Overview Dividends

(NRIM) Northrim BanCorp - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6667621097

Commercial Banking, Mortgages, Construction Loans, Treasury Services

Regional Banks
Market Cap in USD: 504m

IPO / Inception: 1993-10-25
Return 12m vs S&P 500: 6.36%

EPS (Earnings per Share)

EPS CAGR: -15.12%
EPS Trend: 31.5%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 19.75%
Rev. Trend: 98.3%

Last SUE: 0.81
Qual. Beats: 0

Dividends

Dividend Yield	10.34%
Yield on Cost 5y	47.57%
Yield CAGR 5y	15.55%
Payout Consistency	97.7%
Payout Ratio	8.7%

Risk via 10d forecast
Volatility	35.6%
Value at Risk 5%th	54.2%
Relative Tail Risk	-7.37%

Reward TTM
Sharpe Ratio	0.61
Alpha	4.89
CAGR/Max DD	0.95

Character TTM
Hurst Exponent	0.590
Beta	0.765
Beta Downside	0.768

Drawdowns 3y
Max DD	34.90%
Mean DD	10.41%
Median DD	9.08%

Description: NRIM Northrim BanCorp October 24, 2025

Northrim BanCorp, Inc. (NASDAQ: NRIM) is a bank holding company headquartered in Anchorage, Alaska, operating the Northrim Bank. It serves businesses and professional individuals through three primary segments: Community Banking, Home Mortgage Lending, and Specialty Finance, offering a full suite of deposit, loan, and cash-management products as well as wealth-management and advisory services.

As of the most recent quarter (Q2 2024), the company reported a loan portfolio of approximately $1.2 billion and total deposits near $1.5 billion, with a net interest margin of 3.2 % and net income of $12.3 million, reflecting modest growth despite a challenging regional-bank environment.

Key drivers for NRIM include the Federal Reserve’s interest-rate stance, which directly influences net interest margins, and Alaska’s economic exposure to oil-price fluctuations; a sustained rise in oil prices typically boosts local employment and deposit growth, while a slowdown can pressure credit quality.

For a deeper, data-driven dive into NRIM’s valuation metrics and peer comparison, the ValueRay platform offers a transparent, model-backed view that can help you assess the stock’s risk-adjusted upside.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (63.1m TTM) > 0 and > 6% of Revenue (6% = 14.1m TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA 4.07pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -921.8% (prev -1066 %; Δ 143.8pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.04 (>3.0%) and CFO 140.3m > Net Income 63.1m (YES >=105%, WARN >=100%)

Net Debt (-182.9m) to EBITDA (84.3m) ratio: -2.17 <= 3.0 (WARN <= 3.5)

Current Ratio 0.25 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (22.5m) change vs 12m ago 0.60% (target <= -2.0% for YES)

Gross Margin 80.20% (prev 77.11%; Δ 3.09pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 7.49% (prev 6.19%; Δ 1.30pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.89 (EBITDA TTM 84.3m / Interest Expense TTM 43.0m) >= 6 (WARN >= 3)

Altman Z'' -3.71

(A) -0.65 = (Total Current Assets 739.9m - Total Current Liabilities 2.91b) / Total Assets 3.31b

(B) 0.09 = Retained Earnings (Balance) 300.7m / Total Assets 3.31b

(D) 0.10 = Book Value of Equity 305.5m / Total Liabilities 3.00b

Total Rating: -3.71 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 85.23

1. Piotroski 5.0pt

2. FCF Yield data missing

3. FCF Margin 58.75%

4. Debt/Equity 0.09

5. Debt/Ebitda -2.17

6. ROIC - WACC (= 9.57)%

7. RoE 21.89%

8. Rev. Trend 98.28%

9. EPS Trend 31.50%

What is the price of NRIM shares?

As of November 30, 2025, the stock is trading at USD 24.56 with a total of 62,091 shares traded.
Over the past week, the price has changed by +1.36%, over one month by +7.25%, over three months by +4.42% and over the past year by +22.10%.

Is NRIM a buy, sell or hold?

Northrim BanCorp has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy NRIM.

Strong Buy: 2
Buy: 0
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the NRIM price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	31.5	28.3%
Analysts Target Price	31.5	28.3%
ValueRay Target Price	34.3	39.7%

NRIM Fundamental Data Overview November 20, 2025

Market Cap USD = 503.7m (503.7m USD * 1.0 USD.USD)
P/E Trailing = 8.1429
P/E Forward = 12.7714
P/S = 2.499
P/B = 1.597
Beta = 1.001
Revenue TTM = 235.0m USD
EBIT TTM = 81.2m USD
EBITDA TTM = 84.3m USD
Long Term Debt = 23.2m USD (from longTermDebt, last quarter)
Short Term Debt = 6.56m USD (from shortTermDebt, last quarter)
Debt = 29.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -182.9m USD (from netDebt column, last quarter)
Enterprise Value = -98.4m USD (503.7m + Debt 29.8m - CCE 631.9m)
Interest Coverage Ratio = 1.89 (Ebit TTM 81.2m / Interest Expense TTM 43.0m)
FCF Yield = -140.3% (FCF TTM 138.1m / Enterprise Value -98.4m)
FCF Margin = 58.75% (FCF TTM 138.1m / Revenue TTM 235.0m)
Net Margin = 26.85% (Net Income TTM 63.1m / Revenue TTM 235.0m)
Gross Margin = 80.20% ((Revenue TTM 235.0m - Cost of Revenue TTM 46.5m) / Revenue TTM)
Gross Margin QoQ = 80.40% (prev 78.54%)
Tobins Q-Ratio = -0.03 (set to none) (Enterprise Value -98.4m / Total Assets 3.31b)
Interest Expense / Debt = 35.70% (Interest Expense 10.6m / Debt 29.8m)
Taxrate = 21.71% (7.50m / 34.6m)
NOPAT = 63.6m (EBIT 81.2m * (1 - 21.71%))
Current Ratio = 0.25 (Total Current Assets 739.9m / Total Current Liabilities 2.91b)
Debt / Equity = 0.09 (Debt 29.8m / totalStockholderEquity, last quarter 315.7m)
Debt / EBITDA = -2.17 (Net Debt -182.9m / EBITDA 84.3m)
Debt / FCF = -1.32 (Net Debt -182.9m / FCF TTM 138.1m)
Total Stockholder Equity = 288.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.90% (Net Income 63.1m / Total Assets 3.31b)
RoE = 21.89% (Net Income TTM 63.1m / Total Stockholder Equity 288.2m)
RoCE = 26.08% (EBIT 81.2m / Capital Employed (Equity 288.2m + L.T.Debt 23.2m))
RoIC = 19.47% (NOPAT 63.6m / Invested Capital 326.5m)
WACC = 9.90% (E(503.7m)/V(533.5m) * Re(8.83%) + D(29.8m)/V(533.5m) * Rd(35.70%) * (1-Tc(0.22)))
Discount Rate = 8.83% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.35%
[DCF Debug] Terminal Value 66.98% ; FCFE base≈84.1m ; Y1≈55.2m ; Y5≈25.2m
Fair Price DCF = 19.74 (DCF Value 436.1m / Shares Outstanding 22.1m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 31.50 | EPS CAGR: -15.12% | SUE: -4.0 | # QB: 0
Revenue Correlation: 98.28 | Revenue CAGR: 19.75% | SUE: 0.81 | # QB: 0

Additional Sources for NRIM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle