Northrim BanCorp Inc. (NRIM)

NASDAQ: NRIM · IEX Real-Time Price · USD
41.10
+1.18 (2.96%)
Jun 24, 2022 4:00 PM EDT - Market closed
2.96%
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...]

Industry Banks
Founded 1990
CEO David Karp
Employees 451
Stock Exchange NASDAQ
Ticker Symbol NRIM
Full Company Profile

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 Statements

Analyst 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.

Price Target
$51
(24.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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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...

6 Value Stocks That Are Too Cheap to Be Ignored

These six value stocks have low P/E's, low price-to-book-value ratios, and good earnings and dividend yields going forward. The post 6 Value Stocks That Are Too Cheap to Be Ignored appeared first on Inv...

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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.

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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...