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 on December 26, 2025 to shareholders of record at the close of business on December 18, 2025.
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 on December 26, 2025 to shareholders of record at the close of business on December 18, 2025.
At the closing stock price of $25.05 on December 4, 2025, the dividend annualizes to a 2.55% yield. Recent operating results show Q3 2025 net income of $27.1 million ($1.20 per diluted share), up from $11.8 million ($0.52) in Q2 2025 and $8.8 million ($0.39) in Q3 2024.
Positive
- Quarterly dividend of $0.16 per share declared
- Dividend payable Dec 26, 2025 to holders of record Dec 18, 2025
- Annualized yield of 2.55% at $25.05 share price
- Q3 2025 net income $27.1 million; EPS $1.20
Negative
- None.
Details
News Market Reaction – NRIM
On Dec 5, the day this news came out, NRIM closed 3.11% below the previous close.
Data tracked by StockTitan Argus for the Dec 5 session.
Key Figures
- Quarterly dividend
- $0.16 per share
- Regular quarterly cash dividend declared for Dec 26, 2025 payment
- Dividend yield
- 2.55%
- Annualized yield at $25.05 stock price on Dec 4, 2025
- Reference stock price
- $25.05
- Closing price on Dec 4, 2025 used to state dividend yield
- Q3 2025 net income
- $27.1 million
- Net income reported for third quarter 2025
- Q3 2025 EPS
- $1.20 per diluted share
- Earnings per diluted share for Q3 2025
- Q2 2025 net income
- $11.8 million
- Net income reported for second quarter 2025
- Q2 2025 EPS
- $0.52 per diluted share
- Earnings per diluted share for Q2 2025
- Q3 2024 net income
- $8.8 million
- Net income reported for third quarter 2024
Historical Context
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Quarterly cash dividend of $0.16 per share with updated yield metrics.
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$60.0M 6.875% subordinated notes issued as Tier 2 regulatory capital.
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KBRA assigned BBB/BBB+ ratings with Stable outlook citing strong earnings.
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Q3 2025 net income $27.1M and EPS $1.20 with strong margins.
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Announcement of 4-for-1 forward stock split and higher authorized shares.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ANCHORAGE, Alaska, Dec. 05, 2025 (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 October 22, 2025, 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 December 5, 2025, 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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