Northrim BanCorp Net Worth
Northrim BanCorp Net Worth Breakdown | NRIM |
Northrim BanCorp Net Worth Analysis
Northrim BanCorp's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Northrim BanCorp's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Northrim BanCorp's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Northrim BanCorp's net worth analysis. One common approach is to calculate Northrim BanCorp's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Northrim BanCorp's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Northrim BanCorp's net worth. This approach calculates the present value of Northrim BanCorp's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Northrim BanCorp's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Northrim BanCorp's net worth. This involves comparing Northrim BanCorp's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Northrim BanCorp's net worth relative to its peers.
Enterprise Value |
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To determine if Northrim BanCorp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Northrim BanCorp's net worth research are outlined below:
| Northrim BanCorp had very high historical volatility over the last 90 days | |
| About 73.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: When Moves Investors should Listen - Stock Traders Daily |
Northrim BanCorp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Northrim BanCorp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Northrim BanCorp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Northrim BanCorp Target Price Consensus
Northrim target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Northrim BanCorp's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 2 | Strong Buy |
Most Northrim analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Northrim stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Northrim BanCorp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNorthrim BanCorp Target Price Projection
Northrim BanCorp's current and average target prices are 78.44 and 93.25, respectively. The current price of Northrim BanCorp is the price at which Northrim BanCorp is currently trading. On the other hand, Northrim BanCorp's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Northrim BanCorp Market Quote on 18th of January 2025
Target Price
Analyst Consensus On Northrim BanCorp Target Price
Know Northrim BanCorp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Northrim BanCorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northrim BanCorp backward and forwards among themselves. Northrim BanCorp's institutional investor refers to the entity that pools money to purchase Northrim BanCorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2024-09-30 | 63 K | Bridgeway Capital Management, Llc | 2024-09-30 | 60.5 K | Huber Capital Management Llc | 2024-09-30 | 49.4 K | Northern Trust Corp | 2024-09-30 | 49 K | Zacks Investment Management Inc | 2024-09-30 | 44.2 K | Bank Of New York Mellon Corp | 2024-09-30 | 42.3 K | Elizabeth Park Capital Advisors, Ltd | 2024-09-30 | 40.2 K | Franklin Resources Inc | 2024-09-30 | 38.8 K | Renaissance Technologies Corp | 2024-09-30 | 32 K | Blackrock Inc | 2024-09-30 | 761.1 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 458.1 K |
Follow Northrim BanCorp's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 427.56 M.Market Cap |
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Project Northrim BanCorp's profitablity
| Last Reported | Projected for Next Year | ||
| 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 | 0.10 | 0.08 |
