Northrim BanCorp, Inc. (NRIM) vs Unity Bancorp, Inc. (UNTY)
A side-by-side comparison of Northrim BanCorp, Inc. and Unity 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 — NRIM vs UNTY
growth of $100 · dividends reinvested · last 10yNRIM vs UNTY: by the numbers
- •UNTY is the larger company ($554M vs $548M market cap).
- •NRIM trades at the lower trailing earnings multiple (8.11 vs 9.59 P/E), one valuation lens rather than an overall verdict.
- •UNTY converts more revenue to profit (27.99% vs 27.52% net margin).
- •UNTY grew revenue faster over the past five years (17.49% vs 10.58% CAGR).
- •NRIM pays the higher dividend yield (2.61% vs 1.16%).
Metrics side by side
Valuation
| Metric | NRIM | UNTY |
|---|---|---|
| P/E ratio | 8.11 | 9.59 |
| Forward P/E | 9.30 | 9.43 |
| PEG ratio | 0.46 | 0.46 |
| P/S ratio | 2.20 | 2.64 |
| P/B ratio | 1.58 | 1.49 |
Profitability
| Metric | NRIM | UNTY |
|---|---|---|
| Operating margin | 36.54% | 37.00% |
| Net margin | 27.52% | 27.99% |
| ROE | 19.71% | 15.77% |
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.
Unity 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 | NRIM | UNTY |
|---|---|---|
| Dividend yield | 2.61% | 1.16% |
| Payout ratio | 21.38% | 11.13% |
Growth (annualized)
| Metric | NRIM | UNTY |
|---|---|---|
| Revenue CAGR (5Y) | 10.58% | 17.49% |
| EPS CAGR (5Y) | 17.66% | 21.20% |
| Total return CAGR (5Y) | 21.72% | 20.32% |
Frequently asked
- Which has the lower trailing P/E, NRIM or UNTY?
- NRIM has the lower trailing P/E: NRIM trades at 8.11 and UNTY at 9.59. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, NRIM or UNTY?
- Over the past five years, UNTY grew revenue faster — NRIM at a 10.58% CAGR versus UNTY at 17.49%.
- Does NRIM or UNTY pay a bigger dividend?
- NRIM yields 2.61% and UNTY yields 1.16% based on trailing dividends and the latest price.
- Is NRIM or UNTY more profitable?
- UNTY runs the higher net margin — NRIM at 27.52% versus UNTY at 27.99%.
- How have NRIM and UNTY total returns compared?
- Over the past 10 years, NRIM delivered 18.61% and UNTY delivered 18.14% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Northrim BanCorp & Unity 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.