Northrim BanCorp: Solid Fundamentals, But The Stock Price Is Nearing Its Limit

Summary

  • Northrim BanCorp, Inc. benefits from the impact of rising interest rates.
  • The stellar Balance Sheet helps the company grow while staying conservative.
  • Well-covered dividends continue to increase.
  • The stock price has been in a sharp uptrend, reaching its maximum.

Business people signing a contract.

VioletaStoimenova

Northrim BanCorp, Inc. (NASDAQ:NRIM) continues to thwart the potential risks of macroeconomic changes. Revenues and margins increase as NRIM reaps the reward of its interest-sensitive assets. Despite this, NRIM maintains a conservative approach to growth. Indeed, it is a robust and secure company

Interest Income And Interest Expense

Interest Income And Interest Expense (MarketWatch)

Operating Margin

Operating Margin (MarketWatch)

Inflation Rate, Interest Rate, And Mortgage Rate

Inflation Rate, Interest Rate, And Mortgage Rate (Barron's, Forbes, And Author Estimation)

Loans, Deposits, And Loan-To-Deposit Ratio

Loans, Deposits, And Loan-To-Deposit Ratio (MarketWatch)

Cash And Investments And Borrowings

Cash And Investments And Borrowings (MarketWatch)

This article was written by

Full-time equity analyst/Part-time Investor. Having adequate knowledge and reliable information can help in your investment decisions. Stock market success is possible as long as one is willing to study, risk, and learn.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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