Northrim BanCorp, Inc. Increases Quarterly Cash Dividend to $0.34 per Share
Northrim BanCorp Inc (NRIM)
Last northrim bancorp inc earnings: 1/27 04:15 pm
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northrim.com
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Source: GlobeNewswire
ANCHORAGE, Alaska, Feb. 28, 2020 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend to $0.34 per share. The dividend will be payable on March 20, 2020, to shareholders of record at the close of business on March 12, 2020. “We continue to generate profitable operations, which sustains our ability to steadily increase cash dividends for the eleventh consecutive year,” said Joe Schierhorn, President and CEO. At the stock price of $36.75 per share at the close of the market on February 27, 2020, the current dividend equates to a yield of 3.70% on an annualized basis. On January 27, 2020, Northrim reported earnings of $4.6 million, or $0.69 per diluted share, for the fourth quarter of 2019. Return on average assets was 1.11%, return on average equity was 8.74%, and net interest margin on a tax equivalent basis was 4.52% for the fourth quarter of 2019. About Northrim BanCorp Northrim
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NRIM
Earnings
- 10/23/24 - Beat
NRIM
Sec Filings
- 11/21/24 - Form 4
- 11/15/24 - Form 4
- 11/15/24 - Form 144
- NRIM's page on the SEC website