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 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.

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 $0.16 per share. The dividend will be payable on December 26, 2025, to shareholders of record at the close of business on December 18, 2025.

“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 $25.05 per share at the close of the market on December 4, 2025, the current dividend equates to a yield of 2.55% on an annualized basis.

On October 22, 2025, Northrim reported net income of $27.1 million, or $1.20 per diluted share, in the third quarter of 2025, compared to $11.8 million, or $0.52 per diluted share, in the second quarter of 2025, and $8.8 million, or $0.39 per diluted share, in the third 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 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

What dividend did Northrim BanCorp (NRIM) declare for December 2025?

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

When is the Northrim (NRIM) dividend payable and what is the record date?

The dividend is payable on December 26, 2025 to shareholders of record at the close of business on December 18, 2025.

What dividend yield does NRIM’s $0.16 payment represent?

At the $25.05 closing price on December 4, 2025, the dividend annualizes to a 2.55% yield.

How did Northrim’s Q3 2025 results compare to prior periods?

Northrim reported Q3 2025 net income $27.1 million or $1.20 per diluted share, versus $11.8 million ($0.52) in Q2 2025 and $8.8 million ($0.39) in Q3 2024.

Do I need to own NRIM shares by a specific date to receive the Dec 26 dividend?

Yes; you must be a shareholder of record at the close of business on December 18, 2025 to receive the payment.