Northrim BanCorp Q3 net income rises to $27.1 million
Northrim BanCorp Inc. reported a significant increase in Q3 2025 net income to $27.1 million, up from $11.8 million in Q2 2025 and $8.8 million in Q3 2024. Earnings per share rose to $1.20, with a net interest margin of 4.8%. Total loans increased to $2.2 billion, and the quarterly dividend remained at $0.16 per share. The bank emphasized its branch expansion strategy and improved asset quality.
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. 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 November 12, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
