US · NRIM
Northrim BanCorp, Inc.
- Sector
- Financial Services · Banks - Regional
- Headquarters
- Anchorage, AK 99503
- Website
- northrim.com
Price · as of 2024-12-31
$24.73
Market cap 518.91M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $94.98 | +284.07% |
| Intrinsic Value(DCF) | $23.93 | -3.23% |
| Graham-Dodd Method(GD) | $8.89 | -64.07% |
| Graham Formula(GF) | $51.86 | +109.72% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | $2.82 | $24.08 | $4.54 | $4.69 | $0.64 |
| 2011 | $3.24 | $80.35 | $4.45 | $4.89 | $1.57 |
| 2012 | $3.53 | $430.58 | $9.10 | $5.34 | $3.78 |
| 2013 | $4.21 | $40.55 | $9.89 | $5.18 | $3.93 |
| 2014 | $4.03 | $31.00 | $11.99 | $5.83 | $19.89 |
| 2015 | $4.27 | $43.66 | $51.75 | $6.08 | $35.03 |
| 2016 | $5.04 | $28.89 | $21.98 | $5.92 | $3.15 |
| 2017 | $6.59 | $32.51 | $11.41 | $5.59 | $1.14 |
| 2018 | $6.99 | $28.68 | $10.73 | $6.72 | $6.05 |
| 2019 | $6.64 | $67.72 | $10.16 | $6.26 | $14.82 |
| 2020 | $9.81 | $92.10 | $76.84 | $9.38 | $48.14 |
| 2021 | $9.35 | $235.56 | $25.06 | $10.90 | $9.14 |
| 2022 | $10.85 | $69.99 | $36.19 | $8.62 | $8.54 |
| 2023 | $11.47 | $63.45 | $30.46 | $6.36 | $28.51 |
| 2024 | $18.49 | $94.98 | $24.97 | $8.88 | $51.86 |
AI valuation
Our deep-learning model estimates Northrim BanCorp, Inc.'s (NRIM) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $94.98
- Current price
- $24.73
- AI upside
- +284.07%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$23.93
-3.23% upside
Graham-Dodd
$8.89
-64.07% upside
Graham Formula
$51.86
+109.72% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| NRIM | Northrim BanCorp, Inc. | $24.73 | 518.91M | +284% | -3% | -64% | +110% | 11.02 | 1.52 | 2.08 | -1.84 | 23.00 | 2.18 | 77.53% | 23.98% | 18.87% | 14.73% | -10.24% | 1.26% | 0.15 | 1.15 | 0.24 | 0.24 | -0.43 | 4788.00% | 2377.00% | -12866.00% | -2.30% | 0.00 | 2.59% | 3.38% | 37.20% | 3.57% | -1.98 | 9.98 | -0.48 | -0.48 |
| ACNB | ACNB Corporation | $50.40 | 523.39M | -9% | +40% | -40% | +68% | 10.70 | 1.12 | 2.58 | 12.65 | 1984.13 | 1.36 | 84.05% | 30.58% | 24.09% | 10.97% | 12.09% | 1.32% | 0.90 | 1.69 | 0.04 | 0.04 | 5.22 | 54.00% | 1520.00% | -155.00% | 11.40% | 0.02 | 14.73% | 3.15% | 33.60% | 3.22% | 13.60 | 14.16 | 4.16 | -0.53 |
| AROW | Arrow Financial Corporati… | $33.31 | 547.7M | -29% | -8% | -55% | +27% | 14.30 | 1.06 | 1.91 | -3.72 | — | 1.13 | 60.35% | 16.75% | 13.32% | 7.61% | -15.97% | 0.70% | 0.08 | 0.45 | 0.16 | 0.16 | -2.83 | 0.00% | 1637.00% | 11388.00% | 6.79% | 0.01 | -15.52% | 4.30% | 61.60% | 17.66% | -4.26 | -5.51 | -0.71 | -0.72 |
| CBNK | Capital Bancorp, Inc. | $29.41 | 485.88M | +97% | -12% | -4% | +78% | 13.18 | 1.15 | 1.68 | 3.05 | — | 1.28 | 68.36% | 17.27% | 12.78% | 10.15% | 25.08% | 1.14% | 0.10 | 0.71 | 0.12 | 0.12 | -3.89 | -1686.00% | 1730.00% | -2760.00% | 8.03% | 0.01 | 26.53% | 1.29% | 17.00% | 42.49% | 3.21 | 4.09 | 0.55 | -0.61 |
| FMNB | Farmers National Banc Cor… | $12.93 | 486.86M | +173% | +11% | +56% | -0% | 8.94 | 1.00 | 1.80 | 13.16 | 47.43 | 1.62 | 63.79% | 23.93% | 20.08% | 12.24% | 10.93% | 1.05% | 0.76 | 0.71 | 1.42 | 0.00 | 5.65 | 1885.00% | 88.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.61% | 13.16 | — | 3.15 | 0.16 |
