Northrim 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: Commercial Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:NRIM
- CUSIP: 66676210
- Web: www.northrim.com
Capitalization:- Market Cap: $207.3 million
- Outstanding Shares: 6,910,000
Average Prices:- 50 Day Moving Avg: $30.73
- 200 Day Moving Avg: $30.18
- 52 Week Range: $24.35 - $33.00
P/E:- Trailing P/E Ratio: 13.97
- Foreward P/E Ratio: 13.84
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $96.72 million
- Price / Sales: 2.13
- Book Value: $27.40 per share
- Price / Book: 1.09
Dividend:- Annual Dividend: $0.84
- Dividend Yield: 2.8%
Profitability:- Net Margins: 14.62%
- Return on Equity: 8.83%
- Return on Assets: 1.08%
Debt:- Debt-to-Equity Ratio: 0.12%
- Current Ratio: 0.83%
- Quick Ratio: 0.81%
Misc:- Average Volume: 16,100 shs.
- Beta: 0.6
- Short Ratio: 9.82
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 declared a quarterly dividend on Friday, May 26th. Stockholders of record on Thursday, June 8th will be paid a dividend of $0.21 per share on Friday, June 16th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend is Tuesday, June 6th. View Northrim BanCorp's Dividend History.
How were Northrim BanCorp's earnings last quarter?
Northrim BanCorp Inc (NASDAQ:NRIM) issued its quarterly earnings results on Monday, May, 1st. The company reported $0.55 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.11. The firm had revenue of $22.73 million for the quarter, compared to the consensus estimate of $22 million. Northrim BanCorp had a return on equity of 8.83% and a net margin of 14.62%. View Northrim BanCorp's Earnings History.
When will Northrim BanCorp make its next earnings announcement?
Who are some of Northrim BanCorp's key competitors?
Some companies that are related to Northrim BanCorp include Bank of Marin Bancorp (BMRC), Guaranty Bancshares (GNTY), Old Second Bancorp (OSBC), Macatawa Bank Corporation (MCBC), Western New England Bancorp (WNEB), Charter Financial Corp. (CHFN), Central Valley Community Bancorp (CVCY), Southern First Bancshares (SFST), Summit Financial Group (SMMF), MutualFirst Financial (MFSF), Civista Bancshares (CIVB), Capstar Financial Holdings (CSTR), Investar Holding Corporation (ISTR), LCNB Corporation (LCNB), First Business Financial Services (FBIZ), Orrstown Financial Services (ORRF), Two River Bancorp (TRCB) and DNB Financial Corp (DNBF).
Who are Northrim BanCorp's key executives?
Northrim BanCorp's management team includes the folowing people:
- Joseph M. Beedle, Chairman of the Board
- Joseph M. Schierhorn, President, Chief Executive Officer, Chief Operating Officer
- Latosha M. Frye, Chief Financial Officer, Executive Vice President of company and bank
- Benjamin Craig, Executive Vice President, Chief Information Officer
- Mike Martin, Executive Vice President, General Counsel, Corporate Secretary
- Larry S. Cash, Independent Director
- Mark G. Copeland, Independent Director
- Anthony Drabek, Independent Director
- Karl L. Hanneman, Independent Director
- David J. McCambridge, Independent Director
Who owns Northrim BanCorp stock?
Northrim BanCorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.76%) and Legato Capital Management LLC (0.41%). 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 bought Northrim BanCorp stock? Who is buying Northrim BanCorp stock?
Northrim BanCorp's stock was purchased by a variety of institutional investors in the last quarter, including Legato Capital Management LLC and Dalton Greiner Hartman Maher & Co.. 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.
What is Northrim BanCorp's stock price today?
One share of Northrim BanCorp stock can currently be purchased for approximately $29.75.
