Northrim Bancorp Stock Fundamentals
| NRIM Stock | USD 88.08 0.42 0.47% |
Northrim BanCorp fundamentals help investors to digest information that contributes to Northrim BanCorp's financial success or failures. It also enables traders to predict the movement of Northrim Stock. The fundamental analysis module provides a way to measure Northrim BanCorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Northrim BanCorp stock.
At this time, Northrim BanCorp's Gross Profit is very stable compared to the past year. As of the 25th of November 2024, Total Other Income Expense Net is likely to grow to about 5.5 M, though EBIT is likely to grow to (4.2 M). Northrim | Select Account or Indicator |
Northrim BanCorp Company Return On Equity Analysis
Northrim BanCorp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Northrim BanCorp Return On Equity | 0.13 |
Most of Northrim BanCorp's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northrim BanCorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Northrim Total Stockholder Equity
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Based on the latest financial disclosure, Northrim BanCorp has a Return On Equity of 0.1346. This is 90.72% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 143.42% lower than that of the firm.
Northrim BanCorp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northrim BanCorp's current stock value. Our valuation model uses many indicators to compare Northrim BanCorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northrim BanCorp competition to find correlations between indicators driving Northrim BanCorp's intrinsic value. More Info.Northrim BanCorp is regarded third in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.08 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Northrim BanCorp is roughly 11.81 . At this time, Northrim BanCorp's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Northrim BanCorp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Northrim Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northrim BanCorp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northrim BanCorp could also be used in its relative valuation, which is a method of valuing Northrim BanCorp by comparing valuation metrics of similar companies.Northrim BanCorp is currently under evaluation in return on equity category among its peers.
Northrim BanCorp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Northrim BanCorp from analyzing Northrim BanCorp's financial statements. These drivers represent accounts that assess Northrim BanCorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Northrim BanCorp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 256.9M | 215.7M | 268.6M | 314.6M | 320.5M | 336.5M | |
| Enterprise Value | 194.9M | 137.3M | (341.4M) | 89.5M | 235.4M | 247.2M |
Northrim BanCorp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Northrim BanCorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Northrim BanCorp's managers, analysts, and investors.Environmental | Governance | Social |
Northrim Fundamentals
| 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 | ||||
| Shares Owned By Insiders | 3.32 % | ||||
| Shares Owned By Institutions | 72.50 % | ||||
| Number Of Shares Shorted | 49.74 K | ||||
| 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 | ||||
| Short Ratio | 2.07 X | ||||
| Earnings Per Share | 5.86 X | ||||
| Target Price | 90.0 | ||||
| Number Of Employees | 472 | ||||
| Beta | 0.74 | ||||
| Market Capitalization | 486.92 M | ||||
| Total Asset | 2.81 B | ||||
| Retained Earnings | 236.04 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.45 % | ||||
| Net Asset | 2.81 B | ||||
| Last Dividend Paid | 2.46 |
About Northrim BanCorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northrim BanCorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northrim BanCorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northrim BanCorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Total Revenue | 125.8 M | 62.9 M | |
| Cost Of Revenue | 756.9 K | 719.1 K | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.51 | 0.34 | |
| Capex To Revenue | 0.05 | 0.05 | |
| Revenue Per Share | 22.46 | 23.58 | |
| Ebit Per Revenue | 0.21 | 0.20 |
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Try AI Portfolio ArchitectCheck out Northrim BanCorp Piotroski F Score and Northrim BanCorp Altman Z Score analysis. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.