Northrim BanCorp plunges after Q4 profit miss

Northrim Bancorp

23/01/2026 19:35

** Alaska-based community bank Northrim BanCorp's NRIM.O shares slide as much as 17.4%

** Stock last down 14.2% at $25.47

** Adjusted profit was $12.2 million, or $0.54 per share, in the three months ended December 31, compared with $10.9 million, or $0.49 per share, a year earlier

** Wall Street had expected a Q4 profit of $0.66 per share, according to data compiled by LSEG

** Net interest income increased to a record $35.4 million, but fell short of expectations of $36.4 million

** Two brokerages covering the stock rate "buy" or higher; median PT $31.50 - LSEG

** NRIM stock gained 36.6% in 2025

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))