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S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
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Bear Market Expert Reveals His #1 Stock for November 2023  (Ad)pixel
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Microsoft strikes 10-year deal with Nintendo on Call of Duty
Bear Market Expert Reveals His #1 Stock for November 2023  (Ad)pixel
Southwest Airlines brings back dividend as travel rebounds
Could trawler cams help save world's dwindling fish stocks?
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Bear Market Expert Reveals His #1 Stock for November 2023  (Ad)pixel
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Bear Market Expert Reveals His #1 Stock for November 2023  (Ad)pixel
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Bear Market Expert Reveals His #1 Stock for November 2023  (Ad)pixel
Southwest Airlines brings back dividend as travel rebounds
Could trawler cams help save world's dwindling fish stocks?
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Bear Market Expert Reveals His #1 Stock for November 2023  (Ad)pixel
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Bear Market Expert Reveals His #1 Stock for November 2023  (Ad)pixel
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
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Southwest Airlines brings back dividend as travel rebounds
Could trawler cams help save world's dwindling fish stocks?
NASDAQ:NRIM

Northrim BanCorp - NRIM Stock Forecast, Price & News

$55.22
+0.18 (+0.33%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$54.77
$55.58
50-Day Range
$41.56
$56.17
52-Week Range
$38.42
$56.77
Volume
13,636 shs
Average Volume
23,722 shs
Market Capitalization
$313.93 million
P/E Ratio
10.83
Dividend Yield
3.63%
Price Target
N/A

Northrim BanCorp MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.67% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.16mentions of Northrim BanCorp in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$47,504 Bought Last Quarter
Proj. Earnings Growth
22.68%
From $5.38 to $6.60 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.50 out of 5 stars

Finance Sector

7th out of 871 stocks

Federal Savings Institutions Industry

1st out of 35 stocks

NRIM stock logo

About Northrim BanCorp (NASDAQ:NRIM) Stock

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 in 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 text 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, business employee purchase cards, 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 brokerage services. As of January 28, 2022, the company operated 17 branches in Anchorage, the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.

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NRIM Stock News Headlines

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Northrim BanCorp raises dividend by 22% to $0.50
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Northrim BanCorp declares $0.41 dividend
See More Headlines
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NRIM Company Calendar

Ex-Dividend for 9/16 Dividend
9/07/2022
Dividend Payable
9/16/2022
Last Earnings
10/26/2022
Today
12/07/2022
Ex-Dividend for 12/23 Dividend
12/14/2022
Dividend Payable
12/23/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/27/2023

Industry, Sector and Symbol

Industry
Federal savings institutions
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:NRIM
CUSIP
66676210
Employees
451
Year Founded
1990

Profitability

Net Income
$37.52 million
Pretax Margin
29.17%

Debt

Sales & Book Value

Annual Sales
$136.87 million
Cash Flow
$6.85 per share
Book Value
$38.31 per share

Miscellaneous

Free Float
5,486,000
Market Cap
$313.93 million
Optionable
Not Optionable
Beta
0.67

Social Links


Key Executives

  • Mr. Joseph M. Schierhorn (Age 64)
    Chairman, Pres, CEO & COO
    Comp: $837.48k
  • Mr. Jed W. Ballard CPAMr. Jed W. Ballard CPA (Age 43)
    Exec. VP & CFO
    Comp: $465.56k
  • Mr. Steve R. Aldrich (Age 54)
    Pres & CEO of Residential Mortgage Holding Company, LLC
    Comp: $1.23M
  • Mr. Benjamin D. Craig (Age 47)
    Exec. VP & Chief Information Officer of Northrim Bank
    Comp: $386.83k
  • Ms. Lynn A. Wolfe
    Exec. VP & Chief Admin. Officer
  • Ms. Caroline Huntley
    Marketing Officer
  • Ms. Kari Skinner
    Sr. VP & Marketing and Communications Director
  • Ms. Latosha M. Frye (Age 43)
    Sr. VP & Corp. Accounting Mang.
  • Mr. Mark D. Edwards
    Exec. VP, Chief Credit Officer & Bank Economist
  • Ms. Kelly Lykins-Longlet
    VP & Risk Mang. of Northrim Bank













NRIM Stock - Frequently Asked Questions

Should I buy or sell Northrim BanCorp stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northrim BanCorp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NRIM shares.
View NRIM analyst ratings
or view top-rated stocks.

