Northrim BanCorp Earns $8.2 Million, or $1.48 Per Diluted Share, in First Quarter 2024
Northrim BanCorp Inc (NRIM)
Last northrim bancorp inc earnings: 1/27 04:15 pm
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Source: GlobeNewswire
ANCHORAGE, Alaska, April 24, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $8.2 million, or $1.48 per diluted share, in the first quarter of 2024, compared to $6.6 million, or $1.19 per diluted share, in the fourth quarter of 2023, and $4.8 million, or $0.84 per diluted share, in the first quarter a year ago. The increase in first quarter 2024 profitability as compared to the prior quarter was primarily the result of an increase in mortgage banking income, a lower provision for credit losses, and a gain on sale of other real estate owned (“OREO”). The increase in profitability in the first quarter of 2024 compared to the same period a year ago was primarily due to an increase in mortgage banking income, higher net interest income, a lower provision for credit losses, unrealized gains on marketable equity securities, and a gain on an OREO sale. Dividends per share in the first quarter of 2024 increased 2% to
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News
- Northrim BanCorp Earns $8.2 Million, or $1.48 Per Diluted Share, in First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Investing in Northrim BanCorp (NASDAQ:NRIM) five years ago would have delivered you a 75% gain [Yahoo! Finance]Yahoo! Finance
- Here's Why Northrim BanCorp (NRIM) Stock is a Must Buy Now [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Northrim BanCorp (NRIM) Stock? [Yahoo! Finance]Yahoo! Finance
- Northrim Bancorp promotes Huston to president and CEO; Schierhorn remains chairman [Seeking Alpha]Seeking Alpha
NRIM
Earnings
- 4/24/24 - Beat
NRIM
Sec Filings
- 5/3/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/10/24 - Form 8-K
- NRIM's page on the SEC website