Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy w ...

Northrim BanCorp (NRIM) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this holding company for Northrim Bank is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ea ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Nov. 17th:Roku (ROKU) : This company, which is the leading TV streaming platform provider in the United States, Canada and Mexico, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 83.3% over the last 60 days.Roku's shares gained 8% over the last three month compared with the S&P 500’s gain of 4.5%. The company possesses a Momentum Score ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Roku (ROKU) : This company, which is the leading TV streaming platform provider in the United States, Canada and Mexico, has seen the Zacks Consensus Estimate for its current year earnings increasing 83.3% over the last 60 day.AvePoint (AVPT) : This company, which is a data management solutions provider, has seen the Zacks Consensus Estimate for its current year earnings increasing 18.5% over the last 60 days.eToro Group Ltd. (ETOR) : T ...

Nov 13, 2025 10:12 AM Eastern Standard Time KBRA Assigns Ratings to Northrim BanCorp, Inc. Share NEW YORK--(BUSINESS WIRE)--KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Northrim BanCorp, Inc. (NASDAQ: NRIM)("Northrim" or "the company†). Additionally, KBRA assigns deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 to its subsidiary, Northrim Bank. ...

Nov 13, 2025 10:12 AM Eastern Standard Time KBRA Assigns Ratings to Northrim BanCorp, Inc. Share NEW YORK--(BUSINESS WIRE)--KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Northrim BanCorp, Inc. (NASDAQ: NRIM)("Northrim" or "the company†). Additionally, KBRA assigns deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 to its subsidiary, Northrim Bank. ...

Financial Performance - The Company reported net income of $27.1 million and earnings per diluted share of $1.20 for Q3 2025, compared to $8.8 million and $0.39 for Q3 2024, representing a significant increase [141]. - For the first nine months of 2025, net income was $52.2 million with earnings per diluted share of $2.32, up from $26.0 million and $1.17 in the same period of 2024 [141]. - Net income for Q3 2025 increased by $18.2 million to $27.1 million compared to $8.8 million in Q3 2024, driven by a $14.2 million gain on asset sales and a $6.5 million increase in net interest income [145]. - The Community Banking segment's net income increased by $15.2 million or 214% in Q3 2025, primarily due to the asset sale gain and a $6.4 million increase in net interest income [150]. - Home Mortgage Lending segment's net income rose by $579,000 or 45% in Q3 2025, attributed to a decrease in the provision for credit losses and higher mortgage servicing revenue [154]. - Specialty Finance segment's net income surged by $2.5 million or 541% in Q3 2025, largely due to the acquisition of Sallyport [162]. Loan and Deposit Growth - Portfolio loans reached $2.22 billion at September 30, 2025, an 11% increase year-over-year, driven by new customer relationships and market share expansion [141]. - Total deposits were $2.91 billion at September 30, 2025, up 11% from $2.63 billion a year ago, with non-interest bearing demand deposits increasing 14% to $872.1 million [141]. - Total loans in the commercial real estate sector reached $1.15 billion, accounting for 52.7% of the total loan portfolio as of September 30, 2025 [187]. - Demand deposits rose to $872.1 million, representing 30% of total deposits, up from 27% at the end of 2024 [195]. - Total deposits increased by $226.3 million, or 8%, to $2.91 billion as of September 30, 2025, compared to $2.68 billion as of December 31, 2024 [195]. Interest Income and Margin - The net interest margin improved to 4.83% for Q3 2025, up 54 basis points from the previous year [142]. - Net interest income for Q3 2025 increased by 23% or $6.5 million to $35.3 million compared to $28.8 million in Q3 2024 [166]. - Interest income increased by $6,562,000, a 17% rise compared to the same period in 2024, driven primarily by a $6,055,000 increase in loans [172]. - The net interest margin increased by 54 basis points to 4.83% in Q3 2025 compared to 4.29% in Q3 2024, reflecting a favorable change in earning-assets mix [166]. - Average loans to average interest-earning assets ratio increased to 75.89% from 72.29% year-over-year [170]. Credit Quality and Losses - Nonperforming loans, net of government guarantees, rose by $3.7 million or 49% to $11.3 million as of September 30, 2025, from $7.5 million at December 31, 2024 [143]. - Potential problem loans increased significantly to $28.7 million as of September 30, 2025, up from $1.6 million at December 31, 2024 [144]. - The provision for credit losses in the Community Banking segment was $1.6 million in Q3 2025, slightly up from $1.5 million in the same quarter last year [151]. - The company reported net loan charge-offs of $1.2 million for the quarter ended September 30, 2025, compared to a recovery of $51,000 in the same quarter of the previous year [192]. - The allowance for credit losses (ACL) for loans held for investment increased by $1.3 million from December 31, 2024, primarily due to higher loan balances and increased estimated loss rates [194]. Capital and Liquidity - The total risk-based capital ratio was 11.56% as of September 30, 2025, exceeding the minimum requirement of 8.00% [211]. - The Company had cash and cash equivalents of $212.7 million, or 6% of total assets, as of September 30, 2025, up from $62.7 million, or 2%, at December 31, 2024 [205]. - The Company expects to continue receiving dividends from the Bank during the remainder of 2025, as it meets all applicable capital adequacy requirements [203]. - The Company had no long-term borrowings outstanding other than FHLB advances as of September 30, 2025 [202]. Operating Expenses - Other operating expenses for the nine months ended September 30, 2025, increased by $15.4 million, or 20%, to $91.0 million, driven by higher salaries and personnel expenses [182]. - The provision for credit losses for the nine months ended September 30, 2025, was $2.6 million, compared to $2.1 million for the same period in 2024 [193]. Market and Investment - Investment securities decreased by 11% to $464.3 million as of September 30, 2025, from $524.1 million at December 31, 2024, primarily due to maturities and calls of available for sale securities [185]. - The average estimated duration of the investment portfolio was approximately 2.16 years as of September 30, 2025 [186]. - The company reported a 64% increase in nonearning assets, totaling $322,825,000 compared to $196,266,000 in the previous year [170].

