Northrim Bancorp Inc (NRIM) 27.84 $NRIM Northrim BanCorp

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Aug 2, 2016 at 10:05 AM

Northrim Bancorp Inc (NRIM) 27.84 $NRIM

Northrim BanCorp Earns $4.4 Million, or $0.63 per Diluted Share in 2Q16
GlobeNewswire - Mon Aug 01, 3:00PM CDT
Northrim BanCorp, Inc. (NASDAQ:NRIM) ("Northrim" or the "Company"

today reported a 29% increase in second quarter net income attributable to the Company compared to the linked quarter primarily due to higher mortgage production. Net income attributable to the Company decreased 9% in the second quarter of 2016 compared to the same quarter a year ago mainly due to increased operating expenses this year in the community banking segment. Net income attributable to the Company in the second quarter of 2016 totaled $4.4 million, or $0.63 per diluted share, compared to $4.8 million, or $0.69 per diluted share, in the second quarter of 2015, and $3.4 million, or $0.48 per diluted share, in the first quarter of 2016. In the first half of 2016, net income attributable to the Company decreased to $7.7 million, or $1.11 per diluted share, compared to $8.3 million, or $1.20 per diluted share in the first half of 2015 mainly due to higher refinancing activity in the home mortgage lending segment in 2015.
NRIM: 27.84 (-0.56)

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.19 per Share
GlobeNewswire - Fri May 27, 8:00AM CDT
Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that its Board of Directors declared its regular quarterly cash dividend of $0.19 per share. The dividend will be payable on June 24, 2016, to shareholders of record at the close of business on June 16, 2016.
NRIM: 27.84 (-0.56)

Northrim BanCorp to Participate in the 18th Annual D.A. Davidson Financial Institutions Conference
GlobeNewswire - Wed May 04, 1:00PM CDT
Northrim BanCorp, Inc. (NASDAQ:NRIM) ("Northrim"

today announced Joseph Beedle, President and CEO, is scheduled to participate at the 18th Annual D.A. Davidson Financial Institutions Conference in Denver from May 9 to 11, 2016.
NRIM: 27.84 (-0.56)

Northrim BanCorp Earns $3.4 Million, or $0.48 per Diluted Share in 1Q16
GlobeNewswire - Tue May 03, 8:00AM CDT
Northrim BanCorp, Inc. (NASDAQ:NRIM) ("Northrim" or the "Company"

today reported net income in the first quarter of 2016 was $3.4 million, or $0.48 per diluted share, compared to $4.1 million, or $0.59 per diluted share in the fourth quarter of 2015 and $3.6 million, or $0.51 per diluted share, in the first quarter of 2015.
NRIM: 27.84 (-0.56)

The Zacks Analyst Blog Highlights: Northrim Bancorp, First Bank, Sussex Bancorp, First Bancorp and First NBC Bank Holding
Zacks Equity Research - Zacks Investment Research - Tue Apr 12, 8:30AM CDT
The Zacks Analyst Blog Highlights: Northrim Bancorp, First Bank, Sussex Bancorp, First Bancorp and First NBC Bank Holding
FRBA: 7.20 (-0.01), SBBX: 15.16 (-0.24), FBP: 4.57 (+0.03), NRIM: 27.84 (-0.56), FNBC: 17.77 (-0.33)

5 Value Regional Bank Stocks to Buy Now
Swarup Gupta - Zacks Investment Research - Mon Apr 11, 10:39AM CDT
It has been a bad year for bank stocks and it may be the right time to pick up undervalued picks
FRBA: 7.20 (-0.01), FMER: 21.04 (-0.01), MTU: 4.97 (-0.20), NYCB: 14.39 (-0.04), HBAN: 9.38 (unch), JPM: 63.89 (+0.09), SBBX: 15.16 (-0.24), AF: 14.59 (-0.03), C: 43.43 (+0.01), FBP: 4.57 (+0.03), BAC: 14.42 (+0.09), NRIM: 27.84 (-0.56), FNBC: 17.77 (-0.33), MS: 28.49 (-0.01)

