B+
Bull case
25%
Probability
Target price
$29.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
NRIM
Northrim BanCorpBNasdaq / Banks
Last Price
Quote time unavailable
Current thesis
Record third-quarter net interest income of $38.9 million, a 5.02% tax-equivalent margin and 5% sequential deposit growth support underlying earnings capacity if the identified credit loss proves contained. Shareholder approval also advances the PBCO transaction.
Posture
Constructive
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta -0.2.
What can break
Further losses in the Specialty Finance relationship, or evidence that credit deterioration extends beyond it. [#SEC-8K-2026-10-15]
Momentum
34
Value
64
Sentiment
55
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $24.00 · Bull $29.00 · Bear $19.00Analysis 2026-10-23; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-26 • Vendor: Data Vendor v1
Scores
As of 2026-10-26 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-23 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-26
Investment thesis
As of 2026-10-26
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-26. Definitions
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $28.33
Why
Momentum34 · Δ7d -3.1
Value64 · Δ7d -0.2
Sentiment55 · Δ7d +2.0
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Value remains the lead driver in the composite, 7D delta -0.2.
Contradictions & invalidation
- • Further losses in the Specialty Finance relationship, or evidence that credit deterioration extends beyond it. [#SEC-8K-2026-10-15]
- • PBCO regulatory or closing delays, integration costs and dilution from the all-stock consideration; shareholder approval is not completion. [#8-K-2026-10-22][#10-Q-2026-07-31]
- • Adjusted third-quarter EPS of $0.60 missed Zacks consensus of $0.71, while the Specialty Finance provision reduced reported profit.
Catalyst clock
2026-10-22
PBCO merger clears shareholder votes
Lead driver: Value · See fundamentals
Momentum
34
8% active weight
Current posture
7d trendFlat
Δ7d
-3.1
Δ21d
-6.0
Value
64
47% active weight
Current posture
7d trendFlat
Δ7d
-0.2
Δ21d
+0.1
Sentiment
55
45% active weight
Current posture
7d trendImproving
Δ7d
+2.0
Δ21d
-30.7
Why this grade
Composite grade B. Momentum 34.2 / Value 64.2 / Sentiment 54.6
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-23. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$24.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$19.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-26
Fundamentals (TTM)
As of 2026-10-26
Market Cap
$528.09M
Beta
0.97
Shares Out
22.24M
P/E (TTM)
9.7
P/S (TTM)
2.91
P/FCF (TTM)
4.83
Rev YoY
+3.7%
EPS YoY
+29.7%
Gross Margin
-
Op Margin
+34.8%
Net Debt
$51.63M
Current Ratio
0.13
As of 2026-10-26 • Updated nightlySource: Internal modelMethods & Data