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Northrim BanCorp (Northrim BanCorp) Cyclically Adjusted Revenue per Share : $19.59 (As of Dec. 2023)


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What is Northrim BanCorp Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Northrim BanCorp's adjusted revenue per share for the three months ended in Dec. 2023 was $5.953. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $19.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Northrim BanCorp's average Cyclically Adjusted Revenue Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Northrim BanCorp was 13.30% per year. The lowest was 2.70% per year. And the median was 7.65% per year.

As of today (2024-04-27), Northrim BanCorp's current stock price is $49.02. Northrim BanCorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $19.59. Northrim BanCorp's Cyclically Adjusted PS Ratio of today is 2.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Northrim BanCorp was 3.95. The lowest was 1.62. And the median was 2.92.


Northrim BanCorp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Northrim BanCorp's Cyclically Adjusted Revenue per Share 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.

* Premium members only.

Northrim BanCorp Cyclically Adjusted Revenue per Share Chart

Northrim BanCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.23 13.48 15.60 17.78 19.59

Northrim BanCorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.78 18.34 18.83 19.33 19.59

Competitive Comparison of Northrim BanCorp's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Northrim BanCorp's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Northrim BanCorp's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Northrim BanCorp's Cyclically Adjusted PS Ratio falls into.



Northrim BanCorp Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Northrim BanCorp's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.953/129.4194*129.4194
=5.953

Current CPI (Dec. 2023) = 129.4194.

Northrim BanCorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.097 99.695 2.722
201406 2.449 100.560 3.152
201409 2.442 100.428 3.147
201412 2.980 99.070 3.893
201503 3.487 99.621 4.530
201506 3.710 100.684 4.769
201509 3.897 100.392 5.024
201512 3.517 99.792 4.561
201603 3.342 100.470 4.305
201606 3.723 101.688 4.738
201609 3.750 101.861 4.765
201612 3.467 101.863 4.405
201703 3.251 102.862 4.090
201706 3.430 103.349 4.295
201709 3.496 104.136 4.345
201712 3.252 104.011 4.046
201803 3.118 105.290 3.833
201806 3.340 106.317 4.066
201809 3.503 106.507 4.257
201812 3.413 105.998 4.167
201903 3.337 107.251 4.027
201906 3.701 108.070 4.432
201909 3.997 108.329 4.775
201912 3.933 108.420 4.695
202003 3.372 108.902 4.007
202006 5.433 108.767 6.465
202009 6.225 109.815 7.336
202012 5.847 109.897 6.886
202103 5.638 111.754 6.529
202106 5.309 114.631 5.994
202109 5.281 115.734 5.905
202112 5.068 117.630 5.576
202203 5.024 121.301 5.360
202206 5.170 125.017 5.352
202209 6.095 125.227 6.299
202212 5.901 125.222 6.099
202303 5.201 127.348 5.286
202306 5.658 128.729 5.688
202309 6.107 129.860 6.086
202312 5.953 129.419 5.953

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Northrim BanCorp  (NAS:NRIM) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Northrim BanCorp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=49.02/19.59
=2.50

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Northrim BanCorp was 3.95. The lowest was 1.62. And the median was 2.92.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Northrim BanCorp Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Northrim BanCorp's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Northrim BanCorp (Northrim BanCorp) Business Description

Industry
Traded in Other Exchanges
Address
3111 C Street, Anchorage, AK, USA, 99503
Northrim BanCorp Inc is a bank holding company. The company operates in two segments: Community Banking and Home Mortgage Lending. It generates maximum revenue from the Community Banking segment. It offers to spend and save products such as checking, savings, money market accounts, debit cards, cashback rewards, and credit cards. It also includes loans and credit lines, mortgage loans, investment, and plan products.
Executives
Linda C Thomas director P.O. BOX 20905, JUNEAU AK 99802
Murphy Krystal Nelson director 3111 C STREET, ANCHORAGE AK 99503
Marilyn Romano director 3111 C STREET, ANCHORAGE AK 99503
Aaron Michael Schutt director 3111 C STREET, ANCHORAGE AK 99503
Joseph Marushack director 3111 C STREET, ANCHORAGE AK 99503
David G Wight director 3111 C STREET, ANCHORAGE AK 99503
John C Swalling director NORTHRIM BANCORP INC, PO BOX 241489, ANCHORAGE AK 99524-1489
David W Karp director 4731 BLUE HERON CIRCLE, ANCHORAGE AK 99507
David J Mccambridge director 3111 C STREET, ANCHORAGE AK 99503
Joseph M Schierhorn officer: EVP, CFO NORTHRIM BANCORP, INC., P.O. BOX 241489, ANCHORAGE AL 99524-1489
Jed W Ballard officer: EVP, CFO 3111 C STREET, ANCHORAGE AK 99503
Larry S Cash director NORTHRIM BANCORPINC, PO BOX 241489, ANCHORAGE AK 99524-1489
Karl L Hanneman director 506 GAFFNEY ROAD, SUITE 200, FAIRBANKS AK 99701
Anthony Drabek director NORTHRIM BANCORP, INC., P.O. BOX 241489, ANCHORAGE AL 99524-1489
Michael A Martin officer: EVP, Gen Counsel & Corp Sec 3111 C STREET, ANCHORAGE AK 99503