ANCHORAGE, Alaska, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today announced that its Board of Directors has approved a 4-for-1 forward stock split of its common stock. The stock split is part of the Company's ongoing review of optimal trading and spread levels. The purpose of the split is to enhance stock liquidity, make shares more accessible to a broader base of retail investors, and support increased trading activity.
Related Questions
How will the 4-for-1 split affect NRIM's liquidity and bid‑ask spread in the short term?
Will the split attract additional retail investors and potentially dilute existing institutional ownership?
Are there any fundamental catalysts or upcoming events that could cause the post‑split price to diverge from the split‑adjusted baseline?