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GOOGL   131.78 (+1.03%)
AMZN   131.25 (+1.48%)
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NVDA   417.05 (+1.68%)
NIO   8.65 (+2.37%)
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AMD   97.74 (+1.70%)
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MSFT   320.05 (+0.16%)
META   304.90 (+3.10%)
GOOGL   131.78 (+1.03%)
AMZN   131.25 (+1.48%)
TSLA   254.40 (-0.51%)
NVDA   417.05 (+1.68%)
NIO   8.65 (+2.37%)
BABA   88.61 (+5.35%)
AMD   97.74 (+1.70%)
T   15.16 (-0.98%)
F   12.63 (+3.52%)
MU   69.22 (+1.94%)
CGC   0.85 (+10.14%)
GE   113.12 (+0.12%)
DIS   82.47 (-0.31%)
AMC   7.87 (+2.21%)
PFE   32.57 (-0.85%)
PYPL   58.97 (+0.60%)
NFLX   383.88 (-0.07%)
NASDAQ:NRIM

Northrim BanCorp (NRIM) Stock Forecast, Price & News

$38.82
-0.41 (-1.05%)
(As of 10:33 AM ET)
Compare
Today's Range
$38.82
$39.28
50-Day Range
$39.15
$49.64
52-Week Range
$33.29
$56.77
Volume
804 shs
Average Volume
31,210 shs
Market Capitalization
$219.33 million
P/E Ratio
7.67
Dividend Yield
6.18%
Price Target
N/A

Northrim BanCorp MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.55% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$48,900 Sold Last Quarter
Proj. Earnings Growth
8.43%
From $4.15 to $4.50 Per Share

Overall MarketRank

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

2.87 out of 5 stars

Finance Sector

136th out of 836 stocks

Federal Savings Institutions Industry

5th out of 30 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, corporate purchase cards, integrated payables, 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. The company was founded in 1990 and is headquartered in Anchorage, Alaska.

NRIM Price History

NRIM Stock News Headlines

Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
Northrim BanCorp: Dividend Insights
Northrim (NRIM) Rewards Investors With a 20% Dividend Hike
See More Headlines
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NRIM Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 9/15 Dividend
9/06/2023
Dividend Payable
9/15/2023
Today
9/22/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Federal savings institutions
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:NRIM
CUSIP
66676210
Employees
469
Year Founded
1990

Profitability

Net Income
$30.74 million
Pretax Margin
24.62%

Debt

Sales & Book Value

Annual Sales
$134.40 million
Cash Flow
$6.24 per share
Book Value
$38.41 per share

Miscellaneous

Free Float
5,424,000
Market Cap
$221.65 million
Optionable
Not Optionable
Beta
0.67

Social Links

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Key Executives

  • Mr. Joseph M. Schierhorn (Age 65)
    Chairman, Pres, CEO & COO
    Comp: $881.07k
  • Mr. Jed W. Ballard CPAMr. Jed W. Ballard CPA (Age 43)
    Exec. VP & CFO
    Comp: $470.46k
  • Mr. Benjamin D. Craig (Age 48)
    Exec. VP & Chief Information Officer of Northrim Bank
    Comp: $386.05k
  • Mr. Michael G. Huston (Age 55)
    Pres of Northrim Bank
    Comp: $515.6k
  • Mr. Michael C. Baldwin (Age 56)
    Pres & COO of Residential Mortgage, LLC
    Comp: $451.51k
  • 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 44)
    Sr. VP & Corp. Accounting Mang.
  • Mr. Mark D. Edwards
    Exec. VP, Chief Credit Officer & Bank Economist













NRIM Stock - Frequently Asked Questions

How have NRIM shares performed in 2023?

Northrim BanCorp's stock was trading at $54.57 at the beginning of 2023. Since then, NRIM stock has decreased by 28.1% and is now trading at $39.23.
View the best growth stocks for 2023 here
.

When is Northrim BanCorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our NRIM earnings forecast
.

How were Northrim BanCorp's earnings last quarter?

Northrim BanCorp, Inc. (NASDAQ:NRIM) issued its quarterly earnings data on Thursday, July, 27th. The financial services provider reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.40 by $0.42. The financial services provider had revenue of $32.12 million for the quarter, compared to the consensus estimate of $35.20 million. Northrim BanCorp had a trailing twelve-month return on equity of 13.31% and a net margin of 19.92%.

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

Northrim BanCorp declared a quarterly dividend on Friday, August 25th. Investors of record on Thursday, September 7th will be given a dividend of $0.60 per share on Friday, September 15th. This represents a $2.40 annualized dividend and a dividend yield of 6.12%. The ex-dividend date is Wednesday, September 6th.
Read our dividend analysis for NRIM
.

Is Northrim BanCorp a good dividend stock?

Northrim BanCorp (NASDAQ:NRIM) pays an annual dividend of $2.40 per share and currently has a dividend yield of 6.09%. NRIM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 47.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NRIM will have a dividend payout ratio of 53.33% 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.01%), Dimensional Fund Advisors LP (8.36%), The Manufacturers Life Insurance Company (4.54%), LSV Asset Management (2.85%), Acadian Asset Management LLC (2.31%) and Geode Capital Management LLC (1.94%). 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 M Schierhorn, Joseph Marushack, Karl L Hanneman, Krystal Murphy Nelson, Larry S Cash, Linda C Thomas and Marilyn Romano.
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 $39.23.

How much money does Northrim BanCorp make?

Northrim BanCorp (NASDAQ:NRIM) has a market capitalization of $221.65 million and generates $134.40 million in revenue each year. The financial services provider earns $30.74 million in net income (profit) each year or $5.06 on an earnings per share basis.

How many employees does Northrim BanCorp have?

The company employs 469 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 9/22/2023 by MarketBeat.com Staff

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