Northrim Bancorp Stock Analysis
| NRIM Stock | USD 54.78 1.47 2.61% |
Northrim BanCorp is fairly valued with Real Value of 55.72 and Target Price of 58.0. The main objective of Northrim BanCorp stock analysis is to determine its intrinsic value, which is an estimate of what Northrim BanCorp is worth, separate from its market price. There are two main types of Northrim BanCorp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Northrim BanCorp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Northrim BanCorp's stock to identify patterns and trends that may indicate its future price movements.
The Northrim BanCorp stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Northrim BanCorp is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Northrim Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Northrim BanCorp's ongoing operational relationships across important fundamental and technical indicators.
Northrim |
Northrim Stock Analysis Notes
About 70.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.06. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Northrim BanCorp recorded earning per share (EPS) of 5.13. The entity last dividend was issued on the 6th of March 2024. The firm had 105:100 split on the 19th of September 2007. Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska. Northrim Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 451 people. To find out more about Northrim BanCorp contact Joseph Schierhorn at 907 562 0062 or learn more at https://www.northrim.com.Northrim BanCorp Quarterly Total Revenue |
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Northrim BanCorp Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Northrim BanCorp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Northrim BanCorp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Northrim BanCorp has a poor financial position based on the latest SEC disclosures | |
| About 70.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Russell Investments Group Ltd. Boosts Stock Holdings in Northrim BanCorp, Inc. - Defense World |
Northrim BanCorp Upcoming and Recent Events
Earnings reports are used by Northrim BanCorp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Northrim BanCorp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Northrim Largest EPS Surprises
Earnings surprises can significantly impact Northrim BanCorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1995-04-18 | 1995-03-31 | 0.09 | 0.1 | 0.01 | 11 | ||
1994-10-15 | 1994-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
1996-10-16 | 1996-09-30 | 0.12 | 0.14 | 0.02 | 16 |
Northrim BanCorp Environmental, Social, and Governance (ESG) Scores
Northrim BanCorp's ESG score is a quantitative measure that evaluates Northrim BanCorp's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Northrim BanCorp's operations that may have significant financial implications and affect Northrim BanCorp's stock price as well as guide investors towards more socially responsible investments.
Northrim Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Northrim BanCorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northrim BanCorp backward and forwards among themselves. Northrim BanCorp's institutional investor refers to the entity that pools money to purchase Northrim BanCorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Kennedy Capital Management Inc | 2023-12-31 | 64.9 K | Bridgeway Capital Management, Llc | 2023-12-31 | 56.8 K | Huber Capital Management Llc | 2023-12-31 | 55.9 K | Northern Trust Corp | 2023-12-31 | 51.1 K | Bank Of New York Mellon Corp | 2023-12-31 | 50.8 K | Ancora Advisors Llc | 2023-12-31 | 46 K | Putnam Investments, Llc., A Franklin Templeton Company | 2023-12-31 | 40 K | John W. Rosenthal Capital Management, Inc. | 2023-12-31 | 30 K | Arrowstreet Capital Limited Partnership | 2023-12-31 | 28.2 K | Blackrock Inc | 2023-12-31 | 771.4 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 468.8 K |
Northrim Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 301.27 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northrim BanCorp's market, we take the total number of its shares issued and multiply it by Northrim BanCorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Northrim Profitablity
Northrim BanCorp's profitability indicators refer to fundamental financial ratios that showcase Northrim BanCorp's ability to generate income relative to its revenue or operating costs. If, let's say, Northrim BanCorp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Northrim BanCorp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Northrim BanCorp's profitability requires more research than a typical breakdown of Northrim BanCorp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.22 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.32 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.32. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.11 | 0.08 |
Management Efficiency
Northrim BanCorp has return on total asset (ROA) of 0.0108 % which means that it generated a profit of $0.0108 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.124 %, meaning that it created $0.124 on every $100 dollars invested by stockholders. Northrim BanCorp's management efficiency ratios could be used to measure how well Northrim BanCorp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 21st of May 2024, Return On Capital Employed is likely to grow to 0.03, while Return On Tangible Assets are likely to drop 0.01. At this time, Northrim BanCorp's Fixed Asset Turnover is very stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 41.90 | 44.00 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 35.03 | 34.18 | |
| Enterprise Value Over EBITDA | 13.8 K | 14.5 K | |
