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Northrim BanCorp (FRA:NRI) Price-to-Tangible-Book : 1.35 (As of May. 07, 2024)


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What is Northrim BanCorp Price-to-Tangible-Book?

As of today (2024-05-07), Northrim BanCorp's share price is €45.80. Northrim BanCorp's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €34.01. Hence, Northrim BanCorp's Price to Tangible Book Ratio of today is 1.35.

The historical rank and industry rank for Northrim BanCorp's Price-to-Tangible-Book or its related term are showing as below:

FRA:NRI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.12   Med: 1.31   Max: 1.73
Current: 1.31

During the past 13 years, Northrim BanCorp's highest Price to Tangible Book Ratio was 1.73. The lowest was 1.12. And the median was 1.31.

FRA:NRI's Price-to-Tangible-Book is ranked worse than
74.5% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs FRA:NRI: 1.31

A closely related ratio is called PB Ratio. As of today, Northrim BanCorp's share price is €45.80. Northrim BanCorp's Book Value per Sharefor the quarter that ended in Mar. 2024 was €40.04. Hence, Northrim BanCorp's P/B Ratio of today is 1.14.


Northrim BanCorp Price-to-Tangible-Book Historical Data

The historical data trend for Northrim BanCorp's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Northrim BanCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.27 1.71 1.62

Northrim BanCorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 1.35 1.15 1.15 1.62 1.37

Competitive Comparison of Northrim BanCorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, Northrim BanCorp's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Northrim BanCorp's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Northrim BanCorp's Price-to-Tangible-Book falls into.



Northrim BanCorp Price-to-Tangible-Book Calculation

Northrim BanCorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=45.80/34.01
=1.35

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Northrim BanCorp Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Northrim BanCorp's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Northrim BanCorp (FRA:NRI) Business Description

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.

Northrim BanCorp (FRA:NRI) Headlines

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