NRIM
NORTHRIM BANCORP INC
NASDAQ · Financial Services · Banks - Regional · US
$23.30
−1.06%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 255.8M | 242.5M | 196.0M | 158.3M | 134.4M |
| Cost of Revenue | 51.5M | 45.1M | 44.0M | 32.5M | 7.1M |
| Gross Profit | 204.3M | 197.5M | 151.9M | 125.8M | 127.3M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 94.6M | 84.6M | 73.8M | 67.2M | 63.0M |
| General & Admin Expense | 91.6M | 80.9M | 70.8M | 64.3M | 60.2M |
| Selling & Marketing Expense | 3.7M | 3.7M | 3.0M | 2.9M | 2.7M |
| Other Expenses | 34.5M | 26.7M | 31.1M | 27.0M | 25.9M |
| Total Operating Expenses | 129.1M | 111.3M | 104.9M | 94.2M | 88.9M |
| Cost and Expenses | 180.6M | 156.4M | 149.0M | 126.7M | 95.9M |
| Operating Income (EBIT) | 77.2M | 86.1M | 47.0M | 31.6M | 38.5M |
| Non-Operating | |||||
| Interest Income | 187.3M | 177.5M | 152.7M | 131.0M | 99.6M |
| Interest Expense | 41.2M | 42.8M | 40.7M | 28.7M | 5.2M |
| Net Interest Income | 146.1M | 134.8M | 112.0M | 102.3M | 94.4M |
| Other Non-Op Income/Expense | (3.6M) | (1.6M) | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 73.5M | 84.5M | 47.0M | 31.6M | 38.5M |
| Income Tax Expense | 17.7M | 19.9M | 10.0M | 6.2M | 7.8M |
| Bottom Line | |||||
| Net Income | 55.9M | 64.6M | 37.0M | 25.4M | 30.7M |
| Earnings from Cont. Ops | 55.9M | 64.6M | 37.0M | 25.4M | 30.7M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 55.9M | 64.6M | 37.0M | 25.4M | 30.7M |
| Per Share | |||||
| Basic EPS | $2.52 | $2.92 | $1.68 | $1.13 | $1.33 |
| Diluted EPS | $2.48 | $2.87 | $1.66 | $1.12 | $1.32 |
| Revenue Per Share | $11.50 | $10.98 | $8.90 | $7.07 | $5.83 |
| Shares | |||||
| Basic Shares Outstanding | 22.2M | 22.1M | 22.0M | 22.4M | 23.1M |
| Diluted Shares Outstanding | 22.6M | 22.5M | 22.3M | 22.6M | 23.3M |
| Profitability Metrics | |||||
| EBITDA | 78.5M | 89.7M | 50.6M | 34.9M | 41.7M |
| D&A | 3.3M | 3.5M | 3.6M | 3.3M | 3.2M |
| EBIT | 75.2M | 86.1M | 47.0M | 31.6M | 38.5M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026