Does Northrim BanCorp (NRIM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Northrim (NRIM) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Does Northrim BanCorp (NRIM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Northrim (NRIM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Northrim (NRIM) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Northrim (NRIM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Northrim (NRIM) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Northrim (NRIM) possesses solid growth attributes, which could help it handily outperform the market.
Northrim BanCorp (NRIM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Northrim (NRIM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Northrim BanCorp (NRIM) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.39 per share a year ago.
Northrim BanCorp, Inc. remains a compelling Buy despite recent underperformance versus the market, supported by robust financial growth and strong asset quality. NRIM's balance sheet and income statement continue to expand, with rising deposits, diversified loan exposure, and impressive net interest margin improvements. The stock trades at a premium to book value but remains attractive on an earnings basis, with superior return on assets and equity compared to peers.