Northrim BanCorp NRIM
$23.49 −$0.08 (-0.34%)
Market closed · Nov 6, 8:10 pm ET · Last extended-hours $23.49 0.00%
Open$23.50
Prev close$23.57
Day range$23.33 – $23.78
Volume144.4K
Market cap$522.53M
P/E (TTM)9.5
Dividend yield2.72%
Fundamentals
Latest reported quarter: Q2, ended Jun 2026
Revenue$53.87M+7.2% YoY
Net profit$15.34M+30.3% YoY
Diluted EPS$0.68+30.8% YoY
Free cash flow$39.50M+934.7% YoY
Operating cash flow$40.08M
Revenue, last 8 quarters
Net profit, last 8 quarters
Diluted EPS by quarter
Free cash flow by quarter
Annual revenue
Profitability & balance sheet
Net margin30.9%
Return on equity21.5%
Return on assets2.1%
Liabilities / assets89.8%
Cash & investments$172.21M
Total debt$93.03M
Net cash (debt)$79.18M
Free cash flow / sales84.0%
Where the revenue comes from
Quarter 2026/Q2
By business line
Income statement
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Operating Revenue | $53.87M | $49.54M | $212.81M | $65.87M | $52.37M |
| Net Interest Income | $36.81M | $34.36M | $134.47M | $35.07M | $35.03M |
| -Interest Income | $46.83M | $44.59M | $177.24M | $45.73M | $45.66M |
| -Interest Expense | $10.02M | $10.24M | $42.77M | $10.67M | $10.63M |
| Non-Interest Income | $17.06M | $15.18M | $78.34M | $30.80M | $17.34M |
| -Fees and Commissions | $15.85M | $14.49M | $58.70M | $14.81M | $16.57M |
| -Dividend Income | $327,000.00 | $303,000.00 | $1.14M | $306,000.00 | $316,000.00 |
| -Other Non-Interest Income | $721,000.00 | $642,000.00 | $18.33M | $15.62M | $381,000.00 |
| -Gain Loss on Sale of Assets | $164,000.00 | -$256,000.00 | $169,000.00 | $61,000.00 | $80,000.00 |
| Credit Losses Provision | -$1.63M | -$960,000.00 | -$3.91M | -$1.63M | -$1.72M |
| Non-Interest Expense | $31.52M | $30.12M | $122.05M | $32.89M | $29.70M |
| Occupancy and Equipment | $1.83M | $2.10M | $7.82M | $1.91M | $1.92M |
| Professional Expense and Contract Services Expense | $1.43M | $1.16M | $4.68M | $1.34M | $1.11M |
| Selling and Admin Expenses | $21.90M | $20.81M | $85.28M | $22.97M | $20.74M |
| -Selling & Marketing Expense | $686,000.00 | $901,000.00 | $3.73M | $1.51M | $508,000.00 |
| -General & Admin Expense | $21.22M | $19.91M | $81.55M | $21.47M | $20.23M |
| Other Non-Interest Expenses | $6.37M | $6.05M | $24.27M | $6.67M | $5.93M |
| Other Income (Expense) | -$500,000.00 | -$500,000.00 | -$2.33M | -$14.74M | $13.61M |
| Special Income (Charges) | -$500,000.00 | -$500,000.00 | -$2.33M | -$14.74M | $13.61M |
| -Less:Restructuring and Mergern & Acquisition | $500,000.00 | $500,000.00 | $2.33M | $533,000.00 | $600,000.00 |
| Pretax Profit | $20.22M | $17.96M | $84.52M | $16.61M | $34.57M |
| Tax | $4.88M | $4.28M | $19.91M | $4.17M | $7.50M |
| Net Profit | $15.34M | $13.68M | $64.61M | $12.44M | $27.07M |
| Profit from Continuing Operations | $15.34M | $13.68M | $64.61M | $12.44M | $27.07M |
| Net Income to Parent Company | $15.34M | $13.68M | $64.61M | $12.44M | $27.07M |
| Net Income to Common Stockholders | $15.34M | $13.68M | $64.61M | $12.44M | $27.07M |
