Northrim BanCorp, Inc. (NRIM)
| Market Cap | 250.40M |
| Revenue (ttm) | 125.79M |
| Net Income (ttm) | 25.39M |
| Shares Out | 5.50M |
| EPS (ttm) | 4.49 |
| PE Ratio | 10.29 |
| Forward PE | 9.07 |
| Dividend | $2.44 (5.36%) |
| Ex-Dividend Date | Mar 6, 2024 |
| Volume | 384 |
| Open | 45.53 |
| Previous Close | 46.18 |
| Day's Range | 45.53 - 45.53 |
| 52-Week Range | 33.29 - 59.90 |
| Beta | 0.71 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 7, 2024 |
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 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, co... [Read more]
Financial Performance
In 2023, NRIM's revenue was $125.79 million, a decrease of -1.22% compared to the previous year's $127.35 million. Earnings were $25.39 million, a decrease of -17.39%.
Financial StatementsNews
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...
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...
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.61 per Share
ANCHORAGE, Alaska, Jan. 26, 2024 (GLOBE NEWSWIRE) -- ANCHORAGE, AK — January 26, 2024 — Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly c...
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
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...
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...
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...
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...
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...
Northrim BanCorp, Inc. Appoints Marilyn F. Romano to its Board of Directors
ANCHORAGE, Alaska, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) announced that Marilyn F. Romano has been appointed to the Board of Directors.
Northrim BanCorp Earns $8.6 Million, or $1.48 Per Diluted Share, in Fourth Quarter 2022, and $30.7 Million, or $5.27 Per Diluted Share, for the Year Ended December 31, 2022
ANCHORAGE, Alaska, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $8.6 million, or $1.48 per diluted share, in the fo...
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.50 per Share
ANCHORAGE, Alaska, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.50 per share. Th...
Northrim BanCorp Earns $10.1 Million, or $1.76 Per Diluted Share, in Third Quarter 2022
ANCHORAGE, Alaska, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $10.1 million, or $1.76 per diluted share, in the t...
Northrim BanCorp Earns $4.8 Million, or $0.83 Per Diluted Share, in Second Quarter 2022
ANCHORAGE, Alaska, July 28, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $4.8 million, or $0.83 per diluted share, in the se...
5 Stocks Insiders Have Boosted Over the Past 2 Months
According to the Insider Cluster Buys Screen, a Premium feature of GuruFocus, five stocks with a high GF Score and high insider buys over the past two months include Ames National Corp. ( ATLO , Finan...
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...
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 f...
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 ...
Northrim BanCorp Earns $8.1 Million, or $1.31 Per Diluted Share, in Fourth Quarter 2021, and $37.5 Million, or $6.00 Per Diluted Share, for the Year 2021
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 f...
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. Th...
Northrim BanCorp Earns $8.9 Million, or $1.42 Per Diluted Share, in Third Quarter 2021, and $29.4 Million, or $4.69 Per Diluted Share, in First Nine Months of 2021
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 t...
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....
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, whi...
Northrim BanCorp Earnings of $8.3 Million, or $1.33 Per Diluted Share, in Second Quarter 2021, and $20.5 Million, or $3.27 Per Diluted Shares, in First Half of 2021
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 s...
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...