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Northrim BanCorp, Inc.

NRIMFinancial ServicesNASDAQ

Banks - Regional · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$212.8M
+37.1% YoY
Net Income
$64.6M
+74.8% YoY

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About Northrim BanCorp, Inc.

Headquartered within the financial services sector, Northrim BanCorp, Inc. focuses on Banks - Regional services and products. 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 $540.8M market capitalization puts NRIM squarely in small-cap range for its industry. It operates through three segments: Community Banking, Home Mortgage Lending, and Specialty Finance.

Key stats
Market Cap$540.8M
P/E (TTM)8.44
Fwd P/E8.84
EPS$2.88
Beta0.92
52W Change+8.4%
Dividend Yield2.63%
ROE21.1%
Analysis

Northrim BanCorp, Inc. holds $166.1M in cash against $101.6M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. ROE of 21.1% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.0% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $129.2M (2022) to $212.8M (2025), reflecting a 65% increase over the period.

As with any equity investment, NRIM carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Northrim BanCorp, Inc.'s trajectory.

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