Northrim BanCorp Dividends and Buybacks
Dividend criteria checks 5/6
Northrim BanCorp is a dividend paying company with a current yield of 3.14% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 19th December, 2024.
Key information
3.1%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 5.1% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 19 Dec 24 |
| Dividend per share | US$2.480 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Northrim BanCorp (NASDAQ:NRIM) Is Paying Out A Larger Dividend Than Last Year
Aug 29
Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's
Jan 30Recent updates
Northrim BanCorp: Rosy Earnings Outlook Appears Priced-In
Oct 20Northrim BanCorp (NASDAQ:NRIM) Is Paying Out A Larger Dividend Than Last Year
Aug 29Northrim BanCorp: Still Marginally Attractive Despite Some Weak Spots
May 13Northrim BanCorp: The Golden Moment Continues
Jan 31Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's
Jan 30Northrim BanCorp: Margin's High Rate-Sensitivity To Benefit Earnings
Oct 05Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's
Aug 29Northrim BanCorp raises dividend by 22% to $0.50
Aug 26Northrim BanCorp: High Oil Prices, Interest Rates To Salvage Earnings
Jul 21Northrim: A Cheap Alaskan Bank Faces Some Headwinds In 2022
May 07Northrim BanCorp: Topline Growth To Counter Mortgage Refinancing Normalization
Feb 17Northrim BanCorp: Regional Economy, Company-Specific Factors Likely To Limit Earnings
Oct 26Northrim BanCorp's (NASDAQ:NRIM) Dividend Will Be Increased To US$0.38
Aug 30Northrim BanCorp: Strong Loan Growth, Subdued Credit Costs To Lift Earnings
Jul 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NRIM's dividends per share have been stable in the past 10 years.
Growing Dividend: NRIM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Northrim BanCorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NRIM) | 3.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (NRIM) (up to 3 years) | 3.2% |
Notable Dividend: NRIM's dividend (3.14%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: NRIM's dividend (3.14%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.5%), NRIM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NRIM's dividends in 3 years are forecast to be well covered by earnings (30.7% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:56 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Northrim BanCorp, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Martin | FIG Partners |
| Brett Rabatin | Hovde Group, LLC |
| Brian Martin | Janney Montgomery Scott LLC |