Northrim BanCorp Q3 net income rises to $27.1 million
Reuters
Nov 13, 2025
Northrim BanCorp Q3 net income rises to $27.1 million
Northrim BanCorp Inc. reported third quarter 2025 earnings per share of $1.20, up from $0.52 in the previous quarter and $0.39 in the same period last year. Net income reached $27.1 million, compared to $11.8 million in Q2 2025 and $8.8 million in Q3 2024. The bank's net interest margin was 4.8%, rising from 4.7% in Q2 2025 and 4.3% in Q3 2024. Return on average assets stood at 3.3%, while return on average equity was 35.7%. Total loans increased to $2.2 billion from $2.0 billion a year earlier. The company continued its branch expansion strategy and highlighted increased market share, enhanced loan and deposit originations, and a strong focus on asset quality. The quarterly dividend remained at $0.16 per share.
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