What Defines a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Northrim BanCorp (NASDAQ:NRIM) reported its Q4 earnings results on Friday, January 28, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Northrim BanCorp (NASDAQ:NRIM) reported quarterly earnings of $1.31 per share. This is a 17.61 percent decrease over earnings of $1.59 per share from the same period last year.
Northrim BanCorp (NASDAQ:NRIM) reported quarterly earnings of $1.42 per share. This is a 22.83 percent decrease over earnings of $1.84 per share from the same period last year. The company reported $20.43 million in
On August 27, 2021, Northrim BanCorp (NASDAQ:NRIM) declared a dividend payable on September 17, 2021 to its shareholders. Northrim BanCorp also announced that shareholders on the company's books on or before September 9, 2021 are entitled to the dividend.
Shares of Northrim BanCorp (NASDAQ:NRIM) were flat in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 12.50% over the past year to $1.33, which beat the estimate of $1.10.
Northrim BanCorp (NASDAQ:NRIM) reported quarterly earnings of $1.33 per share. This is a 12.5 percent decrease over earnings of $1.52 per share from the same period last year.