Northrim Bancorp Stock Total Asset

NRIM Stock  USD 85.07  0.50  0.58%   
Northrim BanCorp fundamentals help investors to digest information that contributes to Northrim BanCorp's financial success or failures. It also enables traders to predict the movement of Northrim Stock. The fundamental analysis module provides a way to measure Northrim BanCorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Northrim BanCorp stock.
Last ReportedProjected for Next Year
Total Assets2.8 B2.9 B
Intangibles To Total Assets 0.01  0.01 
As of the 30th of November 2024, Total Assets is likely to grow to about 2.9 B, while Intangibles To Total Assets are likely to drop 0.01.
  
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Northrim BanCorp Company Total Asset Analysis

Northrim BanCorp's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Northrim BanCorp Total Asset

    
  2.81 B  
Most of Northrim BanCorp's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northrim BanCorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Northrim Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Northrim BanCorp is extremely important. It helps to project a fair market value of Northrim Stock properly, considering its historical fundamentals such as Total Asset. Since Northrim BanCorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Northrim BanCorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Northrim BanCorp's interrelated accounts and indicators.
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Northrim Total Asset Historical Pattern

Today, most investors in Northrim BanCorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Northrim BanCorp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Northrim BanCorp total asset as a starting point in their analysis.
   Northrim BanCorp Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Northrim Total Assets

Total Assets

2.95 Billion

At this time, Northrim BanCorp's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Northrim BanCorp has a Total Asset of 2.81 B. This is 98.86% lower than that of the Banks sector and significantly higher than that of the Financials industry. The total asset for all United States stocks is 90.47% higher than that of the company.

Northrim Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northrim BanCorp's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northrim BanCorp could also be used in its relative valuation, which is a method of valuing Northrim BanCorp by comparing valuation metrics of similar companies.
Northrim BanCorp is currently under evaluation in total asset category among its peers.

Northrim BanCorp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Northrim BanCorp from analyzing Northrim BanCorp's financial statements. These drivers represent accounts that assess Northrim BanCorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Northrim BanCorp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap256.9M215.7M268.6M314.6M320.5M336.5M
Enterprise Value194.9M137.3M(341.4M)89.5M235.4M247.2M

Northrim BanCorp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Northrim BanCorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Northrim BanCorp's managers, analysts, and investors.
Environmental
Governance
Social

Northrim BanCorp Institutional Holders

Institutional Holdings refers to the ownership stake in Northrim BanCorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Northrim BanCorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Northrim BanCorp's value.
Shares
Bridgeway Capital Management, Llc2024-09-30
60.5 K
Huber Capital Management Llc2024-09-30
49.4 K
Northern Trust Corp2024-09-30
49 K
Bank Of New York Mellon Corp2024-06-30
47.3 K
Zacks Investment Management Inc2024-09-30
44.2 K
Elizabeth Park Capital Advisors, Ltd2024-09-30
40.2 K
Franklin Resources Inc2024-09-30
38.8 K
Morgan Stanley - Brokerage Accounts2024-06-30
33.8 K
Renaissance Technologies Corp2024-09-30
32 K
Blackrock Inc2024-06-30
732.1 K
Dimensional Fund Advisors, Inc.2024-09-30
458.1 K

Northrim Fundamentals

About Northrim BanCorp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Northrim BanCorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northrim BanCorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northrim BanCorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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 Northrim BanCorp Piotroski F Score and Northrim BanCorp Altman Z Score analysis.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.