MarketBeat Community Rating for Northrim BanCorp (NASDAQ NRIM)MarketBeat's community ratings are surveys of what our community members think about Northrim BanCorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Northrim BanCorp (NASDAQ:NRIM) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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 History for Northrim BanCorp (NASDAQ:NRIM)Earnings History by Quarter for Northrim BanCorp (NASDAQ NRIM)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/31/2017 | | | | | | | | |
| 5/1/2017 | Q1 2017 | $0.44 | $0.55 | $22.00 million | $22.73 million | View | N/A |  |
| 1/30/2017 | Q4 2016 | $0.54 | $0.51 | $24.00 million | $24.25 million | View | N/A | |
| 8/1/2016 | Q2 2016 | $0.64 | $0.63 | $25.30 million | $25.94 million | View | N/A | |
| 5/3/2016 | Q1 | $0.43 | $0.48 | $19.70 million | $23.28 million | View | N/A | |
| 10/27/2015 | Q3 | $0.66 | $0.77 | $25.30 million | $27.09 million | View | N/A | |
| 7/28/2015 | Q215 | $0.63 | $0.69 | $24.50 million | $25.76 million | View | N/A | |
| 4/28/2015 | Q115 | $0.46 | $0.51 | $19.60 million | $24.17 million | View | N/A | |
| 1/27/2015 | Q4 2014 | $0.57 | $0.54 | $18.70 million | $23.30 million | View | N/A | |
| 10/21/2014 | Q3 | $0.48 | $0.53 | $17.50 million | $18.66 million | View | N/A | |
| 7/22/2014 | Q2 2014 | $0.37 | $0.63 | $16.90 million | $17.52 million | View | N/A | |
| 4/22/2014 | Q1 2014 | $0.31 | $0.40 | $14.40 million | $13.97 million | View | N/A | |
| 1/21/2014 | Q4 | $0.41 | $0.40 | | | View | N/A | |
| 10/22/2013 | Q3 13 | $0.43 | $0.53 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Northrim BanCorp (NASDAQ:NRIM)2017 EPS Consensus Estimate: $1.99
2018 EPS Consensus Estimate: $2.14
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.44 | $0.44 | $0.44 |
| Q2 2017 | 1 | $0.47 | $0.47 | $0.47 |
| Q3 2017 | 1 | $0.55 | $0.55 | $0.55 |
| Q4 2017 | 1 | $0.53 | $0.53 | $0.53 |
| Q1 2018 | 1 | $0.41 | $0.41 | $0.41 |
| Q2 2018 | 1 | $0.56 | $0.56 | $0.56 |
| Q3 2018 | 1 | $0.63 | $0.63 | $0.63 |
| Q4 2018 | 1 | $0.54 | $0.54 | $0.54 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Northrim BanCorp (NASDAQ:NRIM)| Most Recent Dividend: | 6/16/2017 |
| Annual Dividend: | $0.84 |
| Dividend Yield: | 2.82% |
| Payout Ratio: | 39.44% (Trailing 12 Months of Earnings)
42.00% (Based on This Year's Estimates)
39.07% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Northrim BanCorp (NASDAQ NRIM)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/26/2017 | Quarterly | $0.21 | 2.8% | 6/6/2017 | 6/8/2017 | 6/16/2017 |
| 2/24/2017 | Quarterly | $0.21 | 2.88% | 3/7/2017 | 3/9/2017 | 3/17/2017 |
| 11/18/2016 | Quarterly | $0.20 | 2.82% | 12/6/2016 | 12/8/2016 | 12/16/2016 |
| 8/29/2016 | quarterly | $0.20 | 3.12% | 9/13/2016 | 9/15/2016 | 9/23/2016 |
| 5/31/2016 | quarterly | $0.19 | 2.86% | 6/14/2016 | 6/16/2016 | 6/24/2016 |
| 2/29/2016 | quarterly | $0.19 | 3.14% | 3/8/2016 | 3/10/2016 | 3/18/2016 |
| 11/23/2015 | quarterly | $0.19 | 2.68% | 12/8/2015 | 12/10/2015 | 12/18/2015 |
| 9/1/2015 | quarterly | $0.19 | 2.77% | 9/8/2015 | 9/10/2015 | 9/18/2015 |
| 6/1/2015 | quarterly | $0.18 | 2.97% | 6/9/2015 | 6/11/2015 | 6/19/2015 |
| 3/2/2015 | quarterly | $0.18 | 2.98% | 3/10/2015 | 3/12/2015 | 3/20/2015 |
| 11/24/2014 | quarterly | $0.18 | 2.6% | 12/9/2014 | 12/11/2014 | 12/19/2014 |
| 8/1/2014 | quarterly | $0.17 | 2.91% | 9/9/2014 | 9/11/2014 | 9/19/2014 |
| 5/15/2014 | quarterly | $0.17 | 2.85% | 6/3/2014 | 6/5/2014 | 6/13/2014 |
| 2/21/2014 | quarterly | $0.17 | 2.76% | 3/11/2014 | 3/13/2014 | 3/21/2014 |
| 11/22/2013 | quarterly | $0.17 | 2.66% | 12/10/2013 | 12/12/2013 | 12/20/2013 |