How have NRIM shares performed in 2022?

Northrim BanCorp's stock was trading at $43.46 at the start of the year. Since then, NRIM stock has increased by 27.1% and is now trading at $55.22.
View the best growth stocks for 2022 here
.

Are investors shorting Northrim BanCorp?

Northrim BanCorp saw a increase in short interest in November. As of November 15th, there was short interest totaling 37,200 shares, an increase of 181.8% from the October 31st total of 13,200 shares. Based on an average daily trading volume, of 14,900 shares, the days-to-cover ratio is currently 2.5 days. Currently, 0.7% of the company's stock are short sold.
View Northrim BanCorp's Short Interest
.

When is Northrim BanCorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, January 27th 2023.
View our NRIM earnings forecast
.

How were Northrim BanCorp's earnings last quarter?

Northrim BanCorp, Inc. (NASDAQ:NRIM) posted its earnings results on Wednesday, October, 26th. The financial services provider reported $1.76 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.41. The financial services provider earned $34.98 million during the quarter, compared to the consensus estimate of $34 million. Northrim BanCorp had a trailing twelve-month return on equity of 13.61% and a net margin of 23.28%.

How often does Northrim BanCorp pay dividends? What is the dividend yield for Northrim BanCorp?

Northrim BanCorp declared a quarterly dividend on Friday, December 2nd. Investors of record on Thursday, December 15th will be paid a dividend of $0.50 per share on Friday, December 23rd. This represents a $2.00 annualized dividend and a dividend yield of 3.62%. The ex-dividend date of this dividend is Wednesday, December 14th.
Read our dividend analysis for NRIM
.

Is Northrim BanCorp a good dividend stock?

Northrim BanCorp (NASDAQ:NRIM) pays an annual dividend of $2.00 per share and currently has a dividend yield of 3.63%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 39.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NRIM will have a dividend payout ratio of 30.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NRIM.

What is Joe Schierhorn's approval rating as Northrim BanCorp's CEO?

2 employees have rated Northrim BanCorp Chief Executive Officer Joe Schierhorn on Glassdoor.com. Joe Schierhorn has an approval rating of 100% among the company's employees. This puts Joe Schierhorn in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Northrim BanCorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Northrim BanCorp investors own include Cisco Systems (CSCO), Pfizer (PFE), Verizon Communications (VZ), Walt Disney (DIS), Enterprise Products Partners (EPD), Altria Group (MO), AbbVie (ABBV), Gilead Sciences (GILD), Home Depot (HD) and AT&T (T).

What is Northrim BanCorp's stock symbol?

Northrim BanCorp trades on the NASDAQ under the ticker symbol "NRIM."

Who are Northrim BanCorp's major shareholders?

Northrim BanCorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.23%), Dimensional Fund Advisors LP (8.77%), The Manufacturers Life Insurance Company (4.64%), LSV Asset Management (2.33%), Legato Capital Management LLC (1.11%) and Bank of New York Mellon Corp (0.83%). Insiders that own company stock include Aaron Michael Schutt, Anthony Drabek, David G Wight, David J Mccambridge, David W Karp, Jed W Ballard, John C Swalling, Joseph Marushack, Karl L Hanneman, Krystal Murphy Nelson, Larry S Cash and Linda C Thomas.
View institutional ownership trends
.

How do I buy shares of Northrim BanCorp?

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

What is Northrim BanCorp's stock price today?

One share of NRIM stock can currently be purchased for approximately $55.22.

How much money does Northrim BanCorp make?

Northrim BanCorp (NASDAQ:NRIM) has a market capitalization of $313.93 million and generates $136.87 million in revenue each year. The financial services provider earns $37.52 million in net income (profit) each year or $5.10 on an earnings per share basis.

How many employees does Northrim BanCorp have?

The company employs 451 workers across the globe.

How can I contact Northrim BanCorp?

Northrim BanCorp's mailing address is 3111 C Street, ANCHORAGE AK, 99503. The official website for the company is www.northrim.com. The financial services provider can be reached via phone at (907) 562-0062, via email at investors@nrim.com, or via fax at 907-562-1758.

This page (NASDAQ:NRIM) was last updated on 12/8/2022 by MarketBeat.com Staff