BRIEF-Northrim Bancorp Announces Acquisition Of Sallyport Commercial Finance Llc

Reuters
02 Nov 2024

Nov 1 (Reuters) - Northrim BanCorp Inc :

* NORTHRIM BANCORP ANNOUNCES ACQUISITION OF SALLYPORT COMMERCIAL FINANCE, LLC

* NORTHRIM BANCORP INC - ACQUIRES SALLYPORT COMMERCIAL FINANCE FOR $53.9 MILLION

* NORTHRIM BANCORP INC - DEAL EXPECTED TO PROVIDE 15% EARNINGS ACCRETION TO 2025 OPERATING RESULTS

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((Reuters.Briefs@thomsonreuters.com;))

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