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Stock impact report

Northrim BanCorp Earns $8.8 Million, or $1.57 Per Diluted Share, in Third Quarter 2024 [Yahoo! Finance]

Northrim BanCorp Inc (NRIM) 
Last northrim bancorp inc earnings: 1/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: northrim.com
Company Research Source: Yahoo! Finance
Dividends per share in the third quarter of 2024 increased to $0.62 per share as compared to $0.61 per share in the second quarter of 2024 and $0.60 per share in the third quarter of 2023. “We had strong deposit-funded loan growth in the third quarter,” said Mike Huston, Northrim's President and Chief Executive Officer. “Deposits and loans both increased 7% from the end of the second quarter. Our deposit market share increased by 4% in the past year and by 42% in the past five years as our investments in people, expanded branch network, and differentiated service continue to attract new customers and strengthen existing relationships.” Third Quarter Highlights: Net interest income in the third quarter of 2024 increased 7% to $28.8 million compared to $27.1 million in the second quarter of 2024 and increased 9% compared to $26.4 million in the third quarter of 2023. Net interest margin on a tax equivalent basis (“NIMTE”) was 4.35% for the third quarter of 2024, up 5-basis poin Show less Read more
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