Northrim BanCorp (NASDAQ: NRIM) is one of 205 publicly-traded companies in the “Commercial Banks” industry, but how does it compare to its competitors? We will compare Northrim BanCorp to similar companies based on the strength of its dividends, analyst recommendations, valuation, institutional ownership, earnings, risk and profitability.

Institutional and Insider Ownership

71.0% of Northrim BanCorp shares are owned by institutional investors. Comparatively, 46.5% of shares of all “Commercial Banks” companies are owned by institutional investors. 2.9% of Northrim BanCorp shares are owned by company insiders. Comparatively, 11.7% of shares of all “Commercial Banks” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings for Northrim BanCorp and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northrim BanCorp 0 0 0 0 N/A
Northrim BanCorp Competitors 355 2833 2303 66 2.37

As a group, “Commercial Banks” companies have a potential upside of 0.69%. Given Northrim BanCorp’s competitors higher possible upside, analysts plainly believe Northrim BanCorp has less favorable growth aspects than its competitors.

Earnings and Valuation

This table compares Northrim BanCorp and its competitors top-line revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Northrim BanCorp $102.18 $14.41 14.51
Northrim BanCorp Competitors $344.00 $72.43 20.73

Northrim BanCorp’s competitors have higher revenue and earnings than Northrim BanCorp. Northrim BanCorp is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Northrim BanCorp and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Northrim BanCorp 16.18% 8.73% 1.09%
Northrim BanCorp Competitors 20.58% 8.77% 0.93%

Dividends

Northrim BanCorp pays an annual dividend of $0.88 per share and has a dividend yield of 2.6%. Northrim BanCorp pays out 37.3% of its earnings in the form of a dividend. As a group, “Commercial Banks” companies pay a dividend yield of 1.8% and pay out 34.3% of their earnings in the form of a dividend.

Risk & Volatility

Northrim BanCorp has a beta of 0.7, meaning that its share price is 30% less volatile than the S&P 500. Comparatively, Northrim BanCorp’s competitors have a beta of 0.75, meaning that their average share price is 25% less volatile than the S&P 500.

Summary

Northrim BanCorp competitors beat Northrim BanCorp on 9 of the 12 factors compared.

Northrim BanCorp Company Profile

Northrim BanCorp, Inc. is a bank holding company. The Company operates in two segments: Community Banking and Home Mortgage Lending. The Community Banking segment’s principal business focus is the offering of loan and deposit products to business and consumer customers in its primary market areas. The Community Banking segment operates approximately 10 branches throughout Alaska. The Home Mortgage Lending segment’s principal business focus is the origination and sale of mortgage loans for one- to four-family residential properties. Its loan products include short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans. Its commercial loan portfolio includes both secured and unsecured loans for working capital and expansion. It provides construction lending for commercial real estate projects. It offers personal loans for automobiles, recreational vehicles, boats, and other larger consumer purchases.

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