Northrim BanCorp, Inc.
Northrim BanCorp, Inc. (NASDAQ: NRIM) is trading at $24.98, about ₹2,396 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 1.46% today. Indian residents can buy Northrim BanCorp from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.61
Today's high
$25.14
52 week low
$19.60
52 week high
$30.82
NRIM opened at $24.88, closed previously at $24.62, and has traded between $19.60 and $30.82 over the past 52 weeks.
About
Northrim BanCorp, Inc. functions as the parent entity for Northrim Bank, which delivers a comprehensive range of commercial banking products and services primarily to businesses and professional clients. Its operations are divided into two main divisions: Community Banking and Home Mortgage Lending. The bank offers a diverse suite of deposit accounts, including noninterest-bearing checking accounts, interest-bearing time deposits, standard checking and savings accounts, individual retirement accounts (IRAs), money market deposit accounts, certificates of deposit (CDs), and specialized business sweep accounts. For lending needs, it provides various short and medium-term commercial loans, commercial lines of credit, construction and real estate financing, consumer loans, and solutions for short-term working capital. Customers benefit from extensive digital and convenience services such as consumer and business online banking, a mobile app with mobile deposit capabilities, mobile web and text banking, online account opening, personal finance management tools, digital document access, and a variety of debit and credit card offerings. Further convenience is provided through telebanking and automated teller machines (ATMs). Northrim also facilitates numerous financial transactions and business solutions, including personalized checks, overdraft protection via savings accounts, commercial drive-up banking, automated transfers and payments, peer-to-peer payments (People Pay), external and wire transfers, Bill Pay, direct payroll deposits, electronic tax payments, and comprehensive Automated Clearing House (ACH) origination and receipt services. Advanced business tools include remote deposit capture, account reconciliation, positive pay for fraud prevention, merchant services, and robust cash management solutions. Additionally, it offers annuity products and long-term investment portfolio management. Beyond traditional banking, the company extends its services to include investment advisory, trust services, wealth management, factoring, and mortgage brokerage. As of January 28, 2022, Northrim BanCorp operated 17 branches situated in key Alaskan locations: Anchorage (where its headquarters are located), the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka. The company was established in 1990.
Key statistics
Avg. volume
156.81K
Market cap
$555.67M
P/E Ratio
8.06
Price-to-sales ratio
2.23
Enterprise value
$476.49M
Free cash flow yield
33.49%
Debt-to-equity ratio
0.27
Return on equity
20.68%
ROIC
2.14%
Beta
0.89
Dividend yield
2.60%
Last dividend
$0.65
Financial overview
Revenue
$242.53M
Earnings per share
$2.92
Free cash flow
$133.87M
Net profit margin
27.52%
Gross margin
81.58%
EBITDA
$88.81M
Revenue growth
23.77%
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This is not an investment recommendation
How to buy Northrim BanCorp from India
Indian residents can buy Northrim BanCorp shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Northrim BanCorp and place an order
Find Northrim BanCorp by name or by its ticker, NRIM, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Northrim BanCorp trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Northrim BanCorp position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Northrim BanCorp from India
Trading and taxes when buying Northrim BanCorp from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Northrim BanCorp’s current yield is 2.60%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Northrim BanCorp stock?
Yes. Northrim BanCorp (NRIM) has been listed on NASDAQ since 1990, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Northrim BanCorp share cost in rupees?
One Northrim BanCorp share is $24.98 — about ₹2,396 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Northrim BanCorp price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Northrim BanCorp from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Northrim BanCorp?
Yes. One Northrim BanCorp share is $24.98, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Northrim BanCorp.
How are gains on Northrim BanCorp shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Northrim BanCorp price. Paasa issues a capital-gains statement for your return.
Does Northrim BanCorp pay a dividend, and how is it taxed in India?
Yes. Northrim BanCorp pays a dividend and the current yield is 2.60%; the last declared dividend was $0.65 per share, about ₹62.35. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Northrim BanCorp from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Northrim BanCorp shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Northrim BanCorp shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Northrim BanCorp holding, its cost and its closing value.
How do I sell Northrim BanCorp and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.