Northrim BanCorp Inc logo

NRIMNorthrim BanCorp Inc

NASDAQ · Financial Services · Banks - Regional

$25.38

-$0.19 (-0.74%)

Northrim BanCorp Inc (NRIM) is a banks - regional company listed on NASDAQ. It is led by Michael G. Huston, based in 3111 C Street, Anchorage, AK, United States, 99503, with about 503 employees. Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. The company operates through three segments: Community Banking, Home Mortgage Lending, and Specialty Finance. It 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. The company also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short and medium-term working capital. In addition, it offers consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, the company provides mobile web and app banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox services, card control, corporate purchase cards, integrated payables, home equity advantage access cards, telebanking, and automated teller services. Additionally, it offers personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment, 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. The company also provides investment advisory, trust, wealth management, factoring, and mortgage services. The company was founded in 1990 and is headquartered in Anchorage, Alaska.

Latest reported NRIM revenue for 2025-09-30 was $77.2M. Net income was $27.1M. Revenue was up 25.7% from 2025-06-30 to 2025-09-30. NRIM currently screens at market cap $522.9M and trailing P/E 12.6.

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About Northrim BanCorp Inc

Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. The company operates through three segments: Community Banking, Home Mortgage Lending, and Specialty Finance. It 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. The company also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short and medium-term working capital. In addition, it offers consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, the company provides mobile web and app banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox services, card control, corporate purchase cards, integrated payables, home equity advantage access cards, telebanking, and automated teller services. Additionally, it offers personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment, 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. The company also provides investment advisory, trust, wealth management, factoring, and mortgage services. The company was founded in 1990 and is headquartered in Anchorage, Alaska.

NRIM Key Statistics

Market Cap

$522.88M

Volume

80,932

Previous Close

$25.77

Day Range

$25.38$26.30

P/E Ratio

12.59

0

EPS

$6.62

Revenue

$195.96M

Net Income

$36.97M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

2.74%

Revenue Growth

+23.8%

Profit Margin

18.9%

Employees

503

NRIM Financials

Annual income statement in USD. Latest reported periods first.

NRIM annual income statement across FY2024, FY2023, FY2022
LineFY2024FY2023FY2022
Revenue$195.96M$158.33M$134.41M
Cost of Revenue$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00
Net Income$36.97M$25.39M$30.74M
EPS (Diluted)$6.62$4.49$5.27

Total Assets

$3.04B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$0.00

Operating Cash Flow

-$8.73M

Free Cash Flow

$0.00

Northrim BanCorp Inc Company Information

President, COO, CEO & Director
Michael G. Huston
Headquarters
3111 C Street, Anchorage, AK, United States, 99503
Phone
907 562 0062
IPO / Founded
1993-10-25
Industry
Banks - Regional
Data Updated:

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