NRIM icon

Northrim BanCorp

91.29 USD
-0.86
0.93%
At close Updated Sep 12, 4:00 PM EDT
1 day
-0.93%
5 days
0.09%
1 month
4.75%
3 months
1.34%
6 months
25.24%
Year to date
18.65%
1 year
36.78%
5 years
214.04%
10 years
213.82%
 

About: Northrim BanCorp Inc is a bank holding company. The Company operates in three reportable segments: Community Banking, Home Mortgage Lending, and Specialty Finance. It generates maximum revenue from the Community Banking segment which offers loan and deposit products to business and consumer customers in its market areas and operates nearly 20 branches throughout Alaska.

Employees: 503

0
Funds holding %
of 7,462 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 14

29% more capital invested

Capital invested by funds: $283M [Q1] → $367M (+$83.2M) [Q2]

22% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 45

8% more funds holding

Funds holding: 139 [Q1] → 150 (+11) [Q2]

1.27% more ownership

Funds ownership: 69.91% [Q1] → 71.18% (+1.27%) [Q2]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

Financial journalist opinion

Based on 3 articles about NRIM published over the past 30 days

Neutral
GlobeNewsWire
23 days ago
Northrim BanCorp Announces 4-for-1 Stock Split
ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today announced that its Board of Directors has approved a 4-for-1 forward stock split of its common stock. The stock split is part of the Company's ongoing review of optimal trading and spread levels. The purpose of the split is to enhance stock liquidity, make shares more accessible to a broader base of retail investors, and support increased trading activity.
Northrim BanCorp Announces 4-for-1 Stock Split
Neutral
GlobeNewsWire
23 days ago
Northrim BanCorp, Inc. Announces Board Chair Change; Huston to Succeed Schierhorn as Chairman of the Board
ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- At yesterday's board of directors (“Board”) meeting, Joe Schierhorn announced his retirement from Northrim BanCorp, Inc. (Nasdaq:NRIM) (“Northrim” or the “Company”) effective as of December 31, 2025. As part of its continuing succession plan, the Board announced that Mike Huston, current President & CEO, will succeed Mr. Schierhorn as Chairman of the Board of Northrim Bank (the “Bank”) and Company on January 1, 2026, in addition to his current responsibilities. Mr. Huston has been with the Company since 2017 serving as President since 2022 and President and CEO since 2024.
Northrim BanCorp, Inc. Announces Board Chair Change; Huston to Succeed Schierhorn as Chairman of the Board
Neutral
GlobeNewsWire
23 days ago
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.64 per Share
ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.64 per share. The dividend will be payable on September 12, 2025, to shareholders of record at the close of business on September 4, 2025.
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.64 per Share
Positive
Zacks Investment Research
1 month ago
Why Northrim BanCorp (NRIM) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Northrim (NRIM) have what it takes?
Why Northrim BanCorp (NRIM) is a Great Dividend Stock Right Now
Positive
Seeking Alpha
1 month ago
Northrim BanCorp: Low Asset Yields To Mitigate Fed Rate Cut Impacts
Northrim BanCorp is a regional bank focused on Alaska, with 90% of Q2 2025 revenue coming from net interest income. Despite 1% of Fed rate cuts in 2024, the bank reported an improvement in its net interest margin, resulting in significantly higher earnings Y/Y. Looking ahead, yields on current loans and maturing investments remain below market levels, indicating stability in the net interest margin.
Northrim BanCorp: Low Asset Yields To Mitigate Fed Rate Cut Impacts
Negative
Zacks Investment Research
1 month ago
Northrim BanCorp (NRIM) Lags Q2 Earnings Estimates
Northrim BanCorp (NRIM) came out with quarterly earnings of $2.09 per share, missing the Zacks Consensus Estimate of $2.26 per share. This compares to earnings of $1.62 per share a year ago.
Northrim BanCorp (NRIM) Lags Q2 Earnings Estimates
Neutral
GlobeNewsWire
1 month ago
Northrim BanCorp Earns $11.8 Million, or $2.09 Per Diluted Share, in Second Quarter 2025
ANCHORAGE, Alaska, July 23, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $11.8 million, or $2.09 per diluted share, in the second quarter of 2025, compared to $13.3 million, or $2.38 per diluted share, in the first quarter of 2025, and $9.0 million, or $1.62 per diluted share, in the second quarter a year ago. The increase in second quarter 2025 profitability as compared to the second quarter a year ago was primarily the result of an increase in net interest income, higher purchased receivable income, and increased mortgage banking income, which were partially offset by a higher provision for credit losses, higher other operating expenses, and a higher provision for income taxes. Net interest income increased primarily due to higher loan balances and higher yields on earning assets. Purchased receivable income increased primarily due to the Company's acquisition of Sallyport Commercial Finance, LLC (“Sallyport or SCF”), which was completed on October 31, 2024. Sallyport and its direct and indirect subsidiaries provide services and products related to purchased receivable factoring and asset-based lending in the United States, Canada, and the United Kingdom.
Northrim BanCorp Earns $11.8 Million, or $2.09 Per Diluted Share, in Second Quarter 2025
Positive
Zacks Investment Research
2 months ago
Why Northrim BanCorp (NRIM) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Northrim (NRIM) have what it takes?
Why Northrim BanCorp (NRIM) is a Top Dividend Stock for Your Portfolio
Positive
Zacks Investment Research
2 months ago
Here's Why Momentum in Northrim (NRIM) Should Keep going
Northrim (NRIM) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Here's Why Momentum in Northrim (NRIM) Should Keep going
Positive
Zacks Investment Research
2 months ago
Northrim BanCorp (NRIM) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Northrim BanCorp (NRIM) have what it takes?
Northrim BanCorp (NRIM) Could Be a Great Choice
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