NRIM Financial Services

Northrim BanCorp, Inc.

$24.00-1.07%

Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026

Basics

Sector: Financial Services
Industry: Banks - Regional
Country: United States
Market cap: 533.9M USD
Full-time employees: 516

Overall health

Strength: more profitable than most peersmore profitable than peers

Ranks #45 of 791 banks & insurance companies (top 6%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Valuation signals disagree. Cheaper than 83% of peers on earnings, but only 35% on book value.
Relative to its earnings, Northrim BanCorp looks cheaper than 83% of peers; relative to its book value, cheaper than only 35%. The valuation score blends the two, so look at which measure fits this business best.
Fast revenue growth. Revenue grew 31% in the 12 months to June 2026 vs the 12 months before, faster than 88% of peers.
Revenue grew 31% in the 12 months to June 2026 vs the 12 months before, faster than 88% of its peers.

StockQuotient Score

80/ 100

Oct 5 80 → Nov 4 80

Valuation

Is the price right?

75/100

Moderate

2/2 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Stronger than most peers on:

▲ Earnings yield

Compare with peers

Behind the score

Earnings yield (P/E) and book yield (P/B) versus other banks and insurers.

Book yield65.1%

SEC filings · latest balance sheetReported value40% base weight · Z-score -0.51Sector median: 0.7950 · MAD: 0.2843

Earnings yield12.8%

SEC filings · 12 months to Jun 2026Reported value60% base weight · Z-score 1.95Sector median: 0.0789 · MAD: 0.0253

Other data (not scored)

EBITDA yieldUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1095 · MAD: 0.0527

Free cash flow yield34.9%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported valueInformational · 0% composite weightSector median: 0.0796 · MAD: 0.0459

Growth

Is it growing?

83/100

Strong

1/1 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ EPS growth

Compare with peers

Behind the score

Earnings-per-share growth versus other banks and insurers.

Earnings per share growth51.7%

SEC filings · 12 months to Jun 2026Reported value100% base weight · Z-score 2.01Sector median: 0.1599 · MAD: 0.1775

Other data (not scored)

3-year revenue growth18.1%

Yahoo Finance fallback · SEC figure unavailable or out of date · 3 fiscal years to Dec 2025Reported valueInformational · 0% composite weightSector median: 0.0826 · MAD: 0.0558

Revenue growth31.4%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0866 · MAD: 0.0782

Profitability

Does it earn well?

81/100

Strong

2/2 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ ROE
▲ ROA

Compare with peers

Behind the score

Return on equity and return on assets versus other banks and insurers.

Return on assets2.0%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 1.33Sector median: 0.0117 · MAD: 0.0062

Return on equity19.7%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 2.31Sector median: 0.1074 · MAD: 0.0388

Other data (not scored)

Gross marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Operating marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1450 · MAD: 0.1678

Return on invested capitalUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Risk

Debt, liquidity, price swings

Not rated

Not rated for banks and insurers: debt and share-price swings say little about their risk. We leave it blank rather than fill the gap with a made-up middle value.

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Northrim BanCorp

Is Northrim BanCorp getting weaker?: Its latest SEC filing (Jul 31, 2026) showed no major changes. Its overall score is unchanged at 80/100 since Oct 28, 2026.
How is Northrim BanCorp valued vs its peers?: Priced lower than most peers relative to what it earns. Valuation scores 75/100 against 950 banks & insurance peers. Earnings yield 12.8% vs a peer median of 7.9% (stronger than 83% of peers).Earnings yield 12.8% vs peers 7.9% (stronger than 83% of peers). Book yield 65.1% vs a peer median of 79.5% (weaker than 65% of peers).Book yield 65.1% vs peers 79.5% (weaker than 65% of peers).
Is Northrim BanCorp growing?: Yes, faster than most of its peers. Growth scores 83/100 against 950 banks & insurance peers. Earnings per share growth 51.7% vs a peer median of 16.0% (stronger than 83% of peers).Earnings per share growth 51.7% vs peers 16.0% (stronger than 83% of peers).
How profitable is Northrim BanCorp?: More profitable than most of its peers. Profitability scores 81/100 against 950 banks & insurance peers. Return on equity 19.7% vs a peer median of 10.7% (stronger than 87% of peers).Return on equity 19.7% vs peers 10.7% (stronger than 87% of peers).
How risky is Northrim BanCorp?: Not rated for banks and insurers: debt and share-price swings say little about their risk.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Jul 31, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	260.8M USD	263.2M USD	+0.9%
Net income (12 months)	65.0M USD	68.5M USD	+5.5%
Free cash flow (12 months)	141.9M USD	186.1M USD	+31.2%
Debt	81.7M USD	81.6M USD	−0.1%
Cash	154.9M USD	172.2M USD	+11.2%
Shares outstanding	22.2M	22.2M	0.0%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Industry: Banks - Regional · 119 companies

Valuations in Banks - Regional are within their usual range since 2016.