Fifth Third Offers Early Retirement Buyouts to Cut Costs
Zacks Equity Research - Zacks Investment Research - Fri Apr 08, 2:15PM CDT
As part of its attempts to curb costs, Fifth Third (FITB) offered employees early retirement buyouts in the first quarter of 2016.
FITB: 18.74 (-0.04), WAL: 33.75 (-0.10), NRIM: 27.84 (-0.56), FNBC: 17.77 (-0.33)

JPMorgan (JPM) Fined $225K by CFTC for Inaccurate LTRs
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 2:05PM CDT
JPMorgan (JPM) was penalized by the Commodity Futures Trading Commission ("CFTC"

for failing to submit accurate large trader reports ("LTRs"

for physical commodity swap positions.
BOFI: 16.26 (+0.17), JPM: 63.89 (+0.09), WAL: 33.75 (-0.10), NRIM: 27.84 (-0.56)

Northrim BanCorp to Participate in FIG Partners West Coast Bank CEO Forum
GlobeNewswire - Tue Feb 02, 11:40AM CST
Northrim BanCorp, Inc. (NASDAQ:NRIM) ("Northrim"

today announced that Joseph Beedle, President and CEO, and Joe Schierhorn, Chief Operating Officer, are scheduled to participate in the FIG Partners' 7 Annual West Coast Bank CEO Forum on Thursday, February 4, 2016, in Los Angeles. Beedle will be one of the speakers on the Leaders Bank Panel scheduled for 10:55 a.m.
NRIM: 27.84 (-0.56)

Northrim BanCorp Reports 2015 Profit of $17.8 Million, or $2.56 per Diluted Share
GlobeNewswire - Fri Jan 29, 7:20PM CST
Northrim BanCorp, Inc. (NASDAQ:NRIM) ("Northrim" or the "Company"

today reported that continued demand for home mortgages and stability in portfolio loans and deposits contributed to profits in 2015. Net income in the fourth quarter of 2015 was $4.1 million, or $0.59 per diluted share, compared to $5.3 million, or $0.77 per diluted share, in the third quarter of 2015, and $6.7 million, or $0.97 per diluted share, in the fourth quarter of 2014. For the full year in 2015, net income increased 2% to $17.8 million, or $2.56 per diluted share, compared to $17.4 million, or $2.54 per diluted share in 2014.
NRIM: 27.84 (-0.56)

Northrim BanCorp, Inc. Declares Cash Dividend of $0.19 per Share
GlobeNewswire - Fri Nov 20, 12:30PM CST
Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that the Board of Directors declared its regular quarterly cash dividend of $0.19 per share. The dividend will be payable on December 18, 2015, to shareholders of record as of the close of business on December 10, 2015.
NRIM: 27.84 (-0.56)

JPMorgan to Settle California Credit Card Suit for $100M
Zacks Equity Research - Zacks Investment Research - Tue Nov 03, 1:54PM CST
JPMorgan (JPM) will have to shell out $50 million in compensation to customers and another $50 million in fines to the state of California over similar charges.
BOFI: 16.26 (+0.17), JPM: 63.89 (+0.09), NRIM: 27.84 (-0.56), PCBK: 14.61 (+0.01)

Northrim BanCorp Reports 3Q15 Profit Growth of 12% in Quarter and 44% Compared to 3Q14 Resulting in Earnings of $5.3 Million, or $0.77 Per Diluted Share in 3Q15
GlobeNewswire - Tue Oct 27, 3:00PM CDT
Northrim BanCorp, Inc. (NASDAQ:NRIM) ("Northrim" or the "Company"

today reported that continued demand for home mortgages from new purchasers and portfolio loan and deposit growth generated a 44% increase in third quarter profits and a 27% increase in profits year-to-date compared to the same periods a year ago. Net income in the third quarter of 2015 was $5.3 million, or $0.77 per diluted share, compared to $4.8 million, or $0.69 per diluted share, in the second quarter of 2015, and $3.7 million, or $0.53 per diluted share, in the third quarter of 2014. For the first nine months of 2015, net income was $13.7 million, or $1.97 per diluted share, compared to $10.7 million, or $1.57 per diluted share in the first nine months of 2014.
NRIM: 27.84 (-0.56)

