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Monday, July 27, 2026
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Northrim BanCorp to acquire PBCO Financial for $167 million

First publishedJul 27, 14:28 UTC
Last updatedJul 27, 16:28 UTC · 9m ago
11 outletInvesting.com · Company News
Investing.com · Company News5Northrim BanCorp to acquire PBCO Financial for $167 millionOpen ↗
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Northrim BanCorp to acquire PBCO Financial for $167 million
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Answer

ANCHORAGE, Alaska/MEDFORD, Oregon - Northrim BanCorp, Inc. (NASDAQ:NRIM) entered into a definitive merger agreement with PBCO Financial Corporation (OTCID:PBCO) on July 22, according to a press release statement.

Reported by 1 outlet — Investing.com · Company News. See all sources ↓

ANCHORAGE, Alaska/MEDFORD, Oregon - Northrim BanCorp, Inc. (NASDAQ:NRIM) entered into a definitive merger agreement with PBCO Financial Corporation (OTCID:PBCO) on July 22, according to a press release statement. Under the agreement, PBCO will merge with Northrim in an all-stock transaction valued at approximately $167 million, representing 1.73 times tangible book value. The transaction is expected to close in the fourth quarter of 2026 or early first quarter of 2027, subject to regulatory and shareholder approvals.

Read the full report at Investing.com · Company News ↗

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In brief
What's the story?
ANCHORAGE, Alaska/MEDFORD, Oregon - Northrim BanCorp, Inc. (NASDAQ:NRIM) entered into a definitive merger agreement with PBCO Financial Corporation (OTCID:PBCO) on July 22, according to a press release statement.
How widely is it covered?
1 outlet, average source rating 5.0/10.
When was it last updated?
9m ago.
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    Northrim BanCorp to acquire PBCO Financial for $167 million

    Sources1
    TypeCoverage
    Investing.com · Company News
Related in the knowledge graph
organizationAlaskaorganizationAnchorageorganizationIncorganizationMEDFORDorganizationNasdaqorganizationNorthrim BanCorporganizationOregonorganizationPBCO Financial
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Avg source rating 5.0/10
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