# Northrim BanCorp Inc (NRIM) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Banks. Price $26.45, market value $588 million.

## Valuation
- **P/E (trailing): 8.7×** (5-yr avg 9.5×, 3-yr avg 10.7×). Northrim BanCorp Inc trades at 8.7× 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 9.6×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.13**. A PEG of 0.13 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.2×**. Each dollar of revenue is priced at 2.2×.
- **Price / book: 1.7×**. The shares trade at 1.7× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 31.6%** (5-yr avg 21.2%). Free cash flow equals 31.6% of the market value, above its five-year average of 21.2%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 11.5%**. The inverse of the P/E: 11.5% of the price is earned each year.

## Profitability
- **Gross margin: 82.0%**. Northrim BanCorp Inc keeps 82.0% 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: 2.1%**. Each dollar of assets produces 2.1% 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: 2.46%** ($0.32 per share, trailing). Northrim BanCorp Inc yields 2.46%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 23%** (8% 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.

## Price and momentum
- **Total return (1 yr): 16.3%** (YTD 0.7%, 3-mo 7.3%). The shares are up 16.3% over twelve months including dividends.
- **From 52-week high: -14.2%** (34.9% above the low). Trading 14% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 0.71** (volatility 34%). Beta of 0.71 against the S&P 500: the shares move roughly with the market.

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

Not investment advice.