Northrim BanCorp Stock (NASDAQ:NRIM)


RevenueOwnershipFinancialsChart

Previous Close

$78.07

52W Range

$43.92 - $91.72

50D Avg

$77.32

200D Avg

$62.70

Market Cap

$424.36M

Avg Vol (3M)

$24.63K

Beta

0.74

Div Yield

$2.46 (3.19%)

NRIM Company Profile


Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts. It also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short-term working capital. In addition, the company offers other services comprising consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, it provides mobile web and text banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox, card control, business employee purchase cards, home equity advantage access cards, telebanking, and automated teller services. Additionally, the company offers personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment, People Pay, external transfer, Bill Pay, wire transfer, direct payroll deposit, electronic tax payment, Automated Clearing House origination and receipt, remote deposit capture, account reconciliation and positive pay, merchant, cash management, annuity, and long term investment portfolio products and services. It also provides investment advisory, trust, wealth management, factoring, and mortgage brokerage services. As of January 28, 2022, the company operated 17 branches in Anchorage, the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.

Show More

Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

472

IPO Date

Nov 15, 1990

Website

NRIM Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Deposit Account$2.04M$1.61M$1.30M
Credit and Debit Card$3.86M$3.70M$3.39M
Bankcard Fees, Service Charges On Deposit Accounts And Other--$6.49M
Products and Services, Merchant Fees--$560.00K
Products and Services, Commissions--$417.00K
Product and Service, Other--$826.00K

Fiscal year ends in Dec 23 | Currency in USD

NRIM Financial Summary


Dec 23Dec 22Dec 21
Revenue$158.09M$129.19M$133.09M
Operating Income$26.38M$48.01M$47.99M
Net Income$25.39M$30.74M$37.52M
EBITDA$17.00K$48.03M$48.03M
Basic EPS$4.49$4.96$6.07
Diluted EPS$4.49$4.91$6.00

Fiscal year ends in Dec 23 | Currency in USD

Peer Comparison


TickerCompany
CTBICommunity Trust Bancorp, Inc.
MBWMMercantile Bank Corporation
OVLYOak Valley Bancorp
OPOFOld Point Financial Corporation
HBCPHome Bancorp, Inc.
CBANColony Bankcorp, Inc.
CHMGChemung Financial Corporation
MRBKMeridian Corporation
UBSIUnited Bankshares, Inc.
SASRSandy Spring Bancorp, Inc.
FIBKFirst Interstate BancSystem, Inc.
PPBIPacific Premier Bancorp, Inc.
FCCOFirst Community Corporation
FMBHFirst Mid Bancshares, Inc.
EGBNEagle Bancorp, Inc.
ECBKECB Bancorp, Inc.
PFSProvident Financial Services, Inc.
CFFNCapitol Federal Financial, Inc.
PEBOPeoples Bancorp Inc.
BWFGBankwell Financial Group, Inc.