Financials Northrim BanCorp, Inc.

Equities

NRIM

US6667621097

Banks

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
49.02 USD +2.19% Intraday chart for Northrim BanCorp, Inc. +5.67% -14.32%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 211.6 266.8 310.2 316.1 269.6 -
Enterprise Value (EV) 1 211.6 266.8 310.2 316.1 269.6 269.6
P/E ratio 6.64 x 7.24 x 10.4 x 12.7 x 9.8 x 9.34 x
Yield 4.06% 3.45% 3.34% 4.2% 4.98% 4.98%
Capitalization / Revenue - - - - - -
EV / Revenue - - - - - -
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.96 x 1.1 x 1.42 x 1.34 x 1.08 x 1.02 x
Nbr of stocks (in thousands) 6,234 6,140 5,685 5,525 5,500 -
Reference price 2 33.95 43.46 54.57 57.21 49.02 49.02
Announcement Date 2/1/21 1/28/22 1/26/23 1/25/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales - - - - - -
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 42.45 47.99 38.49 31.61 35.7 37.6
Net income 1 32.89 37.52 30.74 25.39 27.9 29.3
Net margin - - - - - -
EPS 2 5.110 6.000 5.270 4.490 5.000 5.250
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 1.380 1.500 1.820 2.400 2.440 2.440
Announcement Date 2/1/21 1/28/22 1/26/23 1/25/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales - - - - - - - - - - - - - -
EBITDA - - - - - - - - - - - - - -
EBIT - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - -
Earnings before Tax (EBT) 1 11.66 9.366 9.176 6.318 13.05 9.95 6.071 6.933 10.27 8.339 10.5 9.1 10.5 8.6
Net income 1 8.877 8.114 7.226 4.795 10.12 8.595 4.83 5.577 8.374 6.613 8.199 7.1 8.2 6.7
Net margin - - - - - - - - - - - - - -
EPS 2 1.420 1.310 1.200 0.8300 1.760 1.480 0.8400 0.9800 1.480 1.190 1.480 1.270 1.470 1.200
Dividend per Share 2 0.3800 0.3800 0.4100 0.4100 0.5000 0.5000 0.6000 0.6000 0.6000 0.6000 0.6100 0.6100 0.6100 0.6100
Announcement Date 10/29/21 1/28/22 4/28/22 7/28/22 10/26/22 1/26/23 4/27/23 7/27/23 10/26/23 1/25/24 4/24/24 - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 15.5% 15.7% 13.7% 11.2% 11.6% 11.4%
ROA (Net income/ Total Assets) 1.7% 1.54% 1.16% 0.94% 0.98% 1%
Assets 1 1,935 2,436 2,650 2,701 2,847 2,930
Book Value Per Share 2 35.50 39.50 38.40 42.60 45.20 48.10
Cash Flow per Share - - - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 2/1/21 1/28/22 1/26/23 1/25/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
49.02 USD
Average target price
56 USD
Spread / Average Target
+14.24%
Consensus
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