Northrim BanCorp Inc expected to post earnings of $1.24 a share - Earnings Preview

Northrim Bancorp

22/01/2024 11:57

* Northrim BanCorp Inc  NRIM.OQ   NRIM.O  is expected
to show a
fall in quarterly revenue when it reports  results on January 24
(estimated) for the period ending December 31 2023
    * The Anchorage Alaska-based  company is expected to report
a
3.6% decrease in revenue to $26.3 million from $27.29 million a
year ago, according to the estimate from one analyst, based on
LSEG data. (Sale Represents Net Intrest Income)
    * ​LSEG's mean analyst estimate for Northrim BanCorp Inc is
for
earnings of $1.24 per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Northrim
BanCorp
Inc is $52.00​, below​ its last closing price of $53.49. ​​​

This summary was machine generated January 22 at 11:57 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)