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NORTHRIM BANCORP INC (NRIM)

Financials · regional banking · NASDAQ

A leading Alaska-based commercial bank with a diversified business model spanning community banking, mortgage lending, and specialty finance, currently expanding its regional footprint.

What NORTHRIM BANCORP INC does

Northrim BanCorp, Inc. is an Alaska-based bank holding company that operates primarily through its subsidiary, Northrim Bank, a commercial bank offering a range of financial services. The company provides community banking, home mortgage lending, and specialty finance solutions, including factoring and asset-based lending through its subsidiary Sallyport Commercial Finance. It serves commercial and consumer customers primarily in Alaska and Washington, with operations expanding to Oregon via a pending acquisition.

Recent developments

Northrim announced a definitive agreement to acquire PBCO Financial Corporation in an all-stock transaction, which will expand its banking footprint into Oregon and increase its assets to approximately $4.2 billion. The acquisition is expected to close in late 2026 or early 2027.

From NORTHRIM BANCORP INC's filing of 2026-10-15.

Themes: community banking, mortgage lending, asset-based lending / factoring, geographic expansion, commercial lending

Fundamentals

  • Price$23.72 as of 2026-10-20 close
  • Market cap$528M as of 2026-07-31 (share count; price 2026-10-20)
  • 1-year return+13.2% 2025-10-20 close $20.96 → 2026-10-20 close $23.72
  • P/E7.80 as of 2026-10-20
  • Net margin+25.3% FY2025, SEC XBRL
  • Gross margin+81.7% FY2025, SEC XBRL
  • ROE+19.8% FY2025, SEC XBRL
  • ROICn/a No figure: it is a bank or insurer, whose operating income and debt are not what ROIC divides.
  • Debt / equity0.23 borrowings, leases excluded / equity — 10-Q/10-K balance sheet 2026-06-30
  • Revenue growth (YoY)+30.4% FY2025, SEC XBRL
  • Revenue CAGR (3y)+23.9% SEC XBRL
  • Beta0.79 as of 2026-09-03
  • Last reported earnings2026-10-15 SEC EDGAR Form 8-K (Item 2.02)

Dividend: yield +2.7%; at least 16 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.

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How NRIM compares in its sector

  • price-to-earnings ratiobottom 10% 487 covered Financials peers, as of 2026-10-20
  • net profit marginmiddle range 343 covered Financials peers, as of 2026-09-03
  • gross margintop 25% 31 covered Financials peers, as of 2026-09-03
  • return on equitytop 25% 558 covered Financials peers, as of 2026-09-03
  • 3-year revenue CAGRtop 25% 347 covered Financials peers
  • indicated dividend yieldmiddle range 440 covered Financials peers, as of 2026-09-03
  • free cash flow (absolute dollars, latest fiscal year)middle range 430 covered Financials peers, as of FY2025

Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.

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Dividend coverage (FY2025)

Covered by reported results. In FY2025, NRIM's dividend was covered by reported results (earnings payout 23%, free-cash-flow payout 11%). This describes past coverage, not a forecast.

  • Earnings payout23% dividends / net income
  • Free-cash-flow payout11% dividends / (operating cash flow − capex)

Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.

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Quarterly results

QuarterRevenueGross profitNet incomeDiluted EPSOperating cash flowCapex
Q2 FY2026 2026-06-30$64M$52M$15M$0.68$40M†$583000†
Q1 FY2026 2026-03-31$60M$49M$14M$0.61$27M$3M
Q4 FY2025 2025-12-31$62M†$50M†$12M$0.55†$35M†$2M†
Q3 FY2025 2025-09-30$77M$65M$27M$1.20$93M†$3M†
Q2 FY2025 2025-06-30$61M$48M$12M$0.52-$4M†$316000†
Q1 FY2025 2025-03-31$55M$46M$13M$0.60$17M$208000
Q4 FY2024 2024-12-31$55M†$43M†$11M$0.49†$36M†-$1M†
Q3 FY2024 2024-09-30$51M$38M$9M$0.39-$201000†$129000†

† Not filed as a discrete quarter: derived from the company's own year-to-date figures (for example the fourth quarter as the fiscal year minus the first nine months). A derived per-share figure is approximate, because the share count moves within the year.

