Northrim BanCorp Company Profile (NASDAQ:NRIM)

About Northrim BanCorp (NASDAQ:NRIM)

Northrim BanCorp logoNorthrim BanCorp, Inc. is a bank holding company. The Company operates in two segments: Community Banking and Home Mortgage Lending. The Community Banking segment's principal business focus is the offering of loan and deposit products to business and consumer customers in its primary market areas. The Community Banking segment operates approximately 10 branches throughout Alaska. The Home Mortgage Lending segment's principal business focus is the origination and sale of mortgage loans for one- to four-family residential properties. Its loan products include short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans. Its commercial loan portfolio includes both secured and unsecured loans for working capital and expansion. It provides construction lending for commercial real estate projects. It offers personal loans for automobiles, recreational vehicles, boats, and other larger consumer purchases.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Pacific Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:NRIM
  • CUSIP: 66676210
  • Web: www.northrim.com
Capitalization:
  • Market Cap: $203.5 million
  • Outstanding Shares: 6,910,000
Average Prices:
  • 50 Day Moving Avg: $30.68
  • 200 Day Moving Avg: $29.67
  • 52 Week Range: $24.35 - $33.00
P/E:
  • Trailing P/E Ratio: 13.83
  • Foreward P/E Ratio: 13.70
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $96.72 million
  • Price / Sales: 2.10
  • Book Value: $27.40 per share
  • Price / Book: 1.07
Dividend:
  • Annual Dividend: $0.80
  • Dividend Yield: 2.9%
Profitability:
  • Net Margins: 14.10%
  • Return on Equity: 8.73%
  • Return on Assets: 1.05%
Debt:
  • Debt-to-Equity Ratio: 0.12%
  • Current Ratio: 0.85%
  • Quick Ratio: 0.80%
Misc:
  • Average Volume: 18,590 shs.
  • Beta: 0.56
  • Short Ratio: 12.54
 

Frequently Asked Questions for Northrim BanCorp (NASDAQ:NRIM)

What is Northrim BanCorp's stock symbol?

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

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

Northrim BanCorp announced a quarterly dividend on Friday, February 24th. Investors of record on Thursday, March 9th will be paid a dividend of $0.21 per share on Friday, March 17th. This represents a $0.84 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Tuesday, March 7th. This is a boost from Northrim BanCorp's previous quarterly dividend of $0.20. View Northrim BanCorp's Dividend History.

How were Northrim BanCorp's earnings last quarter?

Northrim BanCorp, Inc. (NASDAQ:NRIM) issued its quarterly earnings data on Monday, May, 1st. The company reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.11. The firm earned $22.73 million during the quarter, compared to analysts' expectations of $22 million. Northrim BanCorp had a net margin of 14.10% and a return on equity of 8.73%. View Northrim BanCorp's Earnings History.

When will Northrim BanCorp make its next earnings announcement?

Northrim BanCorp is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for Northrim BanCorp.

Who are some of Northrim BanCorp's key competitors?

Who owns Northrim BanCorp stock?

Northrim BanCorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (8.65%), Dimensional Fund Advisors LP (7.17%), Ameriprise Financial Inc. (4.34%), Vanguard Group Inc. (3.46%), Kennedy Capital Management Inc. (2.51%) and LSV Asset Management (2.30%). Company insiders that own Northrim BanCorp stock include Anthony Drabek, David G Wight, David J Mccambridge, David W Karp, John C Swalling, Joseph M Beedle, Joseph M Schierhorn, Karl L Hanneman, Krystal Murphy Nelson, Larry S Cash, Latosha M Frye, Linda C Thomas, Murphy Krystal Nelson and Steven L Hartung. View Institutional Ownership Trends for Northrim BanCorp.

Who sold Northrim BanCorp stock? Who is selling Northrim BanCorp stock?

Northrim BanCorp's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Morgan Stanley, John W. Rosenthal Capital Management Inc., JPMorgan Chase & Co., Wedbush Securities Inc., Cornerstone Capital Management Holdings LLC., Russell Investments Group Ltd. and TIAA CREF Investment Management LLC. Company insiders that have sold Northrim BanCorp stock in the last year include Anthony Drabek, Joseph M Beedle and Larry S Cash. View Insider Buying and Selling for Northrim BanCorp.

Who bought Northrim BanCorp stock? Who is buying Northrim BanCorp stock?

