NRIM RSI Chart
Last 7 days
8.7%
Last 30 days
25%
Last 90 days
10.6%
Trailing 12 Months
47.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 138.0M | 0 | 0 | 0 |
2023 | 110.1M | 118.9M | 125.7M | 132.0M |
2022 | 84.1M | 86.8M | 93.1M | 100.3M |
2021 | 80.0M | 81.2M | 82.7M | 84.6M |
2020 | 70.5M | 72.2M | 74.2M | 76.7M |
2019 | 66.3M | 68.0M | 69.2M | 70.1M |
2018 | 60.4M | 61.1M | 62.2M | 64.2M |
2017 | 58.6M | 58.7M | 59.4M | 60.1M |
2016 | 60.2M | 60.0M | 59.5M | 58.9M |
2015 | 57.1M | 58.1M | 59.3M | 59.8M |
2014 | 46.7M | 49.1M | 51.8M | 54.3M |
2013 | 44.8M | 45.1M | 45.4M | 46.1M |
2012 | 45.3M | 44.9M | 44.9M | 44.7M |
2011 | 48.6M | 47.5M | 46.5M | 45.9M |
2010 | 0 | 52.2M | 51.0M | 49.7M |
2009 | 0 | 0 | 0 | 53.5M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 28, 2024 | schierhorn joseph m | acquired | 88,089 | 50.51 | 1,744 | president, ceo, and coo |
Mar 28, 2024 | ballard jed w | acquired | 45,560 | 50.51 | 902 | evp, cfo |
Dec 05, 2023 | schierhorn joseph m | acquired | 202,327 | 28.76 | 7,035 | president, ceo, and coo |
Dec 05, 2023 | schierhorn joseph m | sold (taxes) | -243,289 | 52.66 | -4,620 | president, ceo, and coo |
Dec 01, 2023 | ballard jed w | sold (taxes) | -18,863 | 51.68 | -365 | evp, cfo |
Dec 01, 2023 | schierhorn joseph m | sold (taxes) | -27,028 | 51.68 | -523 | president, ceo, and coo |
Nov 15, 2023 | schierhorn joseph m | sold (taxes) | -159,590 | 48.2 | -3,311 | president, ceo, and coo |
Nov 15, 2023 | schierhorn joseph m | acquired | 135,254 | 27.28 | 4,958 | president, ceo, and coo |
Sep 14, 2023 | thomas linda c | sold | -48,900 | 40.75 | -1,200 | - |
Sep 13, 2023 | nelson krystal murphy | bought | 25,386 | 40.6191 | 625 | - |
Which funds bought or sold NRIM recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | Clear Point Advisors Inc. | sold off | -100 | -608 | - | -% |
May 16, 2024 | Ancora Advisors LLC | reduced | -0.47 | -319,275 | 2,313,360 | 0.05% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -38.94 | -23,362 | 27,326 | -% |
May 15, 2024 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | added | 1.92 | -325,531 | 2,924,230 | 0.06% |
May 15, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | reduced | -4.13 | -29,546 | 162,794 | -% |
May 15, 2024 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | unchanged | - | -189,000 | 1,422,000 | -% |
May 15, 2024 | TWO SIGMA INVESTMENTS, LP | reduced | -15.27 | -103,821 | 308,263 | -% |
May 15, 2024 | TWO SIGMA ADVISERS, LP | reduced | -31.48 | -244,094 | 373,774 | -% |
May 15, 2024 | Tower Research Capital LLC (TRC) | reduced | -74.11 | -38,529 | 11,415 | -% |
May 15, 2024 | Elizabeth Park Capital Advisors, Ltd. | new | - | 1,838,410 | 1,838,410 | 1.52% |
Unveiling Northrim BanCorp Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Northrim BanCorp Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 588.1B | 174.7B | 11.68 | 3.37 | ||||
BAC | 307.4B | 137.9B | 12.28 | 2.23 | ||||
WFC | 213.0B | 85.8B | 11.35 | 2.48 | ||||
C | 122.2B | 125.0B | 15.29 | 0.98 | ||||
CFG | 16.9B | 10.4B | 11.81 | 1.62 | ||||
