Gold prices fall as geopolitical tensions ease; U.S. CPI looms
Marilyn Romano, a director at Northrim Bancorp Inc. (NASDAQ:NRIM), recently acquired 200 shares of the company’s common stock. The purchase, made on March 24, 2025, amounted to a total value of $15,125, with each share priced at approximately $75.63. Following this transaction, Romano’s direct ownership of Northrim Bancorp shares increased to 1,207 shares. The bank stock, with a market capitalization of $412 million, trades at an attractive P/E ratio of 11.2 and offers a dividend yield of 3.4%. InvestingPro analysis shows the stock has delivered an impressive 59% return over the past year. Northrim Bancorp, based in Anchorage, Alaska, operates as a federally chartered savings institution. According to InvestingPro data, the company has maintained dividend payments for 31 consecutive years and currently appears fairly valued based on its Fair Value assessment. Analysts have set a target price of $99 per share, suggesting potential upside from current levels.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.