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Northrim BanCorp - Stock

Northrim BanCorp Equity 2024

Northrim BanCorp Equity

234.72 M USD

Ticker

NRIM

ISIN

US6667621097

WKN

923687

In 2024, Northrim BanCorp's equity was 234.72 M USD, a 7.37% increase from the 218.6 M USD equity in the previous year.

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.

Equity Details

Analyzing Northrim BanCorp's Equity

Northrim BanCorp's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Northrim BanCorp's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Northrim BanCorp's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Northrim BanCorp's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Northrim BanCorp’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Northrim BanCorp Stock

What is the equity of Northrim BanCorp this year?

Northrim BanCorp has equity of 234.72 M USD this year.

What was the equity of Northrim BanCorp compared to the previous year?

The equity of Northrim BanCorp has increased/decreased by 7.37% increased compared to the previous year.

What impact does a high equity have on investors of Northrim BanCorp?

A high equity is advantageous for investors of Northrim BanCorp as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Northrim BanCorp?

A low equity can be a risk for investors of Northrim BanCorp, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Northrim BanCorp affect the company?

An increase in equity of Northrim BanCorp can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Northrim BanCorp affect the company?

A reduction in equity of Northrim BanCorp can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Northrim BanCorp?

Some factors that can affect the equity of Northrim BanCorp include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Northrim BanCorp so important for investors?

The equity of Northrim BanCorp is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Northrim BanCorp take to change the equity?

To change equity, Northrim BanCorp can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

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 4.48 %. 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 4.48 %.

When does Northrim BanCorp pay dividends?

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

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 4.92 %.

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 6/14/2024 amounting to 0.61 USD, you needed to have the stock in your portfolio before the ex-date on 6/6/2024.

When did Northrim BanCorp pay the last dividend?

The last dividend was paid out on 6/14/2024.

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.