Northrim BanCorp's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Brandes Investment Partners LP, Ameriprise Financial Inc., Vanguard Group Inc., Dimensional Fund Advisors LP, Pacific Ridge Capital Partners LLC, Menta Capital LLC and Goldman Sachs Group Inc.. Company insiders that have bought Northrim BanCorp stock in the last two years include Anthony Drabek, David G Wight, David J Mccambridge, David W Karp, John C Swalling, Joseph M Beedle, Karl L Hanneman, Krystal Murphy Nelson, Larry S Cash, Latosha M Frye, Linda C Thomas and Murphy Krystal Nelson. View Insider Buying and Selling for Northrim BanCorp.

How do I buy Northrim BanCorp stock?

Shares of Northrim BanCorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Northrim BanCorp stock cost?

One share of Northrim BanCorp stock can currently be purchased for approximately $29.45.

Analyst Ratings

Consensus Ratings for Northrim BanCorp (NASDAQ:NRIM) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Northrim BanCorp (NASDAQ:NRIM)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Northrim BanCorp (NASDAQ:NRIM)
Earnings by Quarter for Northrim BanCorp (NASDAQ:NRIM)
Earnings History by Quarter for Northrim BanCorp (NASDAQ:NRIM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/31/2017        
5/1/2017Q1 2017$0.44$0.55$22.00 million$22.73 millionViewN/AView Earnings Details
1/30/2017Q4 2016$0.54$0.51$24.00 million$24.25 millionViewN/AView Earnings Details
8/1/2016Q2 2016$0.64$0.63$25.30 million$25.94 millionViewN/AView Earnings Details
5/3/2016Q1$0.43$0.48$19.70 million$23.28 millionViewN/AView Earnings Details
10/27/2015Q3$0.66$0.77$25.30 million$27.09 millionViewN/AView Earnings Details
7/28/2015Q215$0.63$0.69$24.50 million$25.76 millionViewN/AView Earnings Details
4/28/2015Q115$0.46$0.51$19.60 million$24.17 millionViewN/AView Earnings Details
1/27/2015Q4 2014$0.57$0.54$18.70 million$23.30 millionViewN/AView Earnings Details
10/21/2014Q3$0.48$0.53$17.50 million$18.66 millionViewN/AView Earnings Details
7/22/2014Q2 2014$0.37$0.63$16.90 million$17.52 millionViewN/AView Earnings Details
4/22/2014Q1 2014$0.31$0.40$14.40 million$13.97 millionViewN/AView Earnings Details
1/21/2014Q4$0.41$0.40ViewN/AView Earnings Details
10/22/2013Q3 13$0.43$0.53ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Northrim BanCorp (NASDAQ:NRIM)
2017 EPS Consensus Estimate: $1.99
2018 EPS Consensus Estimate: $2.14
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.44$0.44$0.44
Q2 20171$0.47$0.47$0.47
Q3 20171$0.55$0.55$0.55
Q4 20171$0.53$0.53$0.53
Q1 20181$0.41$0.41$0.41
Q2 20181$0.56$0.56$0.56
Q3 20181$0.63$0.63$0.63
Q4 20181$0.54$0.54$0.54
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Northrim BanCorp (NASDAQ:NRIM)
Most Recent Dividend:3/17/2017
Annual Dividend:$0.80
Dividend Yield:2.72%
Payout Ratio:38.84% (Trailing 12 Months of Earnings)
40.00% (Based on This Year's Estimates)
37.21% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Northrim BanCorp (NASDAQ:NRIM)