| Basic EPS | $0.69 | $0.62 | $2.92 | $0.56 | $1.23 |
| Diluted EPS | $0.68 | $0.61 | $2.87 | $0.55 | $1.20 |
| Dividend Per Share | $0.16 | $0.16 | $0.64 | $0.16 | $0.16 |
| Depreciation & Amortization & Depletion | – | – | $0.00 | – | – |
| -Depreciation & Amortization | – | – | $0.00 | – | – |
| -Less:Other Special Charges | – | – | – | – | -$14.21M |
Balance sheet
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Assets | $3.42B | $3.35B | $3.29B | $3.29B | $3.31B |
| Cash, Cash Equivalents & Federal Funds Sold | $172.21M | $154.94M | $145.91M | $145.91M | $212.69M |
| -Cash and Cash Equivalents | $172.21M | $154.94M | $145.91M | $145.91M | $212.69M |
| Securities Investment | $454.71M | $460.34M | $489.88M | $489.88M | $464.26M |
| -Available for Sale Securities | $11.32M | $10.15M | $265.10M | $265.10M | $8.33M |
| -Held to Maturity Securities | $31.75M | $31.75M | $26.75M | $26.75M | $36.75M |
| -Short Term Investments | $411.64M | $418.45M | $198.04M | $198.04M | $419.18M |
| Net Loan | $2.44B | $2.42B | $2.37B | $2.37B | $2.31B |
| -Gross Loan | $2.47B | $2.44B | $2.40B | $2.40B | $2.33B |
| -Allowance for Loans and Lease Losses | $25.46M | $24.81M | $23.74M | $23.74M | $23.36M |
| Receivables | $122.79M | $105.03M | $122.27M | $122.27M | $108.05M |
| -Other Receivables | $122.79M | $105.03M | $109.73M | $109.73M | $108.05M |
| Net PPE | $52.75M | $53.48M | $45.60M | $45.60M | $44.87M |
| -Gross PPE | $52.75M | $53.48M | $87.87M | $87.87M | $44.87M |
| Goodwill and Other Intangible Assets | $79.30M | $79.25M | $81.18M | $81.18M | $78.62M |
| -Goodwill | $49.87M | $49.87M | $49.87M | $49.87M | $49.87M |
| -Other Intangible Assets | $29.43M | $29.38M | $31.30M | $31.30M | $28.75M |
| Foreclosed Assets | $1.22M | $1.04M | – | – | – |
| Federal Home Loan Bank Stock | $7.19M | $7.06M | $6.76M | $6.76M | $6.44M |
| Other Assets | $81.07M | $78.71M | $7.06M | $7.06M | $90.47M |
| Total Liabilities | $3.07B | $3.02B | $2.96B | $2.96B | $3.00B |
| Total Deposits | $2.92B | $2.87B | $2.81B | $2.81B | $2.91B |
| Long Term Debt and Capital Lease Obligation | $93.03M | $93.51M | $87.22M | $87.22M | $29.79M |
| -Long Term Debt | $81.57M | $81.65M | $81.28M | $81.28M | $23.23M |
| -Long Term Capital Lease Obligation | $11.46M | $11.86M | $5.94M | $5.94M | $6.56M |
| Other Liabilities | $55.95M | $51.84M | $63.03M | $63.03M | $60.42M |
| Total Equity | $347.61M | $335.81M | $326.54M | $326.54M | $315.66M |
| Stockholders' Equity | $347.61M | $335.81M | $326.54M | $326.54M | $315.66M |
| Capital Stock | $5.56M | $5.56M | $5.53M | $5.53M | $5.52M |
| -Common Stock | $5.56M | $5.56M | $5.53M | $5.53M | $5.52M |
| -Preferred Stock | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Additional Paid-In Capital | $10.76M | $10.36M | $10.82M | $10.82M | $10.18M |
| Retained Earnings | $331.39M | $319.66M | $309.58M | $309.58M | $300.73M |
| Gains/Losses Not Affecting Retained Earnings | -$98,000.00 | $225,000.00 | $619,000.00 | $619,000.00 | -$772,000.00 |
