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.

Compare

Total return — NRIM vs UNTY

growth of $100 · dividends reinvested · last 10y
NRIM +456.9% (+18.7%/yr)UNTY +418.4% (+17.9%/yr)NRIM compounded faster over this window
200400600Start $10020182020202220242026$557$518
NRIM UNTY

NRIM 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

MetricNRIMUNTY
P/E ratio8.119.59
Forward P/E9.309.43
PEG ratio0.460.46
P/S ratio2.202.64
P/B ratio1.581.49

Profitability

MetricNRIMUNTY
Operating margin36.54%37.00%
Net margin27.52%27.99%
ROE19.71%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

MetricNRIMUNTY
Dividend yield2.61%1.16%
Payout ratio21.38%11.13%

Growth (annualized)

MetricNRIMUNTY
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.

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.