{"id":968630,"date":"2026-05-29T09:04:46","date_gmt":"2026-05-29T13:04:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-16-per-share-2\/"},"modified":"2026-05-29T09:04:46","modified_gmt":"2026-05-29T13:04:46","slug":"northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-16-per-share-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-16-per-share-2\/","title":{"rendered":"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.16 per Share"},"content":{"rendered":"
\n

ANCHORAGE, Alaska, May 29, 2026 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.16 per share. The dividend will be payable on June 18, 2026, to shareholders of record at the close of business on June 11, 2026.<\/p>\n

\u201cWe are pleased to announce a quarterly dividend of $0.16 per share, as we continue to provide returns to our shareholders,\u201d said Mike Huston, President and CEO. At the stock price of $24.74 per share at the close of the market on May 28, 2026, the current dividend equates to a yield of 2.59% on an annualized basis.<\/p>\n

On April 22, 2026, Northrim reported net income of $13.7 million, or $0.61 per diluted share, in the first quarter of 2026, compared to $12.4 million, or $0.55 per diluted share, in the fourth quarter of 2025, and $13.3 million, or $0.60 per diluted share, in the first quarter a year ago.<\/p>\n

\n About Northrim BanCorp <\/strong>\n <\/p>\n

Northrim is the holding company of Northrim Bank, an Alaska-based community bank with 20 branches throughout the State of Alaska (the \u201cBank\u201d). The Bank differentiates itself with its detailed knowledge of Alaska\u2019s economy and its \u201cCustomer First Service\u201d philosophy. Northrim Funding Services, a division of the Bank, operates a factoring and asset-based lending division in the State of Washington. Sallyport Commercial Finance, LLC, a specialty finance company, and Residential Mortgage, LLC, a regional home mortgage company, are wholly-owned subsidiaries of the Bank.<\/p>\n

\n
\n www.northrim.com<\/strong>
\n <\/a>\n <\/p>\n

Transmitted on Globe Newswire on May 29, 2026, at 5:00 a.m. Alaska Time.<\/p>\n\n\n\n\n\n\n
\n Contact:<\/em>\n <\/td>\nMike Huston, President, CEO, and COO<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n (907) 261-8750<\/em>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\nJed Ballard, Chief Financial Officer<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n (907) 261-3539<\/em>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

ANCHORAGE, Alaska, May 29, 2026 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.16 per share. The dividend will be payable on June 18, 2026, to shareholders of record at the close of business on June 11, 2026. \u201cWe are pleased to announce a quarterly dividend of $0.16 per share, as we continue to provide returns to our shareholders,\u201d said Mike Huston, President and CEO. At the stock price of $24.74 per share at the close of the market on May 28, 2026, the current dividend equates to a yield of 2.59% on an annualized basis. On April 22, 2026, Northrim reported net income of $13.7 … <\/p>\n

Continue reading “Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.16 per Share”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-968630","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNorthrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.16 per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-16-per-share-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Northrim BanCorp, Inc. 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