Is Northrim BanCorp, Inc. (NRIM) Overvalued?
We dive into why Northrim BanCorp, Inc. (NRIM) could be considered overvalued on 2026-08-07, based on AAII’s Value Score and Grade.Rosalio Madrigal
A+ Stock Grade Summary:
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COMPANY SUMMARY
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 through three segments: Community Banking, Home Mortgage Lending, and Specialty Finance. 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 and medium-term working capital. In addition, the company offers consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, it provides mobile web and app banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox services, card control, corporate purchase cards, integrated payables, 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, 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 services. The company was founded in 1990 and is headquartered in Anchorage, Alaska.
Commentary & Analysis
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Financial Summary
| Share Statistics | NRIM | Industry Median |
Percentile (All Stocks) |
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| Market Cap (Mil) | $573.9 | $745.4 | 38% |
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| Shares Out (Mil) | 22.5 | 15.3 | 32% |
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| Institutional Ownership | 96.1% | 83.2% | 69% |
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| Float (Mil) | 21.8 | 21.8 | 30% |
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| Beta | 0.90 | 0.42 | 54% |
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| Avg Daily Volume (000s) | 111 | 45 | 36% |
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| Price Change (52-week) |
17.9% | 94.6% | 59% |
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| Growth | NRIM | Industry Median |
Percentile (All Stocks) |
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| Sales (5yr) | 9.7% | 7.7% | 57% |
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| Net Income (5yr) | 14.4% | 11.1% | 62% |
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| EPS (5yr) | 17.6% | 10.1% | 64 |
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| Dividends (5yr) | 12.7% | 3.6% | 65% |
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| Cash Flow (5yr) | 36.0% | (17.1%) | 89% |
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| Estimates | Qtrly | Current Fiscal Year |
Next Fiscal Year |
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| # of Estimates | 2 | 2 | 2 | |
| Current EPS | $0.695 | $2.615 | $2.745 | |
| Month Ago EPS | $0.670 | $2.525 | $2.700 | |
| # Rev Up | 1 | 1 | 0 | |
| # Rev Down | 0 | 0 | 1 | |
| Three Months Ago EPS | $0.700 | $2.600 | $2.750 | |
| Year/Year Chg | 2.2% | (8.9%) | 0.0% | |
| Financials | NRIM | Industry Median |
Percentile (All Stocks) |
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| Sales (TTM) (Mil) | $216 | $196 | 33% |
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| Net Income (TTM) (Mil) | $69 | $55 | 58% |
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| EPS (TTM) | $3.094 | $2.600 | 79% |
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| Operating Cash Flow (TTM) (Mil) | $195 | $35 | 59% |
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| Net Cash Flow (TTM) (Mil) | $31 | $2 | 66% |
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| Long-Term Debt (Q1) (Mil) | $92 | $100 | 44% |
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| Enterprise Value (Q1) (Mil) | na | $0 | na |
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| Valuation | NRIM | Industry Median |
Percentile (All Stocks) |
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| P/B | 1.65 | 1.25 | 42% |
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| P/E | 8.5 | 12.4 | 12% |
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| Dividend Yield | 2.5% | 2.2% | 81% |
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| PEG (5yr hist) | 0.5 | 1.1 | 23% |
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| Ratios | NRIM | Industry Median |
Percentile (All Stocks) |
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| Gross Margin | na | 63.7% | na |
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| Net Margin | 31.8% | 29.1% | 90% |
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| ROA | 2.1% | 1.1% | 56% |
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| ROE | 21.5% | 11.3% | 81% |
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| Liabilities to Assets | 89.8% | 89.7% | 85% |
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| F-Score | 4 | 4 | 33% |
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Passing Stock Screens
As of 8/21/2026, from a list of 60 stock screening strategies,
GURU STRATEGY
Graham--Defensive Investor (Utility) Screen
Factors: Yield, Value, Quality, Industry/Sector
Graham's approach leads to three separate screens that focus on the concept of intrinsic value, justified by a firm's financial strength.
| Performance Since Inception: | 6.9% |
| +/- S&P 500: | -0.6 |
