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Northrim BanCorp Inc. (NRIM)

NASDAQ: NRIM · IEX Real-Time Price · USD
44.05 -0.36 (-0.81%)
Oct 15, 2021 4:00 PM EDT - Market closed
Market Cap278.51M
Revenue (ttm)147.54M
Net Income (ttm)42.48M
Shares Out6.21M
EPS (ttm)6.72
PE Ratio6.56
Forward PE11.48
Dividend$1.47 (3.34%)
Ex-Dividend DateSep 8, 2021
Volume12,343
Open44.96
Previous Close44.41
Day's Range44.04 - 44.96
52-Week Range27.05 - 47.36
Beta0.76
AnalystsHold
Price Target46.00 (+4.4%)
Est. Earnings DateOct 25, 2021

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 in two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement accounts, money market deposit accounts, and certificates of deposit. It also provides family residential mortgages; commercial loans, such as secured an...

IndustryBanks
Founded1990
CEODavid Karp
Employees438
Stock ExchangeNASDAQ
Ticker SymbolNRIM
Full Company Profile

Financial Performance

In 2020, NRIM's revenue was $131.56 million, an increase of 27.78% compared to the previous year's $102.96 million. Earnings were $32.89 million, an increase of 58.95%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for NRIM stock is "Hold" and the 12-month stock price forecast is 46.00.

Price Target
$46.00
(4.43% upside)
Analyst Consensus: Hold

News

Northrim BanCorp, Inc. Increases Quarterly Cash Dividend to $0.38 per Share

ANCHORAGE, Alaska, Aug. 27, 2021 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend to $0.38 per share. T...

1 month ago - GlobeNewsWire

Northrim BanCorp (NRIM) Q2 Earnings and Revenues Lag Estimates

Northrim (NRIM) delivered earnings and revenue surprises of -7.64% and -2.28%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Northrim BanCorp: Q2 Earnings Insights

Shares of Northrim BanCorp (NASDAQ:NRIM) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 12.50% over the past year to $1.33, which...

2 months ago - Benzinga

Northrim BanCorp Earnings of $8.3 Million, or $1.33 Per Diluted Share, in Second Quarter 2021, and $20.5 Million, or ...

ANCHORAGE, Alaska, July 26, 2021 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $8.35 million, or $1.33 per diluted share, in the sec...

2 months ago - GlobeNewsWire

Analysts Estimate Northrim BanCorp (NRIM) to Report a Decline in Earnings: What to Look Out for

Northrim (NRIM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

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3 months ago - Zacks Investment Research

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3 months ago - Zacks Investment Research

Here's Why Northrim (NRIM) Stock is Worth Betting on Now

Strong prospects, solid balance sheet and analysts' bullish stance make Northrim (NRIM) stock a wise investment choice at present.

4 months ago - Zacks Investment Research

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.37 per Share

ANCHORAGE, Alaska, May 28, 2021 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend to $0.37 per share. The d...

4 months ago - GlobeNewsWire

Wiley: Regional banks could offer some opportunity to investors rotating out of growth stocks

Dory Wiley, CEO of Commerce Street Capital, discusses whether tax-related moves are behind the sell-off in tech stocks, and how the rotation from growth to value could benefit the banking, and particula...

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5 months ago - CNBC Television

Northrim BanCorp (NRIM) Q1 Earnings and Revenues Beat Estimates

Northrim (NRIM) delivered earnings and revenue surprises of 38.57% and 2.58%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Northrim BanCorp: Q1 Earnings Insights

Shares of Northrim BanCorp (NASDAQ:NRIM) fell 1.8% in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 1112.50% year over year to $1.94, which beat t...

5 months ago - Benzinga

Northrim BanCorp Earnings Increase to $12.2 Million, or $1.94 Per Diluted Share, in First Quarter 2021

ANCHORAGE, Alaska, April 26, 2021 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $12.2 million, or $1.94 per diluted share, in the fi...

5 months ago - GlobeNewsWire

Northrim BanCorp (NRIM) Earnings Expected to Grow: Should You Buy?

Northrim (NRIM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Northrim BanCorp (NRIM) Sees Hammer Chart Pattern: Time to Buy?

Northrim BanCorp (NRIM) has been struggling lately, but the selling pressure may be coming to an end soon

5 months ago - Zacks Investment Research

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7 months ago - Zacks Investment Research

Earnings Estimates Rising for Northrim (NRIM): Will It Gain?

Northrim (NRIM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

7 months ago - Zacks Investment Research

Northrim BanCorp, Inc. Appoints Joseph Marushack to its Board of Directors

ANCHORAGE, Alaska, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) announced that Joseph (Joe) Marushack has been appointed to the Board of Directors, effective immediately.

8 months ago - GlobeNewsWire

Northrim BanCorp (NRIM) Q4 Earnings and Revenues Beat Estimates

Northrim (NRIM) delivered earnings and revenue surprises of 9.66% and 3.49%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Northrim BanCorp Reports Earnings of $10.1 million, or $1.59 per Diluted Share, in 4Q20 and Earnings of $32.9 Million...

ANCHORAGE, Alaska, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $10.10 million, or $1.59 per diluted share, in the fo...

8 months ago - GlobeNewsWire

Northrim BanCorp, Inc. Expands Stock Repurchase Program

ANCHORAGE, Alaska, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that its Board of Directors has authorized for repurchase up to an additional 313,000 shares of...

8 months ago - GlobeNewsWire

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