Northrim BanCorp, Inc.

Northrim BanCorp, Inc.

NRIM
Northrim BanCorp, Inc.US flagNASDAQ Global Select
24.31
USD
+0.27
- -
540.77MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.53
3.7
3.62
3.4
- -
3.39
3.79
5.27
5.38
5.6
5.79
7.05
9.63
9.86
Basic EPS, GAAP
0.64
0.65
0.52
0.48
- -
0.73
0.77
1.29
1.52
1.33
1.13
1.68
2.92
2.94
Free Cash Flow per Basic Share
0.5
0.13
0.61
0.44
- -
0.77
-0.14
-1.56
4.43
3.22
1.45
-0.42
6.06
6.42
Dividend per Share
0.18
0.19
0.2
0.22
- -
0.26
0.32
0.35
0.38
0.46
0.61
0.62
0.66
0.66
Book Value per Share
3.78
4.19
4.5
4.76
- -
5.25
5.82
7.07
8.5
9.97
10.78
12.03
14.27
14.71
Tangible Book Value per Share
5.15
5.53
6.04
5.95
- -
6.29
6.46
7.44
8.26
7.81
8.76
8.49
11.11
11.6
Basic Weighted Avg Shares
27
27
28
28
7
28
27
25
25
23
22
22
22
22
Sales/Revenue/Turnover
68
102
100
94
- -
93
102
134
133
129
130
155
213
218
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
2
3
3
4
- -
3
4
4
4
3
3
4
4
3
Net Income, GAAP
17
18
14
13
- -
20
21
33
38
31
25
37
65
65
Effective Tax Rate (%)
31.39
32.39
28.76
43.37
- -
16.91
20.8
22.52
21.83
20.14
19.66
21.33
23.56
23.49
Profit Margin (%)
25.44
17.52
14.47
14.03
- -
21.42
20.33
24.54
28.19
23.79
19.59
23.82
30.36
29.8
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
45
21
23
18
- -
18
33
38
36
34
33
41
87
94
Total Equity
164
177
187
193
- -
206
207
222
238
219
235
267
327
336
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
18.16
16.36
12.06
10.3
- -
27.72
13.77
19.58
19.25
13.97
10.77
14.6
22.28
21.66

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
23
81
82
LT Finance Leases
7
6
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
22
22
22
Market Capitalization
478
588
506

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
632
344
573
Accounts Receivable, Net
- -
13
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
8.53%
22.25%
Free Cash Flow
- -
-425.02%
-1,532.2%
Net Income, GAAP
- -
19.79%
74.75%
Sales/Revenue/Turnover
- -
10.72%
37.1%
Total Cash Common Dividend
- -
10.86%
5.79%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
34
37
40
44
155
2025
44
50
52
66
213
2026
50
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.37
0.41
0.4
0.5
1.68
2025
0.6
0.53
1.23
0.56
2.92
2026
0.62
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.15
0.15
0.16
0.62
2025
0.16
0.16
0.16
0.18
0.66
2026
0.16
- -
- -
- -
- -

Company Description

APIChat
CEO
Michael G. Huston
Full Time Employees
503
Sector
Financial Services
Industry
Banks - Regional
Address
3111 C Street Anchorage AK United States of America 99503
IPO Date
Nov 15, 1990
Business
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank, which provides commercial and retail banking products and services to businesses and individuals primarily in Alaska. The company offers deposit products including noninterest-bearing checking accounts, interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts; lending products such as short- and medium-term commercial loans, commercial credit lines, construction and real estate loans, consumer loans, and short- and medium-term working capital loans; and other services encompassing consumer and business online banking, mobile banking, debit and credit cards, treasury management, remote deposit capture, account reconciliation, positive pay, merchant services, cash management, investment advisory, trust and wealth management, factoring, mortgage origination and sales, asset-based lending, and international trade services including letters of credit. Northrim Bank maintains 20 branches across Anchorage, Eagle River, Fairbanks, Homer, Juneau, Ketchikan, Kodiak, Nome, Sitka, Soldotna, and Wasilla, serving approximately 90% of Alaska's population through three main segments: Community Banking, Home Mortgage Lending, and Specialty Finance. Subsidiaries include Sallyport Commercial Finance, LLC, which provides factoring and asset-based lending solutions; Residential Mortgage, LLC, focused on regional home mortgage lending; with Pacific Wealth Advisors, LLC operating as an affiliated wealth management entity. Founded in 1990 and headquartered in Anchorage, Alaska, the company recently completed the acquisition of Sallyport Commercial Finance, LLC in October 2024 for approximately $53.9 million in cash, expanding its specialty finance capabilities into factoring and asset-based lending markets across the United States, Canada, and the United Kingdom.

Company News

APIChat
  • Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.16 per Share

  • Northrim BanCorp (NRIM) Q1 Earnings and Revenues Beat Estimates

  • Northrim BanCorp Earns $13.7 Million, or $0.61 Per Diluted Share, in First Quarter 2026

  • Northrim BanCorp Is Still Worth Banking On

  • Northrim BanCorp: Attractive Valuation Amid Geopolitical Uncertainty

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Northrim BanCorp, Inc. - NRIM

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Northrim BanCorp, Inc. - NRIM

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Northrim BanCorp, Inc. - NRIM

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Northrim BanCorp, Inc. - NRIM

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Northrim BanCorp, Inc. - NRIM

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Northrim BanCorp, Inc. - NRIM

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Northrim BanCorp, Inc. - NRIM

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Northrim BanCorp, Inc. - NRIM

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Northrim BanCorp, Inc. - NRIM

  • Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.16 per Share

  • Northrim BanCorp (NRIM) Lags Q4 Earnings Estimates

  • Northrim BanCorp Earns $12.4 Million, or $0.55 Per Diluted Share, in Fourth Quarter 2025, and $64.6 Million, or $2.87 Per Diluted Share, for the Year Ended December 31, 2025

  • Contrasting Northrim BanCorp (NASDAQ:NRIM) and East West Bancorp (NASDAQ:EWBC)

  • Here's Why 'Trend' Investors Would Love Betting on Northrim (NRIM)

  • Northrim BanCorp Is The Gift That Keeps On Giving