Northrim BanCorp, Inc. (NRIM) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Orange County Bancorp, Inc.

Orrstown Financial Services, Inc.

Northrim BanCorp, Inc.

RBB Bancorp

Unity Bancorp, Inc.

Farmers & Merchants Bancorp, Inc. (Ohio)

BayCom Corp.

Civista Bancshares, Inc.

Citizens Financial Services, Inc.

First Business Financial Services, Inc.

Pioneer Bancorp, Inc. (New York)

Why is Northrim BanCorp, Inc. ?

High Profitability with a Net Interest Margin of 11.98%

With a growth in Interest of NAN%, the company declared Very Positive results in Dec 25

The company has declared positive results for the last 8 consecutive quarters
NET PROFIT(HY) At USD 39.98 MM has Grown at 102.39%
NII(Q) Highest at USD 35.38 MM
OPERATING CASH FLOW(Y) Highest at USD 116.27 MM

With ROA of 0.85%, it has a fair valuation with a 1.60 Price to Book Value

Over the past year, while the stock has generated a return of 24.08%, its profits have risen by 42.1% ; the PEG ratio of the company is 0.2

High Institutional Holdings at 77.39%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
Their stake has increased by 3.18% over the previous quarter.

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Northrim BanCorp, Inc. should be less than 10%
Overall Portfolio exposure to Regional Banks should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Regional Banks)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Northrim BanCorp, Inc. for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Northrim BanCorp, Inc.

25.37%

-0.69

83.65%

S&P 500

20.12%

0.99

19.34%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

18.38%

EBIT Growth (5y)

8.63%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Dividend Payout Ratio

22.30%

Pledged Shares

Institutional Holding

77.39%

ROCE (avg)

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.60

EV to EBIT

4.49

EV to EBITDA

4.22

EV to Capital Employed

3.21

EV to Sales

1.50

PEG Ratio

0.24

Dividend Yield

0.77%

ROCE (Latest)

71.51%

ROE (Latest)

15.77%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

17What is working for the Company

NET PROFIT(HY)

At USD 39.98 MM has Grown at 102.39%

NII(Q)

Highest at USD 35.38 MM

OPERATING CASH FLOW(Y)

Highest at USD 116.27 MM

ROCE(HY)

Highest at 2.04%

CREDIT DEPOSIT RATIO(HY)

Highest at 81.6%

NET SALES(Q)

Highest at USD 46.04 MM

-4What is not working for the Company

ROCE(HY)

Lowest at 2.04%

GROSS NPA (%)

Here's what is working for Northrim BanCorp, Inc.

NII

Highest at USD 35.38 MM and Grown

In each period in the last five periods

MOJO Watch

The bank's income from core business is increasing

Net NPA

Net Profit

At USD 39.98 MM has Grown at 102.39%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (USD MM)

Operating Cash Flow

Highest at USD 116.27 MM

in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (USD MM)

Net Sales

Highest at USD 46.04 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (USD MM)

Credit Deposit Ratio

Highest at 81.6%

in the last four Semi-Annual periods

MOJO Watch

Bank has been creating proportionately higher loans against its deposits, thereby creating higher revenue generating assets

Credit Deposit Ratio (%)

CASA

Highest at 10.67%

in the last five periods

MOJO Watch

The Bank's capital base vs its risk assets is improving. However, the bank may not be taking adequate risk in its lending book.

CAR (%)

Here's what is not working for Northrim BanCorp, Inc.

Non Performing Loans (%)

Highest at 0.52%

in the last four Semi-Annual periods

MOJO Watch

Proportion of stressed loans given by the bank are increasing

Non Performing Loans (%)