Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.16 per Share
Northrim BanCorp (NASDAQ: NRIM) declared a regular quarterly cash dividend of $0.16 per share, payable March 13, 2026, to shareholders of record at the close of business on March 5, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Northrim BanCorp (NASDAQ: NRIM) declared a regular quarterly cash dividend of $0.16 per share, payable March 13, 2026, to shareholders of record at the close of business on March 5, 2026. The company noted the dividend equates to an annualized yield of 2.53% based on a closing stock price of $25.25 on January 23, 2026. Northrim reported Q4 2025 net income of $12.4 million, or $0.55 per diluted share, compared with $27.1 million ($1.20 per diluted share) in Q3 2025 and $10.9 million ($0.49 per diluted share) in Q4 2024.
Positive
- Dividend: $0.16 per share quarterly cash dividend declared
- Payable date: Dividend payable March 13, 2026 to holders of record March 5, 2026
- Yield: 2.53% annualized yield based on $25.25 closing price on Jan 23, 2026
- Profitability: Q4 2025 net income of $12.4 million ($0.55 per diluted share)
Negative
- Quarterly earnings decline: Net income fell from $27.1M in Q3 2025 to $12.4M in Q4 2025
Details
News Market Reaction – NRIM
On Jan 26, the day this news came out, NRIM closed 5.27% below the previous close.
Data tracked by StockTitan Argus for the Jan 26 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ANCHORAGE, Alaska, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of
“We are pleased to announce a quarterly dividend of
On January 23, 2026, Northrim reported net income of
About Northrim BanCorp
Northrim is the holding company of Northrim Bank, an Alaska-based community bank with 20 branches throughout the State of Alaska (the “Bank”). The Bank differentiates itself with its detailed knowledge of Alaska’s economy and its “Customer First Service” philosophy. Northrim Funding Services, a division of the Bank, operates a factoring and asset-based lending division in the State of Washington. Sallyport Commercial Finance, LLC, a specialty finance company, and Residential Mortgage, LLC, a regional home mortgage company, are wholly-owned subsidiaries of the Bank.
Transmitted on Globe Newswire on January 26, 2026, at 5:00 a.m. Alaska Time.
Contact:
Mike Huston, President, CEO, and COO
(907) 261-8750
Jed Ballard, Chief Financial Officer
(907) 261-3539
FAQ
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