NRIM
Northrim BanCorp Inc
Price:  
71.31 
USD
Volume:  
18,900.00
United States | Banks
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NRIM Fair Value

-39.86 %
Upside

As of 2024-07-27, the Fair Value of Northrim BanCorp Inc (NRIM) is 42.88 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 71.31 USD, the upside of Northrim BanCorp Inc is -39.86%.

71.31 USD
Stock Price
42.88 USD
Fair Price
FAIR VALUE CALCULATION

NRIM Fair Value

Peter Lynch's formula is:

NRIM Fair Value
= Earnings Growth Rate x TTM EPS
NRIM Fair Value
= 8.20 x 5.23
NRIM Fair Value
= 42.88

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 20.70 32.90 37.50 30.70 25.39 29.44
YoY growth 3.50% 58.94% 13.98% -18.13% -17.28% 8.20%

NRIM Fair Value - Key Data

Market Cap (mil) 392.20
P/E 13.64x
Forward P/E 15.29x
EPS 5.23
Avg earnings growth rate 8.20%
TTM earnings 28.76