Northrim BanCorp Future Growth

Future criteria checks 0/6

Northrim BanCorp's earnings are forecast to decline at 2.4% per annum. EPS is expected to decline by 2.7% per annum.

Key information

-2.4%

Earnings growth rate

-2.7%

EPS growth rate

Banks earnings growth	10.4%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	Low
Last updated	05 Aug 2024

Recent future growth updates

Recent updates

Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's

Jan 30

Northrim BanCorp: Margin's High Rate-Sensitivity To Benefit Earnings

Oct 05

Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's

Aug 29

Northrim BanCorp raises dividend by 22% to $0.50

Aug 26

Northrim BanCorp: High Oil Prices, Interest Rates To Salvage Earnings

Jul 21

Northrim: A Cheap Alaskan Bank Faces Some Headwinds In 2022

May 07

Northrim BanCorp: Topline Growth To Counter Mortgage Refinancing Normalization

Feb 17

Northrim BanCorp: Regional Economy, Company-Specific Factors Likely To Limit Earnings

Oct 26

Northrim BanCorp's (NASDAQ:NRIM) Dividend Will Be Increased To US$0.38

Aug 30

Northrim BanCorp: Strong Loan Growth, Subdued Credit Costs To Lift Earnings

Jul 22

Northrim BanCorp declares $0.37 dividend

May 28

Shareholders Will Probably Not Have Any Issues With Northrim BanCorp, Inc.'s (NASDAQ:NRIM) CEO Compensation

May 22

Northrim BanCorp EPS beats by $0.54

Apr 26

Should You Buy Northrim BanCorp, Inc. (NASDAQ:NRIM) For Its Upcoming Dividend?

Mar 05

If You Like EPS Growth Then Check Out Northrim BanCorp (NASDAQ:NRIM) Before It's Too Late

Feb 22

Earnings and Revenue Growth Forecasts

NasdaqGS:NRIM - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2024	136	32	13	17	N/A
3/31/2024	130	29	23	29	N/A
12/31/2023	126	25	33	39	N/A
9/30/2023	126	27	19	26	N/A
6/30/2023	128	29	35	40	N/A
3/31/2023	127	28	59	63	N/A
12/31/2022	125	31	74	78	N/A
9/30/2022	126	30	76	79	N/A
6/30/2022	124	29	57	59	N/A
3/31/2022	129	33	85	87	N/A
12/31/2021	137	38	109	112	N/A
9/30/2021	142	40	62	64	N/A
6/30/2021	148	42	76	79	N/A
3/31/2021	148	44	23	25	N/A
12/31/2020	132	33	-40	-36	N/A
9/30/2020	120	27	-9	-5	N/A
6/30/2020	110	23	-33	-30	N/A
3/31/2020	100	17	-31	-27	N/A
12/31/2019	103	21	-4	-1	N/A
9/30/2019	102	21	1	5	N/A
6/30/2019	97	19	16	20	N/A
3/31/2019	95	20	25	29	N/A
12/31/2018	93	20	21	25	N/A
9/30/2018	87	15	15	22	N/A
6/30/2018	90	16	4	10	N/A
3/31/2018	90	13	N/A	3	N/A
12/31/2017	91	13	N/A	19	N/A
9/30/2017	96	17	N/A	33	N/A
6/30/2017	95	14	N/A	25	N/A
3/31/2017	97	15	N/A	33	N/A
12/31/2016	97	14	N/A	20	N/A
9/30/2016	98	15	N/A	1	N/A
6/30/2016	98	17	N/A	28	N/A
3/31/2016	98	18	N/A	40	N/A
12/31/2015	100	18	N/A	11	N/A
9/30/2015	98	20	N/A	4	N/A
6/30/2015	90	19	N/A	-5	N/A
3/31/2015	83	18	N/A	6	N/A
12/31/2014	74	17	N/A	20	N/A
9/30/2014	64	13	N/A	17	N/A
6/30/2014	61	13	N/A	13	N/A
3/31/2014	57	12	N/A	10	N/A
12/31/2013	58	12	N/A	19	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NRIM's earnings are forecast to decline over the next 3 years (-2.4% per year).

Earnings vs Market: NRIM's earnings are forecast to decline over the next 3 years (-2.4% per year).

