NRIM · NASDAQ · Banks - Regional

Northrim BanCorp (NRIM)

Runs an Alaska-centered bank with mortgage lending and working-capital finance.

$25.79
At close+0.41 (+1.62%)
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Northrim BanCorp, Inc.NRIMFinancials

Operates a bank holding company built around Northrim Bank, with Community Banking, Home Mortgage Lending, and Specialty Finance. Revenue is rooted in Alaska lending and deposits, while Residential Mortgage and Sallyport-linked working-capital finance add adjacent earnings streams.

Operates through Northrim Bank, a state-chartered commercial bank headquartered in Anchorage. Community Banking is the core franchise, serving Alaska businesses and households through branches, deposits, and lending relationships.

Adds Home Mortgage Lending through Residential Mortgage, which serves Alaska and has expanded into Arizona, Colorado, and the Pacific Northwest. Specialty Finance includes Northrim Funding Services and Sallyport Commercial Finance, adding factoring, asset-based lending, and alternative working-capital lending.

Execution is built around local Alaska banking, mortgage origination, and specialty credit acquired through Sallyport. The business depends on Alaska loan and deposit demand, residential mortgage activity, and credit performance across working-capital finance.

Company facts

CEOMichael G. Huston
ListedNov 15, 1990
ExchangeNASDAQ
HeadquartersAnchorage, AK
CountryUnited States
Employees516
CIK0001163370
ISINUS6667621097

Market cap$573.7M
EPS (ttm)$3.04
P/E (ttm)8.48
ROE20.7%
P/B1.65
P/S2.30
Dividend yieldDiv yield2.48%
Beta0.65vs XLF 1.15

No analyst consensus on record.

Next report
Oct 28, 2026
estimated · in 55 days
EPS estimate
$0.68
Revenue estimate
$55.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$0.49$0.60$0.52$0.72$0.54$0.61$0.68Pending
Estimate$0.42$0.57$0.64$0.64$0.53$0.61$0.68
Surprise+43.3%−8.5%+13.4%−15.6%+15.1%+11.5%

RevenueReportedEstimate

Mar '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$54.8M$45.5M$50.2M$52.4M$51.7M$49.5M$53.9MPending
Estimate$44.1M$49.7M$51.0M$52.7M$50.6M$51.8M$55.6M
Surprise+3.2%+1.1%+2.7%−2.0%−2.1%+4.0%
Estimate$0.68
ReportedDue Oct 28, 2026
Estimate$55.6M
ReportedDue Oct 28, 2026
View details

Debt to equity26.80%
Current ratio6,192.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$51.0M$54.8M$55.8M$61.4M$63.0M$62.3M$59.8M$63.9M
Net income$8.8M$10.9M$13.3M$11.8M$27.1M$12.4M$13.7M$15.3M
Net margin17.3%19.9%23.9%19.2%43.0%20.0%22.9%24.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$11.6M$13.3M$17.6M$15.8M$34.6M$18.2M$18.0M$20.2M
YoY growth+13.4%+59.4%+67.3%+36.4%+197.0%+37.1%+2.2%+28.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $626.3M · Total debt $93.0M · Total assets $3.42B · Shareholders' equity $347.6M

Revenue
$63.9M
Operating income
$20.2M
Net income
$15.3M
View details

Next ex-date
Sep 10, 2026
in 7 days
Annual dividend
$0.64
per share
Dividend yield
2.48%
Schedule
Quarterly
4 payments a year

Raised for 16 straight years — most recently to $0.17 from $0.16, declared for Sep 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Sep 10, 2026Sep 10Sep 18$0.17upcoming · raised from $0.16
Jun 11, 2026Jun 11Jun 18$0.16
Mar 5, 2026Mar 5Mar 13$0.16
Dec 18, 2025Dec 18Dec 26$0.16
Sep 4, 2025Sep 4Sep 12$0.64
Jun 5, 2025Jun 5Jun 13$0.64
Mar 6, 2025Mar 6Mar 14$0.64raised from $0.62
Dec 19, 2024Dec 19Dec 27$0.62
Sep 5, 2024Sep 5Sep 13$0.62raised from $0.61
View details

Institutions158 holders · as of Jun 30, 202674.43%16.56M shares
Insiders13 holders · as of Aug 31, 20262.21%491.6K shares
Otherremainder23.36%5.20M shares

22.24M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
BlackRock, Inc.Institution
13.16%2.93M13Fas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
5.44%1.21M13Fas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.26%948,55913Fas of Jun 30, 2026
American Century Companies IncInstitution
3.86%857,67113Fas of Jun 30, 2026
Geode Capital Management, LLCInstitution
3.67%815,36113Fas of Jun 30, 2026
See all 25

13F — a manager's quarterly holdings

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 31, 2026Anthony Drabekdirector−1,200$25.52
Aug 28, 2026Jed W. Ballardofficer: EVP, CFO−3,492$25.91
Jul 31, 2026Jason Alexander Criquiofficer: EVP, CBO of Northrim Bank−13,488$26.44
Aug 3, 2026Mark Douglas Edwardsofficer: EVP, CCO of Northrim Bank−2,000$27.00
Jul 31, 2026Mark Douglas Edwardsofficer: EVP, CCO of Northrim Bank−2,000$26.33
View details

  • Wells Fargo

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Compare

CompanyPriceChange
Northrim BanCorp$25.79+1.62%$573.7M8.510.12.3+7.3%
Wells Fargo$89.36+0.09%$269.98B12.911.92.1+8.6%
KeyCorp$21.83+0.16%$23.53B12.711.12.2+7.3%
Median12.811.52.2+8.0%