KEY | 14.5B | 8.1B | 16.61 | 1.78 | ||||
MID-CAP | ||||||||
CMA | 7.3B | 4.2B | 10.46 | 1.71 | ||||
ZION | 6.6B | 4.1B | 10.55 | 1.63 | ||||
ABCB | 3.5B | 1.3B | 12.32 | 2.65 | ||||
ASB | 3.4B | 2.0B | 20.88 | 1.65 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
AROW | 417.1M | 173.1M | 14.3 | 2.41 | ||||
ALRS | 390.4M | 152.4M | 39.27 | 2.56 | ||||
ACNB | 295.5M | 98.7M | 10.04 | 2.99 | ||||
ASRV | 48.0M | 62.5M | -16.24 | 0.77 |
Northrim BanCorp Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -0.3% | 36.00 | 36.00 | 34.00 | 32.00 | 30.00 | 30.00 | 28.00 | 23.00 | 20.00 | 22.00 | 21.00 | 20.00 | 21.00 | 21.00 | 20.00 | 19.00 | 17.00 | 18.00 | 18.00 | 17.00 | 17.00 |
EBITDA Margin | -0.2% | 1.02* | 1.02* | 1.11* | 1.20* | 1.27* | 1.36* | 1.40* | 1.42* | 1.49* | 1.56* | 1.61* | 1.67* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -1.1% | 26.00 | 27.00 | 26.00 | 25.00 | 25.00 | 27.00 | 26.00 | 22.00 | 19.00 | 22.00 | 20.00 | 19.00 | 19.00 | 19.00 | 18.00 | 17.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 |
Income Taxes | 33.6% | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 3.00 | 2.00 | 2.00 | 1.00 | 3.00 | 3.00 | 3.00 | 3.00 | 4.00 | 2.00 | 0.00 | 1.00 | 2.00 | 1.00 | 1.00 |
Earnings Before Taxes | 26.0% | 11.00 | 8.00 | 10.00 | 7.00 | 6.00 | 10.00 | 13.00 | 6.00 | 9.00 | 9.00 | 12.00 | 11.00 | 16.00 | 13.00 | 16.00 | 12.00 | 1.00 | 6.00 | 10.00 | 5.00 | 5.00 |
EBT Margin | 9.1% | 0.26* | 0.24* | 0.26* | 0.30* | 0.32* | 0.38* | 0.41* | 0.42* | 0.50* | 0.57* | 0.63* | 0.69* | - | - | - | - | - | - | - | - | - |
Net Income | 24.0% | 8.00 | 7.00 | 8.00 | 6.00 | 5.00 | 9.00 | 10.00 | 5.00 | 7.00 | 8.00 | 9.00 | 8.00 | 12.00 | 10.00 | 12.00 | 10.00 | 1.00 | 5.00 | 8.00 | 4.00 | 4.00 |
Net Income Margin | 8.3% | 0.21* | 0.19* | 0.22* | 0.24* | 0.26* | 0.31* | 0.33* | 0.33* | 0.39* | 0.44* | 0.48* | 0.52* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -113.3% | -6.58 | 49.00 | 9.00 | -29.06 | 3.00 | 36.00 | 25.00 | -5.01 | 19.00 | 38.00 | 5.00 | 23.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.7% | 2,760 | 2,807 | 2,790 | 2,638 | 2,580 | 2,674 | 2,718 | 2,611 | 2,626 | 2,725 | 2,610 | 2,454 | 2,351 | 2,122 | 2,098 | 2,017 | 1,691 | 1,644 | 1,617 | 1,553 | 1,520 |
Cash Equivalents | -32.2% | 80.00 | 119 | 111 | 37.00 | 139 | 259 | 407 | 337 | 533 | 646 | 492 | 347 | 204 | 116 | 101 | 89.00 | 86.00 | 95.00 | 92.00 | 71.00 | 79.00 |
Net PPE | 0.4% | 41.00 | 41.00 | 41.00 | 40.00 | 38.00 | 38.00 | 37.00 | 37.00 | 37.00 | 37.00 | 38.00 | 38.00 | 38.00 | 38.00 | 39.00 | 39.00 | 39.00 | 38.00 | 39.00 | 39.00 | 39.00 |
Goodwill | 0% | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
Liabilities | -2.0% | 2,520 | 2,573 | 2,565 | 2,417 | 2,356 | 2,456 | 2,507 | 2,396 | 2,400 | 2,487 | 2,367 | 2,216 | 2,120 | 1,900 | 1,883 | 1,810 | 1,494 | 1,437 | 1,413 | 1,346 | 1,311 |
Shareholder's Equity | 2.0% | 239 | 235 | 225 | 221 | 224 | 219 | 211 | 215 | 226 | 238 | 242 | 237 | 231 | 222 | 215 | 207 | 198 | 207 | 204 | 206 | 209 |
