NRIM · NASDAQ · Banks - Regional

Northrim BanCorp (NRIM)

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

$24.87
vs last close−0.23 (−0.94%)
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Northrim BanCorp, Inc.NRIM
Financial sector

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$558.3M
EPS (ttm)$3.04
P/E (ttm)8.26
ROE20.7%
P/B1.61
P/S2.24
Dividend yieldDiv yield2.59%
Beta0.62vs XLF 1.14

No analyst consensus on record.

Next report
Oct 28, 26
estimated · in 35 days
EPS estimate
$0.71
Revenue estimate
$55.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$0.49$0.60$0.52$0.72$0.54$0.61$0.68Pending
Estimate$1.23$0.39$0.56$0.62$0.64$0.53$0.61$0.71
Surprise−60.2%+53.8%−7.1%+16.1%−15.6%+15.1%+11.5%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$43.9M$45.5M$50.2M$66.6M$51.7M$49.5M$53.9MPending
Estimate$42.6M$44.1M$48.8M$50.6M$52.7M$50.6M$51.8M$55.8M
Surprise+3.0%+3.2%+2.9%+31.6%−2.0%−2.1%+4.0%
Estimate$0.71
ReportedDue Oct 28, 2026
Estimate$55.8M
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

Dividend yield
2.59%
Next ex-date
Dec 10, 26
estimated · in 78 days
Annual dividend
$0.65
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.155$0.16$0.16$0.16$0.16$0.16$0.16$0.17
Annual yield3.19%3.25%2.87%2.74%2.31%2.70%2.51%2.50%
Ex-dateDec 19Mar 6Jun 5Sep 4Dec 18Mar 5Jun 11Sep 10
Payment dateDec 27Mar 14Jun 13Sep 12Dec 26Mar 13Jun 18Sep 18
View details

Institutions74.39%16.55M shares
158 holders · as of Jun 30, 2026
Insiders2.22%492.8K shares
13 holders · as of Sep 8, 2026
Other23.39%5.20M shares
remainder

22.24M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
13.16%2.93Mas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
5.44%1.21Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.26%948,559as of Jun 30, 2026
American Century Companies IncInstitution
3.86%857,671as of Jun 30, 2026
Geode Capital Management, LLCInstitution
3.67%815,361as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 8, 2026Linda C. Thomasdirector+1,200$26.20
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
View details

  • Wells Fargo

    National bank scale across Alaska deposits, lending, and mortgages

  • KeyCorp

    Alaska deposit rival with regional-bank treasury and wealth reach

Compare

CompanyPriceChange
Northrim BanCorp$24.87−0.94%$558.3M8.39.72.2+7.3%
Wells Fargo$82.37−0.94%$251.45B12.011.01.9+8.6%
KeyCorp$20.40−0.37%$22.11B11.910.42.1+7.3%
Median12.010.72.0+8.0%