NRIM (NRIM)

$24.24 -1.66% on the day Market cap $539M 52-week range $19.60 to $30.82 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Free cash flow growth the price needs
-17% a year for 10 years

At a market value of $539M, NRIM's free cash flow of $134M (fiscal 2025) would need to grow about -17% a year for the stock to be worth today's price. That is slower than the company has grown its free cash flow over the last 9 years.

Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from NRIM's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.

Implied by the price-17.3% a year
Free cash flow, last 9 years25.9% a year
Revenue, same period51.0% a year
Price to free cash flow4.0x

Fundamental grade

B

Five factors scored 1 to 9 from NRIM's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation7
Profitability7
Growth6
Financial health1
Cash efficiency9

Results from SEC filings

Fiscal years, from NRIM's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20212022202320242025
Revenue$133M$134M$158M$196M$256M
Net income$38M$31M$25M$37M$65M
Free cash flow$109M$74M$32M-$9M$134M
EPS (diluted)$1.50$1.32$1.12$1.66$2.87
Operating margin—————

Where the revenue comes from

Revenue by segments, fiscal 2025. Every breakdown, year by year.

Community Banking$184M72%
Home Mortgage Lending$43M17%
Specialty Finance$29M11%

Superinvestors who own NRIM

From each investor's latest 13F filing (what a 13F shows). 1 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Cliff Asness
AQR Capital Management
Added $4M0.00%Q2 2026

Insider buying

Open-market purchases by NRIM's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

DateInsiderSharesPriceValue
Sep 8, 2026 Linda C Thomas
Director
1,200$26.20$31,440

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does NRIM's stock price imply?

At a market value of $539M, NRIM would need its free cash flow to grow about -17% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 9 years its free cash flow grew 26% a year.

Are NRIM insiders buying the stock?

1 open-market insider purchase of NRIM in the last 12 months, from SEC Form 4 filings.

Which superinvestors own NRIM?

1 of the superinvestors Investingly tracks hold NRIM in their latest 13F, including Cliff Asness.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.