Northrim BanCorp, Inc.

Northrim BanCorp, Inc.

NRIMยทNASDAQ

$24.41

+0.41%
Financial ServicesBanks - Regional

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.

At a Glance

Live Snapshot
Market Cap$542.96M
EPS2.9200
P/E Ratio8.36
Earnings Date07/22/2026
Northrim BanCorp, Inc.

Northrim BanCorp, Inc. Fair Value Envelope

NRIM ยท NASDAQ

Our analysis suggests that NRIM has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $24.4086, this represents a potential HIDDEN relative to our calculated worth for Northrim BanCorp, Inc..

Intrinsic Value
Current Price: $24.4086

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1,256.9B
+ Cash & Equivalents$36.0M
Firm Value$1,257.0B
- Debt$93.6M
Equity Value$1,256.9B
/ Shares Outstanding22,090,668B
DCF Value$56.9K
UNDERVALUED BY 233000%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$278.7M
$557.3M
$1.1B
$2.2B
$4.5B
$8.9B
$17.8B
$35.7B
$71.3B
$142.7B
Maintenance CapEx
-$2.2M
-$4.4M
-$8.8M
-$17.5M
-$35.0M
-$70.0M
-$140.0M
-$280.0M
-$560.0M
-$1.1B
Owner Earnings
$276.5M
$553.0M
$1.1B
$2.2B
$4.4B
$8.8B
$17.7B
$35.4B
$70.8B
$141.6B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$256.0M
$474.1M
$877.9M
$1.6B
$3.0B
$5.6B
$10.3B
$19.1B
$35.4B
$65.6B
Terminal Value represents 88.7% of Enterprise Value