Financials Northrim BanCorp, Inc.

Equities

NRIM

US6667621097

Banks

Real-time Estimate Cboe BZX 12:42:25 2024-06-07 pm EDT 5-day change 1st Jan Change
53.76 USD -0.90% Intraday chart for Northrim BanCorp, Inc. -7.04% -5.09%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 211.6 266.8 310.2 316.1 298.4 -
Enterprise Value (EV) 1 211.6 266.8 310.2 316.1 298.4 298.4
P/E ratio 6.64 x 7.24 x 10.4 x 12.7 x 9.67 x 9.65 x
Yield 4.06% 3.45% 3.34% 4.2% 4.5% 4.57%
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 1.18 x 1.11 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 54.25 54.25
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 39.9 40
Net income 1 32.89 37.52 30.74 25.39 31.1 31.2
Net margin - - - - - -
EPS 2 5.110 6.000 5.270 4.490 5.610 5.620
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 2.480
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 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 9.366 9.176 6.318 13.05 9.95 6.071 6.933 10.27 8.339 10.5 9.3 11.2 8.9
Net income 1 8.114 7.226 4.795 10.12 8.595 4.83 5.577 8.374 6.613 8.199 7.3 8.7 6.9
Net margin - - - - - - - - - - - - -
EPS 2 1.310 1.200 0.8300 1.760 1.480 0.8400 0.9800 1.480 1.190 1.480 1.310 1.570 1.250
Dividend per Share 2 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 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% 12.8% 12%
ROA (Net income/ Total Assets) 1.7% 1.54% 1.16% 0.94% 1.12% 1.09%
Assets 1 1,935 2,436 2,650 2,701 2,777 2,862
Book Value Per Share 2 35.50 39.50 38.40 42.60 45.90 49.10
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
54.25 USD
Average target price
58 USD
Spread / Average Target
+6.91%
Consensus
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