Bankwell Financial Group, Inc. (BWFG) vs Northrim BanCorp, Inc. (NRIM)
A side-by-side comparison of Bankwell Financial Group, Inc. and Northrim BanCorp, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — BWFG vs NRIM
growth of $100 · dividends reinvested · last 10yBWFG vs NRIM: by the numbers
- •NRIM is the larger company ($548M vs $525M market cap).
- •NRIM trades at the lower trailing earnings multiple (8.11 vs 12.26 P/E), one valuation lens rather than an overall verdict.
- •NRIM converts more revenue to profit (27.52% vs 19.78% net margin).
- •BWFG grew revenue faster over the past five years (21.58% vs 10.58% CAGR).
- •NRIM pays the higher dividend yield (2.61% vs 1.21%).
Metrics side by side
Valuation
| Metric | BWFG | NRIM |
|---|---|---|
| P/E ratio | 12.26 | 8.11 |
| Forward P/E | 11.41 | 9.30 |
| PEG ratio | 0.29 | 0.46 |
| P/S ratio | 2.42 | 2.20 |
| P/B ratio | 1.62 | 1.58 |
Profitability
| Metric | BWFG | NRIM |
|---|---|---|
| Operating margin | 26.96% | 36.54% |
| Net margin | 19.78% | 27.52% |
| ROE | 13.25% | 19.71% |
Bankwell Financial Group, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Northrim BanCorp, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | BWFG | NRIM |
|---|---|---|
| Dividend yield | 1.21% | 2.61% |
| Payout ratio | 14.90% | 21.38% |
Growth (annualized)
| Metric | BWFG | NRIM |
|---|---|---|
| Revenue CAGR (5Y) | 21.58% | 10.58% |
| EPS CAGR (5Y) | 43.04% | 17.66% |
| Total return CAGR (5Y) | 20.07% | 21.72% |
Frequently asked
- Which has the lower trailing P/E, BWFG or NRIM?
- NRIM has the lower trailing P/E: BWFG trades at 12.26 and NRIM at 8.11. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BWFG or NRIM?
- Over the past five years, BWFG grew revenue faster — BWFG at a 21.58% CAGR versus NRIM at 10.58%.
- Does BWFG or NRIM pay a bigger dividend?
- BWFG yields 1.21% and NRIM yields 2.61% based on trailing dividends and the latest price.
- Is BWFG or NRIM more profitable?
- NRIM runs the higher net margin — BWFG at 19.78% versus NRIM at 27.52%.
- How have BWFG and NRIM total returns compared?
- Over the past 10 years, BWFG delivered 13.12% and NRIM delivered 18.61% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Bankwell Financial & Northrim BanCorp appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.