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

Northrim Bancorp

27/10/2022 13:00

* Northrim BanCorp Inc  NRIM.OQ  reported quarterly adjusted
earnings of $1.76​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of $1.35 per share.
    * Revenue rose 29% to $26.31 million from a year ago;
analysts
expected $24.30 million. 
    * Northrim BanCorp Inc's reported EPS for the quarter was
$1.76​.
    * The mean earnings estimate of analysts had fallen by
about 5.6%
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 risen by 6.0% this
quarter and
gained 1.3% so far this year.
    * The company reported quarterly net income of $10.13
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 October
27 at 12:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.35           1.76           Beat
 Jun. 30 2022      0.93           0.83           Missed
 Mar. 31 2022      0.98           1.20           Beat
 Dec. 31 2021      1.38           1.31           Missed