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 in two segments, Community Banking and Home Mortgage Lending. 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-term working capital. In addition, the company offers other services comprising consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, it provides mobile web and text banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox, card control, business employee purchase cards, 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, People Pay, 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 brokerage services. As of January 28, 2022, the company operated 17 branches in Anchorage, the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.

Northrim BanCorp, Inc.

Northrim Bank provides personal and business banking services in Alaska, including checking accounts, loans, and investment options, as described self-described.

Northrim Bank

Northrim Bank, Member FDIC | 1,516 followers on LinkedIn. Northrim Bank is a full-service community bank headquartered in Alaska. | Northrim Bank is a full-service community bank headquartered in Alaska. We were founded on the ideal of Superior Customer First Service and focus on serving the unique needs of Alaskans and the businesses that power the Last Frontier. Our team is responsive, flexible and ready to help you achieve more.

Bill Bailey

Marketing Director

Kari S.

Client Account Service Representative

Kennedy Swan

SVP, DevOps Manager at Northrim Bank

Ryan Caldwell, CISSP

Northrim Bank, Member FDIC

At Northrim Bank, we’re committed to supporting Alaska’s small businesses. Through our work with Alaska SBDC 's SSBCI program and with the help of Commercial Loan Officer Jon Tibbs, we’ve helped businesses like Nenana Subway access the funding they need to grow and succeed, making a significant impact in our communities. Learn more ➡️ https://lnkd.in/gqwJvpHv #ProudToBeAlaskan #AchieveMore #AlaskaBusiness

Northrim is proud to support small businesses like Pathfinder Aviation helping them to utilize programs such as the Alaska SBDC 's State Small Business Credit Initiative (SSBCI) to create new jobs and exciting opportunities. #ProudToBeAlaskan #AchieveMore #GlobalImpact

As Alaska’s Community Bank, we are proud to finance the construction of six different homes built by Hultquist Homes, Merit Homes and Spinell Homes on display during Anchorage Home Builders Association 's Parade of Homes, this weekend. View the showcase map here: https://lnkd.in/gVxEc_K3 #ParadeofHomes #NewConstruction #AchieveMore

Each year, Northrim summer interns take on the challenge of managing a community service project, and this year they chose to organize a food drive for the Food Bank of Alaska. Thanks to the generosity of Northrim employees, our interns donate an impressive 855 pounds of food to help those in need. (L-R) – Accounting Intern Connor Gries and Commercial Loans Inters Matt Nagel and Ian Banker. #InternProject #AchieveMore #ProudToBeAlaskan

Elevate your business with U.S. Small Business Administration 's Learning Platform. Get free access to online courses about financial management, growth strategies and more. Start your business training here: https://bit.ly/3YKds09 #GrowYourBusiness #AchieveMore #ProudToBeAlaskan

Call us at (907) 562-0062 to get started with a no-cost, personalized needs assessment from our Treasury Management team. #TreasuryManagement #AchieveMore #BusinessTools

Northrim is pleased to sponsor Launch Alaska 's 2024 Tech Deployment Track Accelerator Program. This eight month program pairs climate tech startups with Alaska industry experts, community leaders and business representatives to identify their market fit and form partnerships to deploy decarbonizing tech solutions around the state. Learn more about the 12 startups in this year's program: https://lnkd.in/gJcK8rXD #ProudSponsor #AchieveMore

Happy #FinancialAwarenessDay . Today is the perfect day to strengthen your financial strategy. Here are a few tips to help optimize your business finances. ➡1. Regularly assess your cash flow to ensure liquidity. ➡2. Identify and eliminate unnecessary costs. ➡3. Allocate resources to wisely scale your business. Contact us today and ask about the products and services we offer to help you reach your goals. #NorthrimTips #AchieveMore #ProudToBeAlaskan

Jon brought his 15 years of banking experience to Northrim in October 2019, and provides businesses with his broad expertise in lending solutions. He specializes in a diverse range of sectors including mergers and acquisitions, commercial real estate, transportation and logistics, tribal entities and housing authorities. "I’ve been at Northrim for almost five years and appreciate how community oriented, responsive and flexible we are. Northrim is a great resource for the community because we understand what it takes to do business in Alaska." Contact Jon if you are looking for lending services in the Interior. #MeetOurTeam #AchieveMore #ProudToBeAlaskan

Northrim BanCorp Chairman Joe Schierhorn and Northrim Bank President & CEO Mike Huston and CFO Jed Ballard attended a community bank investor conference hosted by Keefe, Bruyette & Woods in New York City last week. While they were there the Nasdaq stock market recognized Northrim on its MarketSite in Times Square. #CommunityBank #AchieveMore #ProudToBeAlaskan

Metric
Company Name	Northrim BanCorp, Inc.
Symbol	NRIM
MSH ID	COM:NORTHRIM
Market	STOCKS
Sector	Financial Services
Industry	Banks - Regional
Country	US
Stage
Employee Count	472
Website	northrim.com
LinkedIn	northrim-bank
Founders

Metric
Market Cap	312.65M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	158.93M
Revenue (LTM)
Revenue (NTM)
Gross Profit	158.09M
EBITDA	17K
Operating Income	26.38M
Net Income	25.39M
EPS	4.53
Diluted EPS	4.49
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	1.00
Operating Profit Margin	0.24
EBITDA Margin	0.00
Net Profit Margin	0.20
Return on Equity	0.14
Return on Assets	0.01
Return on Capital Employed	0.04

COM:NORTHRIM

Northrim Bank

Last Close

85.08

22/11 21:00

Market Cap

312.65M

Beta: -

Volume Today

45.83K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	10.42
P/B Ratio	1.13
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	2.65
EV Multiple	29.28

Metric
Days Sales Outstanding	101.61
Days Payables Outstanding
Days Inventory Outstanding	-13.43K
Operating Cycle	-13.37K
Cash Conversion Cycle	-13.37K
Asset Turnover	0.06

Metric
Operating Cash Flow	35.53M
Free Cash Flow	29.22M
Cash Flow to Debt	0.58
Operating Cash Flow/Sales	0.20
Free Cash Flow Yield	0.07

Metric
Cash & Equivalents	118.53M
Accounts Receivable	-2.02M
Inventory	-9.38M
Goodwill	15.02M
Debt to Capitalization	0.18
Debt to Assets
Current Ratio
Quick Ratio	0.44

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.00
R&D to Revenue
SG&A to Revenue	0.36