📊 NRIM Key Takeaways
Is Northrim Bancorp Inc. (NRIM) a Good Investment?
Northrim Bancorp demonstrates exceptional fundamental strength with 74.8% YoY net income growth, a robust 25.3% net margin, and conservative leverage (0.04x debt-to-equity). The company generates substantial free cash flow of $133.9M with a 52.4% FCF margin, indicating high-quality earnings and financial stability characteristic of a well-managed regional bank.
Northrim Bancorp exhibits standout core profitability (33% operating margin, 25% net margin) translating into a 2.0% ROA and 19.8% ROE, supported by disciplined costs and solid asset-liability management. A conservative balance sheet with minimal long-term debt and strong operating cash flow provides resilience and flexibility to support growth. While revenue and EPS growth are robust, sustaining them will depend on maintaining net interest margins and stable credit quality in a shifting rate environment.
Why Buy Northrim Bancorp Inc. Stock? NRIM Key Strengths
- Explosive earnings growth of 74.8% YoY with net income reaching $64.6M
- Exceptional profitability with 25.3% net margin and 19.8% ROE
- Strong balance sheet with minimal debt (0.04x D/E ratio) and $145.9M cash position
- High-quality free cash flow generation at $133.9M (52.4% FCF margin)
- Solid interest coverage of 9.0x indicating strong debt servicing ability
- Consistent revenue growth of 43.3% YoY signaling healthy loan demand
- High profitability: 2.0% ROA and 19.8% ROE with 25% net margin
- Conservative leverage and liquidity (debt/equity 0.04x; strong cash and 9x interest coverage)
- Strong earnings and cash generation (+43% revenue, +75% net income YoY; 52% FCF margin)
NRIM Stock Risks: Northrim Bancorp Inc. Investment Risks
- Regional bank exposure to Alaska economy and local market concentration risk
- Rising interest rate environment could compress net interest margins
- Limited liquidity ratio metrics (N/A) prevents full assessment of working capital management
- Regulatory changes in banking sector could impact profitability
- Modest asset size of $3.3B limits diversification compared to larger institutions
- Net interest margin compression from rising funding costs or rate shifts
- Credit quality deterioration increasing provisions and reducing earnings
- Deposit/funding concentration in core markets increasing liquidity pressure during stress
Key Metrics to Watch
- Net Interest Margin (NIM) trends amid changing interest rate environment
- Loan portfolio quality and non-performing loan ratios
- Deposit growth and core funding stability
- Capital adequacy ratios and regulatory compliance status
- Efficiency ratio (operating expenses as % of revenue)
- Return on Assets trend sustainability
- Net interest margin (NIM) and deposit costs
- Nonperforming assets (NPA) and net charge-offs (NCOs)
Northrim Bancorp Inc. (NRIM) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 52.4% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
NRIM Profit Margin, ROE & Profitability Analysis
NRIM vs Finance Sector: How Northrim Bancorp Inc. Compares
How Northrim Bancorp Inc. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Northrim Bancorp Inc. Stock Overvalued? NRIM Valuation Analysis 2026
Based on fundamental analysis, Northrim Bancorp Inc. appears fundamentally strong relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Northrim Bancorp Inc. Balance Sheet: NRIM Debt, Cash & Liquidity
NRIM Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Northrim Bancorp Inc.'s revenue has grown significantly by 3,970% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.12 reflects profitable operations.
NRIM Revenue Growth, EPS Growth & YoY Performance
NRIM Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $51.0M | $8.2M | $0.39 |
| Q2 2025 | $46.5M | $8.2M | $1.62 |
| Q1 2025 | $43.7M | $8.2M | $1.48 |
| Q2 2019 | $1.5M | $4.1M | $0.62 |
| Q1 2019 | $1.3M | $4.1M | $0.58 |
| Q3 2018 | $1.4M | $5.3M | $0.75 |
| Q2 2018 | $1.4M | $3.6M | $0.51 |
| Q1 2018 | $1.3M | $3.8M | $0.55 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Northrim Bancorp Inc. Dividends, Buybacks & Capital Allocation
NRIM SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Northrim Bancorp Inc. (CIK: 0001163370)
📋 Recent SEC Filings
❓ Frequently Asked Questions about NRIM
What is the AI rating for NRIM?
Northrim Bancorp Inc. (NRIM) has a Combined AI Rating of BUY from Claude (STRONG BUY) and ChatGPT (BUY) with 83% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are NRIM's key strengths?
Claude: Explosive earnings growth of 74.8% YoY with net income reaching $64.6M. Exceptional profitability with 25.3% net margin and 19.8% ROE. ChatGPT: High profitability: 2.0% ROA and 19.8% ROE with 25% net margin. Conservative leverage and liquidity (debt/equity 0.04x; strong cash and 9x interest coverage).
What are the risks of investing in NRIM?
Claude: Regional bank exposure to Alaska economy and local market concentration risk. Rising interest rate environment could compress net interest margins. ChatGPT: Net interest margin compression from rising funding costs or rate shifts. Credit quality deterioration increasing provisions and reducing earnings.
What is NRIM's revenue and growth?
Northrim Bancorp Inc. reported revenue of $255.6M.
Does NRIM pay dividends?
Northrim Bancorp Inc. pays dividends, with $14.5M distributed to shareholders in the trailing twelve months.
Where can I find NRIM SEC filings?
Official SEC filings for Northrim Bancorp Inc. (CIK: 0001163370) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is NRIM's EPS?
Northrim Bancorp Inc. has a diluted EPS of $2.87.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is NRIM a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Northrim Bancorp Inc. has a BUY rating with 83% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is NRIM stock overvalued or undervalued?
Valuation metrics for NRIM: ROE of 19.8% (sector avg: 12%), net margin of 25.3% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.
Should I buy NRIM stock in 2026?
Our dual AI analysis gives Northrim Bancorp Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is NRIM's free cash flow?
Northrim Bancorp Inc.'s operating cash flow is $139.3M, with capital expenditures of $5.5M. FCF margin is 52.4%.
How does NRIM compare to other Finance stocks?
Vs Finance sector averages: Net margin 25.3% (avg: 25%), ROE 19.8% (avg: 12%), current ratio N/A (avg: 1.2).