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NRIM vs. UNTY
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

NRIM vs. UNTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northrim BanCorp, Inc. (NRIM) and Unity Bancorp, Inc. (UNTY). The values are adjusted to include any dividend payments, if applicable.

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NRIM vs. UNTY - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NRIM
Northrim BanCorp, Inc.
-13.45%40.49%41.92%10.39%30.72%32.47%-7.18%20.60%-0.26%10.12%
UNTY
Unity Bancorp, Inc.
0.52%20.07%49.81%10.35%5.75%51.89%-20.60%10.33%6.38%27.43%

Fundamentals

Market Cap

NRIM:

$515.56M

UNTY:

$528.41M

EPS

NRIM:

$2.87

UNTY:

$5.67

PE Ratio

NRIM:

7.96

UNTY:

9.13

PEG Ratio

NRIM:

0.83

UNTY:

0.63

PS Ratio

NRIM:

2.27

UNTY:

3.05

PB Ratio

NRIM:

1.58

UNTY:

1.53

Total Revenue (TTM)

NRIM:

$226.25M

UNTY:

$173.63M

Gross Profit (TTM)

NRIM:

$145.82M

UNTY:

$94.60M

EBITDA (TTM)

NRIM:

$86.86M

UNTY:

$57.52M

Returns By Period

In the year-to-date period, NRIM achieves a -13.45% return, which is significantly lower than UNTY's 0.52% return. Both investments have delivered pretty close results over the past 10 years, with NRIM having a 18.85% annualized return and UNTY not far ahead at 19.32%.


NRIM

1D
0.84%
1M
-1.95%
YTD
-13.45%
6M
6.96%
1Y
28.36%
3Y*
29.62%
5Y*
20.53%
10Y*
18.85%

UNTY

1D
0.62%
1M
-2.26%
YTD
0.52%
6M
6.69%
1Y
28.90%
3Y*
33.51%
5Y*
21.01%
10Y*
19.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

NRIM vs. UNTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NRIM
NRIM Risk / Return Rank: 6565
Overall Rank
NRIM Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
NRIM Sortino Ratio Rank: 6161
Sortino Ratio Rank
NRIM Omega Ratio Rank: 6363
Omega Ratio Rank
NRIM Calmar Ratio Rank: 6666
Calmar Ratio Rank
NRIM Martin Ratio Rank: 6565
Martin Ratio Rank

UNTY
UNTY Risk / Return Rank: 7070
Overall Rank
UNTY Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
UNTY Sortino Ratio Rank: 6868
Sortino Ratio Rank
UNTY Omega Ratio Rank: 6565
Omega Ratio Rank
UNTY Calmar Ratio Rank: 7474
Calmar Ratio Rank
UNTY Martin Ratio Rank: 7272
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NRIM vs. UNTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northrim BanCorp, Inc. (NRIM) and Unity Bancorp, Inc. (UNTY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


NRIMUNTYDifference

Sharpe ratio

Return per unit of total volatility

0.79

0.95

-0.16

Sortino ratio

Return per unit of downside risk

1.18

1.47

-0.29

Omega ratio

Gain probability vs. loss probability

1.17

1.18

-0.01

Calmar ratio

Return relative to maximum drawdown

1.14

1.68

-0.55

Martin ratio

Return relative to average drawdown

2.58

3.86

-1.28

NRIM vs. UNTY - Sharpe Ratio Comparison

The current NRIM Sharpe Ratio is 0.79, which is comparable to the UNTY Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of NRIM and UNTY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NRIMUNTYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.79

0.95

-0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.62

0.71

-0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.46

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.28

0.15

+0.12

Correlation

The correlation between NRIM and UNTY is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

NRIM vs. UNTY - Dividend Comparison

NRIM's dividend yield for the trailing twelve months is around 2.80%, more than UNTY's 1.16% yield.


TTM20252024202320222021202020192018201720162015
NRIM
Northrim BanCorp, Inc.
2.80%2.41%3.16%4.20%3.34%3.45%4.06%3.29%3.10%2.54%2.47%2.78%
UNTY
Unity Bancorp, Inc.
1.16%1.12%1.19%1.62%1.57%1.37%1.82%1.37%1.30%1.16%1.07%1.12%

Drawdowns

NRIM vs. UNTY - Drawdown Comparison

The maximum NRIM drawdown since its inception was -74.58%, smaller than the maximum UNTY drawdown of -88.69%. Use the drawdown chart below to compare losses from any high point for NRIM and UNTY.


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Drawdown Indicators


NRIMUNTYDifference

Max Drawdown

Largest peak-to-trough decline

-74.58%

-88.69%

+14.11%

Max Drawdown (1Y)

Largest decline over 1 year

-24.94%

-16.10%

-8.84%

Max Drawdown (5Y)

Largest decline over 5 years

-37.20%

-30.94%

-6.26%

Max Drawdown (10Y)

Largest decline over 10 years

-54.04%

-59.97%

+5.93%

Current Drawdown

Current decline from peak

-22.61%

-7.74%

-14.87%

Average Drawdown

Average peak-to-trough decline

-17.31%

-35.23%

+17.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.96%

7.01%

+3.95%

Volatility

NRIM vs. UNTY - Volatility Comparison

Northrim BanCorp, Inc. (NRIM) has a higher volatility of 6.64% compared to Unity Bancorp, Inc. (UNTY) at 5.08%. This indicates that NRIM's price experiences larger fluctuations and is considered to be riskier than UNTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NRIMUNTYDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.64%

5.08%

+1.56%

Volatility (6M)

Calculated over the trailing 6-month period

29.17%

20.66%

+8.51%

Volatility (1Y)

Calculated over the trailing 1-year period

36.20%

30.67%

+5.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

33.42%

29.92%

+3.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.37%

42.43%

-5.06%

Financials

NRIM vs. UNTY - Financials Comparison

This section allows you to compare key financial metrics between Northrim BanCorp, Inc. and Unity Bancorp, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


20.00M30.00M40.00M50.00M60.00MAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
46.04M
17.49M
(NRIM) Total Revenue
(UNTY) Total Revenue
Values in USD except per share items

NRIM vs. UNTY - Profitability Comparison

The chart below illustrates the profitability comparison between Northrim BanCorp, Inc. and Unity Bancorp, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober00
Portfolio components
NRIM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Northrim BanCorp, Inc. reported a gross profit of 0.00 and revenue of 46.04M. Therefore, the gross margin over that period was 0.0%.

UNTY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Unity Bancorp, Inc. reported a gross profit of 0.00 and revenue of 17.49M. Therefore, the gross margin over that period was 0.0%.

NRIM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Northrim BanCorp, Inc. reported an operating income of 16.28M and revenue of 46.04M, resulting in an operating margin of 35.4%.

UNTY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Unity Bancorp, Inc. reported an operating income of 0.00 and revenue of 17.49M, resulting in an operating margin of 0.0%.

NRIM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Northrim BanCorp, Inc. reported a net income of 12.44M and revenue of 46.04M, resulting in a net margin of 27.0%.

UNTY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Unity Bancorp, Inc. reported a net income of 15.47M and revenue of 17.49M, resulting in a net margin of 88.5%.