Northrim BanCorp (NRIM) to Release Quarterly Earnings on Wednesday

Key Points

• Northrim BanCorp will report Q1 2026 results before the market opens on Wednesday, April 22, with analysts forecasting $0.55 EPS and $50.60 million in revenue; a conference call is scheduled for Thursday, April 23 at 4:00 PM ET.
• The company missed the prior quarter’s estimates (reported $0.54 EPS vs. $0.64 expected and $51.66M revenue vs. $52.70M expected), while analysts project about $8.00 EPS for the current and next fiscal years.
• Northrim trades at a P/E of 8.55

Northrim BanCorp (NASDAQ:NRIM - Get Free Report) is projected to issue its Q1 2026 results before the market opens on Wednesday, April 22nd. Analysts expect the company to announce earnings of $0.55 per share and revenue of $50.60 million for the quarter. Parties can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, April 23, 2026 at 4:00 PM ET.

Northrim BanCorp (NASDAQ:NRIM - Get Free Report) last issued its earnings results on Friday, January 23rd. The financial services provider reported $0.54 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.10). Northrim BanCorp had a net margin of 25.17% and a return on equity of 17.66%. The business had revenue of $51.66 million for the quarter, compared to analysts' expectations of $52.70 million. On average, analysts expect Northrim BanCorp to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Northrim BanCorp Stock Performance

Shares of NRIM opened at $24.53 on Wednesday. The business's fifty day simple moving average is $23.97 and its two-hundred day simple moving average is $24.32. The company has a current ratio of 0.93, a quick ratio of 0.90 and a debt-to-equity ratio of 0.25. Northrim BanCorp has a 12 month low of $17.67 and a 12 month high of $30.82. The company has a market cap of $542.85 million, a price-to-earnings ratio of 8.55 and a beta of 0.91.

Northrim BanCorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Thursday, March 5th were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 2.6%. The ex-dividend date was Thursday, March 5th. Northrim BanCorp's dividend payout ratio (DPR) is currently 22.30%.

Analysts Set New Price Targets

NRIM has been the topic of several recent analyst reports. Wall Street Zen downgraded Northrim BanCorp from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Weiss Ratings reiterated a "buy (b)" rating on shares of Northrim BanCorp in a research note on Wednesday, December 24th. Finally, Zacks Research downgraded Northrim BanCorp from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 12th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Northrim BanCorp currently has an average rating of "Moderate Buy" and a consensus price target of $33.00.

Insider Activity

In other news, CEO Michael G. Huston purchased 1,500 shares of the company's stock in a transaction dated Thursday, January 29th. The shares were purchased at an average cost of $22.80 per share, for a total transaction of $34,200.00. Following the purchase, the chief executive officer directly owned 83,252 shares in the company, valued at approximately $1,898,145.60. This represents a 1.83% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders acquired 2,790 shares of company stock valued at $64,179. Company insiders own 3.90% of the company's stock.

Hedge Funds Weigh In On Northrim BanCorp

A number of institutional investors and hedge funds have recently modified their holdings of NRIM. CANADA LIFE ASSURANCE Co boosted its stake in shares of Northrim BanCorp by 298.0% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 1,568 shares of the financial services provider's stock worth $34,000 after buying an additional 1,174 shares during the last quarter. Quarry LP boosted its stake in shares of Northrim BanCorp by 47.7% in the 4th quarter. Quarry LP now owns 1,275 shares of the financial services provider's stock worth $34,000 after buying an additional 412 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in shares of Northrim BanCorp by 227.2% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,816 shares of the financial services provider's stock worth $39,000 after buying an additional 1,261 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Northrim BanCorp by 300.0% in the 3rd quarter. Legal & General Group Plc now owns 2,204 shares of the financial services provider's stock worth $48,000 after buying an additional 1,653 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Northrim BanCorp by 34.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 538 shares of the financial services provider's stock worth $50,000 after buying an additional 138 shares during the last quarter. 65.99% of the stock is currently owned by hedge funds and other institutional investors.

Northrim BanCorp Company Profile

Northrim BanCorp is the bank holding company for Northrim Bank, a community bank headquartered in Anchorage, Alaska. The company offers a comprehensive suite of personal and commercial banking products and services, including checking and savings accounts, consumer and commercial loans, mortgage financing, and treasury and cash management solutions.

With branches located across Alaska's major population centers—such as Anchorage, Fairbanks and Juneau—Northrim serves both urban and rural communities.

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