Northrim BanCorp (Northrim BanCorp) Dividend Payout Ratio

: 0.50 (As of Dec. 2023)

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Northrim BanCorp's dividend payout ratio for the months ended in Dec. 2023 was 0.50.

The historical rank and industry rank for Northrim BanCorp's Dividend Payout Ratio or its related term are showing as below:

NRIM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.32 Max: 0.55
Current: 0.53

During the past 13 years, the highest Dividend Payout Ratio of Northrim BanCorp was 0.55. The lowest was 0.25. And the median was 0.32.

NRIM's Dividend Payout Ratio is ranked worse than
77.97% of 1094 companies
in the Banks industry
Industry Median: 0.33 vs NRIM: 0.53

As of today (2024-04-17), the Dividend Yield % of Northrim BanCorp is 5.36%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Northrim BanCorp was 6.50%. The lowest was 2.05%. And the median was 3.02%.

Northrim BanCorp's Dividends per Share for the months ended in Dec. 2023 was $0.60.

During the past 12 months, Northrim BanCorp's average Dividends Per Share Growth Rate was 31.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Northrim BanCorp was 28.60% per year. The lowest was -8.80% per year. And the median was 12.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Northrim BanCorp Dividend Payout Ratio Historical Data

The historical data trend for Northrim BanCorp's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northrim BanCorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.41

0.27

0.25

0.35

0.54

Northrim BanCorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.34	0.71	0.61	0.41	0.50

Competitive Comparison

For the Banks - Regional subindustry, Northrim BanCorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Northrim BanCorp Dividend Payout Ratio Distribution

For the Banks industry and Financial Services sector, Northrim BanCorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Northrim BanCorp's Dividend Payout Ratio falls into.

Northrim BanCorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Northrim BanCorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.4	/	4.49
	=	0.53

Northrim BanCorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.6	/	1.19
	=	0.50

Northrim BanCorp (NAS:NRIM) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Northrim BanCorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Northrim BanCorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Northrim BanCorp (Northrim BanCorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northrim BanCorp Inc (NAS:NRIM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NRI:Germany

Address

3111 C Street, Anchorage, AK, USA, 99503

Website

https://www.northrim.com

Northrim BanCorp Inc is a bank holding company. The company operates in two segments: Community Banking and Home Mortgage Lending. It generates maximum revenue from the Community Banking segment. It offers to spend and save products such as checking, savings, money market accounts, debit cards, cashback rewards, and credit cards. It also includes loans and credit lines, mortgage loans, investment, and plan products.

Executives

Linda C Thomas	director	P.O. BOX 20905, JUNEAU AK 99802
Murphy Krystal Nelson	director	3111 C STREET, ANCHORAGE AK 99503
Marilyn Romano	director	3111 C STREET, ANCHORAGE AK 99503
Aaron Michael Schutt	director	3111 C STREET, ANCHORAGE AK 99503
Joseph Marushack	director	3111 C STREET, ANCHORAGE AK 99503
David G Wight	director	3111 C STREET, ANCHORAGE AK 99503
John C Swalling	director	NORTHRIM BANCORP INC, PO BOX 241489, ANCHORAGE AK 99524-1489
David W Karp	director	4731 BLUE HERON CIRCLE, ANCHORAGE AK 99507
David J Mccambridge	director	3111 C STREET, ANCHORAGE AK 99503
Joseph M Schierhorn	officer: EVP, CFO	NORTHRIM BANCORP, INC., P.O. BOX 241489, ANCHORAGE AL 99524-1489
Jed W Ballard	officer: EVP, CFO	3111 C STREET, ANCHORAGE AK 99503
Larry S Cash	director	NORTHRIM BANCORPINC, PO BOX 241489, ANCHORAGE AK 99524-1489
Karl L Hanneman	director	506 GAFFNEY ROAD, SUITE 200, FAIRBANKS AK 99701
Anthony Drabek	director	NORTHRIM BANCORP, INC., P.O. BOX 241489, ANCHORAGE AL 99524-1489
Michael A Martin	officer: EVP, Gen Counsel & Corp Sec	3111 C STREET, ANCHORAGE AK 99503