NRIM / Northrim BanCorp: High Oil Prices, Interest Rates To Salvage Earnings

Northrim Bancorp has shown a solid recovery, with shares down only 5.8% compared to a 36.6% drop earlier this year. The company has a strong presence more_horizontal

Northrim BanCorp (NRIM) came out with quarterly earnings of $0.84 per share, missing the Zacks Consensus Estimate of $1.47 per share. This compares to more_horizontal

Northrim (NRIM) announces a 20% increase in dividend. Regular dividend hikes, along with share repurchases, will enhance shareholder value. more_horizontal

Northrim (NRIM) delivered earnings and revenue surprises of -6.92% and 0.69%, respectively, for the quarter ended December 2022. Do the numbers hold c more_horizontal

Northrim (NRIM) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It i more_horizontal

Northrim (NRIM) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is more_horizontal

The negative loan trend will likely reverse soon due to the ending of PPP forgiveness and high oil prices. Thanks to a largely rate-sensitive loan por more_horizontal

Northrim BanCorp shares have doubled since I highlighted them in May 2020 as a good way to play an eventual recovery in the oil and tourism sectors. I more_horizontal