Northrim BanCorp (NRIM) to Release Quarterly Earnings on Wednesday

Northrim BanCorp (NASDAQ:NRIMGet Free Report) will likely be announcing its Q1 2026 results before the market opens on Wednesday, April 22nd. Analysts expect the company to announce earnings of $0.55 per share and revenue of $50.60 million for the quarter. Investors are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 30, 2026 at 4:00 PM ET.

Northrim BanCorp (NASDAQ:NRIMGet Free Report) last issued its quarterly earnings data on Friday, January 23rd. The financial services provider reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.10). Northrim BanCorp had a net margin of 25.17% and a return on equity of 17.66%. The firm had revenue of $51.66 million during the quarter, compared to analysts’ expectations of $52.70 million. On average, analysts expect Northrim BanCorp to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Northrim BanCorp Price Performance

Shares of NASDAQ NRIM opened at $25.05 on Monday. The company has a current ratio of 0.93, a quick ratio of 0.90 and a debt-to-equity ratio of 0.25. Northrim BanCorp has a twelve month low of $17.90 and a twelve month high of $30.82. The stock has a 50 day moving average of $23.92 and a two-hundred day moving average of $24.39. The stock has a market cap of $557.11 million, a P/E ratio of 8.74 and a beta of 0.91.

Northrim BanCorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Thursday, March 5th were paid a $0.16 dividend. The ex-dividend date was Thursday, March 5th. This represents a $0.64 dividend on an annualized basis and a yield of 2.6%. Northrim BanCorp’s payout ratio is currently 22.30%.

Analyst Upgrades and Downgrades

NRIM has been the subject of a number of research reports. Wall Street Zen cut Northrim BanCorp from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Zacks Research cut Northrim BanCorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Northrim BanCorp in a research note on Wednesday, December 24th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Northrim BanCorp has a consensus rating of “Moderate Buy” and a consensus target price of $33.00.

View Our Latest Analysis on NRIM

Insider Buying and Selling at Northrim BanCorp

In other news, CEO Michael G. Huston acquired 1,500 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were purchased at an average cost of $22.80 per share, for a total transaction of $34,200.00. Following the transaction, the chief executive officer directly owned 83,252 shares in the company, valued at approximately $1,898,145.60. This represents a 1.83% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders acquired 2,790 shares of company stock worth $64,179 over the last three months. 3.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Northrim BanCorp

A number of large investors have recently bought and sold shares of the company. Tudor Investment Corp ET AL raised its position in Northrim BanCorp by 162.2% during the 4th quarter. Tudor Investment Corp ET AL now owns 55,286 shares of the financial services provider’s stock worth $1,471,000 after buying an additional 34,199 shares during the last quarter. Man Group plc purchased a new position in Northrim BanCorp during the 4th quarter worth $526,000. Inspire Investing LLC purchased a new position in Northrim BanCorp during the 4th quarter worth $1,223,000. Janus Henderson Group PLC purchased a new position in Northrim BanCorp during the 4th quarter worth $885,000. Finally, Bridgeway Capital Management LLC purchased a new position in Northrim BanCorp during the 4th quarter worth $798,000. Hedge funds and other institutional investors own 65.99% of the company’s stock.

About Northrim BanCorp

(Get Free Report)

Northrim BanCorp is the bank holding company for Northrim Bank, a community bank headquartered in Anchorage, Alaska. The company offers a comprehensive suite of personal and commercial banking products and services, including checking and savings accounts, consumer and commercial loans, mortgage financing, and treasury and cash management solutions.

With branches located across Alaska’s major population centers—such as Anchorage, Fairbanks and Juneau—Northrim serves both urban and rural communities.

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Earnings History for Northrim BanCorp (NASDAQ:NRIM)

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