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

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$32.85 -0.37 (-1.11 %)

(As of 12/16/2018 01:01 PM ET)

Previous Close$32.85

Today's Range$32.80 - $33.31

52-Week Range$32.00 - $45.40

Volume11,990 shs

Average Volume12,172 shs

Market Capitalization$226.15 million

P/E Ratio16.10

Dividend Yield3.29%

Beta0.74

Northrim 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

Stock Exchange NASDAQ

Industry Federal savings institutions

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:NRIM

Previous Symbol

CUSIP66676210

Webwww.northrim.com

Phone907-562-0062

Debt

Debt-to-Equity Ratio0.09

Current Ratio0.87

Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio16.10

Forward P/E Ratio11.14

P/E GrowthN/A

Sales & Book Value

Annual Sales$100.58 million

Price / Sales2.25

Cash Flow$2.6513 per share

Price / Cash Flow12.39

Book Value$28.06 per share

Price / Book1.17

Profitability

EPS (Most Recent Fiscal Year)$2.04

Net Income$13.15 million

Net Margins16.25%

Return on Equity9.28%

Return on Assets1.22%

Miscellaneous

Employees429

Outstanding Shares6,880,000

Market Cap$226.15 million

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 announced a quarterly dividend on Monday, December 3rd. Investors of record on Thursday, December 13th will be paid a dividend of $0.27 per share on Friday, December 21st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend is Wednesday, December 12th. View Northrim BanCorp's Dividend History.

How were Northrim BanCorp's earnings last quarter?

Northrim BanCorp, Inc. (NASDAQ:NRIM) posted its quarterly earnings data on Monday, October, 29th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.74 by $0.13. The financial services provider earned $24.49 million during the quarter, compared to analyst estimates of $24.10 million. Northrim BanCorp had a net margin of 16.25% and a return on equity of 9.28%. 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, February 4th 2019. View Earnings Estimates for Northrim BanCorp.

Has Northrim BanCorp been receiving favorable news coverage?

Headlines about NRIM stock have been trending somewhat positive this week, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Northrim BanCorp earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are some of Northrim BanCorp's key competitors?

Some companies that are related to Northrim BanCorp include Meta Financial Group (CASH), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM), BBX Capital (BBXTB), First Defiance Financial (FDEF), Access National (ANCX), Hometrust Bancshares (HTBI), Waterstone Financial (WSBF), Sterling Bancorp (SBT), Farmers & Merchants Bancorp, Inc. (OH) (FMAO), NASB Financial (NASB), Western New England Bancorp (WNEB), Territorial Bancorp (TBNK), BankFinancial (BFIN) and PDL Community Bancorp (PDLB).

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)
Ms. Latosha M. Frye, Sr. VP & Corp. Accounting Mang. (Age 39)
Mr. Benjamin D. Craig, Exec. VP & Chief Information Officer of Northrim Bank (Age 43)
Mr. Michael G. Huston, Exec. VP & Chief Lending Officer of Northrim Bank (Age 50)

Who are Northrim BanCorp's major shareholders?

Northrim BanCorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.39%), BlackRock Inc. (7.68%), Royce & Associates LP (5.86%), Vanguard Group Inc. (5.05%), Vanguard Group Inc (5.05%) and The Manufacturers Life Insurance Company (3.79%). 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, 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 FMR LLC, Seizert Capital Partners LLC, Royce & Associates LP, Martingale Asset Management L P, Pacific Ridge Capital Partners LLC, The Manufacturers Life Insurance Company , Foundry Partners LLC and LSV Asset Management. Company insiders that have sold Northrim BanCorp company stock in the last year include Anthony Drabek, David G Wight and Michael A Martin. View Insider Buying and Selling for Northrim BanCorp.

Which major investors are buying Northrim BanCorp stock?

NRIM stock was bought by a variety of institutional investors in the last quarter, including Acuitas Investments LLC, Walthausen & Co. LLC, Hillsdale Investment Management Inc., Renaissance Technologies LLC, Vanguard Group Inc, Vanguard Group Inc., JPMorgan Chase & Co. and Chicago Equity Partners LLC. 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 $32.85.

How big of a company is Northrim BanCorp?

Northrim BanCorp has a market capitalization of $226.15 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.

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 ( )
Outperform Votes:		122 (Vote Outperform)
Underperform Votes:		173 (Vote Underperform)
Total Votes:		295

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 12/16/2018 by MarketBeat.com Staff

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