Northrim Bancorp Stock Today
| NRIM Stock | USD 78.44 0.73 0.94% |
Performance7 of 100
| Odds Of DistressLess than 8
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Northrim BanCorp is selling at 78.44 as of the 18th of January 2025; that is 0.94 percent increase since the beginning of the trading day. The stock's lowest day price was 76.91. Northrim BanCorp has only a 8 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 29th of January 2023 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain Banks | IPO Date 25th of October 1993 | Category Financial Services | Classification Financials |
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska. The company has 5.5 M outstanding shares of which 44.08 K shares are now shorted by private and institutional investors with about 1.06 trading days to cover. More on Northrim BanCorp
Moving together with Northrim Stock
| 0.85 | AX | Axos Financial | PairCorr |
| 0.88 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
| 0.88 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
| 0.78 | RF | Regions Financial | PairCorr |
Moving against Northrim Stock
Northrim Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Joseph Schierhorn | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsNorthrim BanCorp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Northrim BanCorp's financial leverage. It provides some insight into what part of Northrim BanCorp's total assets is financed by creditors.
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Northrim BanCorp (NRIM) is traded on NASDAQ Exchange in USA. It is located in 3111 C Street, Anchorage, AK, United States, 99503 and employs 472 people. Northrim BanCorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 427.56 M. Northrim BanCorp conducts business under Banks sector and is part of Financials industry. The entity has 5.5 M outstanding shares of which 44.08 K shares are now shorted by private and institutional investors with about 1.06 trading days to cover.
Northrim BanCorp currently holds about 406.92 M in cash with 38.92 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 71.63.
Check Northrim BanCorp Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Northrim BanCorp is $427.56 Million. The majority of Northrim BanCorp outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Northrim BanCorp to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Northrim BanCorp. Please pay attention to any change in the institutional holdings of Northrim BanCorp as this could imply that something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Northrim Ownership Details
Northrim Stock Institutional Holders
| Instituion | Recorded On | 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 |
Northrim BanCorp Historical Income Statement
Northrim Stock Against Markets
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.