27.07 USD
-0.67 (-2.42%)
27.07 USD
0 (0%)
NRIM gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 388 industry peers in the Banks industry. NRIM has an average financial health and profitability rating. NRIM has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
1. Profitability
1.1 Basic Checks
NRIM had positive earnings in the past year.
In the past year NRIM had a positive cash flow from operations.
NRIM had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: NRIM reported negative operating cash flow in multiple years.
1.2 Ratios
NRIM has a better Return On Assets (1.90%) than 95.62% of its industry peers.
NRIM's Return On Equity of 19.99% is amongst the best of the industry. NRIM outperforms 98.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 19.99% | ||
| ROIC | N/A |
ROA(3y)1.09%
ROA(5y)1.24%
ROE(3y)12.9%
ROE(5y)13.86%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NRIM's Profit Margin of 30.60% is amongst the best of the industry. NRIM outperforms 81.44% of its industry peers.
In the last couple of years the Profit Margin of NRIM has grown nicely.
The Operating Margin and Gross Margin are not available for NRIM so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 30.6% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.45%
PM growth 5Y3.19%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NRIM does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, NRIM has about the same amount of shares outstanding.
The number of shares outstanding for NRIM has been reduced compared to 5 years ago.
Compared to 1 year ago, NRIM has an improved debt to assets ratio.
2.2 Solvency
NRIM has a debt to FCF ratio of 0.07. This is a very positive value and a sign of high solvency as it would only need 0.07 years to pay back of all of its debts.
The Debt to FCF ratio of NRIM (0.07) is better than 87.63% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that NRIM is not too dependend on debt financing.
NRIM has a better Debt to Equity ratio (0.03) than 83.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.07 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.53%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
NRIM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 53.92%, which is quite impressive.
Measured over the past years, NRIM shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -11.50% on average per year.
NRIM shows a strong growth in Revenue. In the last year, the Revenue has grown by 42.62%.
The Revenue has been growing by 8.82% on average over the past years. This is quite good.
EPS 1Y (TTM)53.92%
EPS 3Y3.23%
EPS 5Y-11.5%
EPS Q2Q%52.87%
Revenue 1Y (TTM)42.62%
Revenue growth 3Y5.26%
Revenue growth 5Y8.82%
Sales Q2Q%22.55%
3.2 Future
NRIM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.05% yearly.
NRIM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.51% yearly.
EPS Next Y68.76%
EPS Next 2Y31.8%
EPS Next 3Y26.05%
EPS Next 5YN/A
Revenue Next Year22.18%
Revenue Next 2Y16.22%
Revenue Next 3Y15.51%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NRIM is valuated reasonably with a Price/Earnings ratio of 11.98.
Compared to the rest of the industry, the Price/Earnings ratio of NRIM indicates a somewhat cheap valuation: NRIM is cheaper than 61.08% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.39. NRIM is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 9.44, the valuation of NRIM can be described as reasonable.
NRIM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NRIM is cheaper than 71.65% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, NRIM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.98 | ||
| Fwd PE | 9.44 |
4.2 Price Multiples
94.07% of the companies in the same industry are more expensive than NRIM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.32 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NRIM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as NRIM's earnings are expected to grow with 26.05% in the coming years.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y31.8%
EPS Next 3Y26.05%
5. Dividend
5.1 Amount
NRIM has a Yearly Dividend Yield of 2.31%.
NRIM's Dividend Yield is comparable with the industry average which is at 2.74.
Compared to an average S&P500 Dividend Yield of 1.87, NRIM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.31% |
5.2 History
The dividend of NRIM decreases each year by -13.12%.
NRIM has been paying a dividend for at least 10 years, so it has a reliable track record.
NRIM has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-13.12%
Div Incr Years15
Div Non Decr Years15
5.3 Sustainability
22.56% of the earnings are spent on dividend by NRIM. This is a low number and sustainable payout ratio.
