AP NEWS

Northrim: 2Q Earnings Snapshot

July 30, 2018

ANCHORAGE, Alaska (AP) _ Northrim BanCorp Inc. (NRIM) on Monday reported second-quarter profit of $5.8 million.

The bank, based in Anchorage, Alaska, said it had earnings of 84 cents per share.

The holding company for Northrim Bank posted revenue of $23.9 million in the period. Its revenue net of interest expense was $23.3 million, which topped Street forecasts.

Northrim shares have climbed 16 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $39.25, an increase of 36 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NRIM at https://www.zacks.com/ap/NRIM

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