NASDAQ:NRIMNorthrim BanCorp Stock Price, Forecast & News

Northrim BanCorp's stock was trading at $28.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NRIM stock has decreased by 20.8% and is now trading at $22.31. View which stocks have been most impacted by Coronavirus.

Northrim BanCorp is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Northrim BanCorp.

Northrim BanCorp, Inc. (NASDAQ:NRIM) posted its earnings results on Monday, April, 27th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.31. The financial services provider had revenue of $22.12 million for the quarter, compared to analyst estimates of $24.10 million. Northrim BanCorp had a net margin of 16.31% and a return on equity of 8.54%. View Northrim BanCorp's earnings history.

Northrim BanCorp declared a quarterly dividend on Monday, June 1st. Investors of record on Thursday, June 11th will be given a dividend of $0.34 per share on Friday, June 19th. This represents a $1.36 annualized dividend and a yield of 6.10%. The ex-dividend date is Wednesday, June 10th. View Northrim BanCorp's dividend history.

News coverage about NRIM stock has been trending very negative this week, according to InfoTrie. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Northrim BanCorp earned a news impact score of -3.2 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Northrim BanCorp.

Northrim BanCorp saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 28,700 shares, a decrease of 36.8% from the June 15th total of 45,400 shares. Based on an average daily volume of 31,200 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% of the shares of the company are short sold. View Northrim BanCorp's Current Options Chain.

Some companies that are related to Northrim BanCorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Northrim BanCorp investors own include Walt Disney (DIS), Cisco Systems (CSCO), Pfizer (PFE), Verizon Communications (VZ), Boeing (BA), Enterprise Products Partners (EPD), Gilead Sciences (GILD), Altria Group (MO), Wells Fargo & Co (WFC) and Exxon Mobil (XOM).

Northrim BanCorp trades on the NASDAQ under the ticker symbol "NRIM."

Northrim BanCorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (1.77%) and Wedge Capital Management L L P NC (0.37%). Company insiders that own Northrim BanCorp stock include Aaron Michael Schutt, Anthony Drabek, David G Wight, David W Karp, John C Swalling, Karl L Hanneman, Krystal Murphy Nelson and Linda C Thomas. View institutional ownership trends for Northrim BanCorp.

NRIM stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, and Dalton Greiner Hartman Maher & Co.. Company insiders that have bought Northrim BanCorp stock in the last two years include Aaron Michael Schutt, Anthony Drabek, David G Wight, David W Karp, John C Swalling, Karl L Hanneman, Krystal Murphy Nelson, and Linda C Thomas. View insider buying and selling activity for Northrim BanCorp.

Shares of NRIM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NRIM stock can currently be purchased for approximately $22.31.

Northrim BanCorp has a market capitalization of $142.11 million and generates $107.43 million in revenue each year. The financial services provider earns $20.69 million in net income (profit) each year or $3.04 on an earnings per share basis. Northrim BanCorp employs 430 workers across the globe.

The official website for Northrim BanCorp is www.northrim.com.

Northrim BanCorp's mailing address is 3111 C Street, ANCHORAGE AK, 99503. The financial services provider can be reached via phone at 907-562-0062 or via email at [email protected]