High Growth Earnings: NRIM's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if NRIM's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if NRIM's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if NRIM's Return on Equity is forecast to be high in 3 years time

Northrim BanCorp Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 25% to US$70.00

Price target increased to US$62.00

Price target increased to US$50.00

Price target increased to US$50.00

Recent updates

Northrim BanCorp (NASDAQ:NRIM) Is Paying Out A Larger Dividend Than Last Year

Second quarter dividend of US$0.62 announced

Northrim Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on September 13, 2024

Price target increased by 25% to US$70.00

Second quarter 2024 earnings released: EPS: US$1.64 (vs US$0.99 in 2Q 2023)

Now 22% undervalued

Investor sentiment improves as stock rises 19%

First quarter dividend of US$0.61 announced

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend, Payable on June 14, 2024

Northrim BanCorp: Still Marginally Attractive Despite Some Weak Spots

First quarter 2024 earnings released: EPS: US$1.49 (vs US$0.85 in 1Q 2023)

Northrim BanCorp, Inc., Annual General Meeting, May 23, 2024

Northrim BanCorp, Inc. Announces CEO Changes

Northrim BanCorp, Inc. Names Mike Huston as President and Chief Operating Officer

Full year 2023 earnings released: EPS: US$4.53 (vs US$5.33 in FY 2022)

Insufficient new directors

Upcoming dividend of US$0.61 per share

Investor sentiment improves as stock rises 16%

Northrim BanCorp, Inc. Announces Resignation of David G. Wight as Board of Directors

Northrim BanCorp: The Golden Moment Continues

Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's

Fourth quarter dividend increased to US$0.61

Full year 2023 earnings released: EPS: US$4.53 (vs US$5.33 in FY 2022)

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend, Payable on March 15, 2024

Chairman exercised options and sold US$110k worth of stock

Upcoming dividend of US$0.60 per share at 4.6% yield

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend, Payable on December 22, 2023

Chairman exercised options and sold US$69k worth of stock

Northrim BanCorp, Inc. Announces Dividend for the Third Quarter 2023

Third quarter 2023 earnings released: EPS: US$1.50 (vs US$1.78 in 3Q 2022)

Upcoming dividend of US$0.60 per share at 5.6% yield

Northrim Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on September 15, 2023

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$0.99 (vs US$0.83 in 2Q 2022)

Upcoming dividend of US$0.60 per share at 6.4% yield

Northrim Bancorp, Inc. Declares Regular Quarterly Cash Dividend, Payable on June 16, 2023

Chairman recently bought US$72k worth of stock

Independent Director recently bought US$94k worth of stock

Full year 2022 earnings released: EPS: US$5.33 (vs US$6.07 in FY 2021)

Northrim BanCorp, Inc. Appoints Marilyn F. Romano to Board of Directors

Full year 2022 earnings released: EPS: US$5.33 (vs US$6.07 in FY 2021)

Independent Director recently sold US$82k worth of stock

Independent Director notifies of intention to sell stock

Upcoming dividend of US$0.50 per share

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend, Payable on December 23, 2022

Price target increased to US$62.00

Insufficient new directors

Chairman exercised options and sold US$68k worth of stock

Third quarter 2022 earnings released: EPS: US$1.78 (vs US$1.43 in 3Q 2021)

Northrim BanCorp: Margin's High Rate-Sensitivity To Benefit Earnings

Independent Director recently bought US$51k worth of stock

Upcoming dividend of US$0.50 per share

Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's

Northrim Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on September 16, 2022

Northrim BanCorp raises dividend by 22% to $0.50

Northrim BanCorp, Inc. Announces Net Loan Charge-Offs for the Second Quarter of 2022

Second quarter 2022 earnings released: EPS: US$0.83 (vs US$1.34 in 2Q 2021)

Northrim BanCorp: High Oil Prices, Interest Rates To Salvage Earnings

Northrim BanCorp, Inc.(NasdaqGS:NRIM) dropped from Russell 2000 Value-Defensive Index

Upcoming dividend of US$0.41 per share

Northrim Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on June 17, 2022

Independent Director recently bought US$82k worth of stock

Northrim: A Cheap Alaskan Bank Faces Some Headwinds In 2022

First quarter 2022 earnings released: EPS: US$1.22 (vs US$1.96 in 1Q 2021)

Price target increased to US$50.00

Insufficient new directors

Northrim BanCorp, Inc., Annual General Meeting, May 26, 2022

Full year 2021 earnings: EPS misses analyst expectations

Independent Director recently bought US$108k worth of stock

Price target increased to US$50.00

Northrim BanCorp, Inc. Declares Regular Quarterly Cash Dividend, Payable on March 18, 2022