28.05 USD
-0.17 (-0.6%)
28.05 USD
0 (0%)
Taking everything into account, NRIM scores 5 out of 10 in our fundamental rating. NRIM was compared to 383 industry peers in the Banks industry. NRIM has an average financial health and profitability rating. NRIM is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
NRIM had positive earnings in the past year.
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
With an excellent Return On Assets value of 1.90%, NRIM belongs to the best of the industry, outperforming 95.30% of the companies in the same industry.
NRIM's Return On Equity of 19.99% is amongst the best of the industry. NRIM outperforms 98.17% 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
NRIM has a better Profit Margin (30.60%) than 81.72% of its industry peers.
In the last couple of years the Profit Margin of NRIM has grown nicely.
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.
NRIM has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, NRIM has less shares outstanding
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 0.07. This is a very positive value and a sign of high solvency as it would only need 0.07 years to pay back of all of its debts.
NRIM has a better Debt to FCF ratio (0.07) than 87.99% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that NRIM is not too dependend on debt financing.
NRIM has a better Debt to Equity ratio (0.03) than 83.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.07 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.39%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 53.92% over the past year.
Measured over the past years, NRIM shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -11.50% on average per year.
The Revenue has grown by 42.62% in the past year. This is a very strong growth!
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)53.92%
EPS 3Y3.23%
EPS 5Y-11.5%
EPS Q2Q%52.87%
Revenue 1Y (TTM)42.62%
Revenue growth 3Y5.26%
Revenue growth 5Y8.82%
Sales Q2Q%22.55%
3.2 Future
Based on estimates for the next years, NRIM will show a very strong growth in Earnings Per Share. The EPS will grow by 26.05% on average per year.
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 Y68.76%
EPS Next 2Y31.8%
EPS Next 3Y26.05%
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 accelerating.
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
NRIM is valuated correctly with a Price/Earnings ratio of 12.41.
The rest of the industry has a similar Price/Earnings ratio as NRIM.
NRIM is valuated cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 9.79, which indicates a very decent valuation of NRIM.
Based on the Price/Forward Earnings ratio, NRIM is valued a bit cheaper than the industry average as 62.92% of the companies are valued more expensively.
NRIM is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.41 | ||
| Fwd PE | 9.79 |
4.2 Price Multiples
93.47% 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 | 4.47 | ||
| 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 26.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y31.8%
EPS Next 3Y26.05%
5. Dividend
5.1 Amount
NRIM has a Yearly Dividend Yield of 2.27%. Purely for dividend investing, there may be better candidates out there.
NRIM's Dividend Yield is slightly below the industry average, which is at 2.90.
NRIM's Dividend Yield is comparable with the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
5.2 History
The dividend of NRIM decreases each year by -13.12%.
NRIM has paid a dividend for at least 10 years, which is a reliable track record.
NRIM has not decreased their dividend for at least 10 years, which is a reliable track record.
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.
DP22.56%
EPS Next 2Y31.8%
EPS Next 3Y26.05%
28.05
-0.17 (-0.6%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners74.84%
Inst Owner Change0.18%
Ins Owners1.72%
Ins Owner Change4.12%
Market Cap619.62M
Revenue(TTM)206.19M
Net Income(TTM)63.09M
Analysts85
Price Target32.13 (14.55%)
Short Float %2.2%
Short Ratio3.59
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
Yearly Dividend0.62
Dividend Growth(5Y)-13.12%
DP22.56%
Div Incr Years15
Div Non Decr Years15
Ex-DateN/A
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)0%
PT rev (3m)16.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.06%
EPS NY rev (1m)0%
EPS NY rev (3m)-70.71%
Revenue NQ rev (1m)3.2%
Revenue NQ rev (3m)4.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.41 | ||
| Fwd PE | 9.79 | ||
| P/S | 3.01 | ||
| P/FCF | 4.47 | ||
| P/OCF | 4.42 | ||
| P/B | 1.96 | ||
| P/tB | 2.61 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.26
EY8.06%
EPS(NY)2.87
Fwd EY10.22%
FCF(TTM)6.27
FCFY22.35%
OCF(TTM)6.35
OCFY22.64%
SpS9.33
BVpS14.29
TBVpS10.73
PEG (NY)0.18
PEG (5Y)N/A
Graham Number26.96
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
WACC13.39%
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)53.92%
EPS 3Y3.23%
EPS 5Y-11.5%
EPS Q2Q%52.87%
EPS Next Y68.76%
EPS Next 2Y31.8%
EPS Next 3Y26.05%
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.
Can you provide the valuation status for NORTHRIM BANCORP INC?
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.
What is the valuation of NORTHRIM BANCORP INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for NORTHRIM BANCORP INC (NRIM) is 12.41 and the Price/Book (PB) ratio is 1.96.
Is the dividend of NORTHRIM BANCORP INC sustainable?
The dividend rating of NORTHRIM BANCORP INC (NRIM) is 5 / 10 and the dividend payout ratio is 22.56%.