A Director at Northrim Bancorp (NRIM) is Selling Shares

Today, a Director at Northrim Bancorp (NRIM), Anthony Drabek, sold shares of NRIM for $30.33K.

Following Anthony Drabek’s last NRIM Sell transaction on May 29, 2019, the stock climbed by 3.3%.

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Based on Northrim Bancorp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $29.34 million and quarterly net profit of $7.54 million. In comparison, last year the company earned revenue of $25.44 million and had a net profit of $5.26 million. The company has a one-year high of $42.28 and a one-year low of $29.66. NRIM’s market cap is $239.8M and the company has a P/E ratio of 12.01.

The insider sentiment on Northrim Bancorp has been positive according to 22 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Northrim Bancorp, Inc. operates as a bank holding company, which provides personal, business, and commercial banking products and services. It operates through two segments: Community Banking and Home Mortgage Lending. The Community Banking segment offers loan and deposit products to business and consumer customers in the company’s primary market areas.

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