Northrim Income Before Tax from 2010 to 2024

NRIM Stock  USD 85.07  0.50  0.58%   
Northrim BanCorp Income Before Tax yearly trend continues to be very stable with very little volatility. Income Before Tax is likely to drop to about 20.1 M. During the period from 2010 to 2024, Northrim BanCorp Income Before Tax quarterly data regression pattern had sample variance of 126.3 T and median of  24,075,000. View All Fundamentals
 
Income Before Tax  
First Reported
1992-09-30
Previous Quarter
11.6 M
Current Value
11.6 M
Quarterly Volatility
3.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northrim BanCorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northrim BanCorp's main balance sheet or income statement drivers, such as Interest Expense of 30.1 M, Other Operating Expenses of 89.3 M or Operating Income of 25.5 M, as well as many indicators such as Price To Sales Ratio of 2.64, Dividend Yield of 0.0446 or PTB Ratio of 1.41. Northrim financial statements analysis is a perfect complement when working with Northrim BanCorp Valuation or Volatility modules.
  
Check out the analysis of Northrim BanCorp Correlation against competitors.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.

Latest Northrim BanCorp's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Northrim BanCorp over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Northrim BanCorp income statement and is an important metric when analyzing Northrim BanCorp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Northrim BanCorp's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northrim BanCorp's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Northrim Income Before Tax Regression Statistics

Arithmetic Mean25,586,183
Geometric Mean22,032,959
Coefficient Of Variation43.92
Mean Deviation8,035,720
Median24,075,000
Standard Deviation11,238,545
Sample Variance126.3T
Range45.7M
R-Value0.69
Mean Square Error71.7T
R-Squared0.47
Significance0
Slope1,728,011
Total Sum of Squares1768.3T

Northrim Income Before Tax History

202420.1 M
202331.6 M
202238.5 M
202148 M
202042.4 M
201926.1 M
201824.1 M

About Northrim BanCorp Financial Statements

Northrim BanCorp investors utilize fundamental indicators, such as Income Before Tax, to predict how Northrim Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax31.6 M20.1 M

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When determining whether Northrim BanCorp is a strong investment it is important to analyze Northrim BanCorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northrim BanCorp's future performance. For an informed investment choice regarding Northrim Stock, refer to the following important reports:
Check out the analysis of Northrim BanCorp Correlation against competitors.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrim BanCorp. If investors know Northrim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrim BanCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.061
Dividend Share
2.46
Earnings Share
5.86
Revenue Per Share
25.726
Quarterly Revenue Growth
0.157
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.