NRIM
Northrim BanCorp, Inc.Financial Services·Banks - Regional
$24.71
$550M market cap
Revenue
$122.1M
Free Cash Flow
$56.6M
Rev Growth
+0.0%
FCF Margin
46.4%
P/FCF
9.7x
EV/FCF
3.4x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company 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. It also provid
2-Year Price History
$24.64+93.6%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 59.8 | 18.0 | 18.0 | 13.7 | 27.2 | 24.3 | -2.9 | 451.5 | 93.5 | 22.6 | 26.4% | 1.8x | -- |
| Act | 2025-Q4 | 62.3 | 18.2 | 18.2 | 12.4 | 34.5 | 32.3 | -2.2 | 343.9 | 87.7 | 22.5 | 29.0% | 1.7x | -- |
Valuation & Metrics
Market Stats
Price$24.71
Market Cap$550M
Enterprise Value$192M
P/S Ratio4.5x
P/FCF9.7x
EV/FCF3.4x
FCF Margin (TTM)46.4%
FCF Yield10.3%
Dividend Yield (TTM)9.1%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$122.1M
Net Income$26.1M
Free Cash Flow$56.6M
Revenue Growth (YoY)+0.0%
EBITDA Margin29.6%
Net Margin21.4%
FCF Margin46.4%
CapEx % of Revenue4.2%
SBC % of Revenue1.2%
ROIC27.7%
WC Change % Rev-75.8%
Interest Coverage1.7x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.5M
Days to Cover4.2
Change (vs Prior)+0.3%
Need at least 2 settlement dates for chart
Employees
Headcount503
Revenue / Employee$242,718
Gross Profit / Employee$199,256
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
36.9%(+9.2% YoY)
146 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
30.5%(+6.8% YoY)
9 filers
Vanguard, iShares, SPDR
Market makers
0.4%(+0.1% YoY)
6 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| BlackRock, Inc.Passive | $63.3M | $20.25 | −$340K | +$46.1M | -0.2% | $5.69T |
| DIMENSIONAL FUND ADVISORS LPPassive | $27.6M | $21.36 | −$1.1M | +$18.2M | -0.4% | $480.92B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $22.1M | $22.88 | +$22.1M | +$22.1M | — | $4.04T |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $18.2M | $21.34 | −$229K | +$13.3M | -0.2% | $113.45B |
| AMERICAN CENTURY COMPANIES INC | $17.7M | $20.78 | +$1.5M | +$14.6M | +0.7% | $193.48B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $17.1M | $21.07 | +$493K | +$14.2M | +2.3% | $1.61T |
| STATE STREET CORPPassive | $16.9M | $20.55 | +$3.0M | +$14.4M | -0.2% | $2.89T |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $11.6M | $22.88 | +$11.6M | +$11.6M | — | $1.91T |
| De Lisle Partners LLP | $10.9M | $20.03 | +$313K | +$8.7M | -0.7% | $836M |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | $7.5M | $22.44 | +$538K | +$7.5M | -0.3% | $1.72B |
| AMERIPRISE FINANCIAL INC | $7.2M | $20.84 | +$110K | +$4.0M | -0.1% | $430.96B |
| APCM Wealth Management for Individuals | $7.0M | $22.20 | +$4.8M | +$6.4M | -0.0% | $814M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $6.7M | $21.55 | +$903K | +$5.6M | +0.1% | $184.72B |
| TWO SIGMA INVESTMENTS, LP | $5.4M | $19.93 | +$407K | +$4.9M | -0.9% | $117.03B |
| FRANKLIN RESOURCES INC | $5.3M | $19.87 | +$785K | +$4.1M | -0.2% | $403.03B |
| GOLDMAN SACHS GROUP INC | $5.2M | $20.81 | +$870K | +$4.5M | -0.2% | $760.93B |
| LSV ASSET MANAGEMENT | $5.0M | $19.25 | −$604K | +$2.5M | +0.0% | $46.40B |
| NORTHERN TRUST CORPPassive | $5.0M | $19.44 | +$124K | +$3.9M | -0.2% | $755.34B |
| Waverly Advisors, LLC | $4.8M | $26.27 | +$216K | +$4.8M | -0.2% | $13.31B |
| Boston Partners | $4.8M | $21.59 | +$1.1M | +$4.0M | +0.5% | $95.40B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.17%
avg per quarter
Holders (ex-self)
-0.18%
excl. this stock
Buyers (this Q)
-0.36%
60 buyers · $0.06B in
Sellers (this Q)
-0.19%
50 sellers · $0.05B out
alpha coverage: 90% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+3.6%
how holders react when this stock falls
On quiet Qs
+10.4%
−10% to +10% baseline
On rallies (+10%+)
-4.3%
how they react when this stock rises
Holders' portfolio flow this Q
+3.3%
inflows — adds are organic
Sellers' portfolio flow this Q
+2.8%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-3.4%
Holder mid (any stock)
-2.2%
Holder rally (any stock)
-4.5%
Biggest decreases this quarter
PRUDENTIAL FINANCIAL INCexited−$1.3MInformed Momentum Co LLCexited−$1.2MDIMENSIONAL FUND ADVISORS LP−$1.1Mα-0.4Point Nemo Capital, LLCexited−$973KJANUS HENDERSON GROUP PLCexited−$885KSEI INVESTMENTS COexited−$874KTrexquant Investment LPexited−$870KBAILARD, INC.exited−$802KLSV ASSET MANAGEMENT−$604Kα+0.0INDEPENDENT FINANCIAL GROUP, LLCexited−$601K
New buyers this quarter
Top-5 holders · 40.0%
BlackRock, Inc.--
DIMENSIONAL FUND ADVISORS LP--
VANGUARD CAPITAL MANAGEMENT LLC--
MANUFACTURERS LIFE INSURANCE COMPANY, THE--
AMERICAN CENTURY COMPANIES INC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
MANUFACTURERS LIFE INSURANCE COMPANY, THE794KAltraVue Capital, LLC—AMERICAN CENTURY COMPANIES INC773KAMERIPRISE FINANCIAL INC316KDe Lisle Partners LLP474KACADIAN ASSET MANAGEMENT LLC85KLSV ASSET MANAGEMENT221KFourthstone LLC—PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.326KHOTCHKIS & WILEY CAPITAL MANAGEMENT LLC—
Analyst Coverage
Analyst Coverage
Analyst Ratings
1
Buy: 1Consensus: Buy
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$143K
5 txns · 5 insiders · 5,926 sh
Sells ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-01-30 | BUY | Ballard Jed W | officer: EVP, CFO | 1,290 | $23.24 | $30K | $445K |
| 2026-01-29 | BUY | Huston Michael G. | officer: President, CEO, and COO | 1,500 | $22.80 | $34K | $1.90M |
| 2025-12-10 | BUY | Thomas Linda C | director | 800 | $24.95 | $20K | $137K |
| 2025-12-09 | BUY | HEGNA SHAUNA | director | 1,186 | $25.25 | $30K | $41K |
| 2025-12-09 | BUY | McCambridge David J | director | 1,150 | $24.87 | $29K | $1.03M |
Order Flow (FINRA, ~3w lag)
11.5%retail-5.1pp
17.7%dark+1.7pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.