Northrim BanCorp, Inc. (NRIM)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total net revenue | $m | 134 | 133 | 129 | 130 | 155 | 200 | 207 | - |
| Operating profit | $m | 86 | 91 | ||||||
| Net profit | $m | 33 | 38 | 31 | 25 | 37 | 65 | 69 | 60 |
| EPS reported | $ | 2.87 | 3.04 | ||||||
| Operating cashflow per share | $ | 6.31 | 8.76 | ||||||
| Capex per share | $ | 0.25 | 0.38 | ||||||
| FCF per share | $ | 6.06 | 8.38 | ||||||
| Free cash flow | $m | 134 | 186 | ||||||
| Net debt | $m | -262 | -545 | ||||||
| Book value equity | $m | 327 | 348 | ||||||
| Book value per share | $ | 14.49 | 15.41 | ||||||
| Number of shares | m | 22.53 | 22.56 | ||||||
| DPS (TTM paid) | $ | 0.64 | 0.65 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 9.27 | 8.22 | ||||||
| P/B LTM | x | 1.80 | 1.69 | ||||||
| P/S LTM | x | 2.94 | 2.83 | ||||||
| P/FCF LTM | x | 4.39 | 3.16 | ||||||
| EV/EBITDA LTM | x | 5.97 | 5.57 | ||||||
| EV/Sales LTM | x | 2.18 | 2.12 | ||||||
| Earnings Yield LTM | % | +10.79% | +12.17% | ||||||
| FCF Yield | % | +22.77% | +31.65% | ||||||
| Quality | |||||||||
| ROE | % | +19.79% | +20.68% | ||||||
| ROIC | % | +13.80% | +2.14% | ||||||
| Operating margin | % | +35.52% | +36.54% | ||||||
| Gross margin | % | +81.42% | +81.58% | ||||||
| FCF/Sales | % | +55.20% | +74.74% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +72.89% | +83.13% | ||||||
| Sales Growth YoY | % | +28.69% | +33.63% | ||||||
| Net Income Growth YoY | % | +74.75% | +85.34% | ||||||
| FCF Growth | % | - | - | ||||||
| Operating Profit Growth | % | +83.31% | +93.61% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +2.47% | +2.35% | ||||||
| Dividend Growth | % | +4.07% | +5.69% | ||||||
| Payout Ratio | % | +22.49% | +21.30% | ||||||
| FCF/Debt | x | 1.53 | 2.00 | ||||||
| Net Debt/EBITDA | x | -0.66 | -0.83 | ||||||
| EBIT/Net interest | x | 2.01 | 2.19 | ||||||
| Net debt/market cap | % | +13.90% | +13.46% | ||||||
| Net debt/Equity | x | -0.80 | -1.57 | ||||||
| Gross debt/equity | x | 0.27 | 0.27 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Northrim BanCorp, Inc. functions as the parent entity for Northrim Bank, which delivers a comprehensive range of commercial banking products and services primarily to businesses and professional clients. Its operations are divided into two main divisions: Community Banking and Home Mortgage Lending. The bank offers a diverse suite of deposit accounts, including noninterest-bearing checking accounts, interest-bearing time deposits, standard checking and savings accounts, individual retirement accounts (IRAs), money market deposit accounts, certificates of deposit (CDs), and specialized business sweep accounts. For lending needs, it provides various short and medium-term commercial loans, commercial lines of credit, construction and real estate financing, consumer loans, and solutions for short-term working capital. Customers benefit from extensive digital and convenience services such as consumer and business online banking, a mobile app with mobile deposit capabilities, mobile web and text banking, online account opening, personal finance management tools, digital document access, and a variety of debit and credit card offerings. Further convenience is provided through telebanking and automated teller machines (ATMs). Northrim also facilitates numerous financial transactions and business solutions, including personalized checks, overdraft protection via savings accounts, commercial drive-up banking, automated transfers and payments, peer-to-peer payments (People Pay), external and wire transfers, Bill Pay, direct payroll deposits, electronic tax payments, and comprehensive Automated Clearing House (ACH) origination and receipt services. Advanced business tools include remote deposit capture, account reconciliation, positive pay for fraud prevention, merchant services, and robust cash management solutions. Additionally, it offers annuity products and long-term investment portfolio management. Beyond traditional banking, the company extends its services to include investment advisory, trust services, wealth management, factoring, and mortgage brokerage. As of January 28, 2022, Northrim BanCorp operated 17 branches situated in key Alaskan locations: Anchorage (where its headquarters are located), the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka. The company was established in 1990.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Northrim BanCorp, Inc. (NRIM)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Northrim BanCorp, Inc. functions as the parent entity for Northrim Bank, which delivers a comprehensive range of commercial banking products and services primarily to businesses and professional clients. Its operations are divided into two main divisions: Community Banking and Home Mortgage Lending. The bank offers a diverse suite of deposit accounts, including noninterest-bearing checking accounts, interest-bearing time deposits, standard checking and savings accounts, individual retirement accounts (IRAs), money market deposit accounts, certificates of deposit (CDs), and specialized business sweep accounts. For lending needs, it provides various short and medium-term commercial loans, commercial lines of credit, construction and real estate financing, consumer loans, and solutions for short-term working capital. Customers benefit from extensive digital and convenience services such as consumer and business online banking, a mobile app with mobile deposit capabilities, mobile web and text banking, online account opening, personal finance management tools, digital document access, and a variety of debit and credit card offerings. Further convenience is provided through telebanking and automated teller machines (ATMs). Northrim also facilitates numerous financial transactions and business solutions, including personalized checks, overdraft protection via savings accounts, commercial drive-up banking, automated transfers and payments, peer-to-peer payments (People Pay), external and wire transfers, Bill Pay, direct payroll deposits, electronic tax payments, and comprehensive Automated Clearing House (ACH) origination and receipt services. Advanced business tools include remote deposit capture, account reconciliation, positive pay for fraud prevention, merchant services, and robust cash management solutions. Additionally, it offers annuity products and long-term investment portfolio management. Beyond traditional banking, the company extends its services to include investment advisory, trust services, wealth management, factoring, and mortgage brokerage. As of January 28, 2022, Northrim BanCorp operated 17 branches situated in key Alaskan locations: Anchorage (where its headquarters are located), the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka. The company was established in 1990.
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