Northrim BanCorp Inc reports results for the quarter ended September 30 - Earnings Summary
Northrim BanCorp Inc reports results for the quarter ended September 30 - Earnings Summary
Northrim BanCorp Inc NRIM.OQ reported quarterly adjusted earnings of 60 cents per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of two analysts for the quarter was for earnings of 70 cents per share. Wall Street expected results to range from 68 cents to 71 cents per share.
Revenue rose 10% to $38.89 million from a year ago; analysts expected $38.70 million.
Northrim BanCorp Inc's reported EPS for the quarter was 63 cents.
The company reported quarterly net income of $14.41 million.
Northrim BanCorp Inc shares had fallen by 3.8% this quarter and lost 12.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.7% 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 2 "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 $28.00, about 16.8% above its last closing price of $23.30
This summary was machine generated from LSEG data October 20 at 09:01 p.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 |
Sep. 30 2026 | 0.70 | 0.60 | 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 |
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