Northrim BanCorp (NRIM) Set to Release Earnings on Wednesday

Key Points

• Northrim BanCorp is expected to report Q3 2026 results after market close on Wednesday, October 28. Analysts forecast earnings of $0.70 per share and revenue of $55.80 million.
• In the prior quarter, the company reported EPS of $0.60, missing estimates by $0.10, while revenue of $57.41 million exceeded expectations. Analysts project fiscal-year EPS of $2.68.
• Northrim raised its quarterly dividend to $0.17, implying a 2.9% yield, while analysts maintain a “Moderate Buy” consensus and an average price target of $29.50.

Northrim BanCorp (NASDAQ:NRIM - Get Free Report) is expected to release its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $0.70 per share and revenue of $55.80 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 15, 2026 at 4:00 PM ET.

Northrim BanCorp (NASDAQ:NRIM - Get Free Report) last announced its quarterly earnings results on Thursday, October 15th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by ($0.10). The firm had revenue of $57.41 million for the quarter, compared to analyst estimates of $55.80 million. Northrim BanCorp had a return on equity of 16.25% and a net margin of 22.02%. On average, analysts expect Northrim BanCorp to post $2.68 EPS for the current fiscal year and $2.80 EPS for the next fiscal year.

Northrim BanCorp Stock Up 1.8%

NRIM stock opened at $23.72 on Wednesday. The firm has a market cap of $527.77 million, a PE ratio of 9.60 and a beta of 0.90. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.91 and a current ratio of 0.94. The firm's 50 day moving average price is $25.32 and its 200-day moving average price is $25.49. Northrim BanCorp has a one year low of $20.70 and a one year high of $30.82.

Northrim BanCorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Thursday, September 10th were given a $0.17 dividend. The ex-dividend date was Thursday, September 10th. This is a positive change from Northrim BanCorp's previous quarterly dividend of $0.16. This represents a $0.68 annualized dividend and a yield of 2.9%. Northrim BanCorp's dividend payout ratio (DPR) is currently 27.53%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on NRIM. Hovde Group initiated coverage on Northrim BanCorp in a research note on Tuesday, September 8th. They set an "outperform" rating and a $30.00 target price for the company. Keefe, Bruyette & Woods decreased their price target on Northrim BanCorp from $30.00 to $29.00 and set a "market perform" rating on the stock in a research note on Monday. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Northrim BanCorp in a report on Friday, September 11th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $29.50.

Insider Activity at Northrim BanCorp

In related news, Director Linda Thomas purchased 1,200 shares of Northrim BanCorp stock in a transaction dated Tuesday, September 8th. The shares were acquired at an average cost of $26.20 per share, with a total value of $31,440.00. Following the purchase, the director owned 6,688 shares of the company's stock, valued at approximately $175,225.60. The trade was a 21.87% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Jed Ballard sold 3,492 shares of the business's stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $25.91, for a total transaction of $90,477.72. Following the completion of the sale, the executive vice president directly owned 26,835 shares in the company, valued at $695,294.85. This trade represents a 11.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 18,180 shares of company stock valued at $477,724 in the last ninety days. Insiders own 2.40% of the company's stock.

About Northrim BanCorp

Northrim BanCorp, Inc is a bank holding company headquartered in Anchorage, Alaska. Through its subsidiary, Northrim Bank, the company provides banking and financial services to businesses, individuals, and organizations, with a focus on serving Alaska communities.

Northrim Bank offers commercial and consumer lending, commercial real estate financing, residential mortgage lending, deposit accounts, cash-management and treasury services, online and mobile banking, and other traditional banking products.

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