Balance sheet at 2026-06-30

  • Cash and equivalents$172M includes restricted cash (the filer tags no unrestricted total)
  • Total debt$82M borrowings only; leases excluded
  • Net debt-$91M total debt − cash − short-term investments

From the company's own SEC 10-Q and 10-K filings (XBRL), re-read every week. Figures in US dollars as filed; informational only — not financial advice.

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How NORTHRIM BANCORP INC looks technically

NORTHRIM BANCORP INC (NRIM) is trading 6.2% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed above its 200-day average about 98 trading days ago — a "golden cross", a bullish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 30, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 38, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative). It made a new 20-day low about 2 trading days ago. It is 23.0% below its highest point of the past year.

Trend

8
Distance from the 200-dayit is trading 6.2% below its 200-day average, the long-term trend line — a long-term downtrend-6.2%
50-day moving averageits average price over the last 50 trading days — a short-term trend line — is $25.33$25.33
200-day moving averageits average price over the last 200 trading days — the long-term trend line — is $25.29$25.29
Swing structureeach recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes nextlower highs and lower lows
Last swing turnits last significant turn was a swing high 15 calendar days ago — the swings before that are what the structure reading is measured on15 sessions
Wave structureits recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes above 25.14. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C.possible downward five-wave sequence, in wave 3 (one of several readings)
Since the 50/200 crossits 50-day average crossed above its 200-day average about 98 trading days ago — a "golden cross", a bullish long-term signal98 sessions
Trend strength (14-day ADX)a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 30, with sellers in control30.1

Momentum

3
14-day RSImomentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 38, neither overbought (above 70) nor oversold (below 30)38.2
Position in its 14-day rangeit is trading in the lower half of its 14-day range ($22.95 to $25.14) — its "stochastic" reading is 35 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions.35.2
Since the MACD crossed zeroMACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative)3 sessions

Range

12
52-week highits highest closing price over the past year (about 252 trading days) was $30.82$30.82
From the 52-week highit is 23.0% below its 52-week high (its highest price of the past year)-23.0%
Above the 52-week lowit is 21.0% above its 52-week low (its lowest price of the past year)+21.0%
Below the 52-week highit is 23.0% below its highest point of the past year23.0%
Since a 20-day breakoutit made a new 20-day low about 2 trading days ago2 sessions
Since a 55-day breakoutit made a new 55-day low about 2 trading days ago2 sessions
All-time highits highest closing price on record is $30.82 (set on 2026-01-22)$30.82
Given back of the 52-week moveover the past year its closes ranged ($19.75 to $29.76), and it has given back a bit over half of its rise from last year’s low — 60% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $23.25 to $23.57. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast.60.3%
From the all-time highit is 23.0% below its all-time high-23.0%
Nearest price levelit is sitting right on a resistance level at $23.74 — a price it turned at six times since 2025-08-26, most recently on 2026-10-01. Since 2024-10-21 it has 5 such levels below the current price and 6 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go.+0.1%
All-time lowits lowest closing price on record is $1.63 (set on 2009-03-09)$1.63
Above the all-time lowit is 1359.7% above its all-time low+1,360%

Volatility

5
Band width vs its own 6 monthsday-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 81% of it)19th percentile
Typical daily rangein a typical session it travels about $0.6142 between its high and its low — about 2.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was$0.6142
Bollinger bands (20-day, ±2σ)most of its recent trading has stayed between about $23.53 and $25.15 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles$23.53 – $24.34 – $25.15
Typical daily range (% of price)its price moves about 2.6% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price2.6%
Stretch from the 200-day averageit is trading 2.6 daily ranges below its 200-day average price (6.2% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale2.6 daily ranges below its 200-day average

Volume

1
Volume vs its 30-day averagetrading volume is about normal versus its 30-day average0.83×

Analyst

2
Change in the average price targetanalysts' average price target is unchanged from the prior reading0.0%
Change in the consensus ratingthe analyst consensus rating is unchanged since the prior readingunchanged

Candlestick patterns

1
Since a bullish engulfing8 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it8 sessions ago

Price gaps

1
Gap at the openit opened on 2026-10-20 0.4% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close+0.4%

Price streaks

1
Closing streakit closed higher in its latest session, after a session that did not close higher — a single up day rather than a run1 session up

