Northrim BanCorp Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $40.22
- Today's High:
- $41.02
- Open Price:
- $40.59
- 52W Low:
- $32.3374
- 52W High:
- $54.0162
- Prev. Close:
- $40.25
- Volume:
- 11790
Company Statistics
- Market Cap.:
- $224.95 million
- Book Value:
- 39.448
- Revenue TTM:
- $127.81 million
- Operating Margin TTM:
- 30.29%
- Gross Profit TTM:
- $125.34 million
- Profit Margin:
- 22.79%
- Return on Assets TTM:
- 1.11%
- Return on Equity TTM:
- 13.34%
Company Profile
Northrim BanCorp Inc had its IPO on 1993-10-25 under the ticker symbol NRIM.
The company operates in the Financial Services sector and Banks-Regional industry. Northrim BanCorp Inc has a staff strength of 469 employees.
Stock update
Shares of Northrim BanCorp Inc opened at $40.59 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $40.22 - $41.02, and closed at $40.87.
This is a +1.54% increase from the previous day's closing price.
A total volume of 11,790 shares were traded at the close of the day’s session.
In the last one week, shares of Northrim BanCorp Inc have slipped by -2.22%.
Northrim BanCorp Inc's Key Ratios
Northrim BanCorp Inc has a market cap of $224.95 million, indicating a price to book ratio of 1.4888 and a price to sales ratio of 2.4192.
In the last 12-months Northrim BanCorp Inc’s revenue was $127.81 million with a gross profit of $125.34 million and an EBITDA of $0. The EBITDA ratio measures Northrim BanCorp Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Northrim BanCorp Inc’s operating margin was 30.29% while its return on assets stood at 1.11% with a return of equity of 13.34%.
In Q2, Northrim BanCorp Inc’s quarterly earnings growth was a positive 18.1% while revenue growth was a positive 3.9%.
Northrim BanCorp Inc’s PE and PEG Ratio
- Forward PE
- 8.2576
- Trailing PE
- 7.9545
- PEG
- 0
Its diluted EPS in the last 12-months stands at $5.06 per share while it has a forward price to earnings multiple of 8.2576 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Northrim BanCorp Inc’s profitability.
Northrim BanCorp Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.4192.
Northrim BanCorp Inc stock pays annual dividends of $2.3 per share, indicating a yield of 5.96% and a payout ratio of 45.45%.
Balance sheet and cash flow metrics
- Total Assets
- $2.64 billion
- Total Liabilities
- $10.09 million
- Operating Cash Flow
- $-126631000.00
- Capital Expenditure
- $2.20 million
- Dividend Payout Ratio
- 45.45%
Northrim BanCorp Inc ended 2024 with $2.64 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.64 billion while shareholder equity stood at $221.34 million.
Northrim BanCorp Inc ended 2024 with $0 in deferred long-term liabilities, $10.09 million in other current liabilities, 5611000.00 in common stock, $227.76 million in retained earnings and $15.98 million in goodwill. Its cash balance stood at $36.75 million and cash and short-term investments were $705.95 million. The company’s total short-term debt was $10,087,000 while long-term debt stood at $75.20 million.
Northrim BanCorp Inc’s total current assets stands at $727.81 million while long-term investments were $718.49 million and short-term investments were $671.14 million. Its net receivables were $21.87 million compared to accounts payable of $0 and inventory worth $0.
In 2024, Northrim BanCorp Inc's operating cash flow was $-126631000.00 while its capital expenditure stood at $2.20 million.
Comparatively, Northrim BanCorp Inc paid $0.45 in dividends in 2024.
Other key metrics
- Current Trading Price
- $40.87
- 52-Week High
- $54.0162
- 52-Week Low
- $32.3374
- Analyst Target Price
- $58
Northrim BanCorp Inc stock is currently trading at $40.87 per share. It touched a 52-week high of $54.0162 and a 52-week low of $54.0162. Analysts tracking the stock have a 12-month average target price of $58.
Its 50-day moving average was $43.24 and 200-day moving average was $45.17 The short ratio stood at 2.76 indicating a short percent outstanding of 0%.
Around 291% of the company’s stock are held by insiders while 6659.6% are held by institutions.
Frequently Asked Questions About Northrim BanCorp Inc
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About
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.