Core Insights - Northrim BanCorp (NRIM) reported quarterly earnings of $0.72 per share, exceeding the Zacks Consensus Estimate of $0.62 per share, and showing an increase from $0.39 per share a year ago, resulting in an earnings surprise of +16.13% [1] - The company achieved revenues of $66.59 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 30.30%, compared to $40.43 million in the same quarter last year [2] Financial Performance - Over the last four quarters, Northrim has exceeded consensus EPS estimates three times and topped consensus revenue estimates four times [2] - The current consensus EPS estimate for the upcoming quarter is $0.60 on revenues of $49.9 million, while for the current fiscal year, it is $2.35 on revenues of $197.8 million [7] Market Position - Northrim shares have increased by approximately 7.7% since the beginning of the year, while the S&P 500 has gained 14.5% [3] - The Zacks Industry Rank for Banks - West, to which Northrim belongs, is currently in the bottom 37% of over 250 Zacks industries, indicating potential challenges in outperforming the market [8] Future Outlook - The sustainability of Northrim's stock price movement will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The estimate revisions trend for Northrim was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6]

[Executive Summary & Company Overview](index=1&type=section&id=Executive%20Summary%20%26%20Company%20Overview) Northrim BanCorp reported strong Q3 2025 financial performance, driven by asset sales, increased net interest income, and strategic acquisitions, while executing a stock split to boost liquidity [Third Quarter 2025 Financial Performance](index=1&type=section&id=Third%20Quarter%202025%20Financial%20Performance) Northrim BanCorp reported a significant increase in net income and diluted EPS for Q3 2025, primarily driven by a $14.2 million gain from asset sales, increased net interest income, and higher purchased receivable income, alongside a 4-for-1 forward stock split | Metric | Q3 2025 | Q2 2025 | Q3 2024 | | :----------------------- | :-------- | :-------- | :-------- | | Net Income | $27.1M | $11.8M | $8.8M | | Diluted EPS | $1.20 | $0.52 | $0.39 | - The increase in Q3 2025 profitability YoY was primarily due to a **$14.2 million gain** from the sale of certain assets by Pacific Wealth Advisors, an increase in **net interest income**, and higher **purchased receivable income**[1](index=1&type=chunk) - Northrim BanCorp's Board of Directors approved a **4-for-1 forward stock split**, effective September 22, 2025, to enhance stock liquidity, make shares more accessible to retail investors, and support increased trading activity[2](index=2&type=chunk) | Metric | Q3 2025 | Q1/Q2 2025 | Q3 2024 | | :--------------- | :-------- | :--------- | :-------- | | Dividends per share | $0.16 | $0.16 | $0.155 | [Strategic Initiatives & Market Position](index=1&type=section&id=Strategic%20Initiatives%20%26%20Market%20Position) The company achieved record core earnings with increasing loan yields and decreasing deposit costs, significantly growing its Alaskan deposit market share and benefiting from the Sallyport Commercial Finance acquisition - Northrim's Alaskan deposit market share increased by **187 basis points to 17.5%** in 2025 and by **531 basis points** over the past five years[4](index=4&type=chunk) - The acquisition of Sallyport Commercial Finance, LLC, completed on October 31, 2024, significantly increased **purchased receivable income**, contributing to overall profitability[1](index=1&type=chunk) [Key Financial Highlights (Q3 2025 vs. Prior Periods)](index=1&type=section&id=Key%20Financial%20Highlights) Key financial highlights for Q3 2025 show substantial growth in net income, diluted EPS, and returns on assets and equity compared to prior periods, with improved net interest income and margin, and a decreased efficiency ratio | Financial Highlights (USD, except per share data) | Sep 30, 2025 (USD) | Jun 30, 2025 (USD) | Sep 30, 2024 (USD) | | :------------------------------------------------- | :----------------- | :----------------- | :----------------- | | Total assets | $3.31B | $3.24B | $2.96B | | Total portfolio loans | $2.22B | $2.20B | $2.01B | | Total deposits | $2.91B | $2.81B | $2.63B | | Net income | $27.1M | $11.8M | $8.8M | | Diluted earnings per share | $1.20 | $0.52 | $0.39 | | Return on average assets | 3.32 % | 1.48 % | 1.22 % | | Return on average shareholders' equity | 35.66 % | 