Northrim BanCorp Stock (NASDAQ:NRIM)


RevenueOwnershipFinancialsChart

Previous Close

$70.49

52W Range

$44.31 - $91.72

50D Avg

$77.48

200D Avg

$73.38

Market Cap

$394.91M

Avg Vol (3M)

$38.58K

Beta

0.75

Div Yield

$2.49 (3.48%)

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.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

503

IPO Date

Nov 15, 1990

Website

NRIM Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 24Dec 23Dec 22
Credit and Debit Card$4.37M$3.86M$3.70M
Deposit Account$2.35M$2.04M$1.61M

Fiscal year ends in Dec 24 | Currency in USD

NRIM Financial Summary


Dec 24Dec 23Dec 22
Revenue-$125.79M$129.19M
Operating Income$42.04M$26.38M$48.01M
Net Income$36.97M$25.39M$30.74M
EBITDA$42.04M-$42.82M
Basic EPS$6.72$4.53$5.33
Diluted EPS$6.61$4.49$5.27

Fiscal year ends in Dec 24 | Currency in USD

Peer Comparison


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