Northrim BanCorp (FRA:NRI) Goodwill: €43.3 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:NRI Northrim BanCorp Inc FRA:NRI
72 GF Score
Price €22.20
GF Value €20.58
! 4 Warning Signs
View Full Analysis

What is Northrim BanCorp Goodwill?

Northrim BanCorp FRA:NRI +2.78% 72 Goodwill is €43.3 Mil as of Jun. 2026. GuruFocus rates FRA:NRI with a GF Score™ of 72/100 and a GF Value™ of €20.58. The stock has 4 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Northrim BanCorp's goodwill for the quarter that ended in Jun. 2026 was €43.3 Mil.


Northrim BanCorp  (FRA:NRI) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Northrim BanCorp's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=42.592/2809.893
=0.02

Northrim BanCorp's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill-to-Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=43.291/2964.555
=0.01

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Northrim BanCorp Goodwill Related Terms


Northrim BanCorp Goodwill Historical Data

* Premium members only.

The historical data trend for Northrim BanCorp's Goodwill 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.

Northrim BanCorp Goodwill Chart

Northrim BanCorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.29 14.18 13.77 47.77 42.59

Northrim BanCorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Goodwill Get a 7-Day Free Trial 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 43.24 42.49 42.59 43.14 43.29
FRA:NRI
72GF Score
Northrim BanCorp Inc FRA:NRI
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northrim BanCorp Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of €43.3 Mil mean?
Northrim BanCorp (FRA:NRI) has a Goodwill of €43.3 Mil as of Jun. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Northrim BanCorp and its competitors.
Is Northrim BanCorp's Goodwill too high?
Northrim BanCorp's current Goodwill is €43.3 Mil. Overall, Northrim BanCorp has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Northrim BanCorp's Goodwill compare to CIVB and NPB?
Northrim BanCorp's Goodwill of €43.3 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Banks company?
A good Goodwill depends on the Banks industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Northrim BanCorp and its competitors. Northrim BanCorp's current Goodwill is €43.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northrim BanCorp stock overvalued right now?
Northrim BanCorp (FRA:NRI) has a current Goodwill of €43.3 Mil. The stock's GF Value™ is €20.58, compared to a current price of €22.20 — trading 7.9% above its estimated fair value. The current Goodwill is €43.3 Mil. Northrim BanCorp's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Northrim BanCorp (FRA:NRI), the current Goodwill is €43.3 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northrim BanCorp (FRA:NRI) Overvalued in 2026?

Based on GuruFocus' analysis, Northrim BanCorp stock appears to be overvalued. The current stock price of €22.20 is trading 7.9% above its estimated GF Value™ of €20.58.

Key valuation signals for FRA:NRI:

  • Goodwill: €43.3 Mil
  • GF Value™: €20.58 vs. price of €22.20 (7.9% above fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the FRA:NRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northrim BanCorp Business Description

Other Exchanges NRIM:USA
Address 3111 C Street, Anchorage, AK, USA, 99503
Northrim BanCorp Inc is a bank holding company operating through three reportable segments: Community Banking, Home Mortgage Lending, and Specialty Finance. The Community Banking segment, which generates the majority of revenue, provides loan and deposit products to business and consumer customers in its market areas. The Home Mortgage Lending segment focuses on the origination and sale of mortgage loans for one-to-four family residential properties, mortgage loan servicing for certain loans sold, and investment in selected residential mortgage loans. The Specialty Finance segment provides factoring, asset-based lending, and alternative working capital solutions to small and medium-sized enterprises and includes SCF and Northrim Funding Services.
72GF Score

Get the complete analysis for FRA:NRI

Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€22.20
Price
€20.58
GF Value