Retained Earnings | 2.0% | 241 | 236 | 233 | 228 | 226 | 224 | 218 | 211 | 209 | 204 | 198 | 192 | 186 | 173 | 166 | 156 | 148 | 150 | 147 | 142 | 140 |
Additional Paid-In Capital | -6.2% | 9.00 | 10.00 | 12.00 | 14.00 | 17.00 | 18.00 | 18.00 | 18.00 | 26.00 | 31.00 | 39.00 | 40.00 | 40.00 | 42.00 | 43.00 | 45.00 | 45.00 | 51.00 | 50.00 | 57.00 | 62.00 |
Shares Outstanding | -0.3% | 5.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 213 | - | - | - | 221 | - | - | - | 258 | - | - | - | 156 | - | - | - | 235 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -111.1% | -5,545 | 50,036 | 11,408 | -26,868 | 4,349 | 37,282 | 25,532 | -4,536 | 19,845 | 38,068 | 5,471 | 23,867 | 44,583 | -9,435 | 19,575 | -29,653 | -16,941 | 21,520 | -4,586 | -26,641 | 8,886 |
Share Based Compensation | -34.6% | 208 | 318 | 254 | 225 | 140 | 174 | 191 | 190 | 187 | 332 | 232 | 229 | 280 | 226 | 237 | 238 | 242 | 321 | 161 | 122 | 196 |
Cashflow From Investing | 151.0% | 22,600 | -44,348 | -55,394 | -126,631 | -28,698 | -130,258 | -56,547 | -172,996 | -45,824 | 885 | -7,944 | 26,696 | -178,726 | 7,826 | -74,027 | -281,333 | -35,291 | -37,405 | -28,479 | -582 | -5,454 |
Cashflow From Financing | -3521.4% | -55,221 | 1,614 | 118,462 | 51,040 | -95,790 | -54,595 | 101,013 | -18,353 | -87,040 | 114,595 | 147,867 | 92,732 | 221,768 | 16,445 | 66,169 | 314,588 | 42,618 | 19,121 | 54,422 | 19,121 | -2,037 |
Dividend Payments | -100.0% | - | 3,446 | 3,340 | 3,393 | 3,421 | 2,953 | 2,829 | 2,341 | 2,448 | 2,442 | 2,333 | 2,320 | 2,293 | 2,215 | 2,222 | 2,164 | 2,199 | 2,220 | 2,174 | 2,042 | 2,064 |
Buy Backs | -68.5% | 788 | 2,505 | 2,711 | 2,501 | 1,327 | - | - | 8,234 | 5,923 | 8,118 | 1,204 | - | 2,212 | 1,300 | 2,366 | - | 6,310 | - | 7,166 | 5,198 | 205 |
Consolidated Statements of Income - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Interest and Dividend Income | ||
Interest and fees on loans and loans held for sale | $ 30,450 | $ 23,694 |
Interest on investment securities available for sale | 3,718 | 3,934 |
Dividends on marketable equity securities | 243 | 168 |
Interest on investment securities held to maturity | 482 | 474 |
Dividends on Federal Home Loan Bank stock | 77 | 36 |
Interest on deposits in other banks | 838 | 1,489 |
Total Interest and Dividend Income | 35,808 | 29,795 |
Interest Expense | ||
Interest expense on deposits | 9,180 | 4,583 |
Interest expense on borrowings | 86 | 87 |
Interest expense on junior subordinated debentures | 95 | 93 |
Total Interest Expense | 9,361 | 4,763 |
Net Interest Income | 26,447 | 25,032 |
Provision for credit losses | 149 | 360 |
Net Interest Income After Provision for Credit Losses | 26,298 | 24,672 |
Other Operating Income | ||
Mortgage banking income | 4,031 | 2,008 |
Purchased receivable income | 1,345 | 977 |
Unrealized gain (loss) on marketable equity securities | 314 | (223) |
Other income | 688 | 781 |
Total Other Operating Income | 7,844 | 4,908 |
Other Operating Expense | ||
Salaries and other personnel expense | 15,417 | 15,484 |
Data processing expense | 2,659 | 2,355 |
Occupancy expense | 1,962 | 1,943 |
Professional and outside services | 755 | 722 |