45% of months since 2016 were valued lower than now.
14% of companies are in the most expensive fifth of their own price-to-book history.
Over 24 months, company values +29% and earnings +32% (medians): prices and earnings moved broadly together.
Median price-to-book is −61% vs the whole market, against a usual −59%.

2016Shaded: most expensive fifth of its range2026

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Net margin	—	22.9%	19.6%	23.8%	25.3%	▲ 1.5 pts
Return on assets (ROA)	1.4%	1.1%	0.9%	1.2%	2.0%	▲ 0.7 pts
Return on equity (ROE)	15.8%	14.1%	10.8%	13.8%	19.8%	▲ 5.9 pts
Debt to equity	0.06×	0.06×	0.06×	0.09×	0.04×	▼ 55%

NRIM price history

Price history is added with the daily price update and will appear after the next one.

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Sector leaderboards

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Bringing the fundamentals into focus…

Overall health

Strength: more profitable than most peersmore profitable than peers

Ranks #45 of 791 banks & insurance companies (top 6%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Valuation signals disagree. Cheaper than 83% of peers on earnings, but only 35% on book value.

Relative to its earnings, Northrim BanCorp looks cheaper than 83% of peers; relative to its book value, cheaper than only 35%. The valuation score blends the two, so look at which measure fits this business best.

Fast revenue growth. Revenue grew 31% in the 12 months to June 2026 vs the 12 months before, faster than 88% of peers.

Revenue grew 31% in the 12 months to June 2026 vs the 12 months before, faster than 88% of its peers.

Questions investors ask about Northrim BanCorp

Is Northrim BanCorp getting weaker?

Its latest SEC filing (Jul 31, 2026) showed no major changes. Its overall score is unchanged at 80/100 since Oct 28, 2026.

How is Northrim BanCorp valued vs its peers?

Priced lower than most peers relative to what it earns. Valuation scores 75/100 against 950 banks & insurance peers. Earnings yield 12.8% vs a peer median of 7.9% (stronger than 83% of peers).Earnings yield 12.8% vs peers 7.9% (stronger than 83% of peers). Book yield 65.1% vs a peer median of 79.5% (weaker than 65% of peers).Book yield 65.1% vs peers 79.5% (weaker than 65% of peers).

Is Northrim BanCorp growing?

Yes, faster than most of its peers. Growth scores 83/100 against 950 banks & insurance peers. Earnings per share growth 51.7% vs a peer median of 16.0% (stronger than 83% of peers).Earnings per share growth 51.7% vs peers 16.0% (stronger than 83% of peers).

How profitable is Northrim BanCorp?

More profitable than most of its peers. Profitability scores 81/100 against 950 banks & insurance peers. Return on equity 19.7% vs a peer median of 10.7% (stronger than 87% of peers).Return on equity 19.7% vs peers 10.7% (stronger than 87% of peers).

How risky is Northrim BanCorp?

Not rated for banks and insurers: debt and share-price swings say little about their risk.

Previous quarter

Latest quarter

Change

Revenue (12 months)

260.8M USD

263.2M USD

+0.9%

Net income (12 months)

65.0M USD

68.5M USD

+5.5%

Free cash flow (12 months)

141.9M USD

186.1M USD

+31.2%

Debt

81.7M USD

81.6M USD

−0.1%

Cash

154.9M USD

172.2M USD

+11.2%

Shares outstanding

22.2M

22.2M

0.0%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Net margin

—

22.9%

19.6%

23.8%

25.3%

▲ 1.5 pts

Return on assets (ROA)

1.4%

1.1%

0.9%

1.2%

2.0%

▲ 0.7 pts

Return on equity (ROE)

15.8%

14.1%

10.8%

13.8%

19.8%

▲ 5.9 pts

Debt to equity

0.06×

0.09×

0.04×

▼ 55%