Northrim BanCorp Q1 net income $13.3M ($2.38 EPS); dividend raised to $0.64

NORTHRIM BANCORP INC

2025-Q1 EPS reported $2.38 revenue$55,761,000

Net income $13.3M vs $8.2M a year ago; diluted EPS $2.38 vs $1.48 YoY, record first quarter.
Net interest margin (tax-equiv.) 4.61%, up 39 bps YoY; net interest income $31.3M, +18% YoY.
ROAA 1.76% and ROAE 19.70%, compared to 1.19% and 13.84% a year ago.
Dividend increased to $0.64/share from $0.62 Q4 2024 and $0.61 Q1 2024.
Portfolio loans $2.12B, down slightly QoQ due to reclassifying $100M consumer mortgages to held for sale; deposits $2.78B, up 4% QoQ.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.