Marc Langland to Retire as Northrim BanCorp Chairman; Joe Beedle to Become Chairman and Joe Schierhorn Appointed to Board of Directors
GlobeNewswire - Mon Oct 26, 11:00AM CDT
Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that Marc Langland will be retiring from the Board of Directors of both the Bancorp and Northrim Bank effective December 31, 2015. Joe Beedle, President, CEO and a director will assume the duties of Chairman of the Board for both the Bancorp and Northrim Bank. Joe Schierhorn, Chief Operating Officer and Northrim Bank's President, will be appointed to fill Langland's seat on both the Bancorp and Northrim Bank's boards and will become the CEO of Northrim Bank. The appointments for Mr. Beedle and Mr. Schierhorn will become effective January 1, 2016.
NRIM: 27.84 (-0.56)

Interactive Brokers Gain 3% on Improved September Metrics
Zacks Equity Research - Zacks Investment Research - Fri Oct 02, 2:15PM CDT
Shares of Interactive Brokers (IBKR) rose nearly 3% following the release of its Electronic Brokerage segment's metrics for Sep 2015, which improved on a year-over-year basis.
IBKR: 35.08 (-0.05), BOCH: 6.61 (-0.02), WETF: 10.05 (-0.05), NRIM: 27.84 (-0.56)

4 Reasons Why First Republic (FRC) is a Solid Pick Now
Zacks Equity Research - Zacks Investment Research - Tue Sep 29, 8:40AM CDT
We believe adding First Republic Bank (FRC) to your investment portfolio is a good idea now
BOFI: 16.26 (+0.17), FRC: 70.96 (-0.07), FFBC: 21.27 (+0.12), NRIM: 27.84 (-0.56)

Northrim BanCorp to Participate in FIG Partners 11th Annual East Coast Bank CEO Forum
GlobeNewswire - Fri Sep 25, 4:52PM CDT
Northrim BanCorp, Inc. (NASDAQ:NRIM) ("Northrim"

today announced that Joseph Beedle, President and CEO, and Joe Schierhorn, Chief Operating Officer and President of Northrim Bank will be attending the FIG Partners 11 Annual East Coast Bank CEO Forum in Atlanta. Beedle is scheduled to participate on the panel on Emerging Risks--Rates, Energy and Other Concerns on Tuesday, September 29, at 8:15 a.m.
NRIM: 27.84 (-0.56)

Northrim BanCorp, Inc. Increases Cash Dividend to $0.19 per Share
GlobeNewswire - Mon Aug 31, 3:00PM CDT
Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend to $0.19 per share. The dividend will be payable September 18, 2015, to shareholders of record as of the close of business on September 10, 2015. Year-to-date 2015 profits increased 19% to $8.3 million, or $1.20 per diluted share, from $7.0 million, or $1.04 per diluted share, in the first half of 2014.
NRIM: 27.84 (-0.56)

How Northrim Bancorp (NRIM) Stock Stands Out in a Strong Industry
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 7:38AM CDT
Northrim Bancorp is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective
NRIM: 27.84 (-0.56)

Zions Continues Restructuring; Should You Buy More?
Zacks Equity Research - Zacks Investment Research - Fri Aug 21, 10:20AM CDT
On Aug 20, we issued an updated research report on Zions Bancorporation (ZION). Shares of this Utah-based banking and related services provider have recorded a year-to-date return of 2.4%.
BOFI: 16.26 (+0.17), PFBC: 32.25 (unch), NRIM: 27.84 (-0.56), ZION: 27.39 (+0.04)

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