Northrim BanCorp, Inc. Stock News

Northrim BanCorp has shown impressive upside, with shares up 85.9% since August 2023, far outperforming the S&P 500's 24.7% gain. Despite high valuations, Northrim BanCorp's expanding profitability, top-notch asset quality, and strategic acquisitions make it an appealing investment. The company's balance sheet improvements, including increased deposits and loans, and higher net interest income,...

ANCHORAGE, Alaska, April 23, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $13.3 million, or $2.38 per diluted share, in the first quarter of 2025, compared to $10.9 million, or $1.95 per diluted share, in the fourth quarter of 2024, and $8.2 million, or $1.48 per diluted share, in the first quarter a year ago. The incre...

This week sees 31 dividend increases, including three Dividend Kings: Genuine Parts, Commerce Bancshares, and Kimberly-Clark, showcasing impressive financial stability and growth. My investment strategy prioritizes companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation and portfolio prosperity. I use data from the "U.S. Dividend Champ...

ANCHORAGE, Alaska, Jan. 27, 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 March 14, 2025, to shareholders of record at the close of business on March 6, 2025.

ANCHORAGE, Alaska, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $10.9 million, or $1.95 per diluted share, in the fourth quarter of 2024, compared to $8.8 million, or $1.57 per diluted share, in the third quarter of 2024, and $6.6 million, or $1.19 per diluted share, in the fourth quarter a year ago. The increa...

Northrim BanCorp, Inc. has significantly outperformed the S&P 500, with shares rising 52% since May 2024 and 75% since August 2023. Despite initial thoughts of downgrading, recent growth, strategic acquisition, and improved financials justify maintaining a soft 'buy' rating. The acquisition of Sallyport Commercial Finance is expected to boost 2025 earnings by 15% and 2026 earnings per share by ...

ANCHORAGE, Alaska, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.62 per share. The dividend will be payable on December 27, 2024, to shareholders of record at the close of business on December 19, 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.