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Northrim BanCorp, Inc.(NRIM)Earnings, Financials & Key Ratios
NRIM•NASDAQ•Banking & Credit
$27.11
9.4× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryCommercial and middle-market focused banks
AboutNorthrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company 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. It also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short-term working capital. In addition, the company offers other services comprising consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, it provides mobile web and text banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox, card control, business employee purchase cards, home equity advantage access cards, telebanking, and automated teller services. Additionally, the company offers personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment, People Pay, 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. It also provides investment advisory, trust, wealth management, factoring, and mortgage brokerage services. As of January 28, 2022, the company operated 17 branches in Anchorage, the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.Show more
- Net Interest Income$135M+20.3%
- Total Revenue$243M+23.8%
- Net Income$65M+74.8%
- Return on Equity21.77%+47.7%
- Net Interest Margin4.1%+11.3%
- Efficiency Ratio45.9%-14.3%
- ROA2.04%+61.4%
- Equity / Assets9.92%+13.0%
- Book Value per Share14.49+21.2%
NRIM Price & Volume
Northrim BanCorp, Inc. (NRIM) stock price & volume — 10-year historical chart
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Alaskan Market Dominance Drives Steady Revenue Growth
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Expanding
Profitability:Strong
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Alaskan economic concentration
Key Thesis Takeaways
- Northrim BanCorp demonstrates a resilient growth trajectory, evidenced by an 11.6% year-over-year increase in net interest income as of 2026Q1.
- While the bank maintains a fortress-like capital position with an equity-to-assets ratio of 0.10, investors should monitor the concentration risk inherent in its $3.4 billion investment securities portfolio.
- The bank's disciplined operational approach, highlighted by a 51.2% efficiency ratio, suggests a sustainable path forward despite the inherent cyclicality of the Alaskan commercial economy.
Verdict Logic
while the bank exhibits strong profitability with a 51.2% efficiency ratio, the significant concentration in its $3.4 billion investment securities portfolio suggests that investors should exercise caution regarding potential interest rate sensitivity.
NRIM Growth Metrics
Northrim BanCorp, Inc. (NRIM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years8.8%
5 Years11.61%
3 Years21.74%
TTM-
Profit CAGR
10 Years13.77%
5 Years14.46%
3 Years28.09%
TTM54.31%
EPS CAGR
10 Years16.19%
5 Years17.57%
3 Years29.63%
TTM53.19%
Return on Capital
10 Years12.84%
5 Years14.74%
3 Years14.89%
Last Year20.55%
NRIM Recent Earnings
Northrim BanCorp, Inc. (NRIM) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (78%)●Beat Revenue 6/12 qtrs (67%)
Q2 2026Latest
Apr 22, 2026Metric
Actual
Est
EPS
$0.61+15.1%
$0.53
Rev
$50M-2.1%
$51M
Q2 2026
Mar 6, 2026Metric
Actual
Est
EPS
$0.55
—
Rev
$62M
—
Q1 2026
Jan 23, 2026Metric
Actual
Est
EPS
$0.54-15.6%
$0.64
Rev
$52M-2.0%
$53M
Q4 2025
Oct 22, 2025Metric
Actual
Est
EPS
$0.72+13.4%
$0.64
Rev
$52M+2.7%
$51M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.61vs $0.53+15.1% | $50Mvs $51M-2.1% |
| Q2 2026 | Mar 6, 2026 | $0.55 | $62M |
| Q1 2026 | Jan 23, 2026 | $0.54vs $0.64-15.6% | $52Mvs $53M-2.0% |
| Q4 2025 | Oct 22, 2025 | $0.72vs $0.64+13.4% | $52Mvs $51M+2.7% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Northrim BanCorp, Inc. (NRIM)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $27.11 | $603.06M | 9.45 | 23.77% | 26.64% | 21.77% | 2.38% | |
| $67.05 | $671.23M | 11.40 | 22.26% | 20.68% | 11.5% | — | |
| $23.29 | $224.61M | 15.95 | -9.41% | 16.49% | 8% | — | |
| $51.75 | $492.63M | 11.50 | -3.87% | 31.77% | 18.18% | — | |
| $29.44 | $1B | 15.02 | 5.92% | 20.5% | 7.58% | — | |
| $67.33 | $2.29B | 11.94 | -0.95% | 24.82% | 10.66% | — |
Compare NRIM vs Peers
Northrim BanCorp, Inc. (NRIM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NRIM SEC Filings & Documents
Northrim BanCorp, Inc. (NRIM) SEC filings — annual & quarterly reports (10-K, 10-Q)
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NRIM Frequently Asked Questions
Northrim BanCorp, Inc. (NRIM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Northrim BanCorp, Inc. growing?
Northrim BanCorp, Inc. (NRIM) grew revenue by 23.8% over the past year. This is strong growth.
Is NRIM profitable?
Yes, Northrim BanCorp, Inc. (NRIM) is profitable, generating $65.0M in net income for fiscal year 2025 (26.6% net margin).
Dividend & Returns
Does NRIM pay dividends?
Yes, Northrim BanCorp, Inc. (NRIM) pays a dividend with a yield of 2.38%. This makes it attractive for income-focused investors.
What is NRIM's return on equity?
Northrim BanCorp, Inc. (NRIM) has a return on equity (ROE) of 21.8%. This is excellent, indicating efficient use of shareholder capital.
Industry Metrics
What is Northrim BanCorp, Inc.'s net interest margin?
Northrim BanCorp, Inc. (NRIM) has a net interest margin (NIM) of 4.1%. This indicates healthy earnings from lending activities.
What is Northrim BanCorp, Inc.'s efficiency ratio?
Northrim BanCorp, Inc. (NRIM) has an efficiency ratio of 45.9%. This is excellent, indicating strong cost control.