Northrim Price Book Value Ratio from 2010 to 2024
| NRIM Stock | USD 54.03 0.39 0.73% |
Price Book Value Ratio | First Reported 2010-12-31 | Previous Quarter 1.3652986 | Current Value 1.41 | Quarterly Volatility 0.16846372 |
Check Northrim BanCorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northrim BanCorp's main balance sheet or income statement drivers, such as Interest Expense of 2.1 M, Other Operating Expenses of 133.7 M or Operating Income of 25.5 M, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0446 or PTB Ratio of 1.41. Northrim financial statements analysis is a perfect complement when working with Northrim BanCorp Valuation or Volatility modules.
Northrim | Price Book Value Ratio |
Latest Northrim BanCorp's Price Book Value Ratio Growth Pattern
Below is the plot of the Price Book Value Ratio of Northrim BanCorp over the last few years. It is Northrim BanCorp's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northrim BanCorp's overall financial position and show how it may be relating to other accounts over time.
| Price Book Value Ratio | 10 Years Trend |
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Price Book Value Ratio |
| Timeline |
Northrim Price Book Value Ratio Regression Statistics
| Arithmetic Mean | 1.18 | |
| Geometric Mean | 1.17 | |
| Coefficient Of Variation | 14.25 | |
| Mean Deviation | 0.13 | |
| Median | 1.17 | |
| Standard Deviation | 0.17 | |
| Sample Variance | 0.03 | |
| Range | 0.5398 | |
| R-Value | 0.40 | |
| Mean Square Error | 0.03 | |
| R-Squared | 0.16 | |
| Significance | 0.14 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.40 |
Northrim Price Book Value Ratio History
About Northrim BanCorp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Northrim BanCorp income statement, its balance sheet, and the statement of cash flows. Northrim BanCorp investors use historical funamental indicators, such as Northrim BanCorp's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Northrim BanCorp investors may use each financial statement separately, they are all related. The changes in Northrim BanCorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northrim BanCorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Northrim BanCorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Northrim BanCorp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price Book Value Ratio | 1.37 | 1.41 |
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Additional Information and Resources on Investing in Northrim Stock
When determining whether Northrim BanCorp is a strong investment it is important to analyze Northrim BanCorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northrim BanCorp's future performance. For an informed investment choice regarding Northrim Stock, refer to the following important reports:Check out the analysis of Northrim BanCorp Correlation against competitors. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrim BanCorp. If investors know Northrim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrim BanCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.762 | Dividend Share 2.42 | Earnings Share 5.13 | Revenue Per Share 23.472 | Quarterly Revenue Growth 0.154 |
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.