Northrim BanCorp Q2 EPS $1.62 Beats $1.31 Estimate
Portfolio Pulse from Benzinga Newsdesk
Northrim BanCorp (NASDAQ:NRIM) reported Q2 earnings per share (EPS) of $1.62, surpassing the analyst consensus estimate of $1.31 by 23.66%. This marks a 65.31% increase from the $0.98 EPS reported in the same period last year.
July 24, 2024 | 8:40 pm
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Northrim BanCorp reported Q2 EPS of $1.62, beating estimates by 23.66% and showing a significant YoY increase of 65.31%.
The significant beat on EPS estimates and the substantial year-over-year growth in earnings are likely to positively impact NRIM's stock price in the short term. Investors typically react favorably to such strong financial performance.
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RELEVANCE 100