Northrim BanCorp, Inc. (NRIM)
| Market Cap | 536.14M |
| Revenue (ttm) | 201.54M |
| Net Income (ttm) | 63.09M |
| Shares Out | 22.09M |
| EPS (ttm) | 2.80 |
| PE Ratio | 8.65 |
| Forward PE | 8.91 |
| Dividend | $0.64 (2.55%) |
| Ex-Dividend Date | Sep 4, 2025 |
| Volume | 113,514 |
| Open | 25.03 |
| Previous Close | 25.05 |
| Day's Range | 24.17 - 25.06 |
| 52-Week Range | 16.18 - 25.55 |
| Beta | 0.99 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 23, 2026 |
About NRIM
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. The company operates through three segments: Community Banking, Home Mortgage Lending, and Specialty Finance. It offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts. The company also provides short and m... [Read more]
Financial Performance
In 2024, Northrim BanCorp's revenue was $151.93 million, an increase of 20.78% compared to the previous year's $125.79 million. Earnings were $36.97 million, an increase of 45.59%.
Financial StatementsNews
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.16 per Share
ANCHORAGE, Alaska, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.16 per share. Th...
Northrim BanCorp, Inc. Announces Completion of $60.0 Million Subordinated Notes Offering
ANCHORAGE, Alaska, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM). (“Northrim” or the “Company”) today announced the completion of its private placement of $60.0 million in ag...
KBRA Assigns Ratings to Northrim BanCorp, Inc.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Northrim BanCorp, Inc. (N...
Northrim BanCorp: Seeing Past Recent Underperformance
Northrim BanCorp, Inc. remains a compelling Buy despite recent underperformance versus the market, supported by robust financial growth and strong asset quality. NRIM's balance sheet and income statem...
Northrim BanCorp, Inc. Announces Board Chair Change; Huston to Succeed Schierhorn as Chairman of the Board
ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- At yesterday's board of directors (“Board”) meeting, Joe Schierhorn announced his retirement from Northrim BanCorp, Inc. (Nasdaq:NRIM) (“Northrim” ...
Northrim BanCorp Announces 4-for-1 Stock Split
ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today announced that its Board of Directors has approved a 4-for-1 forward stock...
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.64 per Share
ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.64 per share. Th...
Northrim BanCorp: Low Asset Yields To Mitigate Fed Rate Cut Impacts
Northrim BanCorp is a regional bank focused on Alaska, with 90% of Q2 2025 revenue coming from net interest income. Despite 1% of Fed rate cuts in 2024, the bank reported an improvement in its net int...
Northrim BanCorp Earns $11.8 Million, or $2.09 Per Diluted Share, in Second Quarter 2025
ANCHORAGE, Alaska, July 23, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $11.8 million, or $2.09 per diluted share, in the s...
Northrim BanCorp: Shares Remain Attractive, In Spite Of Continued Appreciation
Northrim BanCorp has shown impressive upside, with shares up 85.9% since August 2023, far outperforming the S&P 500's 24.7% gain. Despite high valuations, Northrim BanCorp's expanding profitability, t...
Northrim BanCorp Earns $13.3 Million, or $2.38 Per Diluted Share, in First Quarter 2025
ANCHORAGE, Alaska, April 23, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $13.3 million, or $2.38 per diluted share, in the ...
31 Upcoming Dividend Increases, Including 3 Kings
This week sees 31 dividend increases, including three Dividend Kings: Genuine Parts, Commerce Bancshares, and Kimberly-Clark, showcasing impressive financial stability and growth. My investment strate...
Northrim BanCorp Earns $10.9 Million, or $1.95 Per Diluted Share, in Fourth Quarter 2024, and $37.0 Million, or $6.62 Per Diluted Share, for the Year Ended December 31, 2024
ANCHORAGE, Alaska, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $10.9 million, or $1.95 per diluted share, in the f...
Northrim BanCorp: Not Ready For A Downgrade Just Yet, But Getting Close
Northrim BanCorp, Inc. has significantly outperformed the S&P 500, with shares rising 52% since May 2024 and 75% since August 2023. Despite initial thoughts of downgrading, recent growth, strategic ac...
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.62 per Share
ANCHORAGE, Alaska, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.62 per share. Th...
Northrim BanCorp, Inc. Appoints Shauna Hegna to its Board of Directors
ANCHORAGE, AK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) announced that Shauna Hegna has been appointed to its Board of Directors.
Northrim BanCorp Announces Acquisition of Sallyport Commercial Finance, LLC
ANCHORAGE, Alaska, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today announced the acquisition of Sallyport Commercial Finance, LLC (“Sallyport...
Northrim BanCorp Earns $8.8 Million, or $1.57 Per Diluted Share, in Third Quarter 2024
ANCHORAGE, Alaska, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $8.8 million, or $1.57 per diluted share, in the th...
15 Upcoming Dividend Increases Including A King
This week, 15 companies, including Dividend King Stanley Black & Decker, are set to increase dividends, with SWK extending its 57-year streak by 1.2%. My strategy focuses on buying, holding, and addin...
Northrim BanCorp: A Very Interesting Bank, But Currently Not Cheap Enough
NRIM's price per share has dropped 6.50% since Q2 2024 earnings release, possibly due to uncertainty about future interest rates. The loan portfolio is growing, with a focus on riskier commercial loan...
Northrim BanCorp Earns $9.0 Million, or $1.62 Per Diluted Share, in Second Quarter 2024
ANCHORAGE, Alaska, July 24, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $9.0 million, or $1.62 per diluted share, in the se...
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.61 per Share
ANCHORAGE, Alaska, May 24, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.61 per share. The...
Northrim BanCorp: Still Marginally Attractive Despite Some Weak Spots
Northrim BanCorp, Inc. has seen a modest increase in shares but has underperformed the S&P 500. The company has shown growth in profitability but a small decline in deposits. Despite some concerns, th...
Northrim BanCorp Earns $8.2 Million, or $1.48 Per Diluted Share, in First Quarter 2024
ANCHORAGE, Alaska, April 24, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $8.2 million, or $1.48 per diluted share, in the f...
Northrim BanCorp, Inc. Promotes Huston to President and CEO; Schierhorn Remains Chairman
ANCHORAGE, Alaska, March 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Northrim BanCorp Inc., the parent company of Northrim Bank (NASDAQ: NRIM), named Mike Huston as President and CEO of Nor...