NASDAQ:NRIM - Northrim BanCorp Stock Price, Price Target & More

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$39.95 +0.05 (+0.13 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$39.95
Today's Range$39.50 - $40.25
52-Week Range$26.31 - $40.90
Volume66,196 shs
Average Volume20,159 shs
Market Capitalization$274.19 million
P/E Ratio19.58
Dividend Yield2.41%
Beta0.73
Northrim BanCorp logoNorthrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professionals in Alaska. The company operates in two segments, Community Banking and Home Mortgage Lending. It offers various deposit products, including noninterest-bearing checking accounts and interest-bearing time deposits, checking accounts, and savings accounts, as well as money market deposit accounts, certificates of deposit, and courier noncash deposits. The company 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 consumer loans comprising loans for automobiles, recreational vehicles, boats, and other consumer purchases, as well as home equity and commercial credit lines, and factoring services. In addition, it offers other services comprising 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, personalized checks at account opening, telebanking, automated teller, overdraft protection from a savings account, commercial drive-up banking, automatic transfers and payments, wire transfers, direct payroll deposit, electronic tax payments, automated clearing house origination and receipt, remote deposit capture, merchant, and cash management services, as well as annuity products, and long term investment portfolios. As of January 29, 2018, the company operated 14 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
SymbolNASDAQ:NRIM
CUSIP66676210
Phone907-562-0062

Debt

Debt-to-Equity Ratio0.09
Current Ratio0.85
Quick Ratio0.82

Price-To-Earnings

Trailing P/E Ratio19.58
Forward P/E Ratio16.17
P/E GrowthN/A

Sales & Book Value

Annual Sales$100.58 million
Price / Sales2.73
Cash Flow$2.6545 per share
Price / Cash15.05
Book Value$28.06 per share
Price / Book1.42

Profitability

EPS (Most Recent Fiscal Year)$2.04
Net Income$13.15 million
Net Margins13.47%
Return on Equity8.45%
Return on Assets1.08%

Miscellaneous

Employees429
Outstanding Shares6,870,000

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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 Friday, May 25th. Stockholders of record on Thursday, June 7th will be paid a dividend of $0.24 per share on Friday, June 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Wednesday, June 6th. View Northrim BanCorp's Dividend History.

How were Northrim BanCorp's earnings last quarter?

Northrim BanCorp, Inc. (NASDAQ:NRIM) issued its earnings results on Monday, April, 30th. The financial services provider reported $0.58 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.16. The financial services provider earned $21.73 million during the quarter, compared to analyst estimates of $21.50 million. Northrim BanCorp had a net margin of 13.47% and a return on equity of 8.45%. 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, 30th 2018. View Earnings Estimates for Northrim BanCorp.

Who are some of Northrim BanCorp's key competitors?

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 60)
  • Mr. Michael A. Martin, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51)
  • Mr. Benjamin D. Craig, Chief Information Officer & Exec. VP of Northrim Bank (Age 43)
  • Ms. Latosha M. Frye, Sr. VP & Corp. Accounting Mang. (Age 39)
  • Mr. Jed W. Ballard CPA, Exec. VP & Chief Financial Officer (Age 39)

Has Northrim BanCorp been receiving favorable news coverage?

Headlines about NRIM stock have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Northrim BanCorp earned a coverage optimism score of 0.12 on Accern's scale. They also assigned news headlines about the financial services provider an impact score of 46.00 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Northrim BanCorp's major shareholders?

Northrim BanCorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.41%), BlackRock Inc. (7.43%), The Manufacturers Life Insurance Company (3.80%), Royal Bank of Canada (2.08%), Maltese Capital Management LLC (1.60%) and Wedbush Securities Inc. (1.39%). Company insiders that own Northrim BanCorp stock include Anthony Drabek, David J Mccambridge, David W Karp, John C Swalling, Joseph M Beedle, Karl L Hanneman, Krystal Murphy Nelson, Larry S Cash, Linda C Thomas and Michael A Martin. View Institutional Ownership Trends for Northrim BanCorp.

Which major investors are selling Northrim BanCorp stock?

NRIM stock was sold by a variety of institutional investors in the last quarter, including Maltese Capital Management LLC, Wedbush Securities Inc., Russell Investments Group Ltd., Dalton Greiner Hartman Maher & Co., Schwab Charles Investment Management Inc., California Public Employees Retirement System, BlackRock Inc. and O Shaughnessy Asset Management LLC. Company insiders that have sold Northrim BanCorp company stock in the last year include Anthony Drabek and Michael A Martin. View Insider Buying and Selling for Northrim BanCorp.

Which major investors are buying Northrim BanCorp stock?

NRIM stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Acuitas Investments LLC and Dimensional Fund Advisors LP. Company insiders that have bought Northrim BanCorp stock in the last two years include Anthony Drabek, 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 $39.95.

How big of a company is Northrim BanCorp?

Northrim BanCorp has a market capitalization of $274.19 million and generates $100.58 million in revenue each year. The financial services provider earns $13.15 million in net income (profit) each year or $2.04 on an earnings per share basis. Northrim BanCorp employs 429 workers across the globe.

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 (NRIM)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  96 (Vote Outperform)
Underperform Votes:  137 (Vote Underperform)
Total Votes:  233
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 6/23/2018 by MarketBeat.com Staff

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