Northrim Bancorp Inc
Northrim Bancorp Inc (NRIM) is listed on NASDAQ and classified in Banks - Regional, part of the Financial Services sector. It is headquartered in Anchorage, United States and has 516 employees. The company is worth $523.86M and trades at 9.5x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $255.58M in fiscal 2025, up 30.4% from the year before. Net income was $64.61M. The share price is 23.6% below its 52-week high of $30.82. It pays a dividend yielding 2.76%, and has raised its annual dividend for 16 years in a row in our records. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $4.97M. In that quarter, 2 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +132.3% over 5Y.
today you would have $2,562.94▲ +156.3%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $26.61 | $19.49 | $14.30 | $13.64 | $10.86 | $8.49 | $9.57 | $8.22 | $8.46 | $7.90 | $6.65 | $6.56 | $6.56 | $5.66 | $4.38 | $4.83 | $4.22 | |
| P/E |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 17.6% a year plus a 2.8% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 11.5 across this company’s own years on record.
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Dividend growing 7.1% a year against a 8.6% required return, from the stock’s beta.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| BSRRSierra Bancorp | $40.41 | 11.7x | 1.4x | 2.67% | 12.46% | $523.85M |
| ACICAMERICAN COASTAL INSURANCE Corp | $11.10 | 5.5x | 1.5x | 6.76% | 31.65% | $524.69M |
| AEXAAmerican Exceptionalism Acquisition Corp. A | $10.64 | — | — | 0.00% | — | $526.26M |
| WTBAWest Bancorporation Inc |
| 11.5x |
| 9.3x |
| 11.7x |
| 12.8x |
| 10.4x |
| 7.2x |
| 6.6x |
| 12.6x |
| 11.5x |
| 18.0x |
| 15.3x |
| 10.4x |
| 10.3x |
| 14.0x |
| 11.5x |
| 10.1x |
| 13.8x |
| 14.1x |
| P/S | 2.2x | 2.3x | 2.2x | 2.0x | 2.3x | 1.9x | 1.6x | 2.4x | 2.4x | 2.4x | 2.2x | 1.8x | 2.5x | 3.0x | 2.6x | 2.0x | 2.2x | 1.8x |
| P/B | 1.1x | 1.8x | 1.6x | 1.3x | 1.4x | 1.1x | 0.9x | 1.2x | 1.1x | 1.2x | 1.2x | 1.0x | 1.1x | 1.2x | 1.1x | 0.9x | 1.1x | 1.0x |
| EPS | $2.87 | $1.66 | $1.12 | $1.32 | $1.50 | $1.28 | $0.76 | $0.72 | $0.47 | $0.52 | $0.64 | $0.64 | $0.47 | $0.49 | $0.44 | $0.35 | $0.30 |
| Dividend yield | 2.78% | 2.41% | 3.16% | 4.20% | 3.34% | 3.45% | 4.06% | 3.29% | 3.10% | 2.54% | 2.47% | 2.78% | 2.67% | 2.44% | 2.47% | 2.86% | 2.28% | 2.37% |
| Payout | 33.33% | 22.30% | 37.05% | 53.57% | 34.54% | 25.00% | 27.01% | 41.45% | 35.66% | 45.74% | 37.86% | 28.91% | 27.56% | 34.22% | 28.43% | 28.74% | 31.43% | 33.33% |
| Profit margin | 20.55% | 25.28% | 18.87% | 16.04% | 22.87% | 28.19% | 24.54% | 20.33% | 21.42% | 13.40% | 14.47% | 17.52% | 24.07% | 21.65% | 22.45% | 20.55% | 16.02% | 12.99% |
| ROE | 9.99% | 19.79% | 13.84% | 10.82% | 14.06% | 15.78% | 14.84% | 9.99% | 9.71% | 6.82% | 7.72% | 10.04% | 10.59% | 8.55% | 9.50% | 9.09% | 7.74% | 6.96% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+315.8% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| $30.30 |
| 13.5x |
| 1.8x |
| 3.43% |
| 14.71% |
| $516.43M |
| FWDIForward Industries, Inc. | $6.99 | — | 1.1x | 0.00% | -461.37% | $533.25M |
| BWFGBankwell Financial Group, Inc. | $67.03 | 12.5x | 1.6x | 1.19% | 14.13% | $534.36M |