Lynn Wolfe - Northrim BanCorp Executive Officer

NRIM Stock  USD 88.50  3.42  4.02%   

Executive

Lynn Wolfe is Executive Officer of Northrim BanCorp
Address 3111 C Street, Anchorage, AK, United States, 99503
Phone907 562 0062
Webhttps://www.northrim.com

Northrim BanCorp Management Efficiency

The company has return on total asset (ROA) of 0.0114 % which means that it generated a profit of $0.0114 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1346 %, meaning that it created $0.1346 on every $100 dollars invested by stockholders. Northrim BanCorp's management efficiency ratios could be used to measure how well Northrim BanCorp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to 0.01. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Northrim BanCorp's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Non Current Assets Total is likely to grow to about 3.4 B, though Other Assets are likely to grow to (487.8 M).
Northrim BanCorp currently holds 33.08 M in liabilities with Debt to Equity (D/E) ratio of 0.12, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Northrim BanCorp's use of debt, we should always consider it together with its cash and equity.

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Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska. Northrim Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 451 people. Northrim BanCorp (NRIM) is traded on NASDAQ Exchange in USA. It is located in 3111 C Street, Anchorage, AK, United States, 99503 and employs 472 people. Northrim BanCorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Northrim BanCorp Leadership Team

Elected by the shareholders, the Northrim BanCorp's board of directors comprises two types of representatives: Northrim BanCorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Northrim. The board's role is to monitor Northrim BanCorp's management team and ensure that shareholders' interests are well served. Northrim BanCorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Northrim BanCorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Steve Aldrich, LLC Company
Nathan Reed, Executive Officer
Benjamin Craig, Executive Vice President CIO
Michael Huston, Executive Vice President and Chief Lending Officer
Jed CPA, Executive CFO
Joseph Schierhorn, COO, Director, CEO of Northrim Bank and President of Northrim Bank and Director of Northrim Bank
Lynn Wolfe, Executive Officer
Latosha Frye, CFO, Executive VP, CFO of Northrim Bank and Executive VP of Northrim Bank
Kelly LykinsLonglet, VP Bank
Jason Criqui, Executive Officer
Amber Zins, Executive Bank
Latosha CPA, Senior Manager
Michael Baldwin, LLC Mortgage
Mark Edwards, Chief VP
Kari Skinner, Senior Director
Caroline Huntley, Marketing Officer

Northrim Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Northrim BanCorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Northrim BanCorp is a strong investment it is important to analyze Northrim BanCorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northrim BanCorp's future performance. For an informed investment choice regarding Northrim Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim BanCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrim BanCorp. If investors know Northrim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrim BanCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.061
Dividend Share
2.46
Earnings Share
5.86
Revenue Per Share
25.726
Quarterly Revenue Growth
0.157
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.