When accessing Northrim BanCorp's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Northrim BanCorp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Northrim BanCorp's profitability and make more informed investment decisions.
Evaluate Northrim BanCorp's management efficiency
Northrim BanCorp has return on total asset (ROA) of 0.0114 % which means that it generated a profit of $0.0114 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1346 %, meaning that it created $0.1346 on every $100 dollars invested by stockholders. Northrim BanCorp's management efficiency ratios could be used to measure how well Northrim BanCorp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of January 2025, Return On Tangible Assets is likely to drop to 0.01. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Northrim BanCorp's Asset Turnover is very stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 37.71 | 35.50 | |
| Tangible Book Value Per Share | 31.53 | 34.02 | |
| Enterprise Value Over EBITDA | 2.40 | 2.28 | |
| Price Book Value Ratio | 1.57 | 1.41 | |
| Enterprise Value Multiple | 2.40 | 2.28 | |
| Price Fair Value | 1.57 | 1.41 | |
| Enterprise Value | 211.9 M | 222.5 M |
The operational strategies employed by Northrim BanCorp management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Enterprise Value Revenue 3.1573 | Revenue | Quarterly Revenue Growth 0.157 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Northrim BanCorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Northrim BanCorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Northrim BanCorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Northrim BanCorp Corporate Filings
8K | 2nd of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 17th of December 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 11th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 30th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Northrim BanCorp Earnings Estimation Breakdown
The calculation of Northrim BanCorp's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Northrim BanCorp is estimated to be 1.23 with the future projection ranging from a low of 1.595 to a high of 1.5975. Please be aware that this consensus of annual earnings estimates for Northrim BanCorp is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.59 Lowest | Expected EPS | 1.60 Highest |
Northrim BanCorp Earnings Projection Consensus
Suppose the current estimates of Northrim BanCorp's value are higher than the current market price of the Northrim BanCorp stock. In this case, investors may conclude that Northrim BanCorp is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Northrim BanCorp's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
| 2 | 75.73% | 1.34 | 1.23 | 5.86 |
Northrim BanCorp Earnings History
Earnings estimate consensus by Northrim BanCorp analysts from Wall Street is used by the market to judge Northrim BanCorp's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Northrim BanCorp's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Northrim BanCorp Quarterly Gross Profit |
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Northrim BanCorp Earnings per Share Projection vs Actual
Actual Earning per Share of Northrim BanCorp refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Northrim BanCorp predict the company's earnings will be in the future. The higher the earnings per share of Northrim BanCorp, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Northrim BanCorp Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Northrim BanCorp, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Northrim BanCorp should always be considered in relation to other companies to make a more educated investment decision.Northrim Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Northrim BanCorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-10-23 | 2024-09-30 | 1.53 | 1.34 | -0.19 | 12 | ||
