Northrim BanCorp: Low Asset Yields To Mitigate Fed Rate Cut Impacts

  • Northrim BanCorp is a regional bank focused on Alaska, with 90% of Q2 2025 revenue coming from net interest income. Despite 1% of Fed rate cuts in 2024, the bank reported an improvement in its net interest margin, resulting in significantly higher earnings Y/Y. Looking ahead, yields on current loans and maturing investments remain below market levels, indicating stability in the net interest margin.