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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:NRIM

Northrim BanCorp Stock Forecast, Price & News

$40.30
+0.04 (+0.10%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$39.41
$40.68
50-Day Range
$38.69
$42.99
52-Week Range
$38.42
$47.34
Volume
30,959 shs
Average Volume
30,008 shs
Market Capitalization
$234.43 million
P/E Ratio
7.66
Dividend Yield
4.07%
Price Target
N/A

Northrim BanCorp Stock Forecast (MarketRank)

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
5.36% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.45mentions of Northrim BanCorp in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$196.41 K Bought Last Quarter
Proj. Earnings Growth
27.18%
From $5.04 to $6.41 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.95 out of 5 stars

Finance Sector

187th out of 1,394 stocks

Federal Savings Institutions Industry

5th out of 65 stocks

30 days | 90 days | 365 days | Advanced Chart

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Northrim BanCorp logo

About Northrim BanCorp (NASDAQ:NRIM)

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, business employee purchase cards, 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. As of January 28, 2022, the company operated 17 branches in Anchorage, the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.

NRIM Stock News Headlines

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Industry, Sector and Symbol

Industry
Federal savings institutions
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:NRIM
CUSIP
66676210
Employees
451
Year Founded
1990

Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 6/17 Dividend
6/08/2022
Dividend Payable
6/17/2022
Today
7/02/2022
Next Earnings (Estimated)
7/25/2022
Fiscal Year End
12/31/2022

Profitability

Net Income
$37.52 million
Pretax Margin
31.71%

Debt

Sales & Book Value

Annual Sales
$136.87 million
Cash Flow
$6.72 per share
Book Value
$38.31 per share

Miscellaneous

Free Float
5,613,000
Market Cap
$234.43 million
Optionable
Not Optionable
Beta
0.70

Social Links















Northrim BanCorp Frequently Asked Questions

Should I buy or sell Northrim BanCorp stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Northrim BanCorp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Northrim BanCorp stock.
View analyst ratings for Northrim BanCorp
or view top-rated stocks.

How has Northrim BanCorp's stock price performed in 2022?

Northrim BanCorp's stock was trading at $43.46 on January 1st, 2022. Since then, NRIM shares have decreased by 7.3% and is now trading at $40.30.
View the best growth stocks for 2022 here
.

When is Northrim BanCorp's next earnings date?

Northrim BanCorp is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
View our earnings forecast for Northrim BanCorp
.

How were Northrim BanCorp's earnings last quarter?

Northrim BanCorp, Inc. (NASDAQ:NRIM) announced its earnings results on Thursday, April, 28th. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.22. The financial services provider had revenue of $30.13 million for the quarter, compared to analysts' expectations of $29.50 million. Northrim BanCorp had a trailing twelve-month return on equity of 13.61% and a net margin of 24.81%.
View Northrim BanCorp's earnings history
.

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

Northrim BanCorp declared a quarterly dividend on Friday, May 27th. Stockholders of record on Thursday, June 9th will be paid a dividend of $0.41 per share on Friday, June 17th. This represents a $1.64 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend is Wednesday, June 8th.
View Northrim BanCorp's dividend history
.

Is Northrim BanCorp a good dividend stock?

Northrim BanCorp(NASDAQ:NRIM) pays an annual dividend of $1.64 per share and currently has a dividend yield of 4.07%. NRIM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Northrim BanCorp has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Northrim BanCorp is 31.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Northrim BanCorp will have a dividend payout ratio of 25.59% next year. This indicates that Northrim BanCorp will be able to sustain or increase its dividend.
View Northrim BanCorp's dividend history.

Who are Northrim BanCorp's key executives?

Northrim BanCorp's management team includes the following people:
  • Mr. Joseph M. Schierhorn, Chairman, Pres, CEO & COO (Age 64, Pay $837.48k)
  • Mr. Jed W. Ballard CPA, Exec. VP & CFO (Age 43, Pay $465.56k) (LinkedIn Profile)
  • Mr. Steve R. Aldrich, Pres & CEO of Residential Mortgage Holding Company, LLC (Age 54, Pay $1.23M)
  • Mr. Benjamin D. Craig, Exec. VP & Chief Information Officer of Northrim Bank (Age 47, Pay $386.83k)
  • 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, Sr. VP & Corp. Accounting Mang. (Age 43)
  • Mr. Mark D. Edwards, Exec. VP, Chief Credit Officer & Bank Economist
  • Ms. Kelly Lykins-Longlet, VP & Risk Mang. of Northrim Bank

What is Joe Schierhorn's approval rating as Northrim BanCorp's CEO?

2 employees have rated Northrim BanCorp CEO Joe Schierhorn on Glassdoor.com. Joe Schierhorn has an approval rating of 100% among Northrim BanCorp'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."

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 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 $40.30.

How much money does Northrim BanCorp make?

Northrim BanCorp (NASDAQ:NRIM) has a market capitalization of $234.43 million and generates $136.87 million in revenue each year. The financial services provider earns $37.52 million in net income (profit) each year or $5.259990 on an earnings per share basis.

How many employees does Northrim BanCorp have?

Northrim BanCorp employs 451 workers across the globe.

When was Northrim BanCorp founded?

Northrim BanCorp was founded in 1990.

How can I contact Northrim BanCorp?

Northrim BanCorp's mailing address is 3111 C Street, ANCHORAGE AK, 99503. The official website for Northrim BanCorp is www.northrim.com. The financial services provider can be reached via phone at (907) 562-0062, via email at [email protected], or via fax at 907-562-1758.

This page (NASDAQ:NRIM) was last updated on 7/2/2022 by MarketBeat.com Staff

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