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NRIM - Northrim BanCorp, Inc.

Financials

Price History

About

Industry

Banks - Regional

Employees

516

Headquarters

United States


Company Overview

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.

Price

$22.88

52-Week Range

$16 $31

Dividend Yield

2.79%

Dividend Score

B

Dividend

Yield 2.79%
Annual $0.64
Payout 22%
5Y Avg 3.71%

Valuation

P/E (TTM) 8.1
Fwd P/E 8.2
P/B 1.55
PEG N/A

Profitability

Profit Margin 30.9%
Op Margin 34.5%
ROE 21.8%
ROA 2.0%

Financial Health

Current Ratio N/A
Quick Ratio N/A
Debt/Equity N/A

Cash Flow

Free CF N/A
Op CF $139M
Total Cash $155M

Analyst Consensus

None

2 analysts

Target: $31 $31 - $31
+35.5% implied

Dividend Growth

Most Recent Annual Growth

4.07%

3-Year Avg Growth

12.81%

5-Year Avg Growth

13.69%

Annual Dividends

Year-over-Year Growth

Recent Dividend History

Ex-Dividend Date Amount
Mar 05, 2026 $0.1600
Dec 18, 2025 $0.1600
Sep 04, 2025 $0.1600
Jun 05, 2025 $0.1600
Mar 06, 2025 $0.1600
Dec 19, 2024 $0.1550
Sep 05, 2024 $0.1550
Jun 06, 2024 $0.1525
Mar 06, 2024 $0.1525
Dec 13, 2023 $0.1500
Sep 06, 2023 $0.1500
Jun 07, 2023 $0.1500
Mar 08, 2023 $0.1500
Dec 14, 2022 $0.1250
Sep 07, 2022 $0.1250
Jun 08, 2022 $0.1025
Mar 09, 2022 $0.1025
Dec 15, 2021 $0.0950
Sep 08, 2021 $0.0950
Jun 09, 2021 $0.0925

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