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.
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.
Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Northrim BanCorp's Revenue for the
three
months ended in Jun. 2026 was €46.8 Mil. Northrim BanCorp's Total Assets for the quarter that ended in Jun. 2026 was €2,933.3 Mil. Therefore, Northrim BanCorp's Asset Turnover for the quarter that ended in Jun. 2026 was 0.02.
Asset Turnover is linked to ROE % through Du Pont Formula. Northrim BanCorp's annualizedROE % for the quarter that ended in Jun. 2026 was 17.99%. It is also linked to ROA % through Du Pont Formula. Northrim BanCorp's annualizedROA % for the quarter that ended in Jun. 2026 was 1.82%.
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.
* 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.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Northrim BanCorp's annulizedROA % for the quarter that ended in Jun. 2026 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.
* 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.
Be Aware
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Northrim BanCorp Asset Turnover Related Terms
Northrim BanCorp Asset Turnover Historical Data
* Premium members only.
The historical data trend for Northrim BanCorp's Asset Turnover 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.
FRA:NRI vs CIVB, NPB, KRNY: Asset Turnover Comparison
For the Banks - Regional subindustry, Northrim BanCorp's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Banks Industry
For the Banks industry and Financial Services sector, Northrim BanCorp's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Northrim BanCorp's Asset Turnover falls into.
* 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.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Northrim BanCorp (FRA:NRI) has a Asset Turnover of 0.02 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Northrim BanCorp and its competitors.
Is Northrim BanCorp's Asset Turnover too high?
Northrim BanCorp's current Asset Turnover is 0.02. 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 Asset Turnover compare to CIVB and NPB?
Northrim BanCorp's Asset Turnover of 0.02 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 Asset Turnover for a Banks company?
A good Asset Turnover depends on the Banks industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Northrim BanCorp and its competitors. Northrim BanCorp's current Asset Turnover is 0.02. 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 Asset Turnover of 0.02. 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 Asset Turnover is 0.02. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Northrim BanCorp (FRA:NRI), the current Asset Turnover is 0.02 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:
Asset Turnover: 0.02
GF Value™: €20.58 vs. price of €22.20 (7.9% above fair value)
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 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
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:NRI has been successfully added to your 
