
Alaska-based community bank Northrim BanCorp's NRIM.O shares slide 6.9% to $23.50
Stock closed down 15% on Friday after Q4 results
Hovde Group analyst Brett Rabatin says reset of profitability expectations is needed, but believes the market overreacted to higher expenses and flattish interest income trends during Q4
Cuts FY26 EPS estimate to $2.59 and lowers PT by $2 to $31, which is still a 22.8% upside to last close
Two brokerages covering the stock rate "buy" or higher; median PT $30.50 — LSEG
NRIM stock gained 36.6% in 2025