Northrim BanCorp, Inc.

Northrim BanCorp, Inc.

NRIMยทNASDAQ

$23.73

-2.4%
Financial ServicesBanks - Regional

Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts. It also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short-term working capital. In addition, the company offers other services comprising consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, it provides mobile web and text banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox, card control, business employee purchase cards, home equity advantage access cards, telebanking, and automated teller services. Additionally, the company offers personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment, People Pay, external transfer, Bill Pay, wire transfer, direct payroll deposit, electronic tax payment, Automated Clearing House origination and receipt, remote deposit capture, account reconciliation and positive pay, merchant, cash management, annuity, and long term investment portfolio products and services. It also provides investment advisory, trust, wealth management, factoring, and mortgage brokerage services. As of January 28, 2022, the company operated 17 branches in Anchorage, the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.

At a Glance

Live Snapshot
Market Cap$527.87M
EPS2.9200
P/E Ratio8.13
Earnings Date07/22/2026
3Y+80.0%
5Y+73.0%
10Y+137.0%
3Y+110.0%
5Y+96.0%
10Y+348.0%
3Y+78.0%
5Y-482.0%
10Y+592.0%
Northrim BanCorp, Inc.

Northrim BanCorp, Inc. Profit Bridge

NRIM ยท NASDAQ
Revenue242.53M
Cost of Goods Sold (45.05M)
Gross Profit197.48M
Operating Expenses (111.33M)
Operating Income86.15M
Interest Expense (42.77M)
Other Income/Expense-1.63M
Pretax Income84.52M
Income Tax (19.91M)
Net Income64.61M
Net Income
64.61M

Profitability Analysis

Gross Margin

81.4%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

35.5%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

26.6%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

23.6%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Northrim BanCorp, Inc. Income Statement

NRIM โ€ข NASDAQ

Northrim BanCorp, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
242.5M
196M
158.3M
134.4M
136.9M
140M
107.4M
96.3M
96.1M
102.2M
104.4M
70.5M
57M
56.8M
57.1M
60.1M
64.3M
70.6M
82.9M
32.2M
GROSS PROFIT
(45.1M)
(44M)
(32.5M)
(7.1M)
-320K
(8.5M)
(4.5M)
(2.5M)
(5.6M)
(4.9M)
(4.6M)
(1.4M)
(1.4M)
(946K)
(5.5M)
(11.1M)
(14.1M)
(21.1M)
(28.8M)
(24.6M)
197.5M
151.9M
125.8M
127.3M
137.2M
131.6M
103M
93.9M
90.5M
97.3M
99.8M
69.1M
55.6M
55.9M
51.6M
49M
50.2M
49.5M
54.1M
7.7M
OPERATING INCOME
(111.3M)
(104.9M)
(94.2M)
(88.9M)
(89.2M)
(89.1M)
(76.8M)
(69.8M)
(66.7M)
(76.3M)
(72.6M)
(43M)
(36.9M)
(36.3M)
(34.9M)
(35.6M)
(39.1M)
(40M)
(35.2M)
-13.3M
(84.6M)
(73.8M)
(67.2M)
(63M)
(64.7M)
(64.7M)
(61.4M)
(53.9M)
(54M)
(54.8M)
(52.3M)
(35M)
(26.5M)
(24.9M)
(24.1M)
(25.3M)
(26.2M)
(24.3M)
(22.3M)
(19.3M)
86.1M
47M
31.6M
38.5M
48M
42.4M
26.1M
24.1M
23.8M
21M
27.1M
26M
18.7M
19.6M
16.7M
13.4M
11.1M
9.6M
18.9M
20.8M
PRE-TAX INCOME
(42.8M)
(40.7M)
(28.7M)
(5.2M)
(3.8M)
(6.1M)
(5.6M)
(3M)
(2.4M)
(2.6M)
(2.9M)
(2.1M)
(2M)
(2.5M)
(3.5M)
(5.5M)
(7.1M)
(13.9M)
(23.2M)
(22M)
134.8M
112M
102.3M
94.4M
80.3M
70.1M
63.9M
60.8M
57.3M
56M
56.9M
52.3M
44M
42.2M
42.4M
44.2M
46.4M
45.8M
49.8M
47.5M
(26.7M)
(31.1M)
(27M)
(25.9M)
(24.5M)
(24.4M)
(15.5M)
(15.9M)
(12.7M)
(21.2M)
(20.3M)
(8M)
(10.4M)
(11.3M)
(10.8M)
(10.3M)
(12.9M)
(15.6M)
(12.9M)
-32.6M
-1.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
84.5M
47M
31.6M
38.5M
48M
42.4M
26.1M
24.1M
23.8M
21M
27.1M
26M
18.7M
19.6M
16.7M
13.4M
11.1M
9.6M
18.9M
21M
NET INCOME
(19.9M)
(10M)
(6.2M)
(7.8M)
(10.5M)
(9.6M)
(5.4M)
(4.1M)
(10.3M)
(6.1M)
(8.8M)
(8.2M)
(6.2M)
(6.2M)
(4.9M)
(3.9M)
(3M)
(3.1M)
(7.3M)
(8M)
64.6M
37M
25.4M
30.7M
37.5M
32.9M
20.7M
20M
13.2M
14.4M
17.8M
17.4M
12.3M
12.9M
11.4M
9.1M
7.7M
6.1M
11.7M
13M

SEC Filings

NRIM - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 01, 2026
May 28, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 01, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 22, 2026
April 22, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 14, 2026
December 31, 2025
2025
S-4/A

S-4/A (Amended)

N/A

March 09, 2026
March 09, 2026
ย 
10-K

10-K 2025 FY

FY

March 06, 2026
December 31, 2025
2025
S-4

S-4

N/A

February 13, 2026
February 13, 2026
ย 
8-K

8-K 2026

N/A

January 23, 2026
January 23, 2026
2026
8-K

8-K 2026

N/A

January 02, 2026
January 01, 2026
2026
8-K

8-K 2025

N/A

November 26, 2025
November 26, 2025
2025
Showing 1 to 10 of 351 filings