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Northrim BanCorp, Inc is currently in a long term uptrend where the price is trading 7.3% above its 200 day moving average.
From a valuation standpoint, the stock is 76.8% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.1.
Northrim BanCorp, Inc's total revenue rose by 41.4% to $37M since the same quarter in the previous year.
Its net income has increased by 120.5% to $10M since the same quarter in the previous year.
Finally, its free cash flow fell by 147.0% to $-10M since the same quarter in the previous year.
Based on the above factors, Northrim BanCorp, Inc gets an overall score of 4/5.
ISIN | US6667621097 |
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Sector | Financial Services |
Industry | Banks - Regional |
Exchange | NASDAQ |
CurrencyCode | USD |
Market Cap | 420M |
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PE Ratio | 11.36 |
Target Price | 97 |
Dividend Yield | 3.4% |
Beta | 0.75 |
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. The company operates through three segments: Community Banking, Home Mortgage Lending, and Specialty Finance. It 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. The company also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short and medium-term working capital. In addition, it offers consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, the company provides mobile web and app banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox services, card control, corporate purchase cards, integrated payables, home equity advantage access cards, telebanking, and automated teller services. Additionally, it offers personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment, 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. The company also provides investment advisory, trust, wealth management, factoring, and mortgage services. The company was founded in 1990 and is headquartered in Anchorage, Alaska.
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