Northrim BanCorp Inc reports results for the quarter ended June 30 - Earnings Summary
Northrim BanCorp Inc reports results for the quarter ended June 30 - Earnings Summary
Northrim BanCorp Inc NRIM.OQ reported quarterly adjusted earnings of 66 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 55 cents. The mean expectation of two analysts for the quarter was for earnings of 61 cents per share. Wall Street expected results to range from 60 cents to 62 cents per share.
Revenue rose 10.6% to $37.14 million from a year ago.
Northrim BanCorp Inc's reported EPS for the quarter was 68 cents.
The company reported quarterly net income of $15.34 million.
Northrim BanCorp Inc shares had risen by 0.6% this quarter and gained 4.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.7% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Northrim BanCorp Inc is $30.00, about 8.2% above its last closing price of $27.55
This summary was machine generated from LSEG data July 23 at 02:07 a.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.61 | 0.66 | Beat |
Mar. 31 2026 | 0.53 | 0.63 | Beat |
Dec. 31 2025 | 0.66 | 0.56 | Missed |
Sep. 30 2025 | 0.59 | 0.60 | Beat |
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