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NRIMBullishEarningsnews
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Northrim BanCorp (NRIM) Tops Q2 Earnings and Revenue Estimates

Jul 24, 2024, 6:46 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

NRIM reported Q2 earnings of $1.62, beating estimates of $1.31. Quarterly revenues reached $36.63 million, surpassing consensus by 4.66%. Stock has gained 22.5% this year, outperforming the S&P 500's 16.5%. Earnings estimate revisions trend is mixed, currently rated Zacks #3 (Hold). Industry rank for Banks - West is in the bottom 29%, affecting outlook.

  • NRIM reported Q2 earnings of $1.62, beating estimates of $1.31.
  • Quarterly revenues reached $36.63 million, surpassing consensus by 4.66%.
  • Stock has gained 22.5% this year, outperforming the S&P 500's 16.5%.
  • Earnings estimate revisions trend is mixed, currently rated Zacks #3 (Hold).
  • Industry rank for Banks - West is in the bottom 29%, affecting outlook.

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