Northrim BanCorp Declares Quarterly Dividend for December 2025

Northrim BanCorp's board of directors has approved the company's regular quarterly cash dividend, authorizing a payment of $0.16 per share for December 2025. This capital return to shareholders is supported by a significant surge in the company's quarterly earnings.

The dividend will be distributed on December 26, 2025. To qualify for the payment, shareholders must be on record as of the close of business on December 18, which serves as the record date. Based on the share price from the previous trading session, this declared dividend translates to an annualized yield of 2.55%.

A substantial increase in net income provides a solid foundation for the dividend declaration. For the third quarter of 2025, Northrim reported net earnings of $27.1 million. This result marks a pronounced climb from the $8.8 million earned in the comparable quarter the prior year and also exceeds the $11.8 million net income posted in the second quarter of 2025.

Should investors sell immediately? Or is it worth buying Northrim?

On a per-share basis, diluted earnings for the most recent quarter came in at $1.20. Given this robust profitability, the $0.16 quarterly dividend appears well-covered and conservative, representing a modest portion of the quarterly earnings.

Key Dates for Investor Attention

The immediate focus for investors is the record date of December 18. Ownership of shares as of this date is the sole requirement to receive the upcoming dividend distribution. Following this corporate action, market participants will likely turn their attention to the company's forthcoming financial results, with fourth-quarter 2025 earnings serving as the next significant milestone for evaluating the institution's performance.