Northrim BanCorp (NRIM) Expected to Post Earnings on Wednesday

Northrim BanCorp (NASDAQ:NRIM – Get Free Report) is projected to issue its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Northrim BanCorp to announce earnings of $0.70 per share and revenue of $55.80 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 15, 2026 at 4:00 PM ET.

Northrim BanCorp (NASDAQ:NRIM – Get Free Report) last posted its earnings results on Thursday, October 15th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.10). Northrim BanCorp had a return on equity of 16.25% and a net margin of 22.02%. The firm had revenue of $57.41 million for the quarter, compared to analyst estimates of $55.80 million. On average, analysts expect Northrim BanCorp to post $2.68 EPS for the current fiscal year and $2.80 EPS for the next fiscal year.

Northrim BanCorp Stock Performance

Shares of Northrim BanCorp stock opened at $23.72 on Wednesday. The business has a 50-day moving average of $25.32 and a 200 day moving average of $25.49. Northrim BanCorp has a 12 month low of $20.70 and a 12 month high of $30.82. The stock has a market capitalization of $527.77 million, a price-to-earnings ratio of 9.60 and a beta of 0.90. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.94 and a quick ratio of 0.91.

Northrim BanCorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Thursday, September 10th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 2.9%. This is a boost from Northrim BanCorp’s previous quarterly dividend of $0.16. The ex-dividend date was Thursday, September 10th. Northrim BanCorp’s payout ratio is currently 27.53%.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Northrim BanCorp in a research report on Friday, September 11th. Hovde Group assumed coverage on shares of Northrim BanCorp in a research note on Tuesday, September 8th. They issued an “outperform” rating and a $30.00 price objective for the company. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of Northrim BanCorp from $30.00 to $29.00 and set a “market perform” rating for the company in a report on Monday. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Northrim BanCorp currently has a consensus rating of “Moderate Buy” and an average target price of $29.50.

Check Out Our Latest Stock Report on NRIM

Insider Buying and Selling

In other news, EVP Jed W. Ballard sold 3,492 shares of the stock in a transaction on Friday, August 28th. The stock was sold at an average price of $25.91, for a total value of $90,477.72. Following the sale, the executive vice president directly owned 26,835 shares in the company, valued at approximately $695,294.85. This trade represents a 11.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Linda C. Thomas bought 1,200 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was bought at an average price of $26.20 per share, with a total value of $31,440.00. Following the completion of the acquisition, the director owned 6,688 shares of the company’s stock, valued at $175,225.60. This trade represents a 21.87% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 18,180 shares of company stock worth $477,724 over the last ninety days. Insiders own 2.40% of the company’s stock.

About Northrim BanCorp

(Get Free Report)

Northrim BanCorp, Inc is a bank holding company headquartered in Anchorage, Alaska. Through its subsidiary, Northrim Bank, the company provides banking and financial services to businesses, individuals, and organizations, with a focus on serving Alaska communities.

Northrim Bank offers commercial and consumer lending, commercial real estate financing, residential mortgage lending, deposit accounts, cash-management and treasury services, online and mobile banking, and other traditional banking products.

See Also

Earnings History for Northrim BanCorp (NASDAQ:NRIM)

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