Dividend History by Quarter for Northrim BanCorp (NASDAQ:NRIM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/24/2017Quarterly$0.212.88%3/7/20173/9/20173/17/2017
11/18/2016Quarterly$0.202.82%12/6/201612/8/201612/16/2016
8/29/2016quarterly$0.203.12%9/13/20169/15/20169/23/2016
5/31/2016quarterly$0.192.86%6/14/20166/16/20166/24/2016
2/29/2016quarterly$0.193.14%3/8/20163/10/20163/18/2016
11/23/2015quarterly$0.192.68%12/8/201512/10/201512/18/2015
9/1/2015quarterly$0.192.77%9/8/20159/10/20159/18/2015
6/1/2015quarterly$0.182.97%6/9/20156/11/20156/19/2015
3/2/2015quarterly$0.182.98%3/10/20153/12/20153/20/2015
11/24/2014quarterly$0.182.6%12/9/201412/11/201412/19/2014
8/1/2014quarterly$0.172.91%9/9/20149/11/20149/19/2014
5/15/2014quarterly$0.172.85%6/3/20146/5/20146/13/2014
2/21/2014quarterly$0.172.76%3/11/20143/13/20143/21/2014
11/22/2013quarterly$0.172.66%12/10/201312/12/201312/20/2013
8/16/2013quarterly$0.172.83%9/3/20139/5/20139/13/2013
5/17/2013quarterly$0.152.69%6/4/20136/6/20136/14/2013
2/22/2013quarterly$0.152.75%3/12/20133/14/20133/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Northrim BanCorp (NASDAQ:NRIM)
Insider Ownership Percentage: 3.20%
Institutional Ownership Percentage: 66.88%
Insider Trades by Quarter for Northrim BanCorp (NASDAQ:NRIM)
Institutional Ownership by Quarter for Northrim BanCorp (NASDAQ:NRIM)
Insider Trades by Quarter for Northrim BanCorp (NASDAQ:NRIM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/10/2017Larry S CashDirectorSell4,345$28.09$122,051.05View SEC Filing  
2/24/2017Anthony DrabekDirectorSell340$30.30$10,302.00View SEC Filing  
2/13/2017Joseph M BeedleChairmanSell9,485$29.50$279,807.50View SEC Filing  
8/18/2016Krystal Murphy NelsonDirectorBuy400$24.96$9,984.00View SEC Filing  
8/17/2016Linda C ThomasDirectorBuy800$25.69$20,552.00View SEC Filing  
8/9/2016David W KarpDirectorBuy656$26.64$17,475.84View SEC Filing  
6/14/2016Karl L HannemanDirectorBuy500$25.35$12,675.00View SEC Filing  
6/13/2016Murphy Krystal NelsonDirectorBuy400$26.00$10,400.00View SEC Filing  
6/8/2016David J MccambridgeDirectorBuy850$26.78$22,763.00View SEC Filing  
6/3/2016John C SwallingDirectorBuy800$26.18$20,944.00View SEC Filing  
6/2/2016Latosha M FryeCFOBuy34$26.69$907.46View SEC Filing  
5/31/2016Anthony DrabekDirectorBuy735$26.55$19,514.25View SEC Filing  
5/26/2016David G WightDirectorBuy1,000$26.97$26,970.00View SEC Filing  
3/10/2016Anthony DrabekDirectorSell850$24.02$20,417.00View SEC Filing  
2/3/2016Joseph M BeedleCEOBuy600$24.41$14,646.00View SEC Filing  
11/25/2015Steven L. HartungEVPSell1,144$29.06$33,244.64View SEC Filing  
11/3/2015Joseph M SchierhornCOOSell2,600$28.53$74,178.00View SEC Filing  
9/11/2015Steven L. HartungEVPSell1,142$28.01$31,987.42View SEC Filing  
8/25/2015Larry S CashDirectorBuy100$25.99$2,599.00View SEC Filing  
6/2/2015David G WightDirectorSell4,000$24.38$97,520.00View SEC Filing  
6/1/2015David G WightDirectorBuy1,000$24.19$24,190.00View SEC Filing  
2/17/2015Joseph M BeedleCEOBuy2,540$22.23$56,464.20View SEC Filing  
9/2/2014Joseph M BeedleEVPBuy4,125$24.63$101,598.75View SEC Filing  
8/28/2014David G WightDirectorBuy2,000$24.41$48,820.00View SEC Filing  
8/26/2014Ronald A DavisDirectorBuy404$24.73$9,990.92View SEC Filing  
4/28/2014Joseph M SchierhornCFOSell2,800$23.97$67,116.00View SEC Filing  
2/19/2013David G WightDirectorBuy1,000$22.34$22,340.00View SEC Filing  
8/23/2012David G WightDirectorBuy1,000$20.56$20,560.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Northrim BanCorp (NASDAQ:NRIM)
Latest Headlines for Northrim BanCorp (NASDAQ:NRIM)
Source:
DateHeadline
americanbankingnews.com logoFIG Partners Brokers Reduce Earnings Estimates for Northrim BanCorp, Inc. (NRIM)
www.americanbankingnews.com - May 11 at 8:08 AM