| 8/16/2013 | quarterly | $0.17 | 2.83% | 9/3/2013 | 9/5/2013 | 9/13/2013 |
| 5/17/2013 | quarterly | $0.15 | 2.69% | 6/4/2013 | 6/6/2013 | 6/14/2013 |
| 2/22/2013 | quarterly | $0.15 | 2.75% | 3/12/2013 | 3/14/2013 | 3/22/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Northrim BanCorp (NASDAQ:NRIM)Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 71.03%
Insider Trades by Quarter for Northrim BanCorp (NASDAQ:NRIM)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/30/2017 | David J Mccambridge | Director | Buy | 750 | $30.50 | $22,875.00 | |
| 3/10/2017 | Larry S Cash | Director | Sell | 4,345 | $28.09 | $122,051.05 | |
| 2/24/2017 | Anthony Drabek | Director | Sell | 340 | $30.30 | $10,302.00 | |
| 2/13/2017 | Joseph M Beedle | Chairman | Sell | 9,485 | $29.50 | $279,807.50 | |
| 8/18/2016 | Krystal Murphy Nelson | Director | Buy | 400 | $24.96 | $9,984.00 | |
| 8/17/2016 | Linda C Thomas | Director | Buy | 800 | $25.69 | $20,552.00 | |
| 8/9/2016 | David W Karp | Director | Buy | 656 | $26.64 | $17,475.84 | |
| 6/14/2016 | Karl L Hanneman | Director | Buy | 500 | $25.35 | $12,675.00 | |
| 6/13/2016 | Murphy Krystal Nelson | Director | Buy | 400 | $26.00 | $10,400.00 | |
| 6/8/2016 | David J Mccambridge | Director | Buy | 850 | $26.78 | $22,763.00 | |
| 6/3/2016 | John C Swalling | Director | Buy | 800 | $26.18 | $20,944.00 | |
| 6/2/2016 | Latosha M Frye | CFO | Buy | 34 | $26.69 | $907.46 | |
| 5/31/2016 | Anthony Drabek | Director | Buy | 735 | $26.55 | $19,514.25 | |
| 5/26/2016 | David G Wight | Director | Buy | 1,000 | $26.97 | $26,970.00 | |
| 3/10/2016 | Anthony Drabek | Director | Sell | 850 | $24.02 | $20,417.00 | |
| 2/3/2016 | Joseph M Beedle | CEO | Buy | 600 | $24.41 | $14,646.00 | |
| 11/25/2015 | Steven L. Hartung | EVP | Sell | 1,144 | $29.06 | $33,244.64 | |
| 11/3/2015 | Joseph M Schierhorn | COO | Sell | 2,600 | $28.53 | $74,178.00 | |
| 9/11/2015 | Steven L. Hartung | EVP | Sell | 1,142 | $28.01 | $31,987.42 | |
| 8/25/2015 | Larry S Cash | Director | Buy | 100 | $25.99 | $2,599.00 | |
| 6/2/2015 | David G Wight | Director | Sell | 4,000 | $24.38 | $97,520.00 | |
| 6/1/2015 | David G Wight | Director | Buy | 1,000 | $24.19 | $24,190.00 | |
| 2/17/2015 | Joseph M Beedle | CEO | Buy | 2,540 | $22.23 | $56,464.20 | |
| 9/2/2014 | Joseph M Beedle | EVP | Buy | 4,125 | $24.63 | $101,598.75 | |
| 8/28/2014 | David G Wight | Director | Buy | 2,000 | $24.41 | $48,820.00 | |
| 8/26/2014 | Ronald A Davis | Director | Buy | 404 | $24.73 | $9,990.92 | |
| 4/28/2014 | Joseph M Schierhorn | CFO | Sell | 2,800 | $23.97 | $67,116.00 | |
| 2/19/2013 | David G Wight | Director | Buy | 1,000 | $22.34 | $22,340.00 | |
| 8/23/2012 | David G Wight | Director | Buy | 1,000 | $20.56 | $20,560.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Northrim BanCorp (NASDAQ:NRIM)
Latest Headlines for Northrim BanCorp (NASDAQ:NRIM)
| Source: |
|
| Date | Headline |
|---|
 | Northrim BanCorp, Inc. to Redeem $8 Million Trust Preferred Securities
finance.yahoo.com - July 15 at 6:58 AM |
 | Northrim BanCorp Names Joe Schierhorn President, CEO; Beedle Remains Chairman
www.nasdaq.com - June 27 at 6:43 AM |
| Northrim BanCorp Names Joe Schierhorn President, CEO; Beedle Remains Chairman
www.nasdaq.com - June 27 at 6:43 AM |
 | Northrim Bank Promotes Schierhorn to President and CEO; Beedle Remains Chairman
feeds.benzinga.com - June 26 at 6:58 PM |
| ETFs with exposure to Northrim BanCorp, Inc. : June 12, 2017
finance.yahoo.com - June 12 at 4:14 PM |
| Northrim BanCorp, Inc. :NRIM-US: Earnings Analysis: Q1, 2017 By the Numbers : June 9, 2017
finance.yahoo.com - June 9 at 7:07 PM |
| Northrim BanCorp, Inc. : NRIM-US: Dividend Analysis : June 07th, 2017 (record date) : By the numbers : June 7, 2017
