610 | 2,454 | 2,351 | 2,122 | 2,098 | 2,017 | 1,691 | 1,644 | 1,617 | 1,553 | 1,520 | 1,503 |
Cash Equivalents | 6.6% | 119 | 111 | 37.00 | 139 | 259 | 407 | 337 | 533 | 646 | 492 | 347 | 204 | 116 | 101 | 89.00 | 86.00 | 95.00 | 92.00 | 71.00 | 79.00 | 78.00 |
Net PPE | -0.6% | 41.00 | 41.00 | 40.00 | 38.00 | 38.00 | 37.00 | 37.00 | 37.00 | 37.00 | 38.00 | 38.00 | 38.00 | 38.00 | 39.00 | 39.00 | 39.00 | 38.00 | 39.00 | 39.00 | 39.00 | 39.00 |
Goodwill | 0% | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
Liabilities | 0.3% | 2,573 | 2,565 | 2,417 | 2,356 | 2,456 | 2,507 | 2,396 | 2,400 | 2,487 | 2,367 | 2,216 | 2,120 | 1,900 | 1,883 | 1,810 | 1,494 | 1,437 | 1,413 | 1,346 | 1,311 | 1,297 |
Shareholder's Equity | 4.2% | 235 | 225 | 221 | 224 | 219 | 211 | 215 | 226 | 238 | 242 | 237 | 231 | 222 | 215 | 207 | 198 | 207 | 204 | 206 | 209 | 206 |
Retained Earnings | 1.4% | 236 | 233 | 228 | 226 | 224 | 218 | 211 | 209 | 204 | 198 | 192 | 186 | 173 | 166 | 156 | 148 | 150 | 147 | 142 | 140 | 137 |
Additional Paid-In Capital | -20.0% | 10.00 | 12.00 | 14.00 | 17.00 | 18.00 | 18.00 | 18.00 | 26.00 | 31.00 | 39.00 | 40.00 | 40.00 | 42.00 | 43.00 | 45.00 | 45.00 | 51.00 | 50.00 | 57.00 | 62.00 | 62.00 |
Shares Outstanding | -0.6% | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 213 | - | - | - | 221 | - | - | - | 258 | - | - | - | 156 | - | - | - | 235 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 338.6% | 50,036 | 11,408 | -26,868 | 4,349 | 37,282 | 25,532 | -4,536 | 19,845 | 38,068 | 5,471 | 23,867 | 44,583 | -9,435 | 19,575 | -29,653 | -16,941 | 21,520 | -4,586 | -26,641 | 8,886 | 27,362 |
Share Based Compensation | 25.2% | 318 | 254 | 225 | 140 | 174 | 191 | 190 | 187 | 332 | 232 | 229 | 280 | 226 | 237 | 238 | 242 | 321 | 161 | 122 | 196 | 326 |
Cashflow From Investing | 19.9% | -44,348 | -55,394 | -126,631 | -28,698 | -130,258 | -56,547 | -172,996 | -45,824 | 885 | -7,944 | 26,696 | -178,726 | 7,826 | -74,027 | -281,333 | -35,291 | -37,405 | -28,479 | -582 | -5,454 | -14,276 |
Cashflow From Financing | -98.6% | 1,614 | 118,462 | 51,040 | -95,790 | -54,595 | 101,013 | -18,353 | -87,040 | 114,595 | 147,867 | 92,732 | 221,768 | 16,445 | 66,169 | 314,588 | 42,618 | 19,121 | 54,422 | 19,121 | -2,037 | -5,727 |
Dividend Payments | 3.2% | 3,446 | 3,340 | 3,393 | 3,421 | 2,953 | 2,829 | 2,341 | 2,448 | 2,442 | 2,333 | 2,320 | 2,293 | 2,215 | 2,222 | 2,164 | 2,199 | 2,220 | 2,174 | 2,042 | 2,064 | 1,946 |
Buy Backs | -7.6% | 2,505 | 2,711 | 2,501 | 1,327 | - | - | 8,234 | 5,923 | 8,118 | 1,204 | - | 2,212 | 1,300 | 2,366 | - | 6,310 | - | 7,166 | 5,198 | 205 | 494 |
Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest and Dividend Income | |||
Interest and fees on loans and loans held for sale | $ 108,612 | $ 82,785 | $ 79,241 |
Interest on investment securities available for sale | 15,833 | 9,679 | 3,339 |
Dividends on marketable equity securities | 766 | 563 | 440 |
Interest on investment securities held to maturity | 1,893 | 1,511 | 1,037 |
Dividends on Federal Home Loan Bank stock | 203 | 125 | 102 |
Interest on deposits in other banks | 4,644 | 5,665 | 447 |
Total Interest Income | 131,951 | 100,328 | 84,606 |
Interest Expense | |||
Interest expense on deposits | 26,511 | 4,485 | 3,077 |
Interest expense on borrowings | 1,784 | 339 | 320 |
Interest expense on junior subordinated debentures | 400 | 389 | 382 |
Total Interest Expense | 28,695 | 5,213 | 3,779 |
Net Interest Income | 103,256 | 95,115 | 80,827 |
Provision (benefit) for credit losses | 3,842 | 1,846 | (4,099) |
Net Interest Income After Provision (Benefit) for Credit Losses | 99,414 | 93,269 | 84,926 |
Other Operating Income | |||
Mortgage banking income | 12,763 | 21,572 | 42,144 |
Purchased receivable income | 4,482 | 2,002 | 2,259 |
