NRIM Northrim Bancorp PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: NRIM
- PE Ratio
As of Nov 5, 2025, the Northrim Bancorp stock's PE ratio is 8.02. This results from the current EPS of $2.86 and stock price of $22.93. The P/E ratio has a decrease of 20% from the past four quarters average of 10.1.
NRIM PE ratio history
The PE ratio of Northrim Bancorp has averaged 10.84 over the last ten years. The current PE ratio of 8.02 is 26% below the historical average. Over the past ten years, NRIM's PE ratio was at its highest in the Sep 2018 quarter at 18.55, when the stock price was $10.39 and the EPS was $0.56. The lowest value was in the Sep 2020 quarter, when it reached 5.96 with a price of $6.37 and an EPS of $1.07.
Northrim Bancorp PE ratio by year
Maximum annual increase: 48.48% in 2016
Maximum annual decrease: -47.11% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 11.6 | -8.37% | $19.49 | $1.68 |
| 2023 | 12.66 | 23.39% | $14.3 | $1.13 |
| 2022 | 10.26 | 43.5% | $13.64 | $1.33 |
| 2021 | 7.15 | 8.66% | $10.87 | $1.52 |
| 2020 | 6.58 | -47.11% | $8.49 | $1.29 |
| 2019 | 12.44 | 10.48% | $9.58 | $0.77 |
| 2018 | 11.26 | -36.13% | $8.22 | $0.73 |
| 2017 | 17.63 | 16.06% | $8.46 | $0.48 |
| 2016 | 15.19 | 48.48% | $7.9 | $0.52 |
| 2015 | 10.23 | -0.2% | $6.65 | $0.65 |
| 2014 | 10.25 | -26.58% | $6.56 | $0.64 |
| 2013 | 13.96 | 23.32% | $6.56 | $0.47 |
| 2012 | 11.32 | 13.77% | $5.66 | $0.5 |
| 2011 | 9.95 | -25.86% | $4.38 | $0.44 |
| 2010 | 13.42 | -1.4% | $4.83 | $0.36 |
Northrim Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 7.57 | -34.12% | $21.66 | $2.86 |
| Jun 2025 | 11.49 | 19.94% | $23.32 | $2.03 |
| Mar 2025 | 9.58 | -17.41% | $18.31 | $1.91 |
| Dec 2024 | 11.6 | -3.57% | $19.49 | $1.68 |
| Sep 2024 | 12.03 | 21.88% | $17.81 | $1.48 |
| Jun 2024 | 9.87 | 0.82% | $14.41 | $1.46 |
| Mar 2024 | 9.79 | -22.67% | $12.63 | $1.29 |
| Dec 2023 | 12.66 | 54.58% | $14.3 | $1.13 |
| Sep 2023 | 8.19 | 6.64% | $9.91 | $1.21 |
| Jun 2023 | 7.68 | -19.24% | $9.83 | $1.28 |
| Mar 2023 | 9.51 | -7.31% | $11.8 | $1.24 |
| Dec 2022 | 10.26 | 28.41% | $13.64 | $1.33 |
| Sep 2022 | 7.99 | -3.97% | $10.39 | $1.3 |
| Jun 2022 | 8.32 | 2.34% | $10.07 | $1.21 |
| Mar 2022 | 8.13 | 13.71% | $10.89 | $1.34 |
NRIM Price vs fair value
NRIM average PE ratio chart
The current PE ratio of NRIM is below the 3, 5 and 10-year averages.
PE comparison
With a P/E of 8.02, NRIM is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 13.73, Northrim Bancorp's P/E is 42% lower.
NRIM PE vs peers
NRIM's PE ratio is lower than its peer stocks WFC and EWBC. Northrim Bancorp is presently trading at a lower PE ratio (8.02) than its peer group average of 12.54.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRIM Northrim Bancorp Inc | 8.02 | $506.54M |
| PLBC Plumas Bancorp | 8.43 | $288.03M |
| CATY Cathay General Bancorp | 11.15 | $3.21B |
| EWBC East West Bancorp Inc | 11.68 | $13.88B |
| CVBF Cvb Financial Corp | 12.62 | $2.57B |
| WFC Wells Fargo & Company | 14.16 | $272.94B |
| HTBK Heritage Commerce Corp | 17.17 | $664.85M |
| KEY Keycorp | N/A | $19.21B |
Frequently asked questions
What is Northrim Bancorp's PE ratio?
NRIM's price to earnings ratio is 8.02 as of Nov 5, 2025.
What is the 3-year average PE ratio for Northrim Bancorp (NRIM)?
As an average over the last 3 years, NRIM stock has a PE ratio of 10.02.
What is the 5-year average PE ratio for Northrim Bancorp (NRIM)?
As an average over the last 5 years, NRIM stock has a PE ratio of 8.88.
What is the highest PE ratio for NRIM?
In the last ten years, the Sep 2018 quarter recorded the highest quarterly PE ratio at 18.55.
How does the current PE ratio for NRIM compare to its historical average?
NRIM's price to earnings ratio is currently 26% below its 10-year historical average.
Why is Northrim Bancorp's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
How is NRIM's PE ratio calculated (Northrim Bancorp PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 5, 2025), Northrim Bancorp's stock price is $22.93. The earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $2.86. Therefore, Northrim Bancorp's P/E ratio for today is 8.02. PE RATIO(8.02) = STOCK PRICE($22.93) / TTM EPS($2.86)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.