Relative strength

4
vs market, 1 monthover the past 1 month this stock lagged the market by 7.7 percentage points (the stock lost 6.8% while the market gained 1.0%)-7.7%
vs market, 3 monthsover the past 3 months this stock lagged the market by 18.6 percentage points (the stock lost 15.0% while the market gained 3.6%)-18.6%
vs market, 6 monthsover the past 6 months this stock lagged the market by 12.9 percentage points (the stock lost 4.4% while the market gained 8.5%)-12.9%
vs market, 12 monthsover the past 12 months this stock lagged the market by 1.4 percentage points (the stock gained 13.2% while the market gained 14.6%)-1.4%

Signal agreement

2
Bullish technical signals1 of the 9 technical signals we can compute for it is currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day — these describe past price behaviour, not a forecast1 of 9
Bearish technical signals6 of the 9 technical signals we can compute for it are currently in a bearish state: trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast6 of 9

Trend (Ichimoku cloud)

1
Vs the Ichimoku cloudtrading 8.8% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-14 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 3.8% of the share price.-8.8%

Volume-weighted price

1
Vs this year’s average price paidthe price is 6% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $25.32 — a volume-weighted average of daily closes over 198 sessions, not a true tick-by-tick VWAP.-6.3%

Price levels it has turned at before

NRIM last closed at $23.72 on 2026-10-20. Since 2024-10-21 it has turned at 5 prices below its last close and 6 above; the 3 nearest below and the 3 nearest above are listed, nearest first.

LevelSideDistanceEvidence
$23.74Resistance0.1% above the last closeturned there six times · 2025-08-26 to 2026-10-01
$22.96Support3.2% below the last closeturned there six times · 2024-11-25 to 2026-05-15
$24.62Resistance3.8% above the last closeturned there three times · 2025-07-23 to 2026-06-17
$25.12Resistance5.9% above the last closeturned there six times · 2025-07-07 to 2026-10-05
$22.28Support6.1% below the last closeturned there five times · 2024-12-11 to 2026-01-29
$21.73Support8.4% below the last closeturned there five times · 2025-05-23 to 2026-03-18

A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.

Wave structure

Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.

This labelling fails — stops being a possible reading at all — if it closes above $25.14.

This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.

On past moves of this shape the leg has usually ended somewhere between $20.72 and $22.41 — that is where it has tended to end if the count holds, not a forecast of where the price goes.

Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close above $25.14.

This reading has stood for 7 trading days, since 2026-10-12.

Read from daily closes as of 2026-10-20.

An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.

Based on daily closing prices as of 2026-10-20. Describes past price behavior only — informational, not financial advice.

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Analyst consensus

  • Consensus ratingBuy (1.67 mean, 1=Strong Buy…5=Strong Sell) — 3 analysts
  • Mean price target$30.33 range $30.00 – $31.00; median $30.00

Analyst estimates, as of 2026-10-18. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.

Analyst EPS estimate for NRIM

  • Consensus EPS estimate$0.6467 next reporting period, as of 2026-10-18
  • Estimate change, 30 days-$0.05333 (-7.6%) from $0.7, on 2026-09-13, 35-day window
  • Readings revised upward20% of 10 comparable readings

The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.

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Key risks (from latest filing)

["Concentration in the Alaska economy and reliance on natural resource extraction industries.","Risks associated with the pending acquisition of PBCO Financial Corporation, including integration challenges and regulatory approval.","Credit risk within the Specialty Finance segment's lending portfolio."]

See NRIM's biggest risks from its latest 10-Q →

What changed in the latest 10-Q

AI-assisted comparison of NRIM's 10-Q filed 2026-05-01 against the prior one filed 2025-10-27.

