RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Northrim BanCorp P/E 2024

Northrim BanCorp P/E

9.88

Northrim BanCorp Dividend yield

4.4 %

Ticker

NRIM

ISIN

US6667621097

WKN

923687

As of May 23, 2024, Northrim BanCorp's P/E ratio was 9.88, a 13.82% change from the 8.68 P/E ratio recorded in the previous year.

The Northrim BanCorp P/E history

Northrim BanCorp Aktienanalyse

What does Northrim BanCorp do?

Northrim BanCorp Inc is an American company based in Anchorage, Alaska. The company is the parent company of Northrim Bank, a bank specializing in offering financial services to private and commercial customers in Alaska. Northrim BanCorp Inc has been listed on the NASDAQ stock exchange since 1993 and has a market capitalization of around $200 million. The history of Northrim BanCorp Inc dates back to 1990 when a group of entrepreneurs decided to establish an independent bank in Alaska. This bank was intended to meet the needs of the local economy and society and provide them with the opportunity to manage their financial affairs locally. Three years later, in 1993, Northrim BanCorp Inc brought Northrim Bank to the stock exchange to finance the further growth of the company. Northrim Bank offers a wide range of banking services, including personal and commercial banking, mortgages, loans, deposit and investment services, as well as digital banking services. The bank serves approximately 70,000 customers and has branches in six cities in Alaska, including Anchorage, Fairbanks, Juneau, Ketchikan, Sitka, and Soldotna. An important aspect of Northrim BanCorp Inc's business strategy is supporting the local economy. The bank works closely with small and medium-sized businesses in Alaska to meet their financing needs and maximize their growth opportunities. The bank also offers special programs for local activities, such as financing for the fishing industry and transportation. Northrim BanCorp Inc also operates a wealth management division, Northrim Wealth Management Services, which provides advice to individual and institutional investors in Alaska and other parts of the US. This subsidiary offers a wide range of investment and asset management services, including wealth management, investment advisory, family office services, asset protection, and philanthropic consulting. Northrim BanCorp Inc is also active in the online and mobile banking sector. The bank offers an online platform through which customers can manage their accounts, make transfers, monitor their loans, and manage their investments. The bank's app is available on the App Store and Google Play Store, allowing customers to conduct their banking transactions on the go. In terms of corporate social responsibility (CSR), Northrim BanCorp Inc is also very active. The company has launched a program called the "Community Dividend Fund," which provides financial support to nonprofit organizations in Alaska. This program has raised several million dollars in donations in recent years, which have been directly distributed to local charities. Overall, Northrim BanCorp Inc has developed a successful business model that focuses on the needs of the local economy and society in Alaska. The company specializes in offering banking services, wealth management, and digital banking, and is committed to providing its customers in Alaska and elsewhere with a high-quality customer experience. With a strong focus on supporting the local economy and philanthropic activities, Northrim BanCorp Inc is an example of how companies can create a win-win situation by serving both their customers and the communities in which they operate. Northrim BanCorp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Northrim BanCorp's P/E Ratio

The Price to Earnings (P/E) Ratio of Northrim BanCorp is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Northrim BanCorp's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Northrim BanCorp is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Northrim BanCorp’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Northrim BanCorp Stock

What is the price-to-earnings ratio of Northrim BanCorp?

The price-earnings ratio of Northrim BanCorp is currently 9.88.

How has the price-earnings ratio of Northrim BanCorp changed compared to last year?

The price-to-earnings ratio of Northrim BanCorp has increased by 13.82% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Northrim BanCorp high compared to other companies?

Yes, the price-to-earnings ratio of Northrim BanCorp is high compared to other companies.

How does an increase in the price-earnings ratio of Northrim BanCorp affect the company?

An increase in the price-earnings ratio of Northrim BanCorp would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Northrim BanCorp affect the company?

A decrease in the price-earnings ratio of Northrim BanCorp would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Northrim BanCorp?

Some factors that influence the price-earnings ratio of Northrim BanCorp are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Northrim BanCorp pay?

Over the past 12 months, Northrim BanCorp paid a dividend of 2.4 USD . This corresponds to a dividend yield of about 4.4 %. For the coming 12 months, Northrim BanCorp is expected to pay a dividend of 2.63 USD.

What is the dividend yield of Northrim BanCorp?

The current dividend yield of Northrim BanCorp is 4.4 %.

When does Northrim BanCorp pay dividends?

Northrim BanCorp pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Northrim BanCorp?

Northrim BanCorp paid dividends every year for the past 22 years.

What is the dividend of Northrim BanCorp?

For the upcoming 12 months, dividends amounting to 2.63 USD are expected. This corresponds to a dividend yield of 4.83 %.

In which sector is Northrim BanCorp located?

Northrim BanCorp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Northrim BanCorp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Northrim BanCorp from 3/15/2024 amounting to 0.61 USD, you needed to have the stock in your portfolio before the ex-date on 3/6/2024.

When did Northrim BanCorp pay the last dividend?

The last dividend was paid out on 3/15/2024.

What was the dividend of Northrim BanCorp in the year 2023?

In the year 2023, Northrim BanCorp distributed 1.82 USD as dividends.

In which currency does Northrim BanCorp pay out the dividend?

The dividends of Northrim BanCorp are distributed in USD.

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Andere Kennzahlen von Northrim BanCorp

Our stock analysis for Northrim BanCorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Northrim BanCorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.