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Northrim BanCorp (NRIM) Stock

Profile

Country:

United States

IPO:

15 November 1990

Indexes:

Not included

Description:

Northrim BanCorp is a financial services company based in Alaska, offering a range of banking products, including loans, deposits, and investment services. It focuses on serving individuals and businesses, emphasizing community involvement and local economic development.

Key Details

Price

$77.85

TTM Dividend Yield

3.16%(-28.51% YoY)

PE Ratio

13.28(+9.75% YoY)

Beta

1.25

Events Calendar

Earnings

Next earnings date:

Jan 24, 2025

Recent quarterly earnings:

Oct 23, 2024

Recent annual earnings:

Jan 25, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 19, 2024
Splits

Next split:

N/A

Recent split:

Sept 19, 2007

Analyst ratings

Recent major analysts updates

25 Feb '22 Janney Montgomery Scott
Buy

Market Data

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Institutional Ownership

Northrim BanCorp, Inc. Appoints Shauna Hegna to its Board of Directors
Northrim BanCorp, Inc. Appoints Shauna Hegna to its Board of Directors
Northrim BanCorp, Inc. Appoints Shauna Hegna to its Board of Directors
NRIM
globenewswire.com06 December 2024

ANCHORAGE, AK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) announced that Shauna Hegna has been appointed to its Board of Directors.

Northrim (NRIM) is on the Move, Here's Why the Trend Could be Sustainable
Northrim (NRIM) is on the Move, Here's Why the Trend Could be Sustainable
Northrim (NRIM) is on the Move, Here's Why the Trend Could be Sustainable
NRIM
zacks.com02 December 2024

If you are looking for stocks that are well positioned to maintain their recent uptrend, Northrim (NRIM) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Northrim (NRIM) is on the Move, Here's Why the Trend Could be Sustainable
Northrim (NRIM) is on the Move, Here's Why the Trend Could be Sustainable
Northrim (NRIM) is on the Move, Here's Why the Trend Could be Sustainable
NRIM
zacks.com02 December 2024

Northrim (NRIM) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Surging Earnings Estimates Signal Upside for Northrim (NRIM) Stock
Surging Earnings Estimates Signal Upside for Northrim (NRIM) Stock
Surging Earnings Estimates Signal Upside for Northrim (NRIM) Stock
NRIM
zacks.com14 November 2024

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

Northrim (NRIM) Upgraded to Strong Buy: Here's What You Should Know
Northrim (NRIM) Upgraded to Strong Buy: Here's What You Should Know
Northrim (NRIM) Upgraded to Strong Buy: Here's What You Should Know
NRIM
zacks.com14 November 2024

Northrim (NRIM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Recent Price Trend in Northrim (NRIM) is Your Friend, Here's Why
Recent Price Trend in Northrim (NRIM) is Your Friend, Here's Why
Recent Price Trend in Northrim (NRIM) is Your Friend, Here's Why
NRIM
zacks.com14 November 2024

Northrim (NRIM) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Northrim BanCorp Announces Acquisition of Sallyport Commercial Finance, LLC
Northrim BanCorp Announces Acquisition of Sallyport Commercial Finance, LLC
Northrim BanCorp Announces Acquisition of Sallyport Commercial Finance, LLC
NRIM
globenewswire.com01 November 2024

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” or “SCF”) in an all cash transaction that closed on October 31, 2024 and is valued at approximately $53.9 million. Sallyport Commercial Finance, LLC is a leading provider of factoring, asset based lending and alternative working capital solutions to small and medium sized enterprises in the United States and Canada. The transaction is expected to provide earnings accretion of approximately 15% to Northrim's 2025 operating results.

Northrim BanCorp Earns $8.8 Million, or $1.57 Per Diluted Share, in Third Quarter 2024
Northrim BanCorp Earns $8.8 Million, or $1.57 Per Diluted Share, in Third Quarter 2024
Northrim BanCorp Earns $8.8 Million, or $1.57 Per Diluted Share, in Third Quarter 2024
NRIM
globenewswire.com23 October 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 third quarter of 2024, compared to $9.0 million, or $1.62 per diluted share, in the second quarter of 2024, and $8.4 million, or $1.48 per diluted share, in the third quarter a year ago. The increase in third quarter 2024 profitability as compared to the third quarter a year ago was primarily the result of an increase in mortgage banking income and higher net interest income, which was only partially offset by higher other operating expenses and a higher provision for credit losses.

Northrim (NRIM) Is a Great Choice for 'Trend' Investors, Here's Why
Northrim (NRIM) Is a Great Choice for 'Trend' Investors, Here's Why
Northrim (NRIM) Is a Great Choice for 'Trend' Investors, Here's Why
NRIM
zacks.com02 October 2024

Northrim (NRIM) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Northrim Bancorp (NRIM) Hikes Quarterly Cash Dividend by 1.6%
Northrim Bancorp (NRIM) Hikes Quarterly Cash Dividend by 1.6%
Northrim Bancorp (NRIM) Hikes Quarterly Cash Dividend by 1.6%
NRIM
zacks.com26 August 2024

Northrim Bancorp (NRIM) raises quarterly dividend by 1.6% to 62 cents per share. A solid balance sheet is likely to keep its capital distributions sustainable.

FAQ

  • What is the primary business of Northrim BanCorp?
  • What is the ticker symbol for Northrim BanCorp?
  • Does Northrim BanCorp pay dividends?
  • What sector is Northrim BanCorp in?
  • What industry is Northrim BanCorp in?
  • What country is Northrim BanCorp based in?
  • When did Northrim BanCorp go public?
  • Is Northrim BanCorp in the S&P 500?
  • Is Northrim BanCorp in the NASDAQ 100?
  • Is Northrim BanCorp in the Dow Jones?
  • When was Northrim BanCorp's last earnings report?
  • When does Northrim BanCorp report earnings?
  • Should I buy Northrim BanCorp stock now?

What is the primary business of Northrim BanCorp?

Northrim BanCorp is a financial services company based in Alaska, offering a range of banking products, including loans, deposits, and investment services. It focuses on serving individuals and businesses, emphasizing community involvement and local economic development.

What is the ticker symbol for Northrim BanCorp?

The ticker symbol for Northrim BanCorp is NASDAQ:NRIM

Does Northrim BanCorp pay dividends?

Yes, Northrim BanCorp pays dividends. The last payment was $0.62, with an ex-dividend date on 19 December 2024

What sector is Northrim BanCorp in?

Northrim BanCorp is in the Financial Services sector

What industry is Northrim BanCorp in?

Northrim BanCorp is in the Banks - Regional industry

What country is Northrim BanCorp based in?

Northrim BanCorp is headquartered in United States

When did Northrim BanCorp go public?

Northrim BanCorp's initial public offering (IPO) was on 15 November 1990

Is Northrim BanCorp in the S&P 500?

No, Northrim BanCorp is not included in the S&P 500 index

Is Northrim BanCorp in the NASDAQ 100?

No, Northrim BanCorp is not included in the NASDAQ 100 index

Is Northrim BanCorp in the Dow Jones?

No, Northrim BanCorp is not included in the Dow Jones index

When was Northrim BanCorp's last earnings report?

Northrim BanCorp's most recent earnings report was on 23 October 2024

When does Northrim BanCorp report earnings?

The next expected earnings date for Northrim BanCorp is 24 January 2025

Should I buy Northrim BanCorp stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions