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2025-05-23 09:00:00 | Northrim Bancorp, Inc. Declares Quarterly Cash Dividend Of $0.64 Per Share Anchorage, alaska, may 23, 2025 (globe newswire) -- northrim bancorp, inc. (nasdaq: nrim) today announced that the board of directors declared a regular quarterly cash dividend of $0.64 per share. the dividend will be payable on june 13, 2025, to shareholders of record at the close of business on june 5, 2025. |
2025-04-23 16:15:00 | Northrim Bancorp Earns $13.3 Million, Or $2.38 Per Diluted Share, In First Quarter 2025 Anchorage, alaska, april 23, 2025 (globe newswire) -- northrim bancorp, inc. (nasdaq:nrim) (โnorthrimโ or the โcompanyโ) today reported net income of $13.3 million, or $2.38 per diluted share, in the first quarter of 2025, compared to $10.9 million, or $1.95 per diluted share, in the fourth quarter of 2024, and $8.2 million, or $1.48 per diluted share, in the first quarter a year ago. the increase in first quarter 2025 profitability as compared to the first quarter a year ago was primarily the result of an increase in purchased receivable income, higher net interest income, increased mortgage banking income, and a benefit for the provision for credit losses, which were only partially offset by higher other operating expenses. purchased receivable income increased primarily due to the companyโs acquisition of sallyport commercial finance, llc (โsallyport or scfโ), which was completed on october 31, 2024. sallyport and its direct and indirect subsidiaries provide services and products related to purchased receivable factoring and asset-based lending in the united states, canada, and the united kingdom. |
2025-01-27 09:00:00 | Northrim Bancorp, Inc. Declares Quarterly Cash Dividend Of $0.64 Per Share Anchorage, alaska, jan. 27, 2025 (globe newswire) -- northrim bancorp, inc. (nasdaq: nrim) today announced that the board of directors declared a regular quarterly cash dividend of $0.64 per share. the dividend will be payable on march 14, 2025, to shareholders of record at the close of business on march 6, 2025. |
2025-01-24 16:15:00 | Northrim Bancorp Earns $10.9 Million, Or $1.95 Per Diluted Share, In Fourth Quarter 2024, And $37.0 Million, Or $6.62 Per Diluted Share, For The Year Ended December 31, 2024 Anchorage, alaska, jan. 24, 2025 (globe newswire) -- northrim bancorp, inc. (nasdaq:nrim) (โnorthrimโ or the โcompanyโ) today reported net income of $10.9 million, or $1.95 per diluted share, in the fourth quarter of 2024, compared to $8.8 million, or $1.57 per diluted share, in the third quarter of 2024, and $6.6 million, or $1.19 per diluted share, in the fourth quarter a year ago. the increase in the fourth quarter of 2024 compared to the third quarter of 2024 is primarily due to an increase in purchased receivable income due to the companyโs acquisition of sallyport commercial finance, llc (โsallyportโ), which was completed on october 31, 2024. sallyport and its direct and indirect subsidiaries provide services and products related to factoring and asset-based lending in the united states, canada, and the united kingdom. additionally, in the fourth quarter of 2024 the company had an increase in mortgage banking income, primarily as a result of an increase in the fair value of a mortgage servicing portfolio that the company purchased from another financial institution in the fourth quarter. the increase profitability in the fourth quarter of 2024 as compared to the same quarter of the prior year was largely driven by an increase in mortgage banking income and higher net interest income, as well as an increase in purchased receivable income as noted above, which was only partially offset by higher other operating expenses and an increase in the provision for credit losses. |
2024-12-06 09:00:00 | Northrim Bancorp, Inc. Declares Quarterly Cash Dividend Of $0.62 Per Share Anchorage, alaska, dec. 06, 2024 (globe newswire) -- northrim bancorp, inc. (nasdaq: nrim) today announced that the board of directors declared a regular quarterly cash dividend of $0.62 per share. the dividend will be payable on december 27, 2024, to shareholders of record at the close of business on december 19, 2024. |
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