NORTHRIM BANCORP INC
About NORTHRIM BANCORP INC
Northrim BanCorp Inc is a bank holding company operating through three reportable segments: Community Banking, Home Mortgage Lending, and Specialty Finance. The Community Banking segment, which generates the majority of revenue, provides loan and deposit products to business and consumer customers in its market areas. The Home Mortgage Lending segment focuses on the origination and sale of mortgage loans for one-to-four family residential properties, mortgage loan servicing for certain loans sold, and investment in selected residential mortgage loans. The Specialty Finance segment provides factoring, asset-based lending, and alternative working capital solutions to small and medium-sized enterprises and includes SCF and Northrim Funding Services.
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Financial summary
- Revenue FY2025
- $255.6M
- Net income
- $64.6M
- Total assets
- $3.3B
- Market cap
- $551.7M
- Gross margin
- 81.7%
- Operating margin
- 33.1%
- Net margin
- 25.3%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $255.6M
- Cost of revenue
- $46.7M
- Gross profit
- $208.9M
- Operating expenses
- $124.4M
- Operating income
- $84.5M
- Income tax
- $19.9M
- Net income
- $64.6M
- EPS (basic)
- $2.92
- EPS (diluted)
- $2.87
Balance sheet
- Total assets
- $3.3B
- Current assets
- $3.3B
- Total liabilities
- $3.0B
- Current liabilities
- $3.0B
- Shareholders’ equity
- $326.5M
Cash flow
- Operating cash flow
- $139.3M
- Investing cash flow
- -$223.4M
- Financing cash flow
- $167.3M
- Net cash flow
- $83.2M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $551.7M
- P/E ratio
- 8.9
- EPS (diluted)
- $2.87
- Dividend yield
- 2.52%
- Shares outstanding
- 21.7M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Nov 5, 1990
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $64.6M in FY2025.
- Revenue grew 202% from FY2021 to FY2025.
- Gross margin of 81.7%, net margin 25.3%.
- Trading 15% below its 52-week high.
- Pays a dividend yielding about 2.52% annually.
- Valued at a price-to-earnings (P/E) ratio of 8.9.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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