Northrim BanCorp (Northrim BanCorp) Price-to-Tangible-Book

: 1.30 (As of Today)

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As of today (2024-04-19), Northrim BanCorp's share price is $46.39. Northrim BanCorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $35.59. Hence, Northrim BanCorp's Price to Tangible Book Ratio of today is 1.30.

The historical rank and industry rank for Northrim BanCorp's Price-to-Tangible-Book or its related term are showing as below:

NRIM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.12 Med: 1.31 Max: 1.73
Current: 1.3

During the past 13 years, Northrim BanCorp's highest Price to Tangible Book Ratio was 1.73. The lowest was 1.12. And the median was 1.31.

NRIM's Price-to-Tangible-Book is ranked worse than
72% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs NRIM: 1.30

A closely related ratio is called PB Ratio. As of today, Northrim BanCorp's share price is $46.39. Northrim BanCorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $42.57. Hence, Northrim BanCorp's P/B Ratio of today is 1.09.

Northrim BanCorp Price-to-Tangible-Book Historical Data

The historical data trend for Northrim BanCorp's Price-to-Tangible-Book 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

Price-to-Tangible-Book

1.45

1.12

1.28

1.73

1.61

Northrim BanCorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																1.73	1.41	1.18	1.16	1.61

Competitive Comparison

For the Banks - Regional subindustry, Northrim BanCorp's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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-Tangible-Book Distribution

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

* The bar in red indicates where Northrim BanCorp's Price-to-Tangible-Book falls into.

Northrim BanCorp Price-to-Tangible-Book Calculation

Northrim BanCorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	46.39	/	35.594
	=	1.30

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Northrim BanCorp Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Northrim BanCorp's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Northrim BanCorp (Northrim BanCorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northrim BanCorp Inc (NAS:NRIM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NRI:Germany

Address

3111 C Street, Anchorage, AK, USA, 99503

Website

https://www.northrim.com

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