Northrim BanCorp
NRIM

$65.35

0.06%

Market Cap: $360M

About: Northrim BanCorp Inc is a bank holding company. The company operates in two segments: Community Banking and Home Mortgage Lending. It generates maximum revenue from the Community Banking segment. It offers to spend and save products such as checking, savings, money market accounts, debit cards, cashback rewards, and credit cards. It also includes loans and credit lines, mortgage loans, investment, and plan products.

Employees: 472

Financials Savings Institution, Federally Chartered

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

600% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 3

23% more funds holding

Funds holding: 79 [Q1] → 97 (+18) [Q2]

13% more capital invested

Capital invested by funds: $186M [Q1] → $210M (+$24M) [Q2]

0.72% less ownership

Funds ownership: 67.0% [Q1] → 66.28% (-0.72%) [Q2]

21% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 33

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for NRIM.

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about NRIM published over the past 30 days

15 Upcoming Dividend Increases Including A King

This week, 15 companies, including Dividend King Stanley Black & Decker, are set to increase dividends, with SWK extending its 57-year streak by 1.2%. My strategy focuses on buying, holding, and adding companies that consistently increase dividends and outperform benchmarks, using SCHD as a performance gauge. The list of dividend increases is curated by merging data from the "U.S. Dividend Champions" spreadsheet and NASDAQ, emphasizing companies with at least five years of dividend growth.

15 Upcoming Dividend Increases Including A King

Zacks Investment Research

Looking for Yield? 4 Stocks Announce Dividend Hikes

Stocks like Napco Security Technologies (NSSC), Northrim BanCorp (NRIM), Intuit (INTU) and SS&C Technologies (SSNC) recently announced dividend hikes.

Looking for Yield? 4 Stocks Announce Dividend Hikes

Zacks Investment Research

Northrim Bancorp (NRIM) Hikes Quarterly Cash Dividend by 1.6%

Northrim Bancorp (NRIM) raises quarterly dividend by 1.6% to 62 cents per share. A solid balance sheet is likely to keep its capital distributions sustainable.

Northrim Bancorp (NRIM) Hikes Quarterly Cash Dividend by 1.6%

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.62 per Share

ANCHORAGE, Alaska, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.62 per share. The dividend will be payable on September 13, 2024, to shareholders of record at the close of business on September 5, 2024.

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.62 per Share

Zacks Investment Research

Northrim (NRIM) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

After losing some value lately, a hammer chart pattern has been formed for Northrim (NRIM), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Northrim (NRIM) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

Northrim BanCorp: A Very Interesting Bank, But Currently Not Cheap Enough

NRIM's price per share has dropped 6.50% since Q2 2024 earnings release, possibly due to uncertainty about future interest rates. The loan portfolio is growing, with a focus on riskier commercial loans, but NPLs remain low due to excellent credit risk management. NRIM's low cost of deposits and improving NIM, along with shareholder remuneration focus, make it an interesting bank despite high valuation.

Northrim BanCorp: A Very Interesting Bank, But Currently Not Cheap Enough

Zacks Investment Research

Why Northrim BanCorp (NRIM) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Northrim BanCorp (NRIM) have what it takes?

Why Northrim BanCorp (NRIM) is a Top Dividend Stock for Your Portfolio

Zacks Investment Research

Northrim BanCorp (NRIM) Tops Q2 Earnings and Revenue Estimates

Northrim BanCorp (NRIM) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $0.98 per share a year ago.

Northrim BanCorp (NRIM) Tops Q2 Earnings and Revenue Estimates

Northrim BanCorp Earns $9.0 Million, or $1.62 Per Diluted Share, in Second Quarter 2024

ANCHORAGE, Alaska, July 24, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $9.0 million, or $1.62 per diluted share, in the second quarter of 2024, compared to $8.2 million, or $1.48 per diluted share, in the first quarter of 2024, and $5.6 million, or $0.98 per diluted share, in the second quarter a year ago. The increase in second quarter 2024 profitability as compared to the prior quarter and the second quarter a year ago was primarily the result of an increase in mortgage banking income and higher net interest income, as well as a lower provision for credit losses.

Northrim BanCorp Earns $9.0 Million, or $1.62 Per Diluted Share, in Second Quarter 2024

Zacks Investment Research

Northrim BanCorp (NRIM) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Northrim BanCorp (NRIM) have what it takes?

Northrim BanCorp (NRIM) Could Be a Great Choice

See News Rankings