American Century Companies Boosts Stake in Northrim BanCorp

Investment firm increases holdings in Alaska-based bank by over 300%

Mar. 12, 2026 at 7:04am

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American Century Companies Inc. has significantly increased its stake in Northrim BanCorp Inc., a financial services provider based in Anchorage, Alaska. According to a recent SEC filing, the investment firm lifted its holdings in Northrim BanCorp by 344.3% during the third quarter, now owning 665,888 shares or 3.01% of the company.

Why it matters

This move by American Century Companies suggests they see strong potential in Northrim BanCorp, which operates community banks across Alaska's major population centers. The increased investment could signal confidence in the bank's performance and growth prospects, especially in its home state market.

The details

American Century Companies purchased an additional 516,030 shares of Northrim BanCorp during the third quarter, bringing its total stake to 665,888 shares worth $14.42 million. This represents a significant increase from the firm's prior position. Northrim BanCorp is a regional bank focused on serving communities across Alaska through its network of branches in Anchorage, Fairbanks, Juneau and other population hubs.

  • American Century Companies filed its latest 13F report with the SEC on March 12, 2026, disclosing the increased stake in Northrim BanCorp as of the end of the third quarter of 2025.

The players

American Century Companies Inc.

An investment management firm that oversees over $200 billion in assets and is one of the largest independent investment managers in the United States.

Northrim BanCorp Inc.

A community bank headquartered in Anchorage, Alaska that provides personal and commercial banking services across the state through its branch network.

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The takeaway

American Century's substantial increase in its Northrim BanCorp holdings suggests the investment firm sees strong growth potential in this Alaska-focused regional bank. This move underscores the appeal of community banks that are deeply rooted in and serve the needs of local markets, even in a challenging economic environment.