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Northrim BanCorp Inc. (NRIM)

Stock Price: $22.85 USD -0.17 (-0.74%)
Updated Aug 3, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 145.51M
Revenue (ttm) 108.93M
Net Income (ttm) 17.41M
Shares Out 6.37M
EPS (ttm) 3.49
PE Ratio 6.55
Forward PE 6.09
Dividend $1.36
Dividend Yield 5.95%

Stock Quote

Trading Day Aug 3, 2020
Last Price $22.85
Previous Close $23.02
Change ($) -0.17
Change (%) -0.74%
Day's Open 23.02
Day's Range 22.72 - 23.34
Day's Volume 20,930
52-Week Range 17.32 - 42.28

More Stats

Market Cap 145.51M
Enterprise Value 120.57M
Earnings Date (est) Nov 2, 2020
Ex-Dividend Date Jun 10, 2020
Shares Outstanding 6.37M
Float 6.24M
EPS (basic) 2.61
EPS (diluted) 3.49
FCF / Share -4.75
Dividend $1.36
Dividend Yield 5.95%
Earnings Yield 15.27%
FCF Yield n/a
Payout Ratio 49.80%
Shares Short 120,882
Short Ratio 2.61
Short % of Float 1.39%
Beta 0.60
PE Ratio 6.55
Forward PE 6.09
P/FCF Ratio n/a
PS Ratio 1.34
PB Ratio 0.74
Revenue 108.93M
Operating Income 21.89M
Net Income 17.41M
Free Cash Flow -30.70M
Net Cash 24.94M
Net Cash / Share 3.92
Gross Margin 93.69%
Operating Margin 20.10%
Profit Margin 17.30%
FCF Margin -28.18%
ROA 1.29%
ROE 11.16%
ROIC 1.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$27.00*
Low
27.0
Current: $22.85
High
27.0
Target: 27.00
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue10393.8894.9597.3299.7672.9657.5659.2153.4651.01
Revenue Growth9.68%-1.13%-2.44%-2.45%36.73%26.77%-2.8%10.77%4.8%-
Gross Profit10393.8894.9597.3299.7672.9657.5659.2153.4651.01
Operating Income26.1324.8824.4921.3927.1624.9318.6619.6116.7013.38
Net Income20.6920.0013.1514.4117.7817.4112.3312.9511.409.07
Shares Outstanding6.716.886.896.886.866.766.526.486.446.40
Earnings Per Share3.042.861.882.062.562.541.871.971.741.40
EPS Growth6.29%52.13%-8.74%-19.53%0.79%35.83%-5.08%13.22%24.29%-
Dividend Per Share1.261.020.860.780.740.700.640.560.500.44
Dividend Growth23.53%18.6%10.26%5.41%5.71%9.38%14.29%12%13.64%-
Operating Cash Flow-0.8225.1519.2820.1210.6420.4818.6532.55-5.0318.11
Capital Expenditures-3.04-4.03-7.12-1.89-6.95-5.28-2.21-1.59-0.66-2.11
Free Cash Flow-3.8621.1312.1718.233.6815.2016.4430.96-5.6916.00
Cash & Equivalents95.4277.5477.8450.5558.6772.0699.0915591.5366.03
Total Debt33.4351.8345.4250.5052.1064.7146.2342.0839.5336.82
Net Cash / Debt61.9925.7132.420.056.587.3552.8611352.0029.22
Assets1,6441,5031,5191,5271,4991,4491,2151,1601,0851,055
Liabilities1,4371,2971,3261,3401,3221,2851,0711,024960937
Book Value207206193187177164144136125117
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Northrim BanCorp Inc.
Country United States
Employees 431
CEO Joseph M. Schierhorn

Stock Information

Ticker Symbol NRIM
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: NRIM

Description

Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals in Alaska. 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, money market deposit accounts, certificates of deposit, and courier noncash deposits. It 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 loans for automobiles, recreational vehicles, boats, and other consumer purchases, as well as home equity and commercial credit lines, and factoring services. In addition, the company offers other services that include 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, home equity advantage access cards, and telebanking and automated teller services. Further, it provides personalized checks, overdraft protection for savings accounts, commercial drive-up banking services, automatic transfers and payments, People Pay services, external and wire transfers, bill pay services, direct payroll deposits, electronic tax payments, automated clearing house origination and receipt services, remote deposit capture services, account reconciliation and positive pay services, merchant and cash management programs, annuity products, and long term investment portfolios. As of January 27, 2020, the company operated 16 branches in Anchorage, the Matanuska Valley, Juneau, Fairbanks, Ketchikan, and Sitka. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.