Northrim Bancorp Stock Performance
| NRIM Stock | USD 88.08 0.42 0.47% |
On a scale of 0 to 100, Northrim BanCorp holds a performance score of 12. The company secures a Beta (Market Risk) of 2.66, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Northrim BanCorp will likely underperform. Please check Northrim BanCorp's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Northrim BanCorp's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Northrim BanCorp are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating forward indicators, Northrim BanCorp displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.27 | Five Day Return 11.14 | Year To Date Return 57.75 | Ten Year Return 223.3 | All Time Return 2.3 K |
Forward Dividend Yield 0.028 | Payout Ratio 0.4334 | Last Split Factor 105:100 | Forward Dividend Rate 2.48 | Dividend Date 2024-09-13 |
| Northrim BanCorp dividend paid on 13th of September 2024 | 09/13/2024 |
1 | Heres Why Momentum in Northrim Should Keep Going | 09/16/2024 |
2 | Northrim BanCorp Earns 8.8 Million, or 1.57 Per Diluted Share, in Third Quarter 2024 | 10/23/2024 |
3 | Northrim earnings beat by 0.04, revenue topped estimates | 10/24/2024 |
4 | Northrim BanCorp Posts Quarterly Earnings Results, Beats Expectations By 0.04 EPS | 10/25/2024 |
5 | Northrim BanCorp Announces Acquisition of Sallyport Commercial Finance, LLC | 11/01/2024 |
6 | Is Northrim BanCorp, Inc. Among The Top Dividend Contenders Right Now | 11/13/2024 |
7 | Recent Price Trend in Northrim is Your Friend, Heres Why | 11/14/2024 |
8 | Disposition of 3830 shares by Joseph Schierhorn of Northrim BanCorp at 28.1 subject to Rule 16b-3 | 11/19/2024 |
9 | Northrim BanCorp stock soars to all-time high of 85.07 By Investing.com - Investing.com South Africa | 11/21/2024 |
| Begin Period Cash Flow | 259.4 M |
Northrim |
Northrim BanCorp Relative Risk vs. Return Landscape
If you would invest 6,684 in Northrim BanCorp on August 28, 2024 and sell it today you would earn a total of 2,124 from holding Northrim BanCorp or generate 31.78% return on investment over 90 days. Northrim BanCorp is currently generating 0.4793% in daily expected returns and assumes 2.9261% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of stocks are less volatile than Northrim, and 91% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Northrim BanCorp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northrim BanCorp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Northrim BanCorp, and traders can use it to determine the average amount a Northrim BanCorp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1638
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Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Northrim BanCorp is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northrim BanCorp by adding it to a well-diversified portfolio.
Northrim BanCorp Fundamentals Growth
Northrim Stock prices reflect investors' perceptions of the future prospects and financial health of Northrim BanCorp, and Northrim BanCorp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Northrim Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0114 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 414.11 M | ||||
| Shares Outstanding | 5.5 M | ||||
| Price To Earning | 7.99 X | ||||
| Price To Book | 1.87 X | ||||
| Price To Sales | 3.44 X | ||||
| Revenue | 125.79 M | ||||
| Gross Profit | 125.34 M | ||||
| EBITDA | 17 K | ||||
| Net Income | 25.39 M | ||||
| Cash And Equivalents | 406.92 M | ||||
| Cash Per Share | 71.63 X | ||||
| Total Debt | 33.08 M | ||||
| Debt To Equity | 0.12 % | ||||
| Book Value Per Share | 47.27 X | ||||
| Cash Flow From Operations | 38.92 M | ||||
| Earnings Per Share | 5.86 X | ||||
| Market Capitalization | 486.92 M | ||||
| Total Asset | 2.81 B | ||||
| Retained Earnings | 236.04 M | ||||
About Northrim BanCorp Performance
By examining Northrim BanCorp's fundamental ratios, stakeholders can obtain critical insights into Northrim BanCorp's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Northrim BanCorp is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.6 K | 1.7 K | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.11 | 0.08 |
Things to note about Northrim BanCorp performance evaluation
Checking the ongoing alerts about Northrim BanCorp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Northrim BanCorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 73.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Northrim BanCorp stock soars to all-time high of 85.07 By Investing.com - Investing.com South Africa |
- Analyzing Northrim BanCorp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Northrim BanCorp's stock is overvalued or undervalued compared to its peers.
- Examining Northrim BanCorp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Northrim BanCorp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northrim BanCorp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Northrim BanCorp's stock. These opinions can provide insight into Northrim BanCorp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim BanCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrim BanCorp. If investors know Northrim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrim BanCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.061 | Dividend Share 2.46 | Earnings Share 5.86 | Revenue Per Share 25.726 | Quarterly Revenue Growth 0.157 |
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.