Northrim BanCorp. traded at $23.69 this Thursday March 5th, decreasing $0.64 or 2.63 percent since the previous trading session. Looking back, over the last four weeks, Northrim BanCorp lost 8.36 percent. Over the last 12 months, its price rose by 23.76 percent. Looking ahead, we forecast Northrim BanCorp. to be priced at 22.77 by the end of this quarter and at 20.74 in one year, according to Trading Economics global macro models projections and analysts expectations.
Northrim BanCorp, Inc. is a bank holding company. The Company operates through two segments: Community Banking and Home Mortgage Lending. The Community Banking segment's principal business focuses on the offering of loan and deposit products to business and consumer customers in its primary market areas. The Home Mortgage lending segment's principal business focuses on the origination and sale of mortgage loans for one- to four-family residential properties. The deposit services include business and personal noninterest-bearing checking accounts and interest-bearing time deposits, checking accounts, savings accounts, and individual retirement accounts. Its loan products include short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans. It also offers convenience services including mobile Web and text banking, consumer online account opening, personal finance, online documents, consumer debit cards and business debit cards.