Northrim BanCorp Inc. Reports Strong Q2 2025 Results; Net Income Grows with 25% Increase in EPS

Reuters
07/30
<a href="https://laohu8.com/S/NRIM">Northrim BanCorp Inc</a>. Reports Strong <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results; Net Income Grows with 25% Increase in EPS

Northrim BanCorp Inc., a $3.2 billion community bank focused on providing financial services to Alaskan residents and businesses, reported its financial results for the second quarter of 2025. The company recorded a net income of $11.778 million, with an earnings per share $(EPS)$ of $2.09. The bank's return on average assets (ROAA) stood at 1.48%, while the return on average equity (ROAE) was 16.37%. Northrim experienced a loan growth of 17.4% year-over-year, with the total loans amounting to $2.202 billion. The net interest margin $(NIM)$ was reported at 4.66%, and the portfolio loan yield reached 6.99%. The cost of interest-bearing deposits was 2.04%. Northrim's total deposits increased to $2.809 billion, and the shareholders' equity to total assets was 8.95%. The bank continues to focus on maintaining a strong balance sheet while expanding its market share, which has increased by 540 basis points since 2018. Furthermore, the bank has repurchased approximately 20% of its outstanding shares over the last six years and increased its dividend by 100% in the past four years, currently at $0.64 per share per quarter. No specific outlook or guidance for future periods was disclosed in the report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northrim BanCorp Inc. published the original content used to generate this news brief on July 29, 2025, and is solely responsible for the information contained therein.

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