NRIM
Northrim BanCorp Inc
NASDAQ: NRIM · FINANCIAL SERVICES · BANKS - REGIONAL
$24.53
+0.41% today
Updated 2026-04-30
Market cap
$556.34M
P/E ratio
8.65
P/S ratio
2.63x
EPS (TTM)
$2.89
Dividend yield
2.62%
52W range
$19 – $31
Volume
0.1M
Northrim BanCorp Inc (NRIM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $32.22M | $82.89M | $70.63M | $64.34M | $60.05M | $57.15M | $56.82M | $56.95M | $70.48M | $104.39M | $102.18M | $96.14M | $96.34M | $107.43M | $140.04M | $136.87M | $134.41M | $158.33M | $195.96M | $242.53M |
| Revenue growth (YoY) | — | +157.2% | -14.8% | -8.9% | -6.7% | -4.8% | -0.6% | +0.2% | +23.8% | +48.1% | -2.1% | -5.9% | +0.2% | +11.5% | +30.4% | -2.3% | -1.8% | +17.8% | +23.8% | +23.8% |
| Cost of revenue | $24.56M | $28.75M | $21.10M | $14.13M | $11.07M | $5.54M | $946000.00 | $1.41M | $1.42M | $4.63M | $4.86M | $5.63M | $2.47M | $4.47M | $8.48M | $-320000.00 | $7.06M | $32.54M | $44.03M | $45.05M |
| Gross profit | $7.66M | $54.14M | $49.52M | $50.20M | $48.98M | $51.61M | $55.88M | $55.55M | $69.07M | $99.76M | $97.32M | $90.51M | $93.88M | $102.96M | $131.56M | $137.19M | $127.35M | $125.79M | $151.93M | $197.48M |
| Gross margin | 23.8% | 65.3% | 70.1% | 78.0% | 81.6% | 90.3% | 98.3% | 97.5% | 98.0% | 95.6% | 95.2% | 94.1% | 97.4% | 95.8% | 93.9% | 100.2% | 94.7% | 79.4% | 77.5% | 81.4% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $19.28M | $20.70M | $22.77M | $24.89M | $23.54M | $22.34M | $22.95M | $24.62M | $32.96M | $49.58M | $52.34M | $51.43M | $51.55M | $59.00M | $62.37M | $62.01M | $60.23M | $64.26M | $70.81M | $80.91M |
| Operating income | $20.95M | $18.92M | $9.57M | $11.08M | $13.38M | $16.70M | $19.61M | $18.66M | $26.04M | $27.12M | $21.04M | $23.80M | $24.07M | $26.13M | $42.45M | $47.99M | $38.49M | $31.61M | $46.99M | $86.15M |
| Operating margin | 65.0% | 22.8% | 13.6% | 17.2% | 22.3% | 29.2% | 34.5% | 32.8% | 36.9% | 26.0% | 20.6% | 24.8% | 25.0% | 24.3% | 30.3% | 35.1% | 28.6% | 20.0% | 24.0% | 35.5% |
| EBITDA | $22.07M | $20.12M | $11.48M | $13.20M | $15.44M | $18.90M | $21.72M | $20.86M | $28.37M | $29.82M | $23.77M | $27.44M | $27.34M | $30.19M | $46.75M | $52.47M | $41.66M | $34.92M | $50.60M | $88.81M |
| EBITDA margin | 68.5% | 24.3% | 16.3% | 20.5% | 25.7% | 33.1% | 38.2% | 36.6% | 40.3% | 28.6% | 23.3% | 28.5% | 28.4% | 28.1% | 33.4% | 38.3% | 31.0% | 22.1% | 25.8% | 36.6% |
| EBIT | $20.95M | $18.92M | $9.57M | $11.08M | $13.38M | $16.70M | $19.61M | $18.66M | $26.04M | $27.12M | $21.04M | $23.80M | $24.07M | $26.13M | $42.45M | $47.99M | $38.49M | $31.61M | $46.99M | $86.15M |
| Interest expense | $22.00M | $23.24M | $13.90M | $7.07M | $5.49M | $3.54M | $2.50M | $2.04M | $2.05M | $2.87M | $2.56M | $2.43M | $2.97M | $5.64M | $6.05M | $3.78M | $5.21M | $28.70M | $40.74M | $42.77M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 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% | 0.0% |
| Net income | $12.97M | $11.66M | $6.08M | $7.73M | $9.07M | $11.40M | $12.95M | $12.32M | $17.41M | $17.78M | $14.41M | $13.15M | $20.00M | $20.69M | $32.89M | $37.52M | $30.74M | $25.39M | $36.97M | $64.61M |
| Net income growth (YoY) | — | -10.1% | -47.8% | +27.0% | +17.3% | +25.7% | +13.6% | -4.8% | +41.2% | +2.2% | -19.0% | -8.7% | +52.1% | +3.4% | +58.9% | +14.1% | -18.1% | -17.4% | +45.6% | +74.8% |
| Profit margin | 40.3% | 14.1% | 8.6% | 12.0% | 15.1% | 19.9% | 22.8% | 21.6% | 24.7% | 17.0% | 14.1% | 13.7% | 20.8% | 19.3% | 23.5% | 27.4% | 22.9% | 16.0% | 18.9% | 26.6% |