# Northrim BanCorp Inc (NRIM) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Financial Services / Banks. Price $24.00, market value $534 million.

## Valuation
- **P/E (trailing): 9.7×** (5-yr avg 9.5×, 3-yr avg 10.7×). Northrim BanCorp Inc trades at 9.7× trailing earnings, close to its own five-year average of 9.5×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 8.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.12**. A PEG of 0.12 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.1×**. Each dollar of revenue is priced at 2.1×.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 15.3%** (5-yr avg 21.2%). Free cash flow equals 15.3% of the market value, below its five-year average of 21.2%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 10.3%**. The inverse of the P/E: 10.3% of the price is earned each year.

## Profitability
- **Gross margin: 79.2%**. Northrim BanCorp Inc keeps 79.2% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Net margin: 25.3%**. 25.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 19.8%**. 19.8% on shareholders' equity is solid.
- **Return on assets: 1.7%**. Each dollar of assets produces 1.7% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 30.4%** (3-yr 23.9%/yr). Revenue grew 30.4% over the last year.
- **EPS growth (1 yr): 72.9%** (3-yr 29.6%/yr, 5-yr 17.6%/yr). Earnings per share rose 72.9%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 21.7%/yr**. Free cash flow has compounded at 21.7% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.71%** ($0.65 per share, trailing). Northrim BanCorp Inc yields 2.71%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 23%** (18% of free cash flow). 23% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 16**. 16 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 13.2%/yr** (1-yr 4.1%). The dividend has compounded at 13.2% a year over five years, doubling roughly every 5 years at that pace.

## Analyst view
- **Analyst consensus: buy** (3 analysts). 3 analysts cover Northrim BanCorp Inc; the consensus is buy, with an average price target of $28.33 (+18% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 12.5%** (YTD -7.6%, 3-mo -11.0%). The shares are up 12.5% over twelve months including dividends.
- **From 52-week high: -22.1%** (9.7% above the low). Trading 22% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 0.64** (volatility 32%). Beta of 0.64 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NRIM · Page: https://foliofundamentals.com/stocks/nrim

Not investment advice.