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Northrim BanCorp reports Q3 2026 net income of $14.4M, impacted by credit loss provisions and plans to acquire PBCO.

Company Fundamentals
15 Oct 2026
GlobeNewsWire
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Neutral
Northrim BanCorp reports Q3 2026 net income of $14.4M, impacted by credit loss provisions and plans to acquire PBCO.

Northrim BanCorp posted a net income of $14.4 million ($0.63 per share) in Q3 2026, down from $27.1 million a year ago due to higher credit loss provisions and fewer asset sale gains. The bank saw record net interest income and strong deposit growth, with a net interest margin above 5%. Northrim is progressing on its acquisition of PBCO Financial Corporation, aiming to expand into Southern Oregon and the Willamette Valley, creating a company with over $4 billion in assets. Despite challenges in the Specialty Finance segment, the bank's diversified model and solid community banking credit quality support its outlook.

Northrim BanCorp's Q3 2026 earnings provide context for financial sector activity. For readers following Financials, here is Pluang's market snapshot as of Oct 16, 2026 04:12 WIB: 126 of 142 priced Financials-sector US stocks rose today. Notable movers include Sezzle Inc (SEZL) at USD 132.99 with a 1-day change of +8.03%, Upstart Holdings Inc (UPST) at USD 24.49 with +7.70%, and Affirm Holdings Inc (AFRM) at USD 75.77 with +7.46%.

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