| MSBI | Midland States Bancorp, I… | $22.13 | 476.94M | -8% | 0% | -58% | +21% | 10.01 | 0.54 | 0.70 | -5.59 | — | 0.73 | 43.21% | 8.59% | 6.97% | 5.06% | 18.38% | 0.49% | 0.60 | 0.25 | 0.23 | 0.23 | 6.59 | -4335.00% | 739.00% | 1627.00% | 44.55% | 0.03 | 81.97% | 9.45% | 94.60% | 53.17% | -5.59 | -1.55 | -0.48 | -0.62 |
| RRBI | Red River Bancshares, Inc… | $88.70 | 599.31M | +112% | +7% | -3% | +17% | 13.98 | 1.64 | 3.52 | -1.38 | 48.40 | 1.64 | 72.55% | 31.28% | 25.18% | 12.49% | -31.62% | 1.32% | 0.00 | 1.20 | 443.09 | 443.09 | -0.45 | 2889.00% | 834.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | -1.38 | — | -0.43 | 0.63 |
| SHBI | Shore Bancshares, Inc. | $18.58 | 621.07M | +150% | +111% | -26% | +209% | 10.36 | 0.84 | 1.39 | -0.25 | 4.83 | 1.05 | 60.33% | 17.98% | 13.44% | 8.34% | 48.52% | 0.72% | 0.25 | 0.47 | 0.11 | 0.11 | -4.34 | 21429.00% | 3694.00% | 14860.00% | 9.16% | 0.01 | 46.06% | 3.52% | 36.50% | 11.67% | -0.32 | -0.45 | -0.06 | -0.77 |
| TCBX | Third Coast Bancshares, I… | $39.61 | 550.22M | -28% | +77% | +13% | +169% | 9.59 | 0.99 | 1.35 | -2.51 | 23.74 | 1.03 | 48.74% | 18.15% | 14.10% | 10.93% | -114.02% | 1.02% | 0.29 | 0.37 | 0.18 | 0.18 | -3.62 | 4040.00% | 2335.00% | -636.00% | 7.30% | 0.01 | -79.82% | 1.04% | 10.00% | 19.36% | -2.70 | -4.97 | -0.49 | -0.66 |
| UNTY | Unity Bancorp, Inc. | $53.19 | 534M | -6% | +19% | -20% | +24% | 10.23 | 1.43 | 2.60 | 8.06 | 178.61 | 1.44 | 62.55% | 33.35% | 25.42% | 14.88% | 12.34% | 1.58% | 0.78 | 0.95 | 0.10 | 0.10 | 0.88 | 573.00% | 819.00% | 292.00% | 11.15% | 0.02 | 14.07% | 1.18% | 12.10% | 31.32% | 8.44 | 9.71 | 2.81 | -0.50 |
About Northrim BanCorp, Inc.
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts. It also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short-term working capital. In addition, the company offers other services comprising consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, it provides mobile web and text banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox, card control, business employee purchase cards, home equity advantage access cards, telebanking, and automated teller services. Additionally, the company offers personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment, People Pay, external transfer, Bill Pay, wire transfer, direct payroll deposit, electronic tax payment, Automated Clearing House origination and receipt, remote deposit capture, account reconciliation and positive pay, merchant, cash management, annuity, and long term investment portfolio products and services. It also provides investment advisory, trust, wealth management, factoring, and mortgage brokerage services. As of January 28, 2022, the company operated 17 branches in Anchorage, the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.
- CEO
- Michael G. Huston
- Employees
- 503
- Beta
- 0.94
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($23.93 ÷ $24.73) − 1 = -3.23% (DCF, example).