Northrim BanCorp Trading Up 0.9 %
Northrim BanCorp stock opened at $54.56 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.75 and a current ratio of 0.77. The business’s 50-day simple moving average is $45.49 and its 200-day simple moving average is $42.34. The firm has a market capitalization of $310.17 million, a PE ratio of 10.70 and a beta of 0.66. Northrim BanCorp has a 52 week low of $38.42 and a 52 week high of $54.85.
Insider Activity at Northrim BanCorp
In other news, Director David W. Karp purchased 500 shares of the stock in a transaction that occurred on Wednesday, November 16th. The shares were purchased at an average cost of $53.57 per share, for a total transaction of $26,785.00. Following the completion of the purchase, the director now directly owns 10,186 shares of the company’s stock, valued at approximately $545,664.02. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 3.50% of the company’s stock.
Hedge Funds Weigh In On Northrim BanCorp
About Northrim BanCorp
Northrim BanCorp, Inc operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts.
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