Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.17 per Share
Northrim Bancorp Inc reported $255.6M in revenue and $64.6M in net income for fiscal 2025.
See the full NRIM financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.17 per Share
Northrim BanCorp (NASDAQ: NRIM) declared a regular quarterly cash dividend of $0.17 per share, payable on September 18, 2026, to shareholders of record on September 10, 2026.
Northrim BanCorp (NASDAQ: NRIM) declared a regular quarterly cash dividend of $0.17 per share, payable on September 18, 2026, to shareholders of record on September 10, 2026. At a stock price of $25.80 on August 27, 2026, this equals a 2.64% annualized yield. Northrim recently reported second quarter 2026 net income of $15.3 million, or $0.68 per diluted share, up from $13.7 million ($0.61) in the first quarter and $11.8 million ($0.52) a year earlier.
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Positive
Quarterly dividend declared $0.17 per share, payable September 18, 2026
Annualized dividend yield 2.64% at $25.80 share price on August 27, 2026
Q2 2026 net income $15.3 million, or $0.68 per diluted share
Sequential earnings growth from $13.7 million ($0.61) in Q1 2026
Year-over-year earnings growth from $11.8 million ($0.52) in Q2 2025
Negative
None.
News Market Reaction – NRIM
-0.58%
-0.58%Session close to close
In the Aug 28 session, NRIM declined 0.58%, reflecting a mild negative market reaction.
ANCHORAGE, Alaska, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.17 per share. The dividend will be payable on September 18, 2026, to shareholders of record at the close of business on September 10, 2026.
“We are pleased to announce a quarterly dividend of $0.17 per share, as we continue to provide returns to our shareholders,” said Mike Huston, President and CEO. At the stock price of $25.80 per share at the close of the market on August 27, 2026, the current dividend equates to a yield of 2.64% on an annualized basis.
On July 22, 2026, Northrim reported net income of $15.3 million, or $0.68 per diluted share, in the second quarter of 2026, compared to $13.7 million, or $0.61 per diluted share, in the first quarter of 2026, and $11.8 million, or $0.52 per diluted share, in the second quarter a year ago.
About Northrim BanCorp
Northrim is the holding company of Northrim Bank, an Alaska-based community bank with 21 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.
What dividend did Northrim BanCorp (NASDAQ: NRIM) declare on August 28, 2026?
Northrim BanCorp declared a regular quarterly cash dividend of $0.17 per share. According to Northrim BanCorp, the dividend reflects its ongoing approach to providing shareholder returns and will be paid in cash to eligible shareholders on the announced payment date.
When is the Northrim BanCorp (NRIM) September 2026 dividend payable and what is the record date?
The dividend is payable on September 18, 2026 to shareholders of record on September 10, 2026. According to Northrim BanCorp, investors must own NRIM shares before the record date to qualify for this quarterly cash dividend payment.
What is the dividend yield for Northrim BanCorp (NRIM) based on the August 27, 2026 share price?
The declared dividend represents a 2.64% annualized yield at a share price of $25.80. According to Northrim BanCorp, this yield is calculated using the current quarterly dividend rate annualized against the closing stock price on August 27, 2026.
How did Northrim BanCorp’s Q2 2026 earnings compare to Q1 2026 and Q2 2025?
Northrim BanCorp reported Q2 2026 net income of $15.3 million, or $0.68 per diluted share. According to Northrim BanCorp, this compares to $13.7 million ($0.61) in Q1 2026 and $11.8 million ($0.52) in Q2 2025.
What does the August 28, 2026 dividend announcement mean for Northrim BanCorp (NRIM) shareholders?
The announcement confirms continued quarterly cash distributions of $0.17 per share to shareholders. According to Northrim BanCorp, the dividend aligns with its strategy of returning capital while operating an Alaska-focused community bank and associated lending and mortgage businesses.
Is Northrim BanCorp’s $0.17 per share dividend part of a regular dividend program for NRIM stock?
Northrim BanCorp described the $0.17 payout as a regular quarterly cash dividend. According to Northrim BanCorp, this characterization indicates an ongoing pattern of quarterly dividends, though future declarations remain subject to Board approval and business conditions.
