Northrim BanCorp (NASDAQ: NRIM) — Company Overview, News & Financial Data
Northrim BanCorp is a financial institution in Alaska providing banking, investment, and mortgage services with a community focus.
Northrim BanCorp
Northrim BanCorp (NASDAQ:NRIM) is a financial institution focused on providing a broad array of banking, investment, and mortgage services primarily within Alaska. The company takes pride in supporting the financial needs of individuals and businesses alike, with a keen focus on personalized service and community development. Through strategic initiatives, Northrim BanCorp aims to expand its footprint, invest in technology to enhance customer service, and continually improve its product offerings to meet the evolving needs of its clientele. With a dedication to financial stability and growth, Northrim's objectives center on creating long-term value for its shareholders, fostering strong community relations, and contributing positively to the economic development of the regions it serves.
Snapshot
Operations
Products and/or services of Northrim BanCorp
- Commercial banking services offering loans and deposit products to businesses and individuals.
- Residential mortgage lending providing a variety of home loan options.
- Construction lending services for commercial and residential projects.
- SBA lending, supporting small businesses with government-backed loans.
- Alaska's Small Business Resource Center, offering financial advice and resources to local entrepreneurs.
- Wealth management and personal banking services tailored for individual financial needs.
Northrim BanCorp executive team
- Michael G. HustonPresident, COO, CEO & Chairman of the Board
- Jed W. BallardExecutive VP & CFO
- Mark D. EdwardsExecutive VP, Chief Credit Officer & Bank Economist
- Amber R. ZinsExecutive VP & COO of Northrim Bank
- Jason CriquiExecutive VP & Chief Banking Officer
- Nathan ReedExecutive VP & Chief Information Officer
- Caroline HuntleyMarketing Officer
- Kari SkinnerSenior VP & Marketing and Communications Director
- Latosha M. FryeSenior VP & Corporate Accounting Manager
- Jeanine LilloController
Latest news about Northrim BanCorp
Dividend history
Dividends per share paid by Northrim BanCorp, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $0.4900 |
| FY2025 | — | — | — | $0.6400 |
| FY2024 | — | — | — | $0.6150 |
| FY2023 | — | — | — | $0.6000 |
| FY2022 | — | — | — | $0.4550 |
Key financials
Reported results for Northrim BanCorp, in USD.
- Market cap
- 533.9M
- Revenue (TTM)
- 202.8M
- P/E ratio
- 9.8
- EPS (diluted, TTM)
- 2.5
- Dividend yield
- 2.7%
- Profit margin
- 27.6%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 242.5M | 86.1M | 64.6M | |
| 196M | 47M | 37M | |
| 158.3M | 31.6M | 25.4M | |
| 134.4M | 38.5M | 30.7M |