Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.16 per Share

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

News Market Reaction

-5.27%

11 alerts

-5.27% News Effect

-5.3% Trough in 29 hr 36 min

-$30M Valuation Impact

$531M Market Cap

1.1x Rel. Volume

On the day this news was published, NRIM declined 5.27%, reflecting a notable negative market reaction. Argus tracked a trough of -5.3% from its starting point during tracking. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $30M from the company's valuation, bringing the market cap to $531M at that time.

Data tracked by StockTitan Argus on the day of publication.

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 $0.16 per share. The dividend will be payable on March 13, 2026, to shareholders of record at the close of business on March 5, 2026.

“We are pleased to announce a quarterly dividend of $0.16 per share, as we continue to provide returns to our shareholders,” said Mike Huston, President and CEO. At the stock price of $25.25 per share at the close of the market on January 23, 2026, the current dividend equates to a yield of 2.53% on an annualized basis.

On January 23, 2026, Northrim reported net income of $12.4 million, or $0.55 per diluted share, in the fourth quarter of 2025, compared to $27.1 million, or $1.20 per diluted share, in the third quarter of 2025, and $10.9 million, or $0.49 per diluted share, in the fourth quarter a year ago.

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.

www.northrim.com

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

How much is Northrim BanCorp (NRIM) declaring per-share for the quarterly dividend on Jan 26, 2026?

The board declared a regular quarterly cash dividend of $0.16 per share.

What are the record and payable dates for Northrim's March 2026 dividend (NRIM)?

Shareholders of record at the close of business on March 5, 2026 will receive the dividend payable on March 13, 2026.

What dividend yield does NRIM's $0.16 quarterly dividend represent based on the Jan 23, 2026 stock price?

At a closing price of $25.25 on Jan 23, 2026, the dividend equates to an annualized yield of 2.53%.

What was Northrim BanCorp's reported net income in Q4 2025 (NRIM)?

Northrim reported net income of $12.4 million, or $0.55 per diluted share for Q4 2025.

How did NRIM's Q4 2025 net income compare to Q3 2025?

Net income declined from $27.1 million in Q3 2025 to $12.4 million in Q4 2025.

When was Northrim's dividend announcement made and under which ticker symbol?

The dividend was announced on January 26, 2026 for Northrim BanCorp trading as NASDAQ: NRIM.