NRIM

Northrim BanCorp, Inc.

Financial Services · $540M market cap

Verdict

Share price

$24.76

close of Oct 3, 2026

Fair value

$46.83

Sticker Price

Payback Price

$18.73

buy price

Undervalued

NRIM is Undervalued: at $24.76 it trades 47% below its fair value of $46.83. Its buy price (Payback Price) is $18.73, 24% below today's price. Business quality is solid: 3 of 5 key numbers clear the 10% bar.

How we valued it

Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth10.2% a year✓
Equity per share growth6.6% a year✗
Sales growth8.5% a year✗
Free cash flow growth10.0% a year✓
Return on invested capital10.6%✓

Follow NRIM

Get notified when it reaches its buy price of $18.73. Free.

Create a free account

Insider activity

Since Jul 31, 2026: 1 open-market purchase worth $31K and 8 sales worth $584K. Why purchases matter

Purchases

Sales

About Northrim BanCorp, Inc.

Northrim BanCorp, Inc. functions as the parent entity for Northrim Bank, which delivers a comprehensive range of commercial banking products and services primarily to businesses and professional clients. Its operations are divided into two main divisions: Community Banking and Home Mortgage Lending. The bank offers a diverse suite of deposit accounts, including noninterest-bearing checking accounts, interest-bearing…

Banks - Regional

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works