Summary
NRIM Chart
Northrim BanCorp (NRIM) Q1 Earnings and Revenues Beat Estimates
Northrim BanCorp (NRIM) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.6 per share a year ago.
Northrim BanCorp Is Still Worth Banking On
Northrim BanCorp remains a soft ‘buy' due to robust operational performance, resilient asset quality, and attractive price-to-earnings valuation. NRIM's net interest margin expanded to 4.69% in 2025, driving net income to $64.6 million—nearly double the prior year. Despite recent underperformance, NRIM has outpaced the S&P 500 since August 2023, supported by strong returns on assets (1.50%) and equity (15.16%).
Northrim BanCorp: Attractive Valuation Amid Geopolitical Uncertainty
Northrim BanCorp shares are off to a weak start in 2026, impacted by broad-based equity market weakness. This comes even as NRIM reported solid 2025 results, with an expected 2026 EPS decline largely driven by the non-recurrence of one-off positives that boosted 2025 performance. NRIM offers an attractive valuation both on a trailing and forward P/E basis, as well as a strong deposit franchise and improving net interest margin.
Northrim BanCorp, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Point72 Asset Management LP Point72 Asset Management LP | 31,004 | $800,420.82 | $762,698.4 | -$37,719.32 | -4.71% |
 Alexandra Stickelman Root Financial Partners, LLC | 42 | $961 | $1,034.46 | $73.46 | 7.64% |
 Christopher C. Powers Farther Finance Advisors, LLC | 31,076 | $723,574.55 | $766,334.16 | $42,632.2 | 5.89% |
 Courtney Haddad Concurrent Investment Advisors, LLC | 10,054 | $267,536.97 | $247,931.64 | -$19,646.55 | -7.34% |
 Isabelle Cordwell-Riant De Lisle Partners LLP | 474,380 | $7.56M | $11.7M | $4.14M | 54.8% |
Northrim BanCorp, Inc. (NRIM) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Northrim BanCorp, Inc. ever had a stock split?
Northrim BanCorp, Inc. Profile
| Banks Industry | Financials Sector | Michael G. Huston CEO | NASDAQ (NGS) Exchange | 666762109 CUSIP |
| US Country | 503 Employees | 11 Jun 2026 Last Dividend | 19 Sep 2007 Last Split | 25 Oct 1993 IPO Date |
Overview
Northrim BanCorp, Inc. serves as the parent company for Northrim Bank, a financial institution dedicated to providing a wide range of commercial banking products and services tailored to businesses and professional individuals. Established in 1990 and headquartered in Anchorage, Alaska, Northrim BanCorp, Inc. conducts its operations through two primary segments: Community Banking and Home Mortgage Lending. This framework allows the company to meet diverse banking needs, from daily transactions to long-term financing solutions, emphasizing its commitment to supporting the financial growth of its clients.
Products and Services
The products and services offered by Northrim BanCorp, Inc. span across various banking and financial spectrums to cater to both personal and business banking requirements. Below is a concise look at each:
- Banking Accounts: Includes noninterest-bearing checking accounts, interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts.
- Loans: Offers a comprehensive suite of loan products such as short and medium-term commercial loans, commercial credit lines, construction and real estate loans, consumer loans, and short-term working capital solutions.
- Online and Mobile Banking: Provides a robust array of digital banking services including consumer and business online banking, mobile app banking, mobile deposit functionality, and consumer online account opening.
- Payment and Transfer Services: Encompasses services such as People Pay, external transfers, Bill Pay, wire transfer, direct payroll deposit, electronic tax payments, and Automated Clearing House (ACH) origination and receipt.
- Card Services: Offers debit and credit cards along with mobile web and app banking, consumer debit cards, business debit cards, card control features, and Home Equity Advantage access cards.
- Cash Management and Other Business Services: Includes remote deposit capture, account reconciliation, positive pay, merchant services, cash management, and annuity and long-term investment portfolio products and services.
- Investment, Trust, and Wealth Management: Provides investment advisory, trust, wealth management, and factoring services to cater to the varied financial management and growth needs of clients.
- Mortgage Services: Offers mortgage services to assist clients in purchasing homes, reflecting the company’s commitment to supporting clients through major life events and investments.
Additionally, Northrim BanCorp, Inc. enhances customer experience by offering personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment services, retail lockbox services, integrated payables, corporate purchase cards, telebanking, and automated teller services.