2024-07-24 | 2024-06-30 | 1.31 | 1.62 | 0.31 | 23 | ||
2024-04-24 | 2024-03-31 | 1.05 | 1.48 | 0.43 | 40 | ||
2024-01-25 | 2023-12-31 | 1.24 | 1.19 | -0.05 | 4 | ||
2023-10-26 | 2023-09-30 | 1.25 | 1.48 | 0.23 | 18 | ||
2023-07-27 | 2023-06-30 | 1.4 | 0.98 | -0.42 | 30 | ||
2023-04-27 | 2023-03-31 | 1.47 | 0.84 | -0.63 | 42 | ||
2023-01-26 | 2022-12-31 | 1.59 | 1.48 | -0.11 | 6 | ||
2022-10-26 | 2022-09-30 | 1.35 | 1.76 | 0.41 | 30 | ||
2022-07-28 | 2022-06-30 | 0.93 | 0.83 | -0.1 | 10 | ||
2022-04-28 | 2022-03-31 | 0.98 | 1.2 | 0.22 | 22 | ||
2022-01-28 | 2021-12-31 | 1.38 | 1.31 | -0.07 | 5 | ||
2021-10-29 | 2021-09-30 | 1.44 | 1.42 | -0.02 | 1 | ||
2021-07-26 | 2021-06-30 | 1.1 | 1.33 | 0.23 | 20 | ||
2021-04-26 | 2021-03-31 | 1.4 | 1.94 | 0.54 | 38 | ||
2021-02-01 | 2020-12-31 | 1.45 | 1.59 | 0.14 | 9 | ||
2020-10-26 | 2020-09-30 | 0.91 | 1.84 | 0.93 | 102 | ||
2020-07-27 | 2020-06-30 | 0.53 | 1.52 | 0.99 | 186 | ||
2020-04-27 | 2020-03-31 | 0.47 | 0.16 | -0.31 | 65 | ||
2020-01-27 | 2019-12-31 | 0.58 | 0.69 | 0.11 | 18 | ||
2019-10-28 | 2019-09-30 | 0.76 | 1.11 | 0.35 | 46 | ||
2019-07-29 | 2019-06-30 | 0.7 | 0.62 | -0.08 | 11 | ||
2019-04-29 | 2019-03-31 | 0.63 | 0.62 | -0.01 | 1 | ||
2019-01-28 | 2018-12-31 | 0.77 | 0.69 | -0.08 | 10 | ||
2018-10-29 | 2018-09-30 | 0.74 | 0.87 | 0.13 | 17 | ||
2018-07-30 | 2018-06-30 | 0.62 | 0.84 | 0.22 | 35 | ||
2018-04-30 | 2018-03-31 | 0.42 | 0.58 | 0.16 | 38 | ||
2018-01-29 | 2017-12-31 | 0.51 | 0.51 | 0.0 | 0 | ||
2017-10-30 | 2017-09-30 | 0.95 | 0.41 | -0.54 | 56 | ||
2017-07-31 | 2017-06-30 | 0.47 | 0.51 | 0.04 | 8 | ||
2017-05-01 | 2017-03-31 | 0.44 | 0.55 | 0.11 | 25 | ||
2017-01-30 | 2016-12-31 | 0.54 | 0.52 | -0.02 | 3 | ||
2016-10-31 | 2016-09-30 | 0.63 | 0.67 | 0.04 | 6 | ||
2016-08-01 | 2016-06-30 | 0.64 | 0.63 | -0.01 | 1 | ||
2016-05-03 | 2016-03-31 | 0.43 | 0.48 | 0.05 | 11 | ||
2016-01-29 | 2015-12-31 | 0.49 | 0.59 | 0.1 | 20 | ||
2015-10-27 | 2015-09-30 | 0.66 | 0.77 | 0.11 | 16 | ||
2015-07-28 | 2015-06-30 | 0.63 | 0.69 | 0.06 | 9 | ||
2015-04-28 | 2015-03-31 | 0.46 | 0.51 | 0.05 | 10 | ||
2015-01-27 | 2014-12-31 | 0.57 | 0.54 | -0.03 | 5 | ||
2014-10-21 | 2014-09-30 | 0.48 | 0.53 | 0.05 | 10 | ||
2014-07-22 | 2014-06-30 | 0.37 | 0.63 | 0.26 | 70 | ||
2014-04-22 | 2014-03-31 | 0.4 | 0.4 | 0.0 | 0 | ||
2014-01-21 | 2013-12-31 | 0.45 | 0.4 | -0.05 | 11 | ||
2013-10-22 | 2013-09-30 | 0.43 | 0.53 | 0.1 | 23 | ||
2013-07-23 | 2013-06-30 | 0.41 | 0.53 | 0.12 | 29 | ||
2013-04-23 | 2013-03-31 | 0.38 | 0.41 | 0.03 | 7 | ||
2013-01-23 | 2012-12-31 | 0.46 | 0.48 | 0.02 | 4 | ||
2012-10-23 | 2012-09-30 | 0.45 | 0.51 | 0.06 | 13 | ||
2012-07-24 | 2012-06-30 | 0.41 | 0.48 | 0.07 | 17 | ||
2012-04-24 | 2012-03-31 | 0.42 | 0.39 | -0.03 | 7 | ||
2012-01-24 | 2011-12-31 | 0.39 | 0.5 | 0.11 | 28 | ||
2011-10-25 | 2011-09-30 | 0.38 | 0.38 | 0.0 | 0 | ||
2011-07-26 | 2011-06-30 | 0.32 | 0.49 | 0.17 | 53 | ||
2011-04-26 | 2011-03-31 | 0.31 | 0.37 | 0.06 | 19 | ||
2011-01-25 | 2010-12-31 | 0.33 | 0.28 | -0.05 | 15 | ||
2010-10-26 | 2010-09-30 | 0.35 | 0.49 | 0.14 | 40 | ||
2010-07-21 | 2010-06-30 | 0.28 | 0.33 | 0.05 | 17 | ||
2010-04-21 | 2010-03-31 | 0.28 | 0.29 | 0.01 | 3 | ||
2010-01-26 | 2009-12-31 | 0.3 | 0.3 | 0.0 | 0 | ||
2009-10-21 | 2009-09-30 | 0.27 | 0.3 | 0.03 | 11 | ||
