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NASDAQ:NRIM

Northrim BanCorp (NRIM) Stock Price, News & Analysis

Northrim BanCorp logo
$74.97 -0.46 (-0.61%)
Closing price 03/27/2025 04:00 PM Eastern
Extended Trading
$74.88 -0.09 (-0.13%)
As of 03/27/2025 04:40 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Northrim BanCorp Stock (NASDAQ:NRIM)

Key Stats

Today's Range
$73.84
$75.89
50-Day Range
$71.69
$90.54
52-Week Range
$43.92
$91.72
Volume
23,019 shs
Average Volume
27,377 shs
Market Capitalization
$413.91 million
P/E Ratio
11.32
Dividend Yield
3.41%
Price Target
$96.50
Consensus Rating
Buy

Company 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. 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. 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 app 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 services. The company was founded in 1990 and is headquartered in Anchorage, Alaska.

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Northrim BanCorp Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
91st Percentile Overall Score

NRIM MarketRank™: 

Northrim BanCorp scored higher than 91% of companies evaluated by MarketBeat, and ranked 156th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Northrim BanCorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Northrim BanCorp has received no research coverage in the past 90 days.

  • Read more about Northrim BanCorp's stock forecast and price target.
  • Earnings Growth

    Earnings for Northrim BanCorp are expected to grow by 4.97% in the coming year, from $8.05 to $8.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Northrim BanCorp is 11.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.85.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Northrim BanCorp is 11.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.86.

  • Price to Book Value per Share Ratio

    Northrim BanCorp has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Northrim BanCorp's valuation and earnings.
  • Percentage of Shares Shorted

    0.97% of the float of Northrim BanCorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Northrim BanCorp has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Northrim BanCorp has recently increased by 29.68%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Northrim BanCorp pays a meaningful dividend of 3.43%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Northrim BanCorp has been increasing its dividend for 16 years.

  • Dividend Coverage

    The dividend payout ratio of Northrim BanCorp is 38.67%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Northrim BanCorp will have a dividend payout ratio of 30.30% next year. This indicates that Northrim BanCorp will be able to sustain or increase its dividend.

  • Read more about Northrim BanCorp's dividend.
  • Percentage of Shares Shorted

    0.97% of the float of Northrim BanCorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Northrim BanCorp has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Northrim BanCorp has recently increased by 29.68%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Northrim BanCorp has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.94 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Northrim BanCorp this week, compared to 1 article on an average week.
  • Search Interest

    2 people have searched for NRIM on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Northrim BanCorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Northrim BanCorp insiders have sold 64.10% more of their company's stock than they have bought. Specifically, they have bought $24,618.00 in company stock and sold $40,399.00 in company stock.

  • Percentage Held by Insiders

    Only 4.10% of the stock of Northrim BanCorp is held by insiders.

  • Percentage Held by Institutions

    65.99% of the stock of Northrim BanCorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Northrim BanCorp's insider trading history.
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NRIM Stock News Headlines

New “Trump” currency proposed in DC
According to one of the most connected men in Washington… A surprising new bill was just introduced in Washington. Its purpose: to put Donald Trump’s face on the $100 note. All to celebrate a new “golden age” for America.
Northrim BanCorp Inc (NRIM) stock forecast and price target
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NRIM Stock Analysis - Frequently Asked Questions

Northrim BanCorp's stock was trading at $77.94 at the beginning of 2025. Since then, NRIM shares have decreased by 3.8% and is now trading at $74.97.
View the best growth stocks for 2025 here
.

Northrim BanCorp, Inc. (NASDAQ:NRIM) announced its quarterly earnings results on Friday, January, 24th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.72. Northrim BanCorp had a trailing twelve-month return on equity of 14.86% and a net margin of 18.87%.

Top institutional investors of Northrim BanCorp include Dimensional Fund Advisors LP (8.19%), Vanguard Group Inc. (5.47%), The Manufacturers Life Insurance Company (3.85%) and Ameriprise Financial Inc. (3.38%). Insiders that own company stock include Joseph M Schierhorn, Michael G Huston, David W Karp, David J Mccambridge, John C Swalling, Jed W Ballard, Krystal Murphy Nelson, Aaron Michael Schutt, David G Wight, Joseph Marushack, Larry S Cash, Marilyn Romano, Linda C Thomas and Shauna Hegna.
View institutional ownership trends
.

Shares of NRIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Northrim BanCorp investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), Southern First Bancshares (SFST) and DiamondRock Hospitality (DRH).

Company Calendar

Record date for 12/27 Dividend
12/19/2024
Ex-Dividend for 12/27 Dividend
12/19/2024
Dividend Payable
12/27/2024
Last Earnings
1/24/2025
Record date for 3/14 Dividend
3/06/2025
Ex-Dividend for 3/14 Dividend
3/06/2025
Dividend Payable
3/14/2025
Today
3/27/2025
Next Earnings (Estimated)
4/23/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Federal savings institutions
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:NRIM
Employees
450
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$96.50
High Stock Price Target
$96.50
Low Stock Price Target
$96.50
Potential Upside/Downside
+28.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Trailing P/E Ratio
11.32
Forward P/E Ratio
9.31
P/E Growth
N/A
Net Income
$36.97 million
Pretax Margin
22.90%

Debt

Sales & Book Value

Annual Sales
$155.22 million
Cash Flow
$4.81 per share
Price / Cash Flow
15.58
Book Value
$41.54 per share
Price / Book
1.80

Miscellaneous

Free Float
5,276,000
Market Cap
$413.91 million
Optionable
Not Optionable
Beta
0.82

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This page (NASDAQ:NRIM) was last updated on 3/28/2025 by MarketBeat.com Staff
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