24.23 USD
+1.1 (+4.76%)
24.23 USD
0 (0%)
NRIM gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 388 industry peers in the Banks industry. Both the profitability and the financial health of NRIM get a neutral evaluation. Nothing too spectacular is happening here. NRIM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NRIM was profitable.
NRIM had a positive operating cash flow in the past year.
Each year in the past 5 years NRIM has been profitable.
The reported operating cash flow has been mixed in the past 5 years: NRIM reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of NRIM (1.90%) is better than 95.62% of its industry peers.
The Return On Equity of NRIM (19.99%) is better than 98.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 19.99% | ||
| 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 (30.60%) is better than 82.47% of its industry peers.
NRIM's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for NRIM so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 30.6% | ||
| 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.
Compared to 1 year ago, NRIM has about the same amount of shares outstanding.
The number of shares outstanding for NRIM has been reduced compared to 5 years ago.
Compared to 1 year ago, NRIM has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of NRIM is 0.07, which is an excellent value as it means it would take NRIM, only 0.07 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of NRIM (0.07) is better than 87.37% of its industry peers.
NRIM has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
NRIM has a Debt to Equity ratio of 0.03. This is amongst the best in the industry. NRIM outperforms 82.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.07 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.97%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for NRIM have decreased strongly by -36.82% in the last year.
The Earnings Per Share has been growing by 16.77% on average over the past years. This is quite good.
NRIM shows a strong growth in Revenue. In the last year, the Revenue has grown by 42.62%.
Measured over the past years, NRIM shows a quite strong growth in Revenue. The Revenue has been growing by 8.82% on average per year.
EPS 1Y (TTM)-36.82%
EPS 3Y3.23%
EPS 5Y16.77%
EPS Q2Q%-61.78%
Revenue 1Y (TTM)42.62%
Revenue growth 3Y5.26%
Revenue growth 5Y8.82%
Sales Q2Q%22.55%
3.2 Future
NRIM is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -20.59% yearly.
NRIM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.51% yearly.
EPS Next Y-63.99%
EPS Next 2Y-35.43%
EPS Next 3Y-20.59%
EPS Next 5YN/A
Revenue Next Year22.18%
Revenue Next 2Y16.22%
Revenue Next 3Y15.51%
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.55 indicates a rather cheap valuation of NRIM.
Based on the Price/Earnings ratio, NRIM is valued cheaper than 95.88% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.45, NRIM is valued rather cheaply.
The Price/Forward Earnings ratio is 8.81, which indicates a very decent valuation of NRIM.
NRIM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NRIM is cheaper than 70.62% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NRIM to the average of the S&P500 Index (34.46), we can say NRIM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.55 | ||
| Fwd PE | 8.81 |
4.2 Price Multiples
94.33% of the companies in the same industry are more expensive than NRIM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.86 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as NRIM's earnings are expected to decrease with -20.59% in the coming years.
PEG (NY)N/A
PEG (5Y)0.39
EPS Next 2Y-35.43%
EPS Next 3Y-20.59%
5. Dividend
5.1 Amount
NRIM has a Yearly Dividend Yield of 2.77%.
Compared to an average industry Dividend Yield of 3.35, NRIM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, NRIM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
5.2 History
The dividend of NRIM decreases each year by -13.12%.
NRIM has been paying a dividend for at least 10 years, so it has 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)-13.12%
Div Incr Years15
Div Non Decr Years15
5.3 Sustainability
NRIM pays out 22.56% of its income as dividend. This is a sustainable payout ratio.
The Dividend Rate of NRIM has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP22.56%
EPS Next 2Y-35.43%
EPS Next 3Y-20.59%
24.23
+1.1 (+4.76%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners74.35%
Inst Owner Change294.66%
Ins Owners1.77%
Ins Owner Change0%
Market Cap535.24M
Revenue(TTM)206.19M
Net Income(TTM)63.09M
Analysts85
Price Target32.13 (32.6%)
Short Float %2.19%
Short Ratio4.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
Yearly Dividend0.62
Dividend Growth(5Y)-13.12%
DP22.56%
Div Incr Years15
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.32%
Min EPS beat(2)-4.55%
Max EPS beat(2)-0.09%
EPS beat(4)2
Avg EPS beat(4)13.97%
Min EPS beat(4)-4.55%
Max EPS beat(4)45.16%
EPS beat(8)5
Avg EPS beat(8)13.75%
EPS beat(12)6
Avg EPS beat(12)3.5%
EPS beat(16)8
Avg EPS beat(16)4.4%
Revenue beat(2)0
Avg Revenue beat(2)-9.78%
Min Revenue beat(2)-18.46%
Max Revenue beat(2)-1.1%
Revenue beat(4)1
Avg Revenue beat(4)-8.15%
Min Revenue beat(4)-18.46%
Max Revenue beat(4)4.26%
Revenue beat(8)3
Avg Revenue beat(8)-4.02%
Revenue beat(12)5
Avg Revenue beat(12)-1.18%
Revenue beat(16)9
Avg Revenue beat(16)9.67%
PT rev (1m)9.26%
PT rev (3m)-72.17%
EPS NQ rev (1m)9.85%
EPS NQ rev (3m)-72.89%
EPS NY rev (1m)-75%
EPS NY rev (3m)-75.38%
Revenue NQ rev (1m)-16.2%
Revenue NQ rev (3m)1.13%
Revenue NY rev (1m)0.3%
Revenue NY rev (3m)-17.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.55 | ||
| Fwd PE | 8.81 | ||
| P/S | 2.6 | ||
| P/FCF | 3.86 | ||
| P/OCF | 3.81 | ||
| P/B | 1.7 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.7
EY15.27%
EPS(NY)2.75
Fwd EY11.36%
FCF(TTM)6.27
FCFY25.88%
OCF(TTM)6.35
OCFY26.21%
SpS9.33
BVpS14.29
TBVpS10.73
PEG (NY)N/A
PEG (5Y)0.39
Graham Number34.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 19.99% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 30.6% | ||
| GM | N/A | ||
| FCFM | 67.18% |
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
ROICexgc growth 3YN/A
ROICexgc 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-Score8
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.07 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 59.27% | ||
| Cap/Sales | 0.88% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 219.53% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC13.97%
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)-36.82%
EPS 3Y3.23%
EPS 5Y16.77%
EPS Q2Q%-61.78%
EPS Next Y-63.99%
EPS Next 2Y-35.43%
EPS Next 3Y-20.59%
EPS Next 5YN/A
Revenue 1Y (TTM)42.62%
Revenue growth 3Y5.26%
Revenue growth 5Y8.82%
Sales Q2Q%22.55%
Revenue Next Year22.18%
Revenue Next 2Y16.22%
Revenue Next 3Y15.51%
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 1Y632.84%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y435.55%
OCF growth 3YN/A
OCF growth 5YN/A
NORTHRIM BANCORP INC / NRIM FAQ
What is the fundamental rating for NRIM stock?
ChartMill assigns a fundamental rating of 5 / 10 to NRIM.
What is the valuation status for NRIM stock?
ChartMill assigns a valuation rating of 6 / 10 to NORTHRIM BANCORP INC (NRIM). This can be considered as Fairly Valued.
What is the profitability of NRIM stock?
NORTHRIM BANCORP INC (NRIM) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for NRIM stock?
The Price/Earnings (PE) ratio for NORTHRIM BANCORP INC (NRIM) is 6.55 and the Price/Book (PB) ratio is 1.7.
What is the financial health of NORTHRIM BANCORP INC (NRIM) stock?
The financial health rating of NORTHRIM BANCORP INC (NRIM) is 4 / 10.