earnings
confidence high
sentiment positive
materiality 0.70
Northrim BanCorp Q2 net income $15.3M ($0.68 EPS), up 30% YoY; NIMTE expands to 5.01%
NORTHRIM BANCORP INC
- Net income $15.3M ($0.68 diluted EPS) vs $11.8M ($0.52) in Q2 2025, up 30% YoY.
- Net interest income $37.1M, up 11% YoY; NIMTE 5.01%, up 29 bps from 4.72% a year ago.
- Portfolio loans $2.39B (+8% YoY); total deposits $2.92B (+4% YoY); non-interest bearing deposits 28% of total.
- ROAA 1.84% and ROAE 17.77% vs 1.48% and 16.37% a year ago.
- Quarterly dividend maintained at $0.16/share; opened 21st branch in Palmer, Alaska.