Insurance expense | 779 | 557 |
Marketing expense | 513 | 564 |
Intangible asset amortization expense | 0 | 4 |
OREO expense, net rental income and gains on sale | (391) | 26 |
Other operating expense | 1,944 | 1,854 |
Total Other Operating Expense | 23,638 | 23,509 |
Income Before Provision for Income Taxes | 10,504 | 6,071 |
Provision for income taxes | 2,305 | 1,241 |
Net Income | $ 8,199 | $ 4,830 |
Earnings Per Share, Basic (in USD per share) | $ 1.49 | $ 0.85 |
Earnings Per Share, Diluted (in USD per share) | $ 1.48 | $ 0.84 |
Weighted Average Common Shares Outstanding, Basic (in shares) | 5,499,578 | 5,691,432 |
Weighted Average Common Shares Outstanding, Diluted (in shares) | 5,554,930 | 5,757,458 |
Bankcard fees | ||
Other Operating Income | ||
Bankcard fees and Service charges on deposit accounts | $ 917 | $ 908 |
Service charges on deposit accounts | ||
Other Operating Income | ||
Bankcard fees and Service charges on deposit accounts | $ 549 | $ 457 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
ASSETS | ||
Cash and due from banks | $ 30,159 | $ 27,457 |
Interest bearing deposits in other banks | 50,205 | 91,073 |
Investment securities available for sale, at fair value | 592,479 | 637,936 |
Marketable equity securities | 13,467 | 13,153 |
Investment securities held to maturity, at amortized cost | 36,750 | 36,750 |
Investment in Federal Home Loan Bank stock | 3,236 | 2,980 |
Loans held for sale | 43,818 | 31,974 |
Loans | 1,811,135 | 1,789,497 |
Allowance for credit losses, loans | (17,533) | (17,270) |
Net loans | 1,793,602 | 1,772,227 |
Purchased receivables, net | 37,698 | 36,842 |
Premises and equipment, net | 40,836 | 40,693 |
Operating lease right-of-use assets | 8,867 | 9,092 |
Goodwill | 15,017 | 15,017 |
Other intangible assets, net | 950 | 950 |
Other assets | 72,421 | 71,789 |
Total assets | 2,759,560 | 2,807,497 |
Deposits: | ||
Demand | 714,244 | 749,683 |
Interest-bearing demand | 889,581 | 927,291 |
Savings | 246,902 | 255,338 |
Money market | 209,785 | 221,492 |
Certificates of deposit less than $250,000 | 207,645 | 189,106 |
Certificates of deposit $250,000 and greater | 165,926 | 142,145 |
Total deposits | 2,434,083 | 2,485,055 |
Borrowings | 13,569 | 13,675 |
Junior subordinated debentures | 10,310 | 10,310 |
Operating lease liabilities | 8,884 | 9,092 |
Other liabilities | 53,387 | 54,647 |
Total liabilities | 2,520,233 | 2,572,779 |
SHAREHOLDERS' EQUITY | ||
Preferred stock, $1 par value, 2,500,000 shares authorized, none issued or outstanding | 0 | 0 |
Common stock, $1 par value, 10,000,000 shares authorized, 5,499,578 and 5,513,459 issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 5,500 | 5,513 |
Additional paid-in capital | 9,012 | 9,605 |
Retained earnings | 240,848 | 236,037 |
Accumulated other comprehensive loss, net of tax | (16,033) | (16,437) |
Total shareholders' equity | 239,327 | 234,718 |
Total liabilities and shareholders' equity | 2,759,560 | 2,807,497 |
Mortgage servicing rights | ||
ASSETS | ||
Mortgage servicing rights, at fair value | $ 20,055 | $ 19,564 |