NRIM Stock Recent News
NRIM LATEST HEADLINES
Northrim (NRIM) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Northrim (NRIM) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Northrim (NRIM) delivered earnings and revenue surprises of 30.37% and 2.89%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Northrim (NRIM) announces a 22% increase in the quarterly dividend. This, along with share repurchase plans, enhances shareholder value.
The negative loan trend will likely reverse soon due to the ending of PPP forgiveness and high oil prices. Thanks to a largely rate-sensitive loan portfolio, the net interest income stands to benefit from a rising interest-rate environment.
Northrim BanCorp shares have doubled since I highlighted them in May 2020 as a good way to play an eventual recovery in the oil and tourism sectors. I expect Northrim to continue to outperform the market over time.