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IIM vs NRIM

IIM
Invesco Value Municipal Income Trust
NEUTRAL
Price
$12.06
Market Cap
$567.6M
Sector
Financial Services
AI Confidence
80%
NRIM
Northrim BanCorp, Inc.
NEUTRAL
Price
$25.45
Market Cap
$566.1M
Sector
Financial Services
AI Confidence
80%

Valuation

P/E Ratio
IIM
--
NRIM
8.81
Forward P/E
IIM
--
NRIM
9.25
P/B Ratio
IIM
1.0
NRIM
1.72
P/S Ratio
IIM
12.81
NRIM
2.67
EV/EBITDA
IIM
--
NRIM
--

Profitability

Gross Margin
IIM
100.0%
NRIM
0.0%
Operating Margin
IIM
88.46%
NRIM
37.82%
Profit Margin
IIM
-60.83%
NRIM
30.68%
ROE
IIM
-4.48%
NRIM
21.11%
ROA
IIM
2.6%
NRIM
2.0%

Growth

Revenue Growth
IIM
0.7%
NRIM
6.2%
Earnings Growth
IIM
--
NRIM
2.5%

Financial Health

Debt/Equity
IIM
0.59
NRIM
--
Current Ratio
IIM
2.02
NRIM
--
Quick Ratio
IIM
2.02
NRIM
--

Dividends

Dividend Yield
IIM
7.67%
NRIM
2.51%
Payout Ratio
IIM
193.38%
NRIM
22.18%

AI Verdict

IIM NEUTRAL

IIM presents a stable but stagnant profile, anchored by a Piotroski F-Score of 4/9, indicating a stable financial health baseline. The trust is trading exactly at its book value (P/B 1.00), suggesting fair valuation relative to its net assets. However, the dividend profile is highly concerning with a payout ratio of 193.38%, indicating that distributions are not supported by current earnings. Combined with a bearish technical trend (0/100) and negative profit margins, the asset is currently a yield-trap candidate rather than a growth vehicle.

Strengths
Trading at fair value with a Price/Book ratio of 1.00
Strong liquidity position with a Current Ratio of 2.02
Positive 1-year price performance (+11.0%)
Risks
Unsustainable payout ratio of 193.38% suggesting capital erosion or leverage-funded dividends
Severe negative profit margin of -60.83%
Stagnant revenue growth of only 0.70% YoY
NRIM NEUTRAL

NRIM presents a classic 'value vs. health' conflict. While the stock is fundamentally undervalued with a Graham Number of $30.99 and an Intrinsic Value of $31.07 against a current price of $25.45, the Piotroski F-Score of 2/9 indicates severe deterioration in financial health. High profitability (ROE 21.1%) and a sustainable dividend payout (22.18%) are offset by stagnant earnings growth and a bearish technical trend. The discrepancy between the 'Strong Buy' analyst rating and the weak deterministic health score suggests a high-risk value play.

Strengths
Significant undervaluation relative to Graham Number ($30.99) and Intrinsic Value ($31.07)
Strong profitability with an ROE of 21.10% and Profit Margin of 30.68%
Very low P/E ratio (8.81) compared to the financial services sector average (35.96)
Risks
Critical health warning indicated by a Piotroski F-Score of 2/9
Sluggish year-over-year earnings growth of only 2.50%
Bearish technical trend (0/100) despite recent short-term price gains

Compare Another Pair

IIM vs NRIM: Head-to-Head Comparison

This page compares Invesco Value Municipal Income Trust (IIM) and Northrim BanCorp, Inc. (NRIM) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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