DP22.56%
EPS Next 2Y31.8%
EPS Next 3Y26.05%
27.07
-0.67 (-2.42%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners74.75%
Inst Owner Change296.43%
Ins Owners1.71%
Ins Owner Change4.12%
Market Cap597.98M
Revenue(TTM)206.19M
Net Income(TTM)63.09M
Analysts85
Price Target32.13 (18.69%)
Short Float %2.07%
Short Ratio3.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.31% |
Yearly Dividend0.62
Dividend Growth(5Y)-13.12%
DP22.56%
Div Incr Years15
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.32%
Min EPS beat(2)-4.55%
Max EPS beat(2)-0.09%
EPS beat(4)2
Avg EPS beat(4)13.97%
Min EPS beat(4)-4.55%
Max EPS beat(4)45.16%
EPS beat(8)5
Avg EPS beat(8)13.75%
EPS beat(12)6
Avg EPS beat(12)3.5%
EPS beat(16)8
Avg EPS beat(16)4.4%
Revenue beat(2)0
Avg Revenue beat(2)-9.78%
Min Revenue beat(2)-18.46%
Max Revenue beat(2)-1.1%
Revenue beat(4)1
Avg Revenue beat(4)-8.15%
Min Revenue beat(4)-18.46%
Max Revenue beat(4)4.26%
Revenue beat(8)3
Avg Revenue beat(8)-4.02%
Revenue beat(12)5
Avg Revenue beat(12)-1.18%
Revenue beat(16)9
Avg Revenue beat(16)9.67%
PT rev (1m)6.78%
PT rev (3m)-70.83%
EPS NQ rev (1m)2.92%
EPS NQ rev (3m)-71.73%
EPS NY rev (1m)17.17%
EPS NY rev (3m)-71.74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.84%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.98 | ||
| Fwd PE | 9.44 | ||
| P/S | 2.9 | ||
| P/FCF | 4.32 | ||
| P/OCF | 4.26 | ||
| P/B | 1.89 | ||
| P/tB | 2.52 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.26
EY8.35%
EPS(NY)2.87
Fwd EY10.59%
FCF(TTM)6.27
FCFY23.16%
OCF(TTM)6.35
OCFY23.46%
SpS9.33
BVpS14.29
TBVpS10.73
PEG (NY)0.17
PEG (5Y)N/A
Graham Number26.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 19.99% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 30.6% | ||
| GM | N/A | ||
| FCFM | 67.18% |
ROA(3y)1.09%
ROA(5y)1.24%
ROE(3y)12.9%
ROE(5y)13.86%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.45%
PM growth 5Y3.19%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.07 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 59.27% | ||
| Cap/Sales | 0.88% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 219.53% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC13.53%
ROIC/WACCN/A
Cap/Depr(3y)82.34%
Cap/Depr(5y)75.87%
Cap/Sales(3y)2.74%
Cap/Sales(5y)2.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)53.92%
EPS 3Y3.23%
EPS 5Y-11.5%
EPS Q2Q%52.87%
EPS Next Y68.76%
EPS Next 2Y31.8%
EPS Next 3Y26.05%
EPS Next 5YN/A
Revenue 1Y (TTM)42.62%
Revenue growth 3Y5.26%
Revenue growth 5Y8.82%
Sales Q2Q%22.55%
Revenue Next Year22.18%
Revenue Next 2Y16.22%
Revenue Next 3Y15.51%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y632.84%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y435.55%
OCF growth 3YN/A
OCF growth 5YN/A
NORTHRIM BANCORP INC / NRIM FAQ
What is the fundamental rating for NRIM stock?
ChartMill assigns a fundamental rating of 5 / 10 to NRIM.
What is the valuation status for NRIM stock?
ChartMill assigns a valuation rating of 7 / 10 to NORTHRIM BANCORP INC (NRIM). This can be considered as Undervalued.
What is the profitability of NRIM stock?
NORTHRIM BANCORP INC (NRIM) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for NRIM stock?
The Price/Earnings (PE) ratio for NORTHRIM BANCORP INC (NRIM) is 11.98 and the Price/Book (PB) ratio is 1.89.
What is the financial health of NORTHRIM BANCORP INC (NRIM) stock?
The financial health rating of NORTHRIM BANCORP INC (NRIM) is 4 / 10.