Northrim BanCorp Company Leadership
Northrim BanCorp employs about 503 people. The company is managed by 16 executives with a total tenure of roughly 32 years, averaging almost 2.0 years of service per executive, having 31.44 employees per reported executive. Analysis of Northrim BanCorp's management performance can provide insight into the firm performance.
| Joseph Schierhorn CEO COO, Director, CEO of Northrim Bank and President of Northrim Bank and Director of Northrim Bank |
| Benjamin Craig President Executive Vice President CIO |
Northrim |
Northrim BanCorp Management Team Effectiveness
The company has return on total asset (ROA) of 0.0126 % which means that it generated a profit of $0.0126 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1473 %, meaning that it created $0.1473 on every $100 dollars invested by stockholders. Northrim BanCorp's management efficiency ratios could be used to measure how well Northrim BanCorp manages its routine affairs as well as how well it operates its assets and liabilities.Northrim BanCorp Workforce Comparison
Northrim BanCorp is rated below average in number of employees category among its peers. The total workforce of Financials industry is now estimated at about 18,446. Northrim BanCorp holds roughly 503 in number of employees claiming about 2.73% of equities under Financials industry.
The company has Profit Margin (PM) of 0.24 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.33 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.33. Northrim BanCorp Insider Trading
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Northrim BanCorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Northrim BanCorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Northrim BanCorp insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Joseph Schierhorn over a week ago Disposition of 4707 shares by Joseph Schierhorn of Northrim BanCorp subject to Rule 16b-3 | ||
Michael Huston over a month ago Disposition of 1000 shares by Michael Huston of Northrim BanCorp at 31.45 subject to Rule 16b-3 | ||
Thomas Linda C over a month ago Acquisition by Thomas Linda C of tradable shares of Northrim BanCorp at 43.0 subject to Rule 16b-3 | ||
Ballard Jed W over two months ago Acquisition by Ballard Jed W of 902 shares of Northrim BanCorp at 50.51 subject to Rule 16b-3 | ||
Swalling John C over three months ago Disposition of 4520 shares by Swalling John C of Northrim BanCorp subject to Rule 16b-3 | ||
Hegna Shauna over three months ago Insider Trading | ||
Ballard Jed W over three months ago Disposition of 282 shares by Ballard Jed W of Northrim BanCorp at 85.07 subject to Rule 16b-3 | ||
Joseph Schierhorn over three months ago Disposition of 3830 shares by Joseph Schierhorn of Northrim BanCorp at 28.1 subject to Rule 16b-3 |
Northrim BanCorp Notable Stakeholders
A Northrim BanCorp stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Northrim BanCorp often face trade-offs trying to please all of them. Northrim BanCorp's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Northrim BanCorp's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Joseph Schierhorn | COO, Director, CEO of Northrim Bank and President of Northrim Bank and Director of Northrim Bank | Profile | |
| Benjamin Craig | Executive Vice President CIO | Profile | |
| Michael Huston | Executive Vice President and Chief Lending Officer | Profile | |
| Jed CPA | Executive CFO | Profile | |
| Latosha Frye | CFO, Executive VP, CFO of Northrim Bank and Executive VP of Northrim Bank | Profile | |
| Kari Skinner | Senior Director | Profile | |
| Steve Aldrich | LLC Company | Profile | |
| Nathan Reed | Executive Officer | Profile | |
| Lynn Wolfe | Executive Officer | Profile | |
| Kelly LykinsLonglet | VP Bank | Profile | |
| Jason Criqui | Executive Officer | Profile | |
| Amber Zins | Executive Bank | Profile | |
| Latosha CPA | Senior Manager | Profile | |
| Michael Baldwin | LLC Mortgage | Profile | |
| Mark Edwards | Chief VP | Profile | |
| Caroline Huntley | Marketing Officer | Profile |
About Northrim BanCorp Management Performance
The success or failure of an entity such as Northrim BanCorp often depends on how effective the management is. Northrim BanCorp management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Northrim management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Northrim management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska. Northrim Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 451 people.
Northrim BanCorp Workforce Analysis
Traditionally, organizations such as Northrim BanCorp use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Northrim BanCorp within its industry.Northrim BanCorp Manpower Efficiency
Return on Northrim BanCorp Manpower
| Revenue Per Employee | 308.6K | |
| Revenue Per Executive | 9.7M | |
| Net Income Per Employee | 73.5K | |
| Net Income Per Executive | 2.3M |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrim BanCorp. If investors know Northrim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrim BanCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.