8-K
filed January 26, 2024, 6:59 PM ET
ticker NRIM
CIK 0001163370
earnings
confidence high
sentiment negative
materiality 0.70
Northrim BanCorp Q4 net income $6.6M ($1.19 EPS) vs $8.6M a year ago
NORTHRIM BANCORP INC
2023-FY EPS reported
$4.49
revenue$158,326,000
- Q4 net income $6.6M ($1.19 diluted EPS) vs $8.6M ($1.48) in Q4 2022 and $8.4M in Q3 2023.
- Full year 2023 net income $25.4M ($4.49 EPS) down 17% from $30.7M ($5.27 EPS) in 2022.
- Portfolio loans $1.79B (+19% YoY), deposits $2.49B (+4%); NIMTE 4.12% (down 24bp YoY).
- Home Mortgage segment loss $2.5M in 2023 vs $0.9M loss in 2022; dividend increased to $0.60/sh from $0.50.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
NORTHRIM BANCORP INC reported the year ended December 31, 2023 results: net income $25.4 Million, EPS $4.49 Per Diluted Share.
- Period
- the year ended December 31, 2023
- Net income
- $25.4 Million
- EPS
- $4.49 Per Diluted Share
- Result
- reported results
Exact text from the filing
Northrim BanCorp Earns $6.6 million, or $1.19 Per Diluted Share, in Fourth Quarter 2023, and $25.4 Million, or $4.49 Per Diluted Share, for the Year Ended December 31, 2023
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
NORTHRIM BANCORP INC reported fourth quarter ended December 31, 2023 results: net income $6.6 million, EPS $1.19 per diluted share.
- Period
- fourth quarter ended December 31, 2023
- Net income
- $6.6 million
- EPS
- $1.19 per diluted share
- Result
- reported results
Exact text from the filing
Northrim BanCorp, Inc. (the "Company") announced by press release its earnings for the fourth quarter ended December 31, 2023.
View on SEC.gov
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