NASDAQ:NRIM - Northrim BanCorp Stock Price, News, & Analysis

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$33.74 -1.04 (-2.99 %)
(As of 05/23/2019 02:49 PM ET)
Previous Close$34.78
Today's Range$33.74 - $34.25
52-Week Range$29.66 - $45.40
Volume223 shs
Average Volume14,763 shs
Market Capitalization$231.12 million
P/E Ratio11.84
Dividend Yield3.39%
Beta0.71
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals in Alaska. 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, money market deposit accounts, certificates of deposit, and courier noncash deposits. It also provides family residential mortgages; commercial loans, such as secured and unsecured loans for working capital and expansion; commercial real estate loans; construction loans for commercial real estate projects, and land development and residential subdivision construction loans; and loans for automobiles, recreational vehicles, boats, and other consumer purchases, as well as home equity and commercial credit lines, and factoring services. In addition, the company offers other services that include consumer online banking, mobile app and mobile deposit, mobile Web and text banking, business online banking, personal finance, online documents, consumer and business debit cards, home equity advantage access cards, and telebanking and automated teller services. Further, it provides personalized checks, overdraft protection for savings accounts, commercial drive-up banking services, automatic transfers and payments, People Pay services, external and wire transfers, bill pay services, direct payroll deposits, electronic tax payments, automated clearing house origination and receipt services, remote deposit capture services, account reconciliation and positive pay services, merchant and cash management programs, annuity products, and long term investment portfolios. As of January 28, 2019, the company operated 15 branches in Anchorage, the Matanuska Valley, Juneau, Fairbanks, Ketchikan, and Sitka. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.

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Industry, Sector and Symbol

Industry Federal savings institutions
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:NRIM
CUSIP66676210
Phone907-562-0062

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$96.34 million
Cash Flow$3.2505 per share
Book Value$30.49 per share

Profitability

Net Income$20 million

Miscellaneous

Employees430
Market Cap$231.12 million
Next Earnings Date7/29/2019 (Estimated)
OptionableNot Optionable

Northrim BanCorp (NASDAQ:NRIM) Frequently Asked Questions

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 declared a quarterly dividend on Monday, March 4th. Stockholders of record on Thursday, March 14th will be given a dividend of $0.30 per share on Friday, March 22nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date of this dividend is Wednesday, March 13th. This is a boost from Northrim BanCorp's previous quarterly dividend of $0.27. View Northrim BanCorp's Dividend History.

How were Northrim BanCorp's earnings last quarter?

Northrim BanCorp, Inc. (NASDAQ:NRIM) announced its earnings results on Monday, April, 29th. The financial services provider reported $0.62 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.63 by $0.01. The financial services provider earned $23.30 million during the quarter, compared to analysts' expectations of $23.10 million. Northrim BanCorp had a return on equity of 9.91% and a net margin of 20.56%. View Northrim BanCorp's Earnings History.

When is Northrim BanCorp's next earnings date?

Northrim BanCorp is scheduled to release their next quarterly earnings announcement on Monday, July 29th 2019. View Earnings Estimates for Northrim BanCorp.

Has Northrim BanCorp been receiving favorable news coverage?

Media coverage about NRIM stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Northrim BanCorp earned a daily sentiment score of 0.7 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the stock's share price in the near term.

Who are some of Northrim BanCorp's key competitors?

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), Coupa Software (COUP), Boeing (BA), Walt Disney (DIS), Paycom Software (PAYC), Shopify (SHOP), Axon Enterprise (AAXN), Appian (APPN), CME Group (CME) and Intel (INTC).

Who are Northrim BanCorp's key executives?

Northrim BanCorp's management team includes the folowing people:
  • Mr. Joseph M. Schierhorn, Chairman, Pres, CEO & COO (Age 61)
  • Mr. Jed W. Ballard CPA, Exec. VP & CFO (Age 40)
  • Mr. Michael A. Martin, Exec. VP, Gen. Counsel & Corp. Sec. (Age 52)
  • Mr. Benjamin D. Craig, Exec. VP & Chief Information Officer of Northrim Bank (Age 44)
  • Mr. Michael G. Huston, Exec. VP & Chief Lending Officer of Northrim Bank (Age 51)

Who are Northrim BanCorp's major shareholders?

Northrim BanCorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.39%), BlackRock Inc. (7.71%), Royce & Associates LP (5.46%), The Manufacturers Life Insurance Company (3.75%), Renaissance Technologies LLC (2.44%) and AltraVue Capital LLC (2.22%). Company insiders that own Northrim BanCorp stock include Aaron Michael Schutt, Anthony Drabek, David G Wight, David J Mccambridge, David W Karp, John C Swalling, Karl L Hanneman, Krystal Murphy Nelson, Larry S Cash, Linda C Thomas and Michael A Martin. View Institutional Ownership Trends for Northrim BanCorp.

Which institutional investors are selling Northrim BanCorp stock?

NRIM stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Wedbush Securities Inc., Morgan Stanley, Oxford Asset Management LLP, Renaissance Technologies LLC and Private Capital Management LLC. Company insiders that have sold Northrim BanCorp company stock in the last year include David G Wight and Michael A Martin. View Insider Buying and Selling for Northrim BanCorp.

Which institutional investors are buying Northrim BanCorp stock?

NRIM stock was acquired by a variety of institutional investors in the last quarter, including Pacific Ridge Capital Partners LLC, Royce & Associates LP, AJO LP, Bailard Inc., Parametric Portfolio Associates LLC, Dalton Greiner Hartman Maher & Co., Legato Capital Management LLC and Acadian Asset Management LLC. Company insiders that have bought Northrim BanCorp stock in the last two years include Aaron Michael Schutt, Anthony Drabek, David G Wight, David J Mccambridge, David W Karp, John C Swalling, Karl L Hanneman, Krystal Murphy Nelson, Larry S Cash and Linda C Thomas. View Insider Buying and Selling for Northrim BanCorp.

How do I buy shares of Northrim BanCorp?

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

What is Northrim BanCorp's stock price today?

One share of NRIM stock can currently be purchased for approximately $33.74.

How big of a company is Northrim BanCorp?

Northrim BanCorp has a market capitalization of $231.12 million and generates $96.34 million in revenue each year. The financial services provider earns $20 million in net income (profit) each year or $2.86 on an earnings per share basis. Northrim BanCorp employs 430 workers across the globe.

What is Northrim BanCorp's official website?

The official website for Northrim BanCorp is http://www.northrim.com/.

How can I contact Northrim BanCorp?

Northrim BanCorp's mailing address is 3111 C Street, ANCHORAGE AK, 99503. The financial services provider can be reached via phone at 907-562-0062 or via email at [email protected]


MarketBeat Community Rating for Northrim BanCorp (NASDAQ NRIM)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  138 (Vote Outperform)
Underperform Votes:  195 (Vote Underperform)
Total Votes:  333
MarketBeat's community ratings are surveys of what our community members think about Northrim BanCorp and other stocks. Vote "Outperform" if you believe NRIM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NRIM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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