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NRIM Northrim Bancorp Inc

Price (delayed)

$85.48

Market cap

$471.93M

P/E Ratio

11.19

Dividend/share

$2.49

EPS

$7.64

Enterprise value

$437.53M

Northrim BanCorp, Inc. is the parent company of Northrim Bank, an Alaska-based community bank with 17 branches in Anchorage, the Matanuska Valley, Juneau, Fairbanks, Ketchikan, Sitka and Soldotna, and a ...

Highlights
The EPS rose by 48% YoY and by 14% QoQ
NRIM's net income is up by 46% year-on-year and by 14% since the previous quarter
NRIM's P/E is 30% above its 5-year quarterly average of 8.6 and 3.6% above its last 4 quarters average of 10.8

Key stats

What are the main financial stats of NRIM
Market
Shares outstanding
5.52M
Market cap
$471.93M
Enterprise value
$437.53M
Valuations
Price to earnings (P/E)
11.19
Price to book (P/B)
1.69
Price to sales (P/S)
2.86
EV/EBIT
8.09
EV/EBITDA
7.62
EV/Sales
2.66
Earnings
Revenue
$164.7M
Gross profit
$164.7M
Operating income
$54.07M
Net income
$42.1M
EBIT
$54.07M
EBITDA
$57.39M
Free cash flow
$13.57M
Per share
EPS
$7.64
EPS diluted
$7.52
Free cash flow per share
$2.46
Book value per share
$50.67
Revenue per share
$29.84
TBVPS
$559.81
Balance sheet
Total assets
$3.14B
Total liabilities
$2.86B
Debt
$31.13M
Equity
$279.76M
Working capital
N/A
Liquidity
Debt to equity
0.11
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.6
Margins
EBITDA margin
34.8%
Gross margin
100%
Net margin
25.6%
Operating margin
32.8%
Efficiency
Return on assets
1.4%
Return on equity
16%
Return on invested capital
1.8%
Return on capital employed
N/A
Return on sales
32.8%
Dividend
Dividend yield
2.91%
DPS
$2.49
Payout ratio
32.6%

NRIM stock price

How has the Northrim Bancorp stock price performed over time
Intraday
2.37%
1 week
2.89%
1 month
24.64%
1 year
65.18%
YTD
9.67%
QTD
16.74%

Financial performance

How have Northrim Bancorp's revenue and profit performed over time
Revenue
$164.7M
Gross profit
$164.7M
Operating income
$54.07M
Net income
$42.1M
Gross margin
100%
Net margin
25.6%
NRIM's operating income has soared by 50% YoY and by 15% from the previous quarter
NRIM's net income is up by 46% year-on-year and by 14% since the previous quarter
NRIM's revenue is up by 26% year-on-year and by 8% since the previous quarter
NRIM's gross profit is up by 26% year-on-year and by 8% since the previous quarter

Price vs fundamentals

How does NRIM's price correlate with its fundamentals

Growth

What is Northrim Bancorp's growth rate over time

Valuation

What is Northrim Bancorp stock price valuation
P/E
11.19
P/B
1.69
P/S
2.86
EV/EBIT
8.09
EV/EBITDA
7.62
EV/Sales
2.66
The EPS rose by 48% YoY and by 14% QoQ
NRIM's P/E is 30% above its 5-year quarterly average of 8.6 and 3.6% above its last 4 quarters average of 10.8
NRIM's P/B is 41% above its 5-year quarterly average of 1.2 and 13% above its last 4 quarters average of 1.5
The equity has grown by 17% YoY and by 4.7% from the previous quarter
The P/S is 43% above the 5-year quarterly average of 2.0 and 10% above the last 4 quarters average of 2.6
NRIM's revenue is up by 26% year-on-year and by 8% since the previous quarter

Efficiency

How efficient is Northrim Bancorp business performance
The ROA has grown by 40% YoY and by 8% from the previous quarter
Northrim Bancorp's ROIC has increased by 38% YoY and by 6% from the previous quarter
The company's return on equity rose by 28% YoY and by 10% QoQ
The ROS rose by 19% YoY and by 6% QoQ

Dividends

What is NRIM's dividend history
DPS
$2.49
Dividend yield
2.91%
Payout ratio
32.6%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Northrim Bancorp financials performed over time
NRIM's total assets is 10% greater than its total liabilities
NRIM's total assets is up by 14% year-on-year and by 3.3% since the previous quarter
The company's total liabilities rose by 14% YoY and by 3.1% QoQ
The debt is 89% smaller than the equity
The debt to equity has contracted by 27% from the previous quarter and by 21% YoY
The debt has declined by 24% since the previous quarter and by 5% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.