Northrim BanCorp Inc
NASDAQ:NRIM

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Northrim BanCorp Inc
NASDAQ:NRIM
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Price: 74.64 USD -1.22% Market Closed
Market Cap: 410.5m USD

Relative Value

The Relative Value of one NRIM stock under the Base Case scenario is 63.01 USD. Compared to the current market price of 74.64 USD, Northrim BanCorp Inc is Overvalued by 16%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NRIM Relative Value
Base Case
63.01 USD
Overvaluation 16%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
45
Median 3Y
2
Median 5Y
1.7
Industry
2.5
Forward
2.6
vs History
11
vs Industry
41
Median 3Y
9.1
Median 5Y
7.2
Industry
10.5
Forward
9.1
vs History
6
vs Industry
13
Median 3Y
1.1
Median 5Y
1
Industry
0.9
vs History
6
vs Industry
31
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1

Multiples Across Competitors

NRIM Competitors Multiples
Northrim BanCorp Inc Competitors

Market Cap P/S P/E P/B
US
Northrim BanCorp Inc
NASDAQ:NRIM
411.9m USD 2.7 11.1 1.5
US
PNC Financial Services Group Inc
NYSE:PNC
70B USD 3.2 12.7 1.3
US
Truist Financial Corp
NYSE:TFC
55.3B USD 4.2 12.4 0.9
US
M&T Bank Corp
NYSE:MTB
30.3B USD 3.3 12.4 1
US
Fifth Third Bancorp
NASDAQ:FITB
26.9B USD 3.2 12.5 1.4
US
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
26B USD 2.7 9.6 1.2
CN
Bank of Jiangsu Co Ltd
SSE:600919
175.8B CNY 2.2 6.9 0.6
CN
Bank of Ningbo Co Ltd
SZSE:002142
174.3B CNY 2.5 6.7 0.8
US
Huntington Bancshares Inc
NASDAQ:HBAN
22.3B USD 3 12.4 1.1
JP
Resona Holdings Inc
TSE:8308
3.2T JPY 3.3 14.9 1.2
US
Regions Financial Corp
NYSE:RF
20.4B USD 2.9 11.5 1.1