NASDAQ:NRIM Northrim BanCorp (NRIM) Stock Forecast, Price & News $37.91 +0.19 (+0.50%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$37.41▼$38.0050-Day Range$34.55▼$47.5752-Week Range$33.29▼$56.77Volume19,135 shsAverage Volume26,260 shsMarket Capitalization$214.19 millionP/E Ratio7.72Dividend Yield6.33%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Northrim BanCorp MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.50% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.13Based on 4 Articles This WeekInsider TradingAcquiring Shares$283,706 Bought Last QuarterProj. Earnings Growth0.39%From $5.15 to $5.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.72 out of 5 starsFinance Sector3rd out of 901 stocksFederal Savings Institutions Industry1st out of 45 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Northrim BanCorp. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.50% of the float of Northrim BanCorp has been sold short.Short Interest Ratio / Days to CoverNorthrim BanCorp has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Northrim BanCorp has recently decreased by 53.82%, indicating that investor sentiment is improving significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipNorthrim BanCorp is a leading dividend payer. It pays a dividend yield of 6.30%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNorthrim BanCorp has been increasing its dividend for 14 years.Dividend CoverageThe dividend payout ratio of Northrim BanCorp is 48.88%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Northrim BanCorp will have a dividend payout ratio of 46.42% next year. This indicates that Northrim BanCorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NRIM. Previous Next 4.0 News and Social Media Coverage News SentimentNorthrim BanCorp has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Northrim BanCorp this week, compared to 1 article on an average week.Search Interest10 people have searched for NRIM on MarketBeat in the last 30 days. MarketBeat Follows5 people have added Northrim BanCorp to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Northrim BanCorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $283,706.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.00% of the stock of Northrim BanCorp is held by insiders.Percentage Held by Institutions65.42% of the stock of Northrim BanCorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Northrim BanCorp are expected to grow by 0.39% in the coming year, from $5.15 to $5.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Northrim BanCorp is 7.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Northrim BanCorp is 7.72, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.83.Price to Book Value per Share RatioNorthrim BanCorp has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Northrim BanCorp (NASDAQ:NRIM) StockNorthrim Bancorp, Inc. operates as a bank holding company. The firm provides personal, business and commercial banking products and services. It operates through the following segments: Community Banking and Home Mortgage Lending. The Community Banking segment offers loan and deposit products to business and consumer customers in the company's market areas. The Home Mortgage Lending segment focuses on the origination and sale of mortgage loans for 1-4 family residential properties. The company was founded on December 4, 1990 and is headquartered in Anchorage, AK.Read More Receive NRIM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Northrim BanCorp and its competitors with MarketBeat's FREE daily newsletter. Email Address NRIM Stock News HeadlinesMay 27, 2023 | msn.comNorthrim Bancorp (NRIM) Declares $0.60 DividendMay 22, 2023 | americanbankingnews.comNorthrim BanCorp (NASDAQ:NRIM) Now Covered by Analysts at StockNews.comMay 31, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 12, 2023 | finance.yahoo.comInvesting in Northrim BanCorp (NASDAQ:NRIM) three years ago would have delivered you a 100% gainMay 6, 2023 | americanbankingnews.comJoseph M. Schierhorn Buys 2,000 Shares of Northrim BanCorp, Inc. (NASDAQ:NRIM) StockMay 6, 2023 | americanbankingnews.comDavid G. Wight Buys 2,000 Shares of Northrim BanCorp, Inc. (NASDAQ:NRIM) StockMay 3, 2023 | americanbankingnews.comNorthrim BanCorp, Inc. (NASDAQ:NRIM) Director David W. Karp Buys 500 SharesMay 3, 2023 | americanbankingnews.comNorthrim BanCorp, Inc. (NASDAQ:NRIM) CFO Buys $43,680.00 in StockMay 31, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.April 27, 2023 | finance.yahoo.comNorthrim BanCorp Earns $4.8 Million, or $0.84 Per Diluted Share, in First Quarter 2023April 27, 2023 | finance.yahoo.comNorthrim BanCorp (NRIM) Lags Q1 Earnings and Revenue EstimatesApril 26, 2023 | finance.yahoo.comNorthrim announces retirement of Residential Mortgage CEO, Steve Aldrich and promotion of Mike Baldwin to CEOApril 25, 2023 | finance.yahoo.comHope Bancorp (HOPE) Q1 Earnings and Revenues Lag EstimatesApril 15, 2023 | finance.yahoo.comNorthrim BanCorp, Inc. (NASDAQ:NRIM) is largely controlled by institutional shareholders who own 61% of the companyMarch 31, 2023 | americanbankingnews.comNorthrim BanCorp (NASDAQ:NRIM) Rating Lowered to Hold at StockNews.comMarch 24, 2023 | americanbankingnews.comNorthrim BanCorp (NASDAQ:NRIM) Lifted to Buy at StockNews.comMarch 19, 2023 | finance.yahoo.comDavid Wight Is The Independent Director of Northrim BanCorp, Inc. (NASDAQ:NRIM) And They Just Picked Up 13% More SharesMarch 5, 2023 | finance.yahoo.comIndependent Director David Wight Just Bought 6.7% More Shares In Northrim BanCorp, Inc. (NASDAQ:NRIM)March 5, 2023 | seekingalpha.comNorthrim BanCorp: Reducing My