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Northrim BanCorp (Northrim BanCorp) Median PS Value

: $49.74 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Northrim BanCorp's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $22.919. Northrim BanCorp's 10-Year median PS Ratio is 2.1703. Therefore, the Median PS Value for today is $49.74.

As of today (2024-04-19), Northrim BanCorp's share price is $45.26. Northrim BanCorp's Median PS Value is $49.74. Therefore, Northrim BanCorp's Price to Median PS Value for today is 0.91.

The historical rank and industry rank for Northrim BanCorp's Median PS Value or its related term are showing as below:

NRIM' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.65   Med: 1.01   Max: 1.15
Current: 0.91

During the past 13 years, the highest Price to Median PS Value of Northrim BanCorp was 1.15. The lowest was 0.65. And the median was 1.01.

NRIM's Price-to-Median-PS-Value is ranked worse than
58.64% of 955 companies
in the Banks industry
Industry Median: 0.84 vs NRIM: 0.91

Northrim BanCorp Median PS Value Historical Data

The historical data trend for Northrim BanCorp's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northrim BanCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.36 52.13 53.18 51.01 49.74

Northrim BanCorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.01 50.69 50.79 50.03 49.74

Competitive Comparison

For the Banks - Regional subindustry, Northrim BanCorp's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northrim BanCorp Price-to-Median-PS-Value Distribution

For the Banks industry and Financial Services sector, Northrim BanCorp's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Northrim BanCorp's Price-to-Median-PS-Value falls into.



Northrim BanCorp Median PS Value Calculation

Northrim BanCorp's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=22.919*2.1703
=49.74

10-Year Median PS Ratio is 2.1703.
Northrim BanCorp's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.919.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northrim BanCorp  (NAS:NRIM) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Northrim BanCorp's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=45.26/49.74
=0.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northrim BanCorp Median PS Value Related Terms

Thank you for viewing the detailed overview of Northrim BanCorp's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Northrim BanCorp (Northrim BanCorp) Business Description

Traded in Other Exchanges
Address
3111 C Street, Anchorage, AK, USA, 99503
Northrim BanCorp Inc is a bank holding company. The company operates in two segments: Community Banking and Home Mortgage Lending. It generates maximum revenue from the Community Banking segment. It offers to spend and save products such as checking, savings, money market accounts, debit cards, cashback rewards, and credit cards. It also includes loans and credit lines, mortgage loans, investment, and plan products.
Executives
Linda C Thomas director P.O. BOX 20905, JUNEAU AK 99802
Murphy Krystal Nelson director 3111 C STREET, ANCHORAGE AK 99503
Marilyn Romano director 3111 C STREET, ANCHORAGE AK 99503
Aaron Michael Schutt director 3111 C STREET, ANCHORAGE AK 99503
Joseph Marushack director 3111 C STREET, ANCHORAGE AK 99503
David G Wight director 3111 C STREET, ANCHORAGE AK 99503
John C Swalling director NORTHRIM BANCORP INC, PO BOX 241489, ANCHORAGE AK 99524-1489
David W Karp director 4731 BLUE HERON CIRCLE, ANCHORAGE AK 99507
David J Mccambridge director 3111 C STREET, ANCHORAGE AK 99503
Joseph M Schierhorn officer: EVP, CFO NORTHRIM BANCORP, INC., P.O. BOX 241489, ANCHORAGE AL 99524-1489
Jed W Ballard officer: EVP, CFO 3111 C STREET, ANCHORAGE AK 99503
Larry S Cash director NORTHRIM BANCORPINC, PO BOX 241489, ANCHORAGE AK 99524-1489
Karl L Hanneman director 506 GAFFNEY ROAD, SUITE 200, FAIRBANKS AK 99701
Anthony Drabek director NORTHRIM BANCORP, INC., P.O. BOX 241489, ANCHORAGE AL 99524-1489
Michael A Martin officer: EVP, Gen Counsel & Corp Sec 3111 C STREET, ANCHORAGE AK 99503

Northrim BanCorp (Northrim BanCorp) Headlines