Commercial servicing revenue | 554 | 1,628 | 306 |
Unrealized gain (loss) on marketable equity securities | 120 | (1,119) | (101) |
Keyman insurance proceeds | 0 | 2,002 | 0 |
Gain on sale of marketable equity securities, net | 0 | 0 | 67 |
Other income | 2,550 | 2,684 | 2,902 |
Total Other Operating Income | 26,375 | 34,077 | 52,263 |
Other Operating Expense | |||
Salaries and other personnel expense | 61,741 | 58,172 | 60,412 |
Data processing expense | 9,821 | 8,926 | 8,567 |
Occupancy expense | 7,394 | 6,915 | 7,078 |
Professional and outside services | 3,128 | 2,993 | 2,801 |
Marketing expense | 2,929 | 2,747 | 2,741 |
Insurance expense | 2,519 | 2,054 | 1,593 |
OREO (income) expense, net of rental income and gains on sale | (794) | 500 | (432) |
Intangible asset amortization expense | 17 | 25 | 37 |
Other operating expense | 7,426 | 6,520 | 6,399 |
Total Other Operating Expense | 94,181 | 88,852 | 89,196 |
Income Before Provision for Income Taxes | 31,608 | 38,494 | 47,993 |
Provision for income taxes | 6,214 | 7,753 | 10,476 |
Net Income | $ 25,394 | $ 30,741 | $ 37,517 |
Earnings per share, Basic (in USD per share) | $ 4.53 | $ 5.33 | $ 6.07 |
Earnings per share, Diluted (in USD per share) | $ 4.49 | $ 5.27 | $ 6.00 |
Weighted Average Shares Outstanding, Basic (in shares) | 5,601,471 | 5,765,088 | 6,180,801 |
Weighted Average Shares Outstanding, Diluted (in shares) | 5,661,460 | 5,829,412 | 6,249,313 |
Bankcard fees | |||
Other Operating Income | |||
Revenue from contract with customer | $ 3,862 | $ 3,697 | $ 3,389 |
Service charges on deposit accounts | |||
Other Operating Income | |||
Revenue from contract with customer | $ 2,044 | $ 1,611 | $ 1,297 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Cash and due from banks | $ 27,457 | $ 27,747 |
Interest bearing deposits in other banks | 91,073 | 231,603 |
Investment securities available for sale, at fair value | 637,936 | 677,029 |
Marketable equity securities | 13,153 | 10,740 |
Investment securities held to maturity, at amortized cost | 36,750 | 36,750 |
Investment in Federal Home Loan Bank stock, at cost | 2,980 | 3,816 |
Loans held for sale | 31,974 | 27,538 |
Loans | 1,789,497 | 1,501,785 |
Allowance for credit losses, loans | (17,270) | (13,838) |
Net loans | 1,772,227 | 1,487,947 |
Purchased receivables, net | 36,842 | 19,994 |
Premises and equipment, net | 40,693 | 37,821 |
Operating lease right-of-use assets | 9,092 | 9,868 |
Goodwill | 15,017 | 15,017 |
Other intangible assets, net | 950 | 967 |
Other assets | 71,789 | 68,846 |
Total assets | 2,807,497 | 2,674,318 |
Deposits: | ||
Demand | 749,683 | 797,434 |
Interest-bearing demand | 927,291 | 767,686 |
Savings | 255,338 | 320,917 |
Money market | 221,492 | 308,317 |
Certificates of deposit less than $250,000 | 189,106 | 115,330 |
Certificates of deposit $250,000 and greater | 142,145 | 77,527 |
Total deposits | 2,485,055 | 2,387,211 |
Borrowings | 13,675 | 14,095 |
Junior subordinated debentures | 10,310 | 10,310 |
Operating lease liabilities | 9,092 | 9,865 |
Other liabilities | 54,647 | 34,208 |
Total liabilities | 2,572,779 | 2,455,689 |
COMMITMENTS AND CONTINGENCIES (NOTE 18) | ||
SHAREHOLDERS' EQUITY | ||
Preferred stock, $1 par value, 2,500,000 shares authorized, none issued or outstanding | 0 | 0 |
Common stock, $1 par value, 10,000,000 shares authorized, 5,513,459 and 5,700,728 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 5,513 | 5,701 |
Additional paid-in capital | 9,605 | 17,784 |
Retained earnings | 236,037 | 224,225 |
Accumulated other comprehensive (loss), net of tax | (16,437) | (29,081) |
Total shareholders' equity | 234,718 | 218,629 |
Total liabilities and shareholders' equity | 2,807,497 | 2,674,318 |
Mortgage servicing rights | ||
ASSETS | ||
Mortgage servicing rights, at fair value | $ 19,564 | $ 18,635 |