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Northrim BanCorp, Inc. Stock Price

NasdaqGS:NRIM Community·US$548.1m Market Cap
  • 0 Narratives written by author
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  • 5 Fair Values set on narratives written by author

NRIM Share Price Performance

US$24.64
2.08 (9.23%)
US$24.64
2.08 (9.23%)
Price US$24.64

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Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.

1 Risk
4 Rewards

Northrim BanCorp, Inc. Key Details

US$211.7m

Revenue

US$0

Cost of Revenue

US$211.7m

Gross Profit

US$146.8m

Other Expenses

US$65.0m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
2.92
100.00%
30.68%
26.7%
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About NRIM

Founded
1990
Employees
516
CEO
Michael Huston
WebsiteView website
www.northrim.com

Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates through three segments: Community Banking, Home Mortgage Lending, and Specialty Finance. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts. It also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short and medium-term working capital. In addition, the company offers consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, it provides mobile web and app banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox services, card control, corporate purchase cards, integrated payables, home equity advantage access cards, telebanking, and automated teller services. Additionally, the company offers personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment, external transfer, bill pay, wire transfer, direct payroll deposit, electronic tax payment, automated clearing house origination and receipt, remote deposit capture, account reconciliation and positive pay, merchant, cash management, annuity, and long-term investment portfolio products and services. It also provides investment advisory, trust, wealth management, factoring, and mortgage services. The company was founded in 1990 and is headquartered in Anchorage, Alaska.

Recent NRIM News & Updates

Seeking Alpha Apr 06

Northrim BanCorp Is Still Worth Banking On

Summary 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%). High uninsured deposit exposure (38%) and elevated price-to-book multiples are risks, but overall profitability and balance sheet growth support continued bullishness. Read the full article on Seeking Alpha

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