finance.yahoo.com - June 7 at 6:39 PM |
 | Northrim BanCorp, Inc. (NRIM) Director David J. Mccambridge Buys 750 Shares
www.americanbankingnews.com - May 30 at 8:31 PM |
| Northrim BanCorp, Inc. (NRIM) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 29 at 4:34 PM |
| Northrim BanCorp, Inc. (nrim) Plans Quarterly Dividend of $0.21
www.americanbankingnews.com - May 29 at 10:56 AM |
| Northrim BanCorp, Inc. Declares Regular Quarterly Cash Dividend of $0.21 per Share
finance.yahoo.com - May 26 at 7:50 PM |
| Michael G. Huston Named Chief Lending Officer of Northrim Bank
finance.yahoo.com - May 26 at 5:22 AM |
| FIG Partners Brokers Reduce Earnings Estimates for Northrim BanCorp, Inc. (NRIM)
www.americanbankingnews.com - May 11 at 8:08 AM |
| Northrim BanCorp (NRIM) Earns Media Impact Score of 0.31
www.americanbankingnews.com - May 9 at 12:31 AM |
| Northrim BanCorp to Participate in the 19th Annual D.A. Davidson Financial Institutions Conference
finance.yahoo.com - May 5 at 7:11 PM |
| Northrim BanCorp (NRIM) Getting Very Favorable News Coverage, Report Finds
www.americanbankingnews.com - May 3 at 11:52 AM |
| Northrim BanCorp, Inc. (NRIM) Releases Quarterly Earnings Results, Beats Estimates By $0.11 EPS
www.americanbankingnews.com - May 2 at 12:32 PM |
| Northrim BanCorp (NRIM) Getting Somewhat Positive Press Coverage, Report Shows
www.americanbankingnews.com - April 30 at 10:04 AM |
| Northrim BanCorp, Inc. (NRIM) Set to Announce Earnings on Monday
www.americanbankingnews.com - April 29 at 9:36 AM |
| Northrim BanCorp (NRIM) Receiving Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 23 at 7:21 PM |
| Zacks: Northrim BanCorp, Inc. (NRIM) Given $31.00 Consensus Target Price by Analysts
www.americanbankingnews.com - April 19 at 7:53 AM |
| Northrim BanCorp (NRIM) Earning Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 18 at 5:26 PM |
| ETFs with exposure to Northrim BanCorp, Inc. : April 7, 2017
finance.yahoo.com - April 7 at 7:17 PM |
| NORTHRIM BANCORP INC Financials
finance.yahoo.com - March 16 at 7:36 PM |
 | 9:02 am Northrim Bank increases quarterly dividend to $0.21/share from $0.20/share
us.rd.yahoo.com - February 25 at 6:30 PM |
| Northrim BanCorp, Inc. Raises Quarterly Cash Dividend 5% to $0.21 per Share
finance.yahoo.com - February 24 at 9:03 AM |
 | Northrim 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 |
| NORTHRIM 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 |
| Northrim BanCorp (NRIM) in Focus: Stock Up 5% in Session
finance.yahoo.com - December 19 at 9:21 AM |
| NORTHRIM 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 |
| NORTHRIM 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 |
| 9:01 am Northrim Bank increases quarterly to $0.20/share from $0.19/share
finance.yahoo.com - August 29 at 11:00 AM |
 | Northrim BanCorp Earns $4.4 Million, or $0.63 per Diluted Share in 2Q16
globenewswire.com - August 1 at 6:14 PM |
 | Northrim posts 2Q profit
www.cnbc.com - August 1 at 6:14 PM |
| NORTHRIM 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 |
 | Northrim BanCorp reports Q1 results
seekingalpha.com - May 3 at 9:31 AM |
| NORTHRIM BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - April 20 at 2:04 PM |
| Cool Value In Alaska: Northrim BanCorp, Inc.
seekingalpha.com - March 28 at 3:32 AM |
| NORTHRIM BANCORP INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 11 at 2:56 PM |
| Northrim BanCorp to Participate in FIG Partners West Coast Bank CEO Forum
www.nasdaq.com - February 2 at 1:41 PM |
| Northrim BanCorp beats by $0.18, beats on revenue
seekingalpha.com - January 29 at 10:13 PM |
Northrim BanCorp (NRIM) Chart for Saturday, July, 22, 2017
