Northrim BanCorp (NRIM) Set to Announce Quarterly Earnings on Monday

Northrim BanCorp (NASDAQ:NRIM) is set to announce its earnings results after the market closes on Monday, January 29th. Analysts expect the company to announce earnings of $0.50 per share for the quarter.

Northrim BanCorp (NASDAQ:NRIM) last released its earnings results on Monday, October 30th. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.16). Northrim BanCorp had a return on equity of 8.67% and a net margin of 16.18%. On average, analysts expect Northrim BanCorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Northrim BanCorp (NASDAQ:NRIM) opened at $34.90 on Monday. The stock has a market capitalization of $239.18, a PE ratio of 14.79 and a beta of 0.75. Northrim BanCorp has a fifty-two week low of $26.31 and a fifty-two week high of $38.15. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 0.09.

A number of research analysts recently issued reports on NRIM shares. ValuEngine raised Northrim BanCorp from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 26th. Zacks Investment Research lowered Northrim BanCorp from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th.

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About Northrim BanCorp

Northrim BanCorp, Inc is a bank holding company. The Company operates in two segments: Community Banking and Home Mortgage Lending. The Community Banking segment’s principal business focus is the offering of loan and deposit products to business and consumer customers in its primary market areas. The Community Banking segment operates approximately 10 branches throughout Alaska.

Earnings History for Northrim BanCorp (NASDAQ:NRIM)

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