Earnings Estimate And Downgrading To HoldMarch 3, 2023 | msn.comNorthrim BanCorp: Dividend InsightsFebruary 28, 2023 | finance.yahoo.comNorthrim (NRIM) Rewards Investors With a 20% Dividend HikeFebruary 24, 2023 | finance.yahoo.comNorthrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.60 per ShareJanuary 30, 2023 | finance.yahoo.comNorthrim BanCorp, Inc. Appoints Marilyn F. Romano to its Board of DirectorsJanuary 28, 2023 | finance.yahoo.comNorthrim BanCorp Full Year 2022 Earnings: EPS: US$5.33 (vs US$6.07 in FY 2021)January 26, 2023 | msn.comNorthrim BanCorp GAAP EPS of $1.48 misses by $0.11, revenue of $34.06MJanuary 26, 2023 | finance.yahoo.comNorthrim BanCorp Earns $8.6 Million, or $1.48 Per Diluted Share, in Fourth Quarter 2022, and $30.7 Million, or $5.27 Per Diluted Share, for the Year Ended December 31, 2022December 10, 2022 | seekingalpha.comNorthrim BanCorp: Solid Fundamentals, But The Stock Price Is Nearing Its LimitSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NRIM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Northrim BanCorp and its competitors with MarketBeat's FREE daily newsletter. Email Address NRIM Company Calendar Last Earnings10/28/2021Ex-Dividend for 3/17 Dividend3/08/2023Dividend Payable3/17/2023Today5/31/2023Ex-Dividend for 6/16 Dividend6/07/2023Dividend Payable6/16/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Federal savings institutions Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:NRIM CUSIP66676210 CIK1163370 Webwww.northrim.com Phone(907) 562-0062Fax907-562-1758Employees451Year Founded1990Profitability EPS (Most Recent Fiscal Year)$4.91 Trailing P/E Ratio7.67 Forward P/E Ratio7.31 P/E GrowthN/ANet Income$30.74 million Net Margins20.51% Pretax Margin25.60% Return on Equity13.05% Return on Assets1.07% Debt Debt-to-Equity Ratio0.11 Current Ratio0.75 Quick Ratio0.74 Sales & Book Value Annual Sales$134.40 million Price / Sales1.58 Cash Flow$6.21 per share Price / Cash Flow6.07 Book Value$39.72 per share Price / Book0.95Miscellaneous Outstanding Shares5,650,000Free Float5,424,000Market Cap$212.84 million OptionableNot Optionable Beta0.65 Social Links Key ExecutivesJeo SchierhornChairman, Co-President, CEO & Co-COOMichael G. HustonCo-President & Chief Lending OfficerAmber ZinsChief Operating Officer & Executive VPJed W. BallardChief Financial Officer & Executive Vice PresidentBenjamin D. CraigChief Information Officer & Executive VPKey CompetitorsHomeTrust BancsharesNASDAQ:HTBIPonce Financial GroupNASDAQ:PDLBBCB BancorpNASDAQ:BCBPSterling BancorpNASDAQ:SBTCodorus Valley BancorpNASDAQ:CVLYView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 2,010 shares on 5/22/2023Ownership: 4.356%JPMorgan Chase & Co.Bought 13,297 shares on 5/18/2023Ownership: 0.235%State Street CorpBought 2,600 shares on 5/16/2023Ownership: 0.396%Arrowstreet Capital Limited PartnershipBought 4,053 shares on 5/16/2023Ownership: 0.323%First Manhattan CO. LLC.Sold 3,500 shares on 5/16/2023Ownership: 0.273%View All Insider TransactionsView All Institutional Transactions NRIM Stock - Frequently Asked Questions How have NRIM shares performed in 2023? Northrim BanCorp's stock was trading at $54.57 on January 1st, 2023. Since then, NRIM stock has decreased by 31.0% and is now trading at $37.67. View the best growth stocks for 2023 here. Are investors shorting Northrim BanCorp? Northrim BanCorp saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 27,800 shares, a decline of 53.8% from the April 30th total of 60,200 shares. Based on an average trading volume of 31,700 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% 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 Thursday, July 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 Thursday, October, 28th. The financial services provider reported $1.42 EPS for the quarter, missing the consensus estimate of $1.44 by $0.02. The financial services provider had revenue of $33.09 million for the quarter, compared to the consensus estimate of $33.70 million. Northrim BanCorp had a net margin of 20.51% and a trailing twelve-month return on equity of 13.05%. How often does Northrim BanCorp pay dividends? What is the dividend yield for Northrim BanCorp? Northrim BanCorp declared a quarterly dividend on Friday, May 26th. Stockholders of record on Thursday, June 8th will be paid a dividend of $0.60 per share on Friday, June 16th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 6.37%. The ex-dividend date is Wednesday, June 7th. Read our dividend analysis for NRIM. What ETFs hold Northrim BanCorp's stock? ETFs with the largest weight of Northrim BanCorp (NASDAQ:NRIM) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), First Trust NASDAQ ABA Community Bank Index Fund (QABA), 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 6.30%. 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 48.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NRIM will have a dividend payout ratio of 46.42% 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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.46%), Dimensional Fund Advisors LP (8.69%), Ameriprise Financial Inc. (4.36%), LSV Asset Management (2.76%), Acadian Asset Management LLC (2.38%) and Ancora Advisors LLC (1.41%). 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 $37.67. How much money does Northrim BanCorp make? Northrim BanCorp (NASDAQ:NRIM) has a market capitalization of $212.84 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 $4.91 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 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Northrim BanCorp, Inc. 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