| Long Term Equity Investment | – | – | $0.00 | $0.00 | – |
| Derivative Assets | – | – | $8.92M | $8.92M | – |
| -Accounts Receivable | – | – | $12.54M | $12.54M | – |
| -Accumulated Depreciation | – | – | -$42.27M | -$42.27M | – |
| Prepaid Assets | – | – | $2.61M | $2.61M | – |
| Bank-Owned Life Insurance | – | – | $4.05M | $4.05M | – |
| Deferred Assets | – | – | $3.94M | $3.94M | – |
| Short-Term Debt and Capital Lease Obligation | – | – | $453,000.00 | $453,000.00 | – |
| -Current Debt | – | – | $453,000.00 | $453,000.00 | – |
Cash flow
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Operating Cash Flow | $40.08M | $27.22M | $139.34M | $34.54M | $92.67M |
| Net cash flow from continuing operations | $40.08M | $27.22M | $139.34M | $34.54M | $92.67M |
| Net Income from Continuing Operations | $15.34M | $13.68M | $64.61M | $12.44M | $27.07M |
| Gain/Loss from Continuing Operations | -$5.41M | -$3.00M | -$31.26M | -$5.57M | -$19.02M |
| Depreciation & Depletion & Amortization | $825,000.00 | $855,000.00 | $3.53M | $874,000.00 | $880,000.00 |
| Deferred Tax | $0.00 | $1.73M | -$1.51M | – | – |
| Other Non-Cash Items | $26.02M | $20.62M | $76.17M | $17.01M | $80.74M |
| Change in Working Capital | $1.58M | -$8.07M | $22.36M | $9.00M | $1.02M |
| -Change in Receivables | -$305,000.00 | -$1.66M | -$1.04M | $309,000.00 | -$277,000.00 |
| -Change in Other Current Assets | -$1.23M | $5.76M | $23.46M | $7.07M | $4.09M |
| -Change in Other Current Liabilities | $3.12M | -$12.17M | -$64,000.00 | $1.62M | -$2.80M |
| Net cash flow from investing | -$64.18M | -$75.72M | -$223.43M | -$63.05M | -$64.91M |
| Net Cash Flow from Continuing Investing Activities | -$64.18M | -$75.72M | -$223.43M | -$63.05M | -$64.91M |
| Net PPE Purchase and Sale | -$583,000.00 | -$2.89M | -$5.47M | -$2.22M | -$2.73M |
| Net Business Purchase and Sale | $0.00 | $0.00 | $144,000.00 | $0.00 | $0.00 |
| Net Investment Purchase and Sale | $5.40M | -$5.30M | $79.41M | $10.41M | $13.26M |
| Net Income from Loans | -$50.48M | -$63.85M | -$268.47M | -$77.33M | -$78.41M |
| Net Other Investing Changes | -$18.52M | -$3.68M | -$29.04M | $6.09M | $2.97M |
| Financing Cash Flow | $41.37M | $57.53M | $167.26M | -$38.28M | $43.65M |
| Net Cash Flow from Continuing Financing Activities | $41.37M | $57.53M | $167.26M | -$38.28M | $43.65M |
| Increase/Decrease in Deposit | $45.04M | $60.72M | $132.84M | -$93.43M | $97.29M |
| Net Issuance Payments of Debt | -$112,000.00 | -$112,000.00 | $48.36M | $58.49M | -$50.11M |
| Net Common Stock Issuance | $0.00 | $483,000.00 | $609,000.00 | $609,000.00 | $1,000.00 |
| Cash Dividends Paid | -$3.56M | -$3.56M | -$14.55M | -$3.94M | -$3.54M |
| Ending Cash Balance | $172.21M | $154.94M | $145.91M | $145.91M | $212.69M |
| Net Change in Cash | $17.28M | $9.03M | $83.17M | -$66.79M | $71.41M |
| Beginning Cash Balance | $154.94M | $145.91M | $62.74M | $212.69M | $141.28M |
| Free Cash Flow | $39.50M | $24.33M | $133.87M | $32.32M | $89.95M |
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