Northrim BanCorp, Inc. (Nasdaq: NRIM) is a reputable bank holding company that provides a comprehensive range of financial services to commercial and consumer clients through its subsidiary, Northrim Bank. With USD 2.8 billion in assets and 19 branches located in Alaska, Northrim Bank has established itself as a reliable financial institution in its local communities.
Comps: HomeTrust Bancshares, Inc. (Nasdaq:HTBI), BCB Bancorp, Inc. (Nasdaq:BCBP)
Compared to other banking firms, Northrim BanCorp boasts impressive earnings per share of 5.3 and yield of 5.3%. With a minimal price-to-earnings ratio and higher profit margin and return-on-equity compared to HomeTrust Bancshares, Northrim offers investors strong fundamentals and significant income potential.