22 July, 2025
northrim-bancorp-set-to-release-q2-earnings-on-july-23

Northrim BanCorp (NASDAQ: NRIM) is scheduled to announce its second-quarter earnings for 2025 on July 23, 2025, before the market opens. Analysts anticipate the company will report earnings of $2.26 per share and total revenue of $48.80 million for the quarter.

In its previous earnings announcement on April 23, 2025, Northrim BanCorp reported earnings of $2.38 per share, surpassing the consensus estimate of $1.56 by $0.82. The company’s revenue for that quarter reached $45.50 million, outperforming analysts’ expectations of $44.10 million. Northrim BanCorp achieved a return on equity of 15.97% and a net margin of 20.23%.

Stock Performance and Analyst Insights

Northrim BanCorp’s stock opened at $96.30 on July 22, 2025, reflecting a modest increase of 0.4%. The stock has seen fluctuations over the past year, with a 12-month low of $58.49 and a high of $100.21. Currently, the company has a market capitalization of $531.58 million and a price-to-earnings (P/E) ratio of 12.75.

Several research firms have recently provided updated insights on Northrim BanCorp. Hovde Group raised its price target for the stock from $99.00 to $104.00, maintaining an “outperform” rating. Meanwhile, Wall Street Zen upgraded Northrim BanCorp from a “hold” to a “buy” rating.

Institutional Investment Activity

Institutional investors have been active in adjusting their positions in Northrim BanCorp. Cubist Systematic Strategies LLC acquired a new stake valued at $210,000 during the first quarter of 2025. MIRAE ASSET GLOBAL ETFs Holdings Ltd. increased its holdings by 5.2%, now owning 3,182 shares valued at $233,000 after purchasing an additional 156 shares.

Jane Street Group LLC also made a notable entry, purchasing a new position valued at approximately $413,000. AQR Capital Management LLC expanded its stake by an impressive 171.3%, owning 13,352 shares worth $978,000 after acquiring an additional 8,431 shares. Goldman Sachs Group Inc. increased its position by 30.2%, now holding 28,470 shares valued at approximately $2,085,000.

Overall, institutional investors hold about 65.99% of Northrim BanCorp’s stock, reflecting significant confidence in the company’s future prospects.

Northrim BanCorp operates as the bank holding company for Northrim Bank, providing a range of commercial banking products and services. Its operations are segmented into Community Banking and Home Mortgage Lending, offering services such as noninterest-bearing checking accounts, individual retirement accounts, and certificates of deposit.

As the earnings announcement approaches, stakeholders and analysts alike will be closely monitoring Northrim BanCorp’s performance to gauge its financial health and strategic direction.