MARKETS / NASDAQ / NRIM

NASDAQ · SAVINGS INSTITUTION, FEDERALLY CHARTERED · MID CAP

Northrim Bancorp Inc. NRIM

17 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$255.6M

▲ 30.4% YoY

Net income

$64.6M

▲ 74.8% YoY

Free cash flow

$133.9M

In brief

What this company does

Northrim BanCorp, Inc. offers a wide array of commercial and consumer loan and deposit products, investment products, and electronic banking services over the Internet. It had $2.8 billion in total deposits and $3.3 billion in total assets at December 31, 2025. The Bank has 20 branch locations throughout the State of Alaska. The Company operates in three reportable segments: Community Banking, Home Mortgage Lending, and Specialty Finance. In its Community Banking segment, it emphasizes commercial and real estate lending, with loan products that include short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans. In its Home Mortgage Lending segment, the Company originates 1-4 family residential mortgages through RML, most of which it sells to the secondary market. The Company began banking operations in Anchorage in December 1990, and was formed as an Alaska corporation in connection with a reorganization into a holding company structure completed effective December 31, 2001.

Written from the business description in NORTHRIM BANCORP INC's annual report to the U.S. Securities and Exchange Commission, filed 6 March 2026. Every sentence was checked against that document before publication.

Growth

USD 255.6M

Revenue, FY2025 · full 17-year series below

Revenue $M Net income $M

FY2025 · Revenue 255.6 · Net income 64.6

Compound annual growth

Revenue

+23.9%

Net income

+28.1%

+14.5%

+13.8%

+14.0%

Returned to shareholders

−15.5%

−4.9%

+11.0%

+11.5%

3 yrs

5 yrs

10 yrs

15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

25 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 33.1% · Net 25.3%

ROE

FY2025 · ROE 21.8%

Gross margin81.7%

Operating margin33.1%

Net margin25.3%

Return on assets2.0%

EBITDAUSD 88.0M

Each USD of equity produced 22 cents of profit this year.

Cash & shareholders

USD 14.5M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 133.9

Net buybacks $M Dividends $M

FY2025 · Dividends 14.5 · Net buybacks -0.6

Dividends paidUSD 14.5M

Net buybacksUSD -609,000.00

Share of profit22.5%

Consecutive raises1 years (since the 2024 share-count change)

USD 14.5M in dividends — 23% of the year's profit went back to shareholders.

Total assetsUSD 3.3B

EquityUSD 326.5M

CashUSD 145.9M

Gross debtUSD 12.8M

Net debtUSD -133.1M

DepositsUSD 2.8B

The company holds more cash than debt.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	0.3	0.2	0.2	0.1	·	·	·	0.0	0.0	0.0	·	·	·	·	·	·	·
Operating income $B	0.1	0.0	0.0	0.0	0.0	0.0	0.0	·	·	·	·	·	·	·	·	·	·
EBITDA $B	0.1	0.1	0.0	0.0	0.1	0.0	0.0	·	·	·	·	·	·	·	·	·	·
Income tax $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.1	−0.0	0.0	0.1	0.1	−0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0
EPS, diluted $	2.87	1.66	1.12	5.27	6.00	5.11	3.04	2.86	1.88	2.06	2.56	2.54	1.87	1.97	1.74	1.40	1.20
Dividend / sh $	0.64	0.61	0.60	1.82	1.50	1.38	1.26	1.02	0.86	0.78	0.74	0.70	0.64	0.56	0.50	0.44	·
Payout %	23	37	54	34	25	27	41	35	45	37	29	27	34	28	29	31	33
ROE %	21.8	14.7	11.2	13.5	16.3	15.3	10.0	10.0	6.9	7.9	10.4	11.3	8.8	9.9	9.4	7.7	·
Shares out B	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 50 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivitySavings Institution, Federally Chartered

Listed onNASDAQ

Incorporated inAlaska

Fiscal year endsDecember 31

Data on record since2009