Northrim BanCorp Inc. (NRIM)
| Market Cap | 239.06M |
| Revenue (ttm) | 130.59M |
| Net Income (ttm) | 32.56M |
| Shares Out | 5.82M |
| EPS (ttm) | 5.26 |
| PE Ratio | 7.81 |
| Forward PE | 8.54 |
| Dividend | $1.58 (3.84%) |
| Ex-Dividend Date | Jun 8, 2022 |
| Volume | 689,250 |
| Open | 39.95 |
| Previous Close | 39.92 |
| Day's Range | 39.95 - 42.11 |
| 52-Week Range | 38.42 - 47.34 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 51.00 (+24.1%) |
| Earnings Date | Jul 25, 2022 |
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 and money market deposit accounts, certificates of deposit, and business sweep accounts. It also provides short and medium-term commercial loans, commerc... [Read more...]
Financial Performance
In 2021, NRIM's revenue was $137.19 million, an increase of 4.28% compared to the previous year's $131.56 million. Earnings were $37.52 million, an increase of 14.08%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for NRIM stock is "Buy." The 12-month stock price forecast is 51, which is an increase of 24.09% from the latest price.
News
5 Stocks Insiders Have Boosted Over the Past 2 Months
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Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.41 per Share
ANCHORAGE, Alaska, May 27, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.41 per share. The d...
Northrim BanCorp (NRIM) Q1 Earnings and Revenues Surpass Estimates
Northrim (NRIM) delivered earnings and revenue surprises of 22.45% and 2.13%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Northrim BanCorp Earns $7.2 Million, or $1.20 Per Diluted Share, in First Quarter 2022
ANCHORAGE, Alaska, April 28, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $7.2 million, or $1.20 per diluted share, in the fir...
Northrim BanCorp, Inc. Announces Executive Promotions
ANCHORAGE, Alaska, March 25, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) announced the promotions of Michael Huston to serve as President and Chief Lending Officer of Northrim Bank an...
4 Banks to Keep an Eye on to Earn Higher Dividend Income
Dividend is a steady source of income for investors during uncertain times. So, banks - MVBF, BPOP, WSBC and NRIM - that hiked dividends in recent days are worth watching.
Northrim (NRIM) Rewards Investors With 7.9% Dividend Hike
Northrim (NRIM) hikes quarterly dividend by 7.9% to 41 cents per share. This, along with its share buyback program, is expected to continue enhancing shareholder value.
Northrim BanCorp (NRIM) Misses Q4 Earnings and Revenue Estimates
Northrim (NRIM) delivered earnings and revenue surprises of -5.07% and 3.44%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Northrim BanCorp, Inc. Expands Stock Repurchase Program
ANCHORAGE, Alaska, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that its Board of Directors has authorized for repurchase up to an additional 300,000 shares of ...
Northrim BanCorp Earns $8.1 Million, or $1.31 Per Diluted Share, in Fourth Quarter 2021, and $37.5 Million, or $6.00 ...
ANCHORAGE, Alaska, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $8.11 million, or $1.31 per diluted share, in the fou...
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.38 per Share
ANCHORAGE, Alaska, Dec. 03, 2021 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.38 per share. The ...
Northrim BanCorp (NRIM) Q3 Earnings and Revenues Lag Estimates
Northrim (NRIM) delivered earnings and revenue surprises of -1.39% and -1.81%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Northrim BanCorp Earns $8.9 Million, or $1.42 Per Diluted Share, in Third Quarter 2021, and $29.4 Million, or $4.69 P...
ANCHORAGE, Alaska, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $8.88 million, or $1.42 per diluted share, in the thi...
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.
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...
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?
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...
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...
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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.
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...