Janney upgraded Northrim Bank from Neutral to Buy
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/28/2025 | $99.00 → $104.00 | Outperform | Hovde Group |
| 12/20/2024 | $96.50 | Outperform | Hovde Group |
| 2/25/2022 | Neutral → Buy | Janney |
ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- At yesterday's board of directors ("Board") meeting, Joe Schierhorn announced his retirement from Northrim BanCorp, Inc. (NASDAQ:NRIM) ("Northrim" or the "Company") effective as of December 31, 2025. As part of its continuing succession plan, the Board announced that Mike Huston, current President & CEO, will succeed Mr. Schierhorn as Chairman of the Board of Northrim Bank (the "Bank") and Company on January 1, 2026, in addition to his current responsibilities. Mr. Huston has been with the Company since 2017 serving as President since 2022 and President and CEO since 2024. "It has been an honor to be part of the Bank since its inception
ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) ("Northrim" or the "Company") today announced that its Board of Directors has approved a 4-for-1 forward stock split of its common stock. The stock split is part of the Company's ongoing review of optimal trading and spread levels. The purpose of the split is to enhance stock liquidity, make shares more accessible to a broader base of retail investors, and support increased trading activity. The shares to be issued in the stock split are expected to be payable after market close on September 22, 2025, for shareholders of record at the close of business on September 18, 2025. Shareholders will receive
ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.64 per share. The dividend will be payable on September 12, 2025, to shareholders of record at the close of business on September 4, 2025. "We are pleased to announce a quarterly dividend of $0.64 per share, as we continue to provide returns to our shareholders," said Mike Huston, President and CEO. At the stock price of $87.41 per share at the close of the market on August 21, 2025, the current dividend equates to a yield of 2.93% on an annualized basis. On July 23, 2025, Northrim reported net incom
Hovde Group reiterated coverage of Northrim Bank with a rating of Outperform and set a new price target of $104.00 from $99.00 previously
Hovde Group initiated coverage of Northrim Bank with a rating of Outperform and set a new price target of $96.50
Janney upgraded Northrim Bank from Neutral to Buy
4 - NORTHRIM BANCORP INC (0001163370) (Issuer)
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4 - NORTHRIM BANCORP INC (0001163370) (Issuer)
4/A - NORTHRIM BANCORP INC (0001163370) (Issuer)
4/A - NORTHRIM BANCORP INC (0001163370) (Issuer)
4/A - NORTHRIM BANCORP INC (0001163370) (Issuer)
8-K - NORTHRIM BANCORP INC (0001163370) (Filer)
8-K - NORTHRIM BANCORP INC (0001163370) (Filer)
SCHEDULE 13G/A - NORTHRIM BANCORP INC (0001163370) (Subject)
ANCHORAGE, AK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) announced that Shauna Hegna has been appointed to its Board of Directors. "We are pleased to have Shauna join our Board," said Joe Schierhorn, Chairman of the Board. "Shauna has extensive expertise in shareholder services, communications, and government affairs. Her proven leadership and accomplishments will be a notable addition to our Board of Directors." Hegna has served as President of Koniag, an Alaska Native regional corporation, since 2017. Ranked No. 7 on Alaska Business' Top 49ers list, Koniag is one of the largest for-profit companies headquartered in the state. Prior to joining Koniag
ANCHORAGE, Alaska, April 26, 2023 (GLOBE NEWSWIRE) -- Northrim BanCorp announces the retirement of Residential Mortgage Chief Executive Officer, Steve Aldrich. Residential Mortgage is a wholly owned subsidiary of Northrim Bank which is a wholly owned subsidiary of Northrim BanCorp. Northrim Chairman and CEO Joe Schierhorn thanks Steve for his 25 years at Residential Mortgage and dedication to our community. Aldrich's last day with the company will be May 5, 2023. He has been with Residential Mortgage since they opened their doors in 1998 and served as the executive vice president, chief operating officer, and president, before assuming the chief executive officer role. He has led with hu
ANCHORAGE, Alaska, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) announced that Marilyn F. Romano has been appointed to the Board of Directors. "We are pleased to have Marilyn join our Board," said Joe Schierhorn, President and CEO. "Marilyn's expertise spans a wide range of areas including strategic external relations, corporate giving, sales and marketing, communications and government affairs. Her knowledge and experience will be a notable addition to our Board of Directors." Romano is currently the Regional Vice President in Alaska for Alaska Airlines, where she maintains close relations with the over 1,900 employees in the state and the communities served by
ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) ("Northrim" or the "Company") today announced that its Board of Directors has approved a 4-for-1 forward stock split of its common stock. The stock split is part of the Company's ongoing review of optimal trading and spread levels. The purpose of the split is to enhance stock liquidity, make shares more accessible to a broader base of retail investors, and support increased trading activity. The shares to be issued in the stock split are expected to be payable after market close on September 22, 2025, for shareholders of record at the close of business on September 18, 2025. Shareholders will receive
ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.64 per share. The dividend will be payable on September 12, 2025, to shareholders of record at the close of business on September 4, 2025. "We are pleased to announce a quarterly dividend of $0.64 per share, as we continue to provide returns to our shareholders," said Mike Huston, President and CEO. At the stock price of $87.41 per share at the close of the market on August 21, 2025, the current dividend equates to a yield of 2.93% on an annualized basis. On July 23, 2025, Northrim reported net incom
ANCHORAGE, Alaska, July 23, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) ("Northrim" or the "Company") today reported net income of $11.8 million, or $2.09 per diluted share, in the second quarter of 2025, compared to $13.3 million, or $2.38 per diluted share, in the first quarter of 2025, and $9.0 million, or $1.62 per diluted share, in the second quarter a year ago. The increase in second quarter 2025 profitability as compared to the second quarter a year ago was primarily the result of an increase in net interest income, higher purchased receivable income, and increased mortgage banking income, which were partially offset by a higher provision for credit losses, higher
SC 13G - NORTHRIM BANCORP INC (0001163370) (Subject)
SC 13G/A - NORTHRIM BANCORP INC (0001163370) (Subject)
SC 13G/A - NORTHRIM BANCORP INC (0001163370) (Subject)