Northrim BanCorp, Inc. (NRIM) — Financial statements
Income statement, balance sheet, and cash flow for Northrim BanCorp, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 243↑23.8% | 196↑23.8% | 158↑17.8% | 134↓1.8% | 137 | |
| Cost of Revenue | 45↑2.3% | 44↑35.3% | 33↑360.9% | 7↑2305.9% | -0.32 | |
| Gross Profit | 197↑30.0% | 152↑20.8% | 126↓1.2% | 127↓7.2% | 137 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 81↑14.3% | 71↑10.2% | 64↑6.7% | 60↓2.9% | 62 | |
| Selling & Marketing Expenses | 4↑23.1% | 3↑3.4% | 3↑6.6% | 3↑0.2% | 3 | |
| SG&A Expenses | 85↑14.6% | 74↑9.9% | 67↑6.7% | 63↓2.7% | 65 | |
| Other Expenses | 27↓14.2% | 31↑15.2% | 27↑4.3% | 26↑5.8% | 24 | |
| Operating Expenses | 111↑6.1% | 105↑11.4% | 94↑6.0% | 89↓0.4% | 89 | |
| Total Costs & Expenses | 156↑5.0% | 149↑17.6% | 127↑32.1% | 96↑7.9% | 89 | |
| Operating Results | ||||||
| Operating Income | 86↑83.3% | 47↑48.7% | 32↓17.9% | 38↓19.8% | 48 | |
| Depreciation & Amortization | 3↓26.3% | 4↑9.0% | 3↑4.6% | 3↓29.3% | 4 | |
| EBITDA | 89↑75.5% | 51↑44.9% | 35↓16.2% | 42↓20.6% | 52 | |
| EBIT | 86↑83.3% | 47↑48.7% | 32↓17.9% | 38↓19.8% | 48 | |
| Interest & Other Income | ||||||
| Net Interest Income | 135↑20.3% | 112↑9.5% | 102↑8.3% | 94↑17.6% | 80 | |
| Interest Income | 178↑16.2% | 153↑16.6% | 131↑31.5% | 100↑18.5% | 84 | |
| Interest Expense | 43↑5.0% | 41↑42.0% | 29↑450.5% | 5↑37.9% | 4 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -2 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 85↑79.9% | 47↑48.7% | 32↓17.9% | 38↓19.8% | 48 | |
| Income Tax Expense | 20↑98.7% | 10↑61.3% | 6↓19.9% | 8↓26.0% | 10 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 65↑74.8% | 37↑45.6% | 25↓17.4% | 31↓18.1% | 38 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 65↑74.8% | 37↑45.6% | 25↓17.4% | 31↓18.1% | 38 | |
| Bottom-Line Net Income | 65↑74.8% | 37↑45.6% | 25↓17.4% | 31↓18.1% | 38 | |
| EPS (Basic) | 2.92↑73.8% | 1.68↑48.3% | 1.13↓15.0% | 1.33↓12.2% | 1.52 | |
| EPS (Diluted) | 2.87↑72.9% | 1.66↑47.9% | 1.12↓14.8% | 1.32↓12.2% | 1.50 | |
| Weighted Average Shares | 22↑0.3% | 22↓1.7% | 22↓2.8% | 23↓6.7% | 25 | |
| Weighted Average Diluted Shares | 23↑0.9% | 22↓1.4% | 23↓2.9% | 23↓6.7% | 25 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.