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.
News Market Reaction – NRIM
In the Dec 5 session, NRIM declined 3.11%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Dec 05 | Dividend declaration | Positive | -3.1% | Quarterly cash dividend of $0.16 per share with updated yield metrics. |
| Nov 26 | Debt capital raise | Negative | -2.0% | $60.0M 6.875% subordinated notes issued as Tier 2 regulatory capital. |
| Nov 13 | Credit ratings update | Positive | -0.2% | KBRA assigned BBB/BBB+ ratings with Stable outlook citing strong earnings. |
| Oct 22 | Earnings release | Positive | -0.9% | Q3 2025 net income $27.1M and EPS $1.20 with strong margins. |
| Aug 22 | Stock split | Positive | +1.7% | 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.
NRIM has often seen muted or negative next-day reactions to positive corporate updates, including dividends, ratings, and strong earnings, with only stock-split news showing a clearly positive alignment.
Over the last several months, Northrim BanCorp reported sharply higher results, including Q3 2025 net income of $27.1M and diluted EPS of $1.20, helped by a $14.2M asset-sale gain. The company executed a 4-for-1 stock split, increasing authorized shares to 40,000,000, and issued $60.0M of 6.875% subordinated notes intended as Tier 2 capital. KBRA assigned investment-grade ratings with a Stable outlook. Against this backdrop, recurring quarterly dividends, including the new $0.16 payout, continue returning capital to shareholders.
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 |
