
NORTHRIM BANCORP INC
NRIMNASDAQTrading Snapshot
- Day Range
- $26.88 β $27.52
- 52-Week Range
- $19.60 β $30.82
- Volume
- $3.38B
- Avg Volume
- $4.22B
- Shares Outstanding
- 22.2M
- Next Earnings
- Sep 1, 2026
Fundamentals Snapshot
- Annual Revenue
- $243M
- Last Q Revenue
- $64M
- P/E Ratio
- 9.0
- P/S Ratio
- 2.1x
- EPS (TTM)
- $2.89
- Dividend Yield
- 2.48%
Why Investors Own NRIM
- βHigh-growth profile β revenue up +42.8% YoY with expanding US Equity exposure.
- βHealthy economics β 71% gross margin and 22% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About NORTHRIM BANCORP INC
Northrim BanCorp, Inc. functions as the parent entity for Northrim Bank, which delivers a comprehensive range of commercial banking products and services primarily to businesses and professional clients. Its operations are divided into two main divisions: Community Banking and Home Mortgage Lending. The bank offers a diverse suite of deposit accounts, including noninterest-bearing checking accounts, interest-bearing time deposits, standard checking and savings accounts, individual retirement accounts (IRAs), money market deposit accounts, certificates of deposit (CDs), and specialized business sweep accounts. For lending needs, it provides various short and medium-term commercial loans, commercial lines of credit, construction and real estate financing, consumer loans, and solutions for short-term working capital. Customers benefit from extensive digital and convenience services such as consumer and business online banking, a mobile app with mobile deposit capabilities, mobile web and text banking, online account opening, personal finance management tools, digital document access, and a variety of debit and credit card offerings. Further convenience is provided through telebanking and automated teller machines (ATMs). Northrim also facilitates numerous financial transactions and business solutions, including personalized checks, overdraft protection via savings accounts, commercial drive-up banking, automated transfers and payments, peer-to-peer payments (People Pay), external and wire transfers, Bill Pay, direct payroll deposits, electronic tax payments, and comprehensive Automated Clearing House (ACH) origination and receipt services. Advanced business tools include remote deposit capture, account reconciliation, positive pay for fraud prevention, merchant services, and robust cash management solutions. Additionally, it offers annuity products and long-term investment portfolio management. Beyond traditional banking, the company extends its services to include investment advisory, trust services, wealth management, factoring, and mortgage brokerage. As of January 28, 2022, Northrim BanCorp operated 17 branches situated in key Alaskan locations: Anchorage (where its headquarters are located), the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka. The company was established in 1990.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
NORTHRIM BANCORP INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift NRIM price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
NORTHRIM BANCORP INC announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.