2009-07-22 | 2009-06-30 | 0.26 | 0.29 | 0.03 | 11 | ||
2009-04-22 | 2009-03-31 | 0.07 | 0.31 | 0.24 | 342 | ||
2009-01-28 | 2008-12-31 | 0.21 | 0.14 | -0.07 | 33 | ||
2008-10-23 | 2008-09-30 | 0.23 | 0.24 | 0.01 | 4 | ||
2008-07-24 | 2008-06-30 | 0.39 | 0.23 | -0.16 | 41 | ||
2008-04-23 | 2008-03-31 | 0.44 | 0.34 | -0.1 | 22 | ||
2008-01-23 | 2007-12-31 | 0.52 | 0.34 | -0.18 | 34 | ||
2007-10-24 | 2007-09-30 | 0.51 | 0.56 | 0.05 | 9 | ||
2007-07-25 | 2007-06-30 | 0.47 | 0.49 | 0.02 | 4 | ||
2007-04-25 | 2007-03-31 | 0.51 | 0.42 | -0.09 | 17 | ||
2007-01-24 | 2006-12-31 | 0.52 | 0.56 | 0.04 | 7 | ||
2006-10-25 | 2006-09-30 | 0.48 | 0.53 | 0.05 | 10 | ||
2006-07-19 | 2006-06-30 | 0.44 | 0.45 | 0.01 | 2 | ||
2006-04-19 | 2006-03-31 | 0.43 | 0.44 | 0.01 | 2 | ||
2006-01-18 | 2005-12-31 | 0.44 | 0.46 | 0.02 | 4 | ||
2005-10-25 | 2005-09-30 | 0.41 | 0.43 | 0.02 | 4 | ||
2005-07-20 | 2005-06-30 | 0.4 | 0.38 | -0.02 | 5 | ||
2005-04-20 | 2005-03-31 | 0.39 | 0.37 | -0.02 | 5 | ||
2005-01-19 | 2004-12-31 | 0.41 | 0.42 | 0.01 | 2 | ||
2004-10-21 | 2004-09-30 | 0.41 | 0.39 | -0.02 | 4 | ||
2004-07-21 | 2004-06-30 | 0.37 | 0.4 | 0.03 | 8 | ||
2004-04-14 | 2004-03-31 | 0.38 | 0.34 | -0.04 | 10 | ||
2004-01-21 | 2003-12-31 | 0.38 | 0.38 | 0.0 | 0 | ||
2003-10-15 | 2003-09-30 | 0.37 | 0.4 | 0.03 | 8 | ||
2003-07-16 | 2003-06-30 | 0.32 | 0.39 | 0.07 | 21 | ||
2003-04-16 | 2003-03-31 | 0.33 | 0.37 | 0.04 | 12 | ||
2003-01-22 | 2002-12-31 | 0.32 | 0.34 | 0.02 | 6 | ||
2002-10-16 | 2002-09-30 | 0.29 | 0.32 | 0.03 | 10 | ||
2002-07-17 | 2002-06-30 | 0.29 | 0.28 | -0.01 | 3 | ||
2002-04-16 | 2002-03-31 | 0.28 | 0.28 | 0.0 | 0 | ||
2002-01-16 | 2001-12-31 | 0.26 | 0.28 | 0.02 | 7 | ||
2001-10-17 | 2001-09-30 | 0.26 | 0.28 | 0.02 | 7 | ||
2001-07-24 | 2001-06-30 | 0.24 | 0.25 | 0.01 | 4 | ||
2001-04-16 | 2001-03-31 | 0.22 | 0.22 | 0.0 | 0 | ||
2001-01-16 | 2000-12-31 | 0.23 | 0.26 | 0.03 | 13 | ||
2000-10-09 | 2000-09-30 | 0.22 | 0.22 | 0.0 | 0 | ||
2000-07-17 | 2000-06-30 | 0.21 | 0.21 | 0.0 | 0 | ||
2000-04-17 | 2000-03-31 | 0.18 | 0.18 | 0.0 | 0 | ||
2000-01-19 | 1999-12-31 | 0.21 | 0.19 | -0.02 | 9 | ||
1999-10-19 | 1999-09-30 | 0.21 | 0.21 | 0.0 | 0 | ||
1999-07-20 | 1999-06-30 | 0.17 | 0.18 | 0.01 | 5 | ||
1997-01-17 | 1996-12-31 | 0.14 | 0.14 | 0.0 | 0 | ||
1996-10-16 | 1996-09-30 | 0.12 | 0.14 | 0.02 | 16 | ||
1996-07-16 | 1996-06-30 | 0.12 | 0.13 | 0.01 | 8 | ||
1996-04-16 | 1996-03-31 | 0.11 | 0.11 | 0.0 | 0 | ||
1995-10-17 | 1995-09-30 | 0.13 | 0.13 | 0.0 | 0 | ||
1995-04-18 | 1995-03-31 | 0.09 | 0.1 | 0.01 | 11 | ||
1995-01-19 | 1994-12-31 | 0.1 | 0.12 | 0.02 | 20 | ||
1994-10-15 | 1994-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
1994-07-18 | 1994-06-30 | 0.07 | 0.09 | 0.02 | 28 | ||
1994-04-18 | 1994-03-31 | 0.1 | 0.08 | -0.02 | 20 | ||
1994-01-18 | 1993-12-31 | 0.13 | 0.1 | -0.03 | 23 | ||
1993-10-08 | 1993-09-30 | 0.11 | 0.13 | 0.02 | 18 |
Northrim BanCorp Corporate Executives
Elected by the shareholders, the Northrim BanCorp's board of directors comprises two types of representatives: Northrim BanCorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Northrim. The board's role is to monitor Northrim BanCorp's management team and ensure that shareholders' interests are well served. Northrim BanCorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Northrim BanCorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jed CPA | Executive CFO | Profile | |
| Latosha Frye | CFO, Executive VP, CFO of Northrim Bank and Executive VP of Northrim Bank | Profile |
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 | 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.