16.37 % | 13.69 % | | NIMTE | 4.88 % | 4.72 % | 4.35 % | | Efficiency ratio | 45.51 % | 64.68 % | 66.11 % | - Net interest income in Q3 2025 increased **5% QoQ to $35.3 million** and **23% YoY to $28.8 million**[5](index=5&type=chunk) - Net interest margin on a tax equivalent basis (NIMTE) was **4.88% for Q3 2025**, up **16-basis points QoQ** and **53-basis points YoY**[5](index=5&type=chunk) [Alaska Economic Update](index=3&type=section&id=Alaska%20Economic%20Update) Alaska's economy shows mixed trends with stable employment growth, strong personal income, increasing GSP, and moderate inflation, while the oil and gas sector and Permanent Fund remain significant contributors [Employment and Income Trends](index=3&type=section&id=Employment%20and%20Income%20Trends) Alaska's unemployment rate in August 2025 was 4.7%, slightly higher than the U.S. rate, with payroll jobs growing 0.8% year-over-year, and personal income showing strong annualized improvements | Metric | Alaska (Aug 2025) | U.S. (Aug 2025) | | :-------------------- | :---------------- | :-------------- | | Seasonally Adjusted Unemployment Rate | 4.7% | 4.3% | | Payroll Jobs YoY Growth | 0.8% | 0.8% | - Key sectors with job growth include **Oil and Gas (+6%)**, **Construction (+4.8%)**, **Manufacturing (+5.7%)**, and **Health Care (+2.1%)**[9](index=9&type=chunk) | Metric | Q1 2025 (Annualized) | Q2 2025 (Annualized) | 2024 (Annual) | | :-------------------- | :------------------- | :------------------- | :------------ | | Alaska Personal Income Improvement | 9.7% | 5.0% | 5.8% | | U.S. Personal Income Improvement | 6.4% | 5.5% | 5.6% | | Alaska Per Capita Personal Income (Estimated) | $80,208 | - | - | [Economic Output and Trade](index=3&type=section&id=Economic%20Output%20and%20Trade) Alaska's Gross State Product reached $74.2 billion in Q2 2025, with real GSP increasing by 2%, led by key sectors, and exports totaling $5.9 billion in 2024, primarily to China | Metric | Q2 2025 | Q1 2025 (Annualized) | 2024 (Annual) | | :-------------------- | :-------- | :------------------- | :------------ | | Alaska GSP | $74.2B | - | - | | Alaska Real GSP Growth | 2.0% | 1.8% | 1.5% | | U.S. GDP Growth | 3.8% | -0.6% | 2.8% | | 2024 Exports | Value ($B) | | :-------------------- | :--------- | | Total Goods Exported | $5.9 | | Largest Importer | China ($1.5B) | | Top Products | Fish ($2.1B), Minerals & Ores ($2B), Primary Metals ($992M) | [Inflation and Housing Market](index=3&type=section&id=Inflation%20and%20Housing%20Market) Inflation in Alaska was lower than the U.S. average at 2.4% YoY through August 2025, with housing costs as a significant contributor, while the housing market in Anchorage and Matanuska Susitna Borough saw price and sales growth | Metric | Alaska (Aug 2024-Aug 2025) | U.S. (Aug 2024-Aug 2025) | | :-------------------- | :------------------------- | :----------------------- | | CPI Increase | 2.4% | 2.9% | | Largest Increases | Apparel (+6.9%), Food and beverage (+3.9%), Housing (+3.8%) | - | | Housing Market (Single-Family Home Average Sales Price) | 2024 YoY Increase | 2025 YTD Increase (through Sep) | | :------------------------------------------------------ | :---------------- | :------------------------------ | | Anchorage | 6.2% | 3.7% | | Matanuska Susitna Borough | 3.8% | 6.7% | | Housing Market (Units Sold) | 2024 YoY Change | 2025 YTD Change (through Sep) | | :-------------------------- | :-------------- | :---------------------------- | | Anchorage | +3.4% | +4.7% | | Matanuska Susitna Borough | -0.2% | +11.1% | [Oil & Gas Sector and Permanent Fund](index=3&type=section&id=Oil%20%26%20Gas%20Sector%20and%20Permanent%20Fund) Alaska North Slope crude oil prices averaged $69.29 in August 2025, with production projected to grow significantly due to new field developments, and the Alaska Permanent Fund reaching $83.26 billion | Metric | FY 2024 | FY 2025 | FY 2034 (Projected) | | :-------------------- | :------ | :------ | :------------------ | | ANS Crude Oil Production (thousand bpd) | 461 | 469 | 663 (+41%) | - The projected growth in oil production is primarily due to new production from the **Pikka and Willow fields**, along with several smaller new fields in Alaska's North Slope[15](index=15&type=chunk) | Metric | As of Aug 31, 2025 | | :-------------------- | :----------------- | | Alaska Permanent Fund Value | $83.26 billion | | FY 2025 Contribution to General Fund | $3.7 billion | | Annual Dividend to Alaskan Residents | $1,000 (

