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Northrim Bancorp
Northrim Bancorp

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Financial services / Regional banking and financial services


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๐Ÿ“ข Press Releases

Date Press release
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) (โ€œnorthrimโ€ or the โ€œcompanyโ€) 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 companyโ€™s acquisition of sallyport commercial finance, llc (โ€œsallyport 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) (โ€œnorthrimโ€ or the โ€œcompanyโ€) 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 companyโ€™s acquisition of sallyport commercial finance, llc (โ€œsallyportโ€), 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.
2024-11-01 09:15:00 Tm9ydGhyaW 0gQmFuY29y cCBBbm5vdW 5jZXMgQWNx dWlzaXRpb2 4gT2YgU2Fs bHlwb3J0IE NvbW1lcmNp YWwgRmluYW 5jZSwgTGxj
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2024-10-23 19:11:00 Tm9ydGhyaW 0gQmFuY29y cCBFYXJucy AkOC44IE1p bGxpb24sIE 9yICQxLjU3 IFBlciBEaW x1dGVkIFNo YXJlLCBJbi BUaGlyZCBR dWFydGVyID IwMjQ=
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2024-08-23 09:00:00 Tm9ydGhyaW 0gQmFuY29y cCwgSW5jLi BEZWNsYXJl cyBRdWFydG VybHkgQ2Fz aCBEaXZpZG VuZCBPZiAk MC42MiBQZX IgU2hhcmU=
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2024-07-24 16:15:00 Tm9ydGhyaW 0gQmFuY29y cCBFYXJucy AkOS4wIE1p bGxpb24sIE 9yICQxLjYy IFBlciBEaW x1dGVkIFNo YXJlLCBJbi BTZWNvbmQg UXVhcnRlci AyMDI0
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2024-05-24 09:00:00 Tm9ydGhyaW 0gQmFuY29y cCwgSW5jLi BEZWNsYXJl cyBRdWFydG VybHkgQ2Fz aCBEaXZpZG VuZCBPZiAk MC42MSBQZX IgU2hhcmU=
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2024-04-24 16:15:00 Tm9ydGhyaW 0gQmFuY29y cCBFYXJucy AkOC4yIE1p bGxpb24sIE 9yICQxLjQ4 IFBlciBEaW x1dGVkIFNo YXJlLCBJbi BGaXJzdCBR dWFydGVyID IwMjQ=
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2024-03-29 16:30:00 Tm9ydGhyaW 0gQmFuY29y cCwgSW5jLi BQcm9tb3Rl cyBIdXN0b2 4gVG8gUHJl c2lkZW50IE FuZCBDZW87 IFNjaGllcm hvcm4gUmVt YWlucyBDaG Fpcm1hbg==
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2024-01-26 16:15:00 Tm9ydGhyaW 0gQmFuY29y cCwgSW5jLi BFeHBhbmRz IFN0b2NrIF JlcHVyY2hh c2UgUHJvZ3 JhbQ==
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2024-01-26 09:00:00 Tm9ydGhyaW 0gQmFuY29y cCwgSW5jLi BEZWNsYXJl cyBRdWFydG VybHkgQ2Fz aCBEaXZpZG VuZCBPZiAk MC42MSBQZX IgU2hhcmU=
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2024-01-25 16:15:00 Tm9ydGhyaW 0gQmFuY29y cCBFYXJucy AkNi42IE1p bGxpb24sIE 9yICQxLjE5 IFBlciBEaW x1dGVkIFNo YXJlLCBJbi BGb3VydGgg UXVhcnRlci AyMDIzLCBB bmQgJDI1Lj QgTWlsbGlv biwgT3IgJD QuNDkgUGVy IERpbHV0ZW QgU2hhcmUs IEZvciBUaG UgWWVhciBF bmRlZCBEZW NlbWJlciAz MSwgMjAyMw ==
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Northrim Bancorp

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