Northrim BanCorp, Inc. (NRIM)

NASDAQ: NRIM · Real-Time Price · USD
24.80
-0.05 (-0.20%)
Apr 10, 2026, 4:00 PM EDT - Market closed
Market Cap548.77M +31.8%
Revenue (ttm)208.90M +37.5%
Net Income64.61M +74.8%
EPS2.87 +72.9%
Shares Out 22.13M
PE Ratio8.64
Forward PE9.56
Dividend$0.64 (2.58%)
Ex-Dividend DateMar 5, 2026
Volume119,209
Open24.85
Previous Close24.85
Day's Range24.19 - 24.85
52-Week Range16.72 - 30.82
Beta0.92
Analystsn/a
Price Targetn/a
Earnings DateApr 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. It operates through three segments: Community Banking, Home Mortgage Lending, and Specialty Finance. The company 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. It also provides short and medium-ter... [Read more]

Sector Financials
Founded 1990
Employees 516
Stock Exchange NASDAQ
Ticker Symbol NRIM
Full Company Profile

Financial Performance

In 2025, Northrim BanCorp's revenue was $208.90 million, an increase of 37.50% compared to the previous year's $151.93 million. Earnings were $64.61 million, an increase of 74.75%.

Financial Statements

News

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.16 per Share

ANCHORAGE, Alaska, Jan. 26, 2026 (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...

2 months ago - GlobeNewsWire

Northrim BanCorp Earns $12.4 Million, or $0.55 Per Diluted Share, in Fourth Quarter 2025, and $64.6 Million, or $2.87 Per Diluted Share, for the Year Ended December 31, 2025

ANCHORAGE, Alaska, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $12.4 million, or $0.55 per diluted share, in the f...

2 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - Business Wire

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” ...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

Northrim BanCorp, Inc. Expands Stock Repurchase Program

ANCHORAGE, Alaska, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that its Board of Directors has authorized for repurchase up to an additional 110,000 shares o...

2 years ago - GlobeNewsWire

Northrim BanCorp Earns $6.6 million, or $1.19 Per Diluted Share, in Fourth Quarter 2023, and $25.4 Million, or $4.49 Per Diluted Share, for the Year Ended December 31, 2023

Northrim BanCorp Earns $6.6 million, or $1.19 Per Diluted Share, in Fourth Quarter 2023, and $25.4 Million, or $4.49 Per Diluted Share, for the Year Ended

2 years ago - GlobeNewsWire

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.60 per Share

ANCHORAGE, Alaska, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.60 per share. Th...

2 years ago - GlobeNewsWire

Northrim BanCorp Earns $8.4 Million, or $1.48 Per Diluted Share, in Third Quarter 2023

ANCHORAGE, Alaska, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $8.4 million, or $1.48 per diluted share, in the th...

2 years ago - GlobeNewsWire

Northrim BanCorp Earns $5.6 Million, or $0.98 Per Diluted Share, in Second Quarter 2023

ANCHORAGE, Alaska, July 27, 2023 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $5.6 million, or $0.98 per diluted share, in the se...

2 years ago - GlobeNewsWire

Northrim BanCorp Earns $4.8 Million, or $0.84 Per Diluted Share, in First Quarter 2023

ANCHORAGE, Alaska, April 27, 2023 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $4.8 million, or $0.84 per diluted share, in the f...

3 years ago - GlobeNewsWire

Northrim announces retirement of Residential Mortgage CEO, Steve Aldrich and promotion of Mike Baldwin to CEO

ANCHORAGE, Alaska, April 26, 2023 (GLOBE NEWSWIRE) -- Northrim BanCorp announces the retirement of Residential Mortgage Chief Executive Officer, Steve Aldrich. Residential Mortgage is a wholly owned s...

3 years ago - GlobeNewsWire