| Price Book Value Ratio | 1.37 | 1.41 | |
| Enterprise Value Multiple | 13.8 K | 14.5 K | |
| Price Fair Value | 1.37 | 1.41 | |
| Enterprise Value | 235 M | 246.8 M |
The analysis of Northrim BanCorp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Northrim BanCorp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Northrim Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0445 | Forward Dividend Yield 0.0445 | Forward Dividend Rate 2.44 | Beta 0.722 |
Technical Drivers
As of the 21st of May, Northrim BanCorp secures the Risk Adjusted Performance of 0.0584, mean deviation of 1.76, and Downside Deviation of 2.33. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northrim BanCorp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Northrim BanCorp, which can be compared to its peers in the industry. Please verify Northrim BanCorp information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Northrim BanCorp is priced some-what accurately, providing market reflects its recent price of 54.78 per share. Given that Northrim BanCorp has jensen alpha of 0.1445, we recommend you to check Northrim BanCorp's last-minute market performance to make sure the company can sustain itself at a future point.Northrim BanCorp Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Northrim BanCorp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Northrim BanCorp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Northrim BanCorp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Northrim BanCorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Northrim BanCorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Northrim BanCorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Northrim BanCorp Predictive Daily Indicators
Northrim BanCorp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Northrim BanCorp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 606.89 | |||
| Daily Balance Of Power | (0.70) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 55.84 | |||
| Day Typical Price | 55.48 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (1.79) | |||
| Period Momentum Indicator | (1.47) |
Northrim BanCorp Corporate Filings
10Q | 3rd of May 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 24th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 10th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 9th of April 2024 Other Reports | ViewVerify | |
F3 | 8th of April 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 29th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 8th of March 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
13A | 13th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Northrim BanCorp Forecast Models
Northrim BanCorp's time-series forecasting models are one of many Northrim BanCorp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Northrim BanCorp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Northrim Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Northrim BanCorp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Northrim shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Northrim BanCorp. By using and applying Northrim Stock analysis, traders can create a robust methodology for identifying Northrim entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.20 | 0.32 | |
| Operating Profit Margin | 0.17 | 0.16 | |
| Net Profit Margin | 0.16 | 0.14 | |
| Gross Profit Margin | 1.14 | 1.09 |
Current Northrim Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Northrim analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Northrim analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 58.0 | Strong Buy | 1 | Odds |
Most Northrim analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Northrim stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Northrim BanCorp, talking to its executives and customers, or listening to Northrim conference calls.
Northrim Stock Analysis Indicators
Northrim BanCorp stock analysis indicators help investors evaluate how Northrim BanCorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Northrim BanCorp shares will generate the highest return on investment. By understating and applying Northrim BanCorp stock analysis, traders can identify Northrim BanCorp position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 259.4 M | |
| Long Term Debt | 24 M | |
| Common Stock Shares Outstanding | 5.7 M | |
| Total Stockholder Equity | 234.7 M | |
| Tax Provision | 5.8 M | |
| Quarterly Earnings Growth Y O Y | 0.762 | |
| Property Plant And Equipment Net | 49.8 M | |
| Cash And Short Term Investments | -27.5 M | |
| Cash | 118.5 M | |
| Net Debt | -85.5 M | |
| 50 Day M A | 48.9744 | |
| Total Current Liabilities | 1.9 B | |
| Other Operating Expenses | 127.3 M | |
| Non Current Assets Total | 2.6 B | |
| Forward Price Earnings | 9.058 | |
| Non Currrent Assets Other | 2.4 B | |
| Stock Based Compensation | 937 K |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim BanCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Northrim Stock analysis
When running Northrim BanCorp's price analysis, check to measure Northrim BanCorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northrim BanCorp is operating at the current time. Most of Northrim BanCorp's value examination focuses on studying past and present price action to predict the probability of Northrim BanCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northrim BanCorp's price. Additionally, you may evaluate how the addition of Northrim BanCorp to your portfolios can decrease your overall portfolio volatility.
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Is Northrim BanCorp's industry 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.