Northrim BanCorp Inc (NRIM) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, NRIM scores 64 out of 100, a letter grade of C, labeled "Roarable Hold — Fair / Balanced Risk-Reward." The Fundamental Cash Engine pillar scores 17 of 20, supported by ROIC of 19.8% and an FCF yield of 24.89%; for a prospective investor, this is the strongest pillar and suggests the business generates substantial cash relative to its market value. The Insider Conviction pillar scores 17 of 20, reflecting SEC Form 4 and Congressional PTR cluster flow; this indicates notable insider-side activity, though the source does not specify direction or size in detail. The Forensic Balance Sheet pillar scores 13 of 20, with Altman Z 2.5, Piotroski F 6/9, and Debt/Equity 0.5, a mid-range profile that is neither a distress signal nor a clean bill of health. The Macro Regime Fit pillar scores 10 of 20, with Beta of 1.0 and a sector-sensitivity factor, indicating the stock moves in line with the broader market and carries sector-level exposure. The Whale 13F Flow pillar scores 7 of 20, the weakest component, indicating institutional accumulation and options positioning provide limited support in the current data. Taken together, the upside drivers are cash generation and insider activity; the tradeoffs are a lower institutional signal and sector-linked macro exposure. The rating's "Balanced Risk-Reward" label reflects that the strengths and weaknesses roughly offset, and it is not a directional call.

Northrim BanCorp Inc (NRIM) is a NASDAQ-listed issuer in the Financials sector, Savings Institutions industry, per the profile. The source data does not describe its products, customer base, or revenue model beyond the sector and industry classification. Per the profile, its market capitalization is approximately $0.5B.

Per the SEC financials, revenue rose from $158.3M in FY 2023 to $255.6M in FY 2025, and net income rose from $25.4M to $64.6M over the same span. Per the market data, net margin is 25.3% and ROIC is 19.8%; gross and operating margins are reported as 0%, which the source does not explain. Per the Roarable RQD rating, the Altman Z-Score is 2.5, the Piotroski F-Score is 6 of 9, and Debt/Equity is 0.5. Operating income, EPS, cash, and debt are not reported in the SEC financials for any period.

The news wire contains six items, with mixed signals. Two items are flagged RISK WATCH (red): a report that Q3 results expose credit strain, and a report that a $7.7 million set-aside for credit losses reduced quarterly profit. A third report describes the stock sliding after Q3 earnings on margin pressure. On the positive side, shareholders of Northrim and PBCO Financial are reported to have approved the acquisition of PBCO, appearing in multiple outlets. A general market-wire piece asks whether investors are undervaluing the stock. Per the Butterfly Supply-Chain Graph, the supply chain is listed as NONE, with no butterfly links and no proprietary signals.

• What are the reported figures for cash, debt, operating income, and EPS in the SEC financials, which are currently N/A or zero?
• What is the size and scope of the $7.7 million credit-loss set-aside, and how does it bear on the credit-strain reports?
• What is the expected timing and financial impact of the PBCO Financial acquisition approved by shareholders?
• Why are gross and operating margins reported as 0%, and how should the 25.3% net margin be interpreted alongside them?
• What is the direction and size of the SEC Form 4 and Congressional PTR insider flow behind the Insider Conviction score?