Northrim BanCorp, Inc. (NASDAQ: NRIM) Earnings Report Highlights

Core Viewpoint - Northrim BanCorp, Inc. reported a mixed financial performance for the fourth quarter of 2025, with a notable earnings miss but continued revenue growth year-over-year [2][3][6]. Financial Performance - The Earnings Per Share (EPS) for the fourth quarter was $0.54, which was below the estimated $0.64, resulting in a 15.63% downside surprise [2][6]. - Revenue for the quarter was $51.66 million, slightly below the anticipated $52.7 million, but it exceeded the Zacks Consensus Estimate by 1.69% and showed a significant increase from $43.87 million in the same quarter last year [3][6]. - Net income for the fourth quarter was $12.4 million, down from $27.1 million in the previous quarter, primarily due to a $14.2 million gain from asset sales in the third quarter [4]. - For the full year ending December 31, 2025, the company achieved a net income of $64.6 million, or $2.87 per diluted share [5]. Financial Ratios - The company has a P/E ratio of 8.82 and a debt-to-equity ratio of 0.09, indicating a conservative financial approach [5]. - The current ratio stands at 0.25, suggesting potential liquidity concerns in meeting short-term obligations [5].