• Earnings Per Share (EPS) of $0.54 missed the estimated $0.64, marking a 15.63% downside surprise.
• Revenue reached $51.66 million, slightly below expectations but showing year-over-year growth.
• Net Income for the fourth quarter was $12.4 million, with a full-year net income of $64.6 million.

Northrim BanCorp, Inc. (NASDAQ: NRIM) is a financial services company based in Alaska, offering a variety of banking products and services. It competes with other regional banks and financial institutions within the area.

On January 23, 2026, NRIM reported an Earnings Per Share (EPS) of $0.54, which was below the estimated $0.64. This 15.63% earnings surprise on the downside highlights a shortfall compared to the Zacks Consensus Estimate. However, compared to the same quarter last year, the EPS increased from $0.49, indicating some growth.

Despite the earnings miss, NRIM's revenue for the quarter was $51.66 million, slightly below the anticipated $52.7 million. However, it exceeded the Zacks Consensus Estimate by 1.69% and showed a significant increase from the previous year's $43.87 million. This consistent revenue growth is a positive sign for the company.

NRIM's net income for the fourth quarter of 2025 was $12.4 million, or $0.55 per diluted share, down from $27.1 million, or $1.20 per diluted share, in the third quarter. The decline is mainly due to a $14.2 million gain from asset sales in the previous quarter. Increased operating expenses, including higher salaries and marketing costs, also impacted earnings.

For the full year ending December 31, 2025, NRIM achieved a net income of $64.6 million, or $2.87 per diluted share. The company's financial ratios, such as a P/E ratio of 8.82 and a debt-to-equity ratio of 0.09, indicate a conservative financial approach. However, a current ratio of 0.25 suggests potential liquidity concerns in meeting short-term obligations.