Northrim Bancorp (NRIM) Fundamental Analysis: Revenue, Earnings & Valuation

4.60 / 10

Netural

Northrim BanCorp's fundamental score is 4.6/10, indicating average quality. Key positives include a strong gross profit margin of 36.7% and robust year-over-year profit growth of 101.5%. However, concerns linger over a negative net asset growth rate of -70.5% and suboptimal cash-to-market and PB-ROE metrics. Overall, the company sits in a cautious zone, neither clearly undervalued nor overvalued.

Analysis Checks(7/10)

Net assets per share (growth rate compared to beginning of year %)

Value-70.48

Score3/3

Weight9.50%

1M Return4.47%

Revenue-MV

Value0.16

Score3/3

Weight15.69%

1M Return7.25%

Net profit attributable to parent company shareholders / Net profit (%)

Value100.00

Score1/3

Weight5.96%

1M Return3.05%

Gross profit margin (%)

Value36.70

Score3/3

Weight6.81%

1M Return3.43%

Profit-MV

Value1.14

Score3/3

Weight15.73%

1M Return6.98%

Total profit (YoY growth rate %)

Value101.53

Score3/3

Weight9.64%

1M Return4.68%

PB-ROE

Value1.41

Score0/3

Weight7.62%

1M Return3.61%

Total profit / EBIT (%)

Value100.00

Score3/3

Weight6.81%

1M Return3.43%

Asset-MV

Value-0.50

Score2/3

Weight15.93%

1M Return7.51%

Cash-MV

Value0.14

Score0/3

Weight6.30%

1M Return3.01%

Is NRIM fundamentally strong?

NRIM scores 4.60/10 on fundamentals and holds a Fair valuation at present. Backed by its 17.90% ROE, 30.77% net margin, 9.06 P/E ratio, 1.81 P/B ratio, and 20.68% earnings growth, these metrics solidify its Netural investment rating.