americanbankingnews.com logoNorthrim BanCorp (NRIM) Earns Media Impact Score of 0.31
www.americanbankingnews.com - May 9 at 12:31 AM
finance.yahoo.com logoNorthrim BanCorp to Participate in the 19th Annual D.A. Davidson Financial Institutions Conference
finance.yahoo.com - May 5 at 7:11 PM
americanbankingnews.com logoNorthrim BanCorp (NRIM) Getting Very Favorable News Coverage, Report Finds
www.americanbankingnews.com - May 3 at 11:52 AM
americanbankingnews.com logoNorthrim BanCorp, Inc. (NRIM) Releases Quarterly Earnings Results, Beats Estimates By $0.11 EPS
www.americanbankingnews.com - May 2 at 12:32 PM
americanbankingnews.com logoNorthrim BanCorp (NRIM) Getting Somewhat Positive Press Coverage, Report Shows
www.americanbankingnews.com - April 30 at 10:04 AM
americanbankingnews.com logoNorthrim BanCorp, Inc. (NRIM) Set to Announce Earnings on Monday
www.americanbankingnews.com - April 29 at 9:36 AM
americanbankingnews.com logoNorthrim BanCorp (NRIM) Receiving Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 23 at 7:21 PM
americanbankingnews.com logoZacks: Northrim BanCorp, Inc. (NRIM) Given $31.00 Consensus Target Price by Analysts
www.americanbankingnews.com - April 19 at 7:53 AM
americanbankingnews.com logoNorthrim BanCorp (NRIM) Earning Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 18 at 5:26 PM
finance.yahoo.com logoETFs with exposure to Northrim BanCorp, Inc. : April 7, 2017
finance.yahoo.com - April 7 at 7:17 PM
finance.yahoo.com logoNORTHRIM BANCORP INC Financials
finance.yahoo.com - March 16 at 7:36 PM
us.rd.yahoo.com logo9:02 am Northrim Bank increases quarterly dividend to $0.21/share from $0.20/share
us.rd.yahoo.com - February 25 at 6:30 PM
finance.yahoo.com logoNorthrim BanCorp, Inc. Raises Quarterly Cash Dividend 5% to $0.21 per Share
finance.yahoo.com - February 24 at 9:03 AM
capitalcube.com logoNorthrim BanCorp, Inc. : NRIM-US: Dividend Analysis : December 08th, 2016 (record date) : By the numbers : January 30, 2017
us.rd.yahoo.com - January 31 at 12:34 AM
biz.yahoo.com logoNORTHRIM BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
biz.yahoo.com - January 3 at 11:13 PM
finance.yahoo.com logoNorthrim BanCorp (NRIM) in Focus: Stock Up 5% in Session
finance.yahoo.com - December 19 at 9:21 AM
biz.yahoo.com logoNORTHRIM BANCORP INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial S
biz.yahoo.com - November 22 at 6:39 PM
biz.yahoo.com logoNORTHRIM BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statement
biz.yahoo.com - August 30 at 6:27 PM
finance.yahoo.com logo9:01 am Northrim Bank increases quarterly to $0.20/share from $0.19/share
finance.yahoo.com - August 29 at 11:00 AM
globenewswire.com logoNorthrim BanCorp Earns $4.4 Million, or $0.63 per Diluted Share in 2Q16
globenewswire.com - August 1 at 6:14 PM
cnbc.com logoNorthrim posts 2Q profit
www.cnbc.com - August 1 at 6:14 PM
biz.yahoo.com logoNORTHRIM BANCORP INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - May 31 at 3:26 PM
seekingalpha.com logoNorthrim BanCorp reports Q1 results
seekingalpha.com - May 3 at 9:31 AM
biz.yahoo.com logoNORTHRIM BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - April 20 at 2:04 PM
seekingalpha.com logoCool Value In Alaska: Northrim BanCorp, Inc.
seekingalpha.com - March 28 at 3:32 AM
biz.yahoo.com logoNORTHRIM BANCORP INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 11 at 2:56 PM
nasdaq.com logoNorthrim BanCorp to Participate in FIG Partners West Coast Bank CEO Forum
www.nasdaq.com - February 2 at 1:41 PM
seekingalpha.com logoNorthrim BanCorp beats by $0.18, beats on revenue
seekingalpha.com - January 29 at 10:13 PM

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Northrim BanCorp (NRIM) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff