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NRIMNorthrim BanCorp, Inc.
$25.21$558M
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NRIM logoNorthrim BanCorp, Inc.(NRIM)Earnings, Financials & Key Ratios

NRIM•NASDAQ•Banking & Credit
8.8× P/E·Price updated Jun 19, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryCommercial and middle-market focused banks
AboutNorthrim 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.Show more
  • Net Interest Income$135M+20.3%
  • Total Revenue$243M+23.8%
  • Net Income$65M+74.8%
  • Return on Equity21.77%+47.7%
  • Net Interest Margin4.1%+11.3%
  • Efficiency Ratio45.9%-14.3%
  • ROA2.04%+61.4%
  • Equity / Assets9.92%+13.0%
  • Book Value per Share14.49+21.2%

NRIM Key Insights

Northrim BanCorp, Inc. (NRIM) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Strong NIM of 4.1%
  • ✓Efficient operations: 45.9% efficiency ratio
  • ✓16 consecutive years of dividend growth
  • ✓Good 3Y average ROE of 15.9%
  • ✓Healthy dividend yield of 2.6%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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NRIM Price & Volume

Northrim BanCorp, Inc. (NRIM) stock price & volume — 10-year historical chart

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NRIM Growth Metrics

Northrim BanCorp, Inc. (NRIM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.8%
5 Years11.61%
3 Years21.74%
TTM-

Profit CAGR

10 Years13.77%
5 Years14.46%
3 Years28.09%
TTM74.75%

EPS CAGR

10 Years16.19%
5 Years17.57%
3 Years29.63%
TTM73.11%

Return on Capital

10 Years11.26%
5 Years11.58%
3 Years9.61%
Last Year4.73%

NRIM Recent Earnings

Northrim BanCorp, Inc. (NRIM) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (78%)●Beat Revenue 6/12 qtrs (67%)
Q2 2026Latest
Apr 22, 2026
Metric
Actual
Est
EPS
$0.61+15.1%
$0.53
Rev
$50M-2.1%
$51M
Q2 2026
Mar 6, 2026
Metric
Actual
Est
EPS
$0.55
—
Rev
$62M
—
Q1 2026
Jan 23, 2026
Metric
Actual
Est
EPS
$0.54-15.6%
$0.64
Rev
$52M-2.0%
$53M
Q4 2025
Oct 22, 2025
Metric
Actual
Est
EPS
$0.72+13.4%
$0.64
Rev
$52M+2.7%
$51M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 22, 2026
$0.61vs $0.53+15.1%
$50Mvs $51M-2.1%
Q2 2026Mar 6, 2026
$0.55
$62M
Q1 2026Jan 23, 2026
$0.54vs $0.64-15.6%
$52Mvs $53M-2.0%
Q4 2025Oct 22, 2025
$0.72vs $0.64+13.4%
$52Mvs $51M+2.7%
Based on last 12 quarters of dataView full earnings history →

NRIM Peer Comparison

Northrim BanCorp, Inc. (NRIM) competitors in Commercial and middle-market focused banks — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
PFIS logoPFISPeoples Financial Services Corp.Direct Competitor622.75M62.2410.5922.26%21.04%11.81%0.50
CZWI logoCZWICitizens Community Bancorp, Inc.Direct Competitor205.47M21.3414.62-9.41%16.01%7.81%0.28
BSVN logoBSVNBank7 Corp.Direct Competitor438.24M45.6510.14-3.87%31.38%18.21%
HFWA logoHFWAHeritage Financial CorporationDirect Competitor949.21M27.9214.245.92%20.1%7.51%0.05
BANR logoBANRBanner CorporationDirect Competitor2.2B64.8311.49-0.95%23.84%10.34%0.19
NWBI logoNWBINorthwest Bancshares, Inc.Direct Competitor2.12B14.4815.7416.3%14.37%7.18%0.24
COLB logoCOLBColumbia Banking System, Inc.Direct Competitor7.27B30.5513.288.35%17.11%8.39%0.51
WAFD logoWAFDWaFd, Inc.Product Competitor2.81B36.4813.87-1.58%17.46%8.02%0.60

Compare NRIM vs Peers

Northrim BanCorp, Inc. (NRIM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PFIS

Most directly comparable listed peer for NRIM.

Scale Benchmark

vs FIS

Larger-name benchmark to compare NRIM against a more recognizable public peer.

Peer Set

Compare Top 5

vs PFIS, CZWI, BSVN, HFWA

NRIM Income Statement

Northrim BanCorp, Inc. (NRIM) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income
57.33M60.8M63.93M70.11M80.28M94.43M102.29M111.99M134.78M
NII Growth %
2.3%6.04%5.15%9.68%14.5%17.61%8.32%9.49%20.34%
Net Interest Margin %
3.77%4.05%3.89%3.3%2.95%3.53%3.64%3.68%4.1%
Interest Income
60.11M64.18M70.08M76.17M84.06M99.64M130.98M152.73M177.55M
Interest Expense
2.43M2.97M5.64M6.05M3.78M5.21M28.7M40.74M42.77M
Loan Loss Provision
3.2M-500K-1.18M2.43M-4.1M1.85M3.84M3.29M2.28M
Non-Interest Income
36.03M32.17M37.35M63.88M52.8M34.77M27.34M43.23M64.98M
Non-Interest Income %
37.48%33.39%34.76%45.61%38.58%25.87%17.27%22.06%26.79%
Total Revenue
96.14M▲ 0%
96.34M▲ 0.2%
107.43M▲ 11.5%
140.04M▲ 30.4%
136.87M▼ 2.3%
134.41M▼ 1.8%
158.33M▲ 17.8%
195.96M▲ 23.8%
242.53M▲ 23.8%
Revenue Growth %
-5.92%0.22%11.51%30.36%-2.27%-1.8%17.8%23.77%23.77%
Non-Interest Expense
66.71M69.8M76.84M89.11M89.2M88.85M94.18M104.94M111.33M
Efficiency Ratio
69.39%72.45%71.52%63.63%65.17%66.11%59.49%53.55%45.9%
Operating Income
23.8M▲ 0%
24.07M▲ 1.2%
26.13M▲ 8.5%
42.45M▲ 62.5%
47.99M▲ 13.1%
38.49M▼ 19.8%
31.61M▼ 17.9%
46.99M▲ 48.7%
86.15M▲ 83.3%
Operating Margin %
24.76%24.99%24.32%30.31%35.06%28.64%19.96%23.98%35.52%
Operating Income Growth %
13.1%1.16%8.52%62.48%13.07%-19.79%-17.89%48.68%83.31%
Pretax Income
23.8M▲ 0%
24.07M▲ 1.2%
26.13M▲ 8.5%
42.45M▲ 62.5%
47.99M▲ 13.1%
38.49M▼ 19.8%
31.61M▼ 17.9%
46.99M▲ 48.7%
84.52M▲ 79.9%
Pretax Margin %
24.76%24.99%24.32%30.31%35.06%28.64%19.96%23.98%34.85%
Income Tax
10.32M4.07M5.43M9.56M10.48M7.75M6.21M10.02M19.91M
Effective Tax Rate %
43.37%16.91%20.8%22.52%21.83%20.14%19.66%21.33%23.56%
Net Income
13.15M▲ 0%
20M▲ 52.1%
20.69M▲ 3.4%
32.89M▲ 58.9%
37.52M▲ 14.1%
30.74M▼ 18.1%
25.39M▼ 17.4%
36.97M▲ 45.6%
64.61M▲ 74.8%
Net Margin %
13.68%20.76%19.26%23.48%27.41%22.87%16.04%18.87%26.64%
Net Income Growth %
-8.74%52.11%3.43%58.95%14.07%-18.06%-17.39%45.59%74.75%
Net Income (Continuing)
13.48M20M20.69M32.89M37.52M30.74M25.39M36.97M64.61M
EPS (Diluted)
0.47▲ 0%
0.72▲ 52.7%
0.76▲ 5.9%
1.28▲ 68.1%
1.50▲ 17.4%
1.32▼ 12.2%
1.12▼ 14.8%
1.66▲ 47.9%
2.87▲ 72.9%
EPS Growth %
-8.74%52.66%5.92%68.09%17.42%-12.17%-14.8%47.88%72.89%
EPS (Basic)
0.480.730.771.301.521.331.131.682.92
Diluted Shares Outstanding
27.91M27.93M27.23M25.72M25M23.32M22.64M22.34M22.53M

NRIM Balance Sheet

Northrim BanCorp, Inc. (NRIM) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments
384.86M349.15M371.56M363.6M1.07B936.38M756.47M541.35M456.7M
Cash & Due from Banks
77.84M77.54M95.42M115.97M645.83M259.35M118.53M62.74M36.04M
Short Term Investments
307.02M271.61M276.14M247.63M426.68M677.03M637.94M478.62M420.66M
Total Investments
1.32B1.3B1.41B1.87B1.96B2.27B2.53B2.73B2.87B
Investments Growth %
-1.47%-1.16%8.32%32.89%4.66%15.87%11.43%7.82%5.15%
Long-Term Investments
1.01B1.03B1.13B1.63B1.53B1.6B1.89B2.25B2.67B
Accounts Receivables
4.38M4.82M4.51M7.98M6.85M9.94M11.96M11.5M12.54M
Goodwill & Intangibles
28.8M32.89M33.82M32.48M33.67M38.49M38.47M80.34M50.82M
Goodwill
15.02M15.02M15.02M15.02M15.02M15.02M15.02M50.02M49.87M
Intangible Assets
13.78M17.88M18.8M17.46M18.66M23.47M23.45M30.33M950K
PP&E (Net)
37.87M39.09M52.73M50.54M48.16M47.69M49.78M45.21M45.6M
Other Assets
17.55M19.16M17.5M18.64M14.56M11M9.69M16.4M-2.67B
Total Current Assets
418.08M378.46M403.52M391.99M1.09B970.42M809.62M646.16M558.35M
Total Non-Current Assets
1.1B1.12B1.24B1.73B1.63B1.7B2B2.4B96.43M
Total Assets
1.52B▲ 0%
1.5B▼ 1.1%
1.64B▲ 9.4%
2.12B▲ 29.1%
2.72B▲ 28.4%
2.67B▼ 1.8%
2.81B▲ 5.0%
3.04B▲ 8.3%
3.29B▲ 8.2%
Asset Growth %
-0.49%-1.06%9.38%29.06%28.42%-1.85%4.98%8.35%8.17%
Return on Assets (ROA)
0.86%1.32%1.31%1.75%1.55%1.14%0.93%1.26%2.04%
Accounts Payable
000000000
Total Debt
45.42M51.83M33.43M37.51M35.78M34.27M33.08M40.84M93.61M
Net Debt
-32.42M-25.71M-61.99M-78.46M-610.04M-225.08M-85.45M-21.89M57.57M
Long-Term Debt
17.67M17.55M19.2M25.13M24.82M24.41M23.98M33.35M87.67M
Short-Term Debt
27.75M34.28M0000000
Other Liabilities
22.09M17.12M31.1M37.74M29.49M34.21M54.65M53.72M2.88B
Total Current Liabilities
1.29B1.26B1.37B1.82B2.42B2.39B2.49B2.68B5.94M
Total Non-Current Liabilities
39.77M34.67M64.53M75.24M65.27M68.48M87.72M94.56M2.96B
Total Liabilities
1.33B1.3B1.44B1.9B2.49B2.46B2.57B2.77B2.96B
Total Equity
192.8M▲ 0%
205.95M▲ 6.8%
207.12M▲ 0.6%
221.57M▲ 7.0%
237.82M▲ 7.3%
218.63M▼ 8.1%
234.72M▲ 7.4%
267.12M▲ 13.8%
326.54M▲ 22.2%
Equity Growth %
3.26%6.82%0.57%6.98%7.33%-8.07%7.36%13.8%22.25%
Equity / Assets (Capital Ratio)
12.69%13.7%12.6%10.44%8.73%8.18%8.36%8.78%9.92%
Return on Equity (ROE)
6.93%10.03%10.02%15.34%16.33%13.47%11.2%14.73%21.77%
Book Value per Share
6.917.377.618.619.519.3810.3711.9614.49
Tangible BV per Share
5.886.206.367.358.177.738.678.3612.24
Common Stock
6.87M6.88M6.56M6.25M6.01M5.7M5.51M5.52M5.53M
Additional Paid-in Capital
61.79M62.13M50.51M41.81M31.16M17.78M9.61M9.31M10.82M
Retained Earnings
124.41M137.45M149.62M173.5M204.05M224.22M236.04M259.31M309.57M
Accumulated OCI
-270K-520K431K18K-3.41M-29.08M-16.44M-7.02M619K
Treasury Stock
000000000
Preferred Stock
000000000

NRIM Cash Flow Statement

Northrim BanCorp, Inc. (NRIM) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations
19.28M25.15M-821K-36.45M111.99M78.12M38.92M-8.73M139.34M
Operating CF Growth %
-4.17%30.42%-103.26%-4340.19%407.21%-30.24%-50.17%-122.42%1696.62%
Net Income
13.48M20M20.69M32.89M37.52M30.74M25.39M36.97M64.61M
Depreciation & Amortization
3.64M3.26M4.07M4.3M4.47M3.16M3.31M3.61M3.5M
Deferred Taxes
4M3.01M711K555K-1.3M2.11M580K-152K-1.51M
Other Non-Cash Items
-3.28M6.23M-36.23M-68.99M66.05M41.52M-1.81M-31.48M48.65M
Working Capital Changes
776K-8.18M9.11M-6.15M4.18M-153K10.51M-18.59M22.36M
Cash from Investing
30.38M5.65M-71.92M-382.82M-159.09M-405.57M-254.92M-197.63M-223.43M
Purchase of Investments
-84.34M-91.13M-132.1M-171.97M-330.99M-323.35M-28.33M-51.43M-96.44M
Sale/Maturity of Investments
103.55M123.43M130.71M189.92M136.45M13.9M82.4M228.13M165.85M
Net Investment Activity
19.21M32.3M-1.39M17.95M-194.54M-309.45M54.07M176.7M69.41M
Acquisitions
4.63M000000-40.66M0
Other Investing
8.1M-23.14M-68.21M-397.93M37.79M-92.33M-302.83M-333.05M-292.84M
Cash from Financing
-22.37M-31.1M90.63M439.82M576.96M-58.98M75.33M150.56M167.26M
Dividends Paid
-5.96M-7.06M-8.51M-8.84M-9.39M-10.57M-13.61M-13.75M-14.55M
Share Repurchases
-1.61M-494K-12.57M-9.98M-11.53M-14.16M-9.04M-789K0
Stock Issued
100K243K73K84K1.54M586K555K801K609K
Net Stock Activity
-1.51M-251K-12.5M-9.89M-9.99M-13.57M-8.49M12K609K
Debt Issuance (Net)
-1000K-121K1000K1000K-309K-413K-420K-1000K1000K
Other Financing
-9.68M-23.66M109.98M452.63M596.65M-34.42M97.84M195.13M132.84M
Net Change in Cash
27.29M▲ 0%
-303K▼ 101.1%
17.89M▲ 6003.0%
20.54M▲ 14.8%
529.86M▲ 2479.5%
-386.48M▼ 172.9%
-140.82M▲ 63.6%
-55.79M▲ 60.4%
83.17M▲ 249.1%
Exchange Rate Effect
000000000
Cash at Beginning
50.55M77.84M77.54M95.42M115.97M645.83M259.35M118.53M62.74M
Cash at End
77.84M77.54M95.42M115.97M645.83M259.35M118.53M62.74M145.91M
Interest Paid
2.47M2.97M5.64M6.01M3.81M5.19M28.55M40.48M42.55M
Income Taxes Paid
7.76M1.77M1.66M7.79M6.38M2.02M2.03M6.72M17.59M
Free Cash Flow
12.05M▲ 0%
21.12M▲ 75.3%
-3.86M▼ 118.3%
-39.72M▼ 929.0%
109.48M▲ 375.6%
74.28M▼ 32.2%
32.61M▼ 56.1%
-9.35M▼ 128.7%
133.87M▲ 1532.2%
FCF Growth %
-28.41%75.3%-118.27%-928.99%375.64%-32.16%-56.1%-128.66%1532.2%

NRIM Banking Ratios

Northrim BanCorp, Inc. (NRIM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)
7.92%6.93%10.03%10.02%15.34%16.33%13.47%11.2%14.73%21.77%
Return on Assets (ROA)
0.95%0.86%1.32%1.31%1.75%1.55%1.14%0.93%1.26%2.04%
Net Interest Margin
3.67%3.77%4.05%3.89%3.3%2.95%3.53%3.64%3.68%4.1%
Efficiency Ratio
74.65%69.39%72.45%71.52%63.63%65.17%66.11%59.49%53.55%45.9%
Equity / Assets
12.23%12.69%13.7%12.6%10.44%8.73%8.18%8.36%8.78%9.92%
Book Value / Share
6.696.917.377.618.619.519.3810.3711.9614.49
NII Growth
-1.52%2.3%6.04%5.15%9.68%14.5%17.61%8.32%9.49%20.34%
Dividend Payout
37.28%45.36%35.31%41.14%26.89%25.02%34.39%53.59%37.19%22.52%
Related:NRIM Dividend History·NRIM Revenue History·NRIM Price History·NRIM P/E History·NRIM Financial Ratios·NRIM Institutional Holders

NRIM SEC Filings & Documents

Northrim BanCorp, Inc. (NRIM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 22, 2026·SEC

Material company update

Jan 23, 2026·SEC

Material company update

Jan 2, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 6, 2026·SEC

FY 2025

Mar 10, 2025·SEC

FY 2024

Mar 8, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Oct 27, 2025·SEC

FY 2025

Jul 28, 2025·SEC

FY 2025

Apr 28, 2025·SEC

NRIM Frequently Asked Questions

Northrim BanCorp, Inc. (NRIM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Northrim BanCorp, Inc. (NRIM) grew revenue by 23.8% over the past year. This is strong growth.

Yes, Northrim BanCorp, Inc. (NRIM) is profitable, generating $64.6M in net income for fiscal year 2025 (26.6% net margin).

Dividend & Returns

Yes, Northrim BanCorp, Inc. (NRIM) pays a dividend with a yield of 2.56%. This makes it attractive for income-focused investors.

Northrim BanCorp, Inc. (NRIM) has a return on equity (ROE) of 21.8%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

Northrim BanCorp, Inc. (NRIM) has a net interest margin (NIM) of 4.1%. This indicates healthy earnings from lending activities.

Northrim BanCorp, Inc. (NRIM) has an efficiency ratio of 45.9%. This is excellent, indicating strong cost control.

What if you invested $1,000 in NRIM back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

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