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Northrim: 3Q Earnings Snapshot

Oct 26, 2020 - Associated Press

ANCHORAGE, Alaska _ Northrim BanCorp Inc. on Monday reported third-quarter profit of $11.9 million.

The bank, based in Anchorage, Alaska, said it had earnings of $1.84 per share.

The holding company for Northrim Bank posted revenue of $41.4 million in the period. Its revenue net of interest expense was $39.9 million, which beat Street forecasts.

Northrim shares have decreased 19% since the beginning of the year. In the final minutes of trading on Monday, shares hit $30.85, a de...