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

Northrim Bancorp

29/04/2022 05:54

* Northrim BanCorp Inc  NRIM.OQ  reported quarterly adjusted
earnings of $1.20​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 98
cents per share.
    * Revenue fell 1% to $19.30 million from a year ago; 
analysts
expected $20.50 million. 
    * Northrim BanCorp Inc's reported EPS for the quarter was
$1.20​.
    * The mean earnings estimate of analysts had fallen by
about 17.6%
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 fallen by 5.6% this
quarter and
lost 5.4% so far this year.
    * The company reported quarterly net income of $7.23
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 April 29 at 04:54 a.m.  ​All
figures in US dollars unless otherwise stated