NORTHRIM BANCORP INC (NRIM) Stock Fundamental Analysis
NASDAQ:NRIM - Nasdaq - US6667621097 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to NRIM. NRIM was compared to 394 industry peers in the Banks industry. NRIM has an average financial health and profitability rating. NRIM is not priced too expensively while it is growing strongly. Keep and eye on this one! Finally NRIM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NRIM was profitable.
NRIM had a positive operating cash flow in the past year.
NRIM had positive earnings in each of the past 5 years.
In multiple years NRIM reported negative operating cash flow during the last 5 years.
1.2 Ratios
NRIM has a Return On Assets of 1.34%. This is amongst the best in the industry. NRIM outperforms 85.03% of its industry peers.
NRIM's Return On Equity of 15.05% is amongst the best of the industry. NRIM outperforms 92.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.34% | ||
| ROE | 15.05% | ||
| ROIC | N/A |
ROA(3y)1.09%
ROA(5y)1.24%
ROE(3y)12.9%
ROE(5y)13.86%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of NRIM (25.29%) is better than 60.15% of its industry peers.
NRIM's Profit Margin has improved in the last couple of years.
NRIM does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 25.29% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.45%
PM growth 5Y3.19%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NRIM does not have a ROIC to compare to the WACC, probably because it is not profitable.
NRIM has about the same amout of shares outstanding than it did 1 year ago.
NRIM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for NRIM has been reduced compared to a year ago.
2.2 Solvency
NRIM has a debt to FCF ratio of 0.76. This is a very positive value and a sign of high solvency as it would only need 0.76 years to pay back of all of its debts.
NRIM has a Debt to FCF ratio of 0.76. This is in the better half of the industry: NRIM outperforms 78.93% of its industry peers.
NRIM has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
NRIM has a better Debt to Equity ratio (0.04) than 83.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.76 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.44%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
NRIM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 48.15%, which is quite impressive.
NRIM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.77% yearly.
NRIM shows a strong growth in Revenue. In the last year, the Revenue has grown by 24.22%.
NRIM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.82% yearly.
EPS 1Y (TTM)48.15%
EPS 3Y3.23%
EPS 5Y16.77%
EPS Q2Q%67.57%
Revenue 1Y (TTM)24.22%
Revenue growth 3Y5.26%
Revenue growth 5Y8.82%
Sales Q2Q%18.34%
3.2 Future
The Earnings Per Share is expected to grow by 22.22% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 13.56% on average over the next years. This is quite good.
EPS Next Y46.28%
EPS Next 2Y22.22%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year20.47%
Revenue Next 2Y13.56%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.46, the valuation of NRIM can be described as correct.
NRIM's Price/Earnings ratio is in line with the industry average.
NRIM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.41.
The Price/Forward Earnings ratio is 9.61, which indicates a very decent valuation of NRIM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NRIM indicates a somewhat cheap valuation: NRIM is cheaper than 60.91% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.19. NRIM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.46 | ||
| Fwd PE | 9.61 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, NRIM is valued more expensive than 82.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.53 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NRIM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NRIM's earnings are expected to grow with 22.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)0.74
EPS Next 2Y22.22%
EPS Next 3YN/A
5. Dividend
5.1 Amount
NRIM has a Yearly Dividend Yield of 2.61%.
NRIM's Dividend Yield is comparable with the industry average which is at 3.31.
NRIM's Dividend Yield is comparable with the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
5.2 History
On average, the dividend of NRIM grows each year by 14.64%, which is quite nice.
NRIM has paid a dividend for at least 10 years, which is a reliable track record.
NRIM has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)14.64%
Div Incr Years15
Div Non Decr Years15
5.3 Sustainability
33.09% of the earnings are spent on dividend by NRIM. This is a low number and sustainable payout ratio.
The dividend of NRIM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP33.09%
EPS Next 2Y22.22%
EPS Next 3YN/A
NASDAQ:NRIM (7/11/2025, 8:00:02 PM)
94.71
-1.93 (-2%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners73.69%
Inst Owner Change0%
Ins Owners2.78%
Ins Owner Change0.96%
Market Cap522.80M
Analysts85
Price Target106.08 (12.01%)
Short Float %1.23%
Short Ratio1.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
Yearly Dividend2.49
Dividend Growth(5Y)14.64%
DP33.09%
Div Incr Years15
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)30.27%
Min EPS beat(2)15.38%
Max EPS beat(2)45.16%
EPS beat(4)4
Avg EPS beat(4)20.59%
Min EPS beat(4)0.6%
Max EPS beat(4)45.16%
EPS beat(8)6
Avg EPS beat(8)12.42%
EPS beat(12)7
Avg EPS beat(12)5.16%
EPS beat(16)9
Avg EPS beat(16)5.64%
Revenue beat(2)1
Avg Revenue beat(2)-6.52%
Min Revenue beat(2)-17.3%
Max Revenue beat(2)4.26%
Revenue beat(4)2
Avg Revenue beat(4)-3.09%
Min Revenue beat(4)-17.3%
Max Revenue beat(4)4.26%
Revenue beat(8)4
Avg Revenue beat(8)-1.68%
Revenue beat(12)7
Avg Revenue beat(12)7.51%
Revenue beat(16)11
Avg Revenue beat(16)19.08%
PT rev (1m)0%
PT rev (3m)5.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)14.94%
EPS NY rev (1m)9.3%
EPS NY rev (3m)17.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.62%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-13.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.46 | ||
| Fwd PE | 9.61 | ||
| P/S | 3.14 | ||
| P/FCF | 38.53 | ||
| P/OCF | 39.14 | ||
| P/B | 1.87 | ||
| P/tB | 2.59 | ||
| EV/EBITDA | N/A |
EPS(TTM)7.6
EY8.02%
EPS(NY)9.86
Fwd EY10.41%
FCF(TTM)2.46
FCFY2.6%
OCF(TTM)2.42
OCFY2.56%
SpS30.15
BVpS50.68
TBVpS36.62
PEG (NY)0.27
PEG (5Y)0.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.34% | ||
| ROE | 15.05% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 25.29% | ||
| GM | N/A | ||
| FCFM | 8.15% |
ROA(3y)1.09%
ROA(5y)1.24%
ROE(3y)12.9%
ROE(5y)13.86%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.45%
PM growth 5Y3.19%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.76 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 6.39% | ||
| Cap/Sales | 0.13% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 32.24% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC14.44%
ROIC/WACCN/A
Cap/Depr(3y)82.34%
Cap/Depr(5y)75.87%
Cap/Sales(3y)2.74%
Cap/Sales(5y)2.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)48.15%
EPS 3Y3.23%
EPS 5Y16.77%
EPS Q2Q%67.57%
EPS Next Y46.28%
EPS Next 2Y22.22%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)24.22%
Revenue growth 3Y5.26%
Revenue growth 5Y8.82%
Sales Q2Q%18.34%
Revenue Next Year20.47%
Revenue Next 2Y13.56%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-76.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-78.66%
OCF growth 3YN/A
OCF growth 5YN/A