Northrim BanCorp Inc reports results for the quarter ended in June - Earnings Summary

Northrim Bancorp

28/07/2022 23:11

* Northrim BanCorp Inc  NRIM.OQ  reported quarterly adjusted
earnings of 83 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 93
cents per share.
    * Revenue rose 15.7% to $22.21 million from a year ago;
analysts
expected $20.50 million. 
    * Northrim BanCorp Inc's reported EPS for the quarter was 83
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Northrim BanCorp Inc shares had risen by 1.7% this
quarter and
lost 5.8% so far this year.
    * The company reported quarterly net income of $4.8 million.
    * Wall Street's median 12-month price target for Northrim
BanCorp
Inc is $50.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 10:10 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.93           0.83           Missed
 Mar. 31 2022      0.98           1.20           Beat
 Dec. 31 2021      1.38           1.31           Missed
 Sep. 30 2021      1.44           1.42           Missed