Core Points - Northrim BanCorp reported a significant increase in net income for Q3 2025, reaching $27.1 million or $1.20 per diluted share, compared to $11.8 million or $0.52 per diluted share in Q2 2025 and $8.8 million or $0.39 per diluted share in Q3 2024, primarily driven by a $14.2 million gain from asset sales and increased net interest income [1][4][5] Financial Performance - Net interest income rose 5% to $35.3 million in Q3 2025 from $33.6 million in Q2 2025, and increased 23% from $28.8 million in Q3 2024 [5][22] - The net interest margin on a tax-equivalent basis (NIMTE) was 4.88% for Q3 2025, up 16 basis points from Q2 2025 and 53 basis points from Q3 2024 [5][23] - Return on average assets (ROAA) was 3.32% and return on average equity (ROAE) was 35.66% for Q3 2025, compared to 1.48% and 16.37% in Q2 2025, and 1.22% and 13.69% in Q3 2024 [5][21] Asset and Deposit Growth - Total assets reached $3.31 billion as of September 30, 2025, up from $3.24 billion in Q2 2025 and $3.04 billion a year ago [6] - Total deposits increased to $2.91 billion, up 3% from Q2 2025 and 11% from $2.63 billion a year ago [5][6] - Non-interest bearing demand deposits rose 12% from Q2 2025 and 14% year-over-year to $872.1 million, representing 30% of total deposits [5] Loan Portfolio - Portfolio loans were $2.22 billion at the end of Q3 2025, up 1% from Q2 2025 and 11% from a year ago [5][6] - Mortgage loan originations totaled $234 million in Q3 2025, down from $277.1 million in Q2 2025 and $248 million in Q3 2024 [5][39] Other Operating Income and Expenses - Other operating income contributed $31.2 million, or 47% of total revenues in Q3 2025, significantly up from $16.6 million or 33% in Q2 2025 [28] - Operating expenses were $30.3 million in Q3 2025, down from $32.5 million in Q2 2025 but up from $26.7 million in Q3 2024 [29] Stock Split - The Company executed a 4-for-1 forward stock split effective after the close of business on September 22, 2025, aimed at enhancing stock liquidity and accessibility for retail investors [2] Community Banking and Market Share - Northrim's deposit market share in Alaska increased to 17.5% as of June 30, 2025, up 187 basis points from the previous year [4][31]