Northrim: Q4 Earnings Snapshot
By AP News
Published - Jan 25, 2024, 04:39 PM ET
Last Updated - Jan 25, 2024, 04:39 PM EST
ANCHORAGE, Alaska (AP) — ANCHORAGE, Alaska (AP) — Northrim BanCorp Inc. (NRIM) on Thursday reported net income of $6.6 million in its fourth quarter.
The Anchorage, Alaska-based bank said it had earnings of $1.19 per share.
The holding company for Northrim Bank posted revenue of $42.4 million in the period. Its revenue net of interest expense was $33.2 million, missing Street forecasts.
For the year, the company reported profit of $25.4 million, or $4.49 per share. Revenue was reported as $129.6 million.
