Northrim Bancorp Inc (NRIM) Financial Statements
Industry: Savings Institution, Federally Chartered
In fiscal 2025, Northrim Bancorp reported revenue of $212.8M, up 37.1% from $155.2M the year before. Net income was $64.6M (a 30.4% net margin), or $2.87 per diluted share. Net interest income was $135.6M, and the efficiency ratio (noninterest expense / revenue) was 58.4%. Operating activities generated $139.3M of cash, leaving $133.9M of free cash flow. At fiscal year end, Northrim Bancorp held $3.29B in total assets against $2.96B in total liabilities.
Open the full interactive Northrim Bancorp financials → Quarterly statements, key ratios, valuation history and price charts.
Northrim Bancorp Key Stats
| Share Price | $24.34 |
|---|---|
| Market Cap | $548.7M |
| P/E Ratio | 8.5 |
| Dividend Yield | 2.66% |
| Revenue YoY Growth | +37.1% |
| 52-Week Range | $19.26 – $29.19 |
| Shares Outstanding | 22.2 million (basic, 2026 Q2) |
Northrim Bancorp Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $70.7M | $80.8M | $95.1M | $103.3M | $113.2M | $135.6M |
| Provision for Credit Losses | $2.4M | -$4.1M | $1.8M | $3.8M | $3.3M | $3.9M |
| Noninterest Income | $63.3M | $52.3M | $34.1M | $26.4M | $42.0M | $77.2M |
| Noninterest Expense | $89.1M | $89.2M | $88.9M | $94.2M | $104.9M | $124.4M |
| Revenue | $134.0M | $133.1M | $129.2M | $129.6M | $155.2M | $212.8M |
| Pre-Tax Income | $42.4M | $48.0M | $38.5M | $31.6M | $47.0M | $84.5M |
| Income Tax | $9.6M | $10.5M | $7.8M | $6.2M | $10.0M | $19.9M |
| Net Income | $32.9M | $37.5M | $30.7M | $25.4M | $37.0M | $64.6M |
| Diluted EPS | $1.28 | $1.50 | $1.32 | $1.12 | $1.66 | $2.87 |
Northrim Bancorp Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $66.6M | $50.5M | $49.5M | $53.9M |
| Net Income | $27.1M | $12.4M | $13.7M | $15.3M |
| Diluted EPS | $1.20 | $0.55 | $0.61 | $0.68 |
Northrim Bancorp Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Loans (Net) | $1.42B | $1.40B | $1.49B | $1.77B | $2.11B | $2.27B |
| Total Assets | $2.12B | $2.72B | $2.67B | $2.81B | $3.04B | $3.29B |
| Deposits | $1.82B | $2.42B | $2.39B | $2.49B | $2.68B | $2.81B |
| Total Long-Term Debt | $14.8M | $14.5M | $14.1M | $13.7M | $23.0M | $12.8M |
| Total Liabilities | $1.90B | $2.49B | $2.46B | $2.57B | $2.77B | $2.96B |
| Shareholders' Equity | $221.6M | $237.8M | $218.6M | $234.7M | $267.1M | $326.5M |
Northrim Bancorp Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$36.5M | $112.0M | $78.1M | $38.9M | -$8.7M | $139.3M |
| Cash From Investing | -$382.8M | -$159.1M | -$405.6M | -$255.1M | -$197.6M | -$223.4M |
| Cash From Financing | $439.8M | $577.0M | -$59.0M | $75.3M | $150.6M | $167.3M |
| Free Cash Flow | -$39.3M | $109.7M | $74.3M | $32.8M | -$9.3M | $133.9M |
| Dividends Paid | $8.8M | $9.4M | $10.6M | $13.6M | $13.8M | $14.5M |
Figures from Northrim Bancorp's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Northrim Bancorp financials page for every line item.
Northrim Bancorp Company Profile
| Ticker | NRIM |
|---|---|
| Exchange | Nasdaq |
| Industry | Savings Institution, Federally Chartered |
| Headquarters | Anchorage, Alaska |
| Incorporated in | Alaska |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001163370 |
Frequently Asked Questions
What was Northrim Bancorp's revenue in fiscal 2025?
Northrim Bancorp (NRIM) reported revenue of $212.8M for fiscal 2025.
What is Northrim Bancorp's annual revenue history?
Northrim Bancorp's annual revenue by fiscal year: 2020: $134.0M; 2021: $133.1M; 2022: $129.2M; 2023: $129.6M; 2024: $155.2M; 2025: $212.8M.
What was Northrim Bancorp's net income in fiscal 2025?
Northrim Bancorp reported net income of $64.6M for fiscal 2025.
What was Northrim Bancorp's earnings per share (EPS) in fiscal 2025?
Northrim Bancorp's diluted EPS was $2.87 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Northrim Bancorp generate in fiscal 2025?
Northrim Bancorp generated $133.9M of free cash flow in fiscal 2025.
What was Northrim Bancorp's revenue last quarter?
In its most recent reported quarter (2026 Q2), Northrim Bancorp reported revenue of $53.9M.
How much debt does Northrim Bancorp have?
Northrim Bancorp reported $12.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Northrim Bancorp are outstanding?
Northrim Bancorp reported a weighted average of 22.2 million basic shares outstanding in 2026 Q2.
What is Northrim Bancorp's market cap?
Based on its latest closing price, Northrim Bancorp (NRIM) has a market capitalization of about $548.7M.
When does Northrim Bancorp's fiscal year end?
Northrim Bancorp's fiscal year end, as registered with the SEC, is December 31.
Where is Northrim Bancorp headquartered?
Northrim Bancorp lists its business address in Anchorage, Alaska in its SEC filings.
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