Management's Discussion & Analysis (MD&A)

  • Added:
    • Reference to Form 10-K for year ended December 31, 2025 (newer filing, filed 2026-05-01)
    • Added language: 'increased cyber threats due to artificial intelligence' in cyber-security risks discussion (newer filing)
    • Added reference to 'the wars in Iran' alongside Ukraine (newer filing)
  • Removed:
    • Reference to Form 10-K for year ended December 31, 2024 (older filing, filed 2025-10-27)
    • Removal of Sallyport Commercial Finance, LLC acquisition language: 'and statements about the expected financial benefits and other effects of the acquisition of Sallyport Commercial Finance, LLC ("Sallyport") by Northrim Bank' (older filing)
    • Removal of Sallyport-specific risk language: 'expected cost savings, synergies and other financial benefits from the acquisition of Sallyport by Northrim Bank might not be realized within the expected time frames and costs or difficulties relating to integration matters might be greater than expected; the ability of Northrim and Sallyport to execute their respective business plans' (older filing)
    • Removal of reference to 'the conflicts in the Middle East' from geopolitical risks (older filing)
  • Reworded:
    • Changed 'descriptions of the financial condition' to 'descriptions of Northrim's financial condition' (newer filing, filed 2026-05-01)
    • Changed 'impact of the results of government shutdowns and government initiatives, including tariffs' to 'impact of the results of government shutdowns and government initiatives on the regulatory landscape, natural resource extraction industries, and capital markets; the impact of declines in the value of commercial and residential real estate markets, high unemployment rates, tariffs' - restructured sentence flow and moved tariffs reference (newer filing)
    • Changed 'the war in Ukraine and the conflicts in the Middle East' to 'the wars in Ukraine and Iran' (newer filing)
  • Notes:
    • The comparison reflects changes between quarterly filings from different periods (Q3 2025 vs. Q1 2026), which may account for some updates including the removal of Sallyport acquisition language and the shift in Form 10-K reference year.

AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.

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Insider activity (SEC Form 4)

1 open-market purchase and 8 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-16. The 5 days since 2026-10-16 have not been checked yet.

  • Last 90 days · read to 2026-10-161 buy ($31440) · 8 sells ($584420) — 1 buying, 4 selling insiders
  • Last 180 days · read to 2026-10-161 buy ($31440) · 8 sells ($584420) — 1 buying, 4 selling insiders

Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)

Most recent open-market transaction: 2026-09-08. Based on Form 4 filings read through 2026-10-16; anything filed since is not yet included.

View full insider trading history → View SEC Form 3/4/5 filings

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Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.

Institutional ownership (13F)

4 institutional 13F filers reported holding NRIM as of 2026-06-30 (quarter-end position, filed within 45 days).

  • Distinct 13F filers 4
  • Reported shares held 3,848,026
  • Reported value $106,744,231

reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 2 increased, 2 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".

Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.

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Short interest (FINRA)

NRIM had 1,234,766 shares of reported short interest as of the 2026-09-30 FINRA settlement date (delayed, bi-monthly; not real-time).

NRIM had 5.55% of its shares outstanding sold short as of the 2026-09-30 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 7.7 days to cover at the same settlement.

  • Reported short interest (shares) 1,234,766
  • Short interest (% of shares outstanding) 5.55%
  • Prior settlement (shares) 917,398
  • Reported change 34.59%
  • Days to cover (reported) 7.7

Reported to FINRA as of the 2026-09-30 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.

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Competitors & peers

AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.

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Frequently asked questions

What does NORTHRIM BANCORP INC (NRIM) do?

Northrim BanCorp, Inc. is an Alaska-based bank holding company that operates primarily through its subsidiary, Northrim Bank, a commercial bank offering a range of financial services. The company provides community banking, home mortgage lending, and specialty finance solutions, including factoring and asset-based lending through its subsidiary Sallyport Commercial Finance.

What sector is NORTHRIM BANCORP INC (NRIM) in?

NORTHRIM BANCORP INC (NRIM) is classified in the Financials sector. Its industry is regional banking. It trades on NASDAQ.

Does NRIM pay a dividend?

Yes — NORTHRIM BANCORP INC (NRIM) pays a dividend, with an indicated yield of about 2.67% and at least 16 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-09-03). Informational only — not financial advice.

Who are NORTHRIM BANCORP INC's (NRIM) competitors?

Notable peers of NORTHRIM BANCORP INC (NRIM) include First National Bank Alaska, Alaska USA Federal Credit Union, KeyCorp, Wells Fargo and Washington Federal. This peer set is informational only — not financial advice.

Is NORTHRIM BANCORP INC (NRIM) overbought or oversold right now?

NORTHRIM BANCORP INC (NRIM) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 38, in the neutral middle (as of 2026-10-20). RSI describes recent price momentum, not a forecast — informational only, not financial advice.

Where does stocks-llm's data on NRIM come from?

Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.

Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-10-20.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.