Northrim BanCorp Q4 EPS $1.19 Misses $1.24 Estimate
Portfolio Pulse from Benzinga Newsdesk
Northrim BanCorp (NASDAQ:NRIM) reported Q4 earnings of $1.19 per share, missing the consensus estimate of $1.24 by 4.03%. This represents a 19.59% decrease from the $1.48 per share earned in the same quarter last year.
January 25, 2024 | 9:22 pm
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Northrim BanCorp reported lower-than-expected Q4 earnings at $1.19 per share compared to estimates of $1.24, marking a significant year-over-year decline.
Missing earnings estimates and reporting a significant decrease compared to the previous year's earnings are likely to negatively impact investor sentiment and the stock price in the short term.
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