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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›NRIM›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

NORTHRIM BANCORP INC (NRIM) financials

Income statement

NORTHRIM BANCORP INC (NRIM) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$6.28M$5.83M$5.91M———$134M$158M$196M$256M
Revenue growth—-7.2%1.5%————17.8%23.8%30.4%
Gross profit——————$127M$126M$152M$209M
Gross margin——————94.7%79.4%77.5%81.7%
Net income$14.4M$13.2M$20.0M$20.7M$32.9M$37.5M$30.7M$25.4M$37.0M$64.6M
Net margin229.5%225.7%338.4%———22.9%16.0%18.9%25.3%
EPS (diluted)$2.06$1.88$2.86$3.04$5.11$6.00$5.27$1.12$1.66$2.87

Cash flow

NORTHRIM BANCORP INC (NRIM) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$20.1M$19.3M$25.1M-$821K-$36.5M$112M$78.1M$38.8M-$8.73M$139M
Capital expenditures$3.29M$1.55M$3.51M$2.32M$2.85M$2.34M$3.80M$6.17M$620K$5.47M
Free cash flow$16.8M$17.7M$21.6M-$3.14M-$39.3M$110M$74.3M$32.6M-$9.35M$134M
Share buybacks$0.00$1.61M$494K$12.6M$9.98M$11.5M$14.2M$9.04M$789K$0.00
Dividends paid$5.37M$5.96M$7.06M$8.51M$8.84M$9.39M$10.6M$13.6M$13.8M$14.5M

Balance sheet

NORTHRIM BANCORP INC (NRIM) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$50.6M$77.8M$77.5M$95.4M$116M$646M$259M$119M$62.7M$146M
Total assets$1.53B$1.52B$1.50B$1.64B$2.12B$2.72B$2.67B$2.81B$3.04B$3.29B
Total liabilities$1.34B$1.33B$1.30B$1.44B$1.90B$2.49B$2.46B$2.57B$2.77B$2.96B
Long-term debt$31.9M$35.1M$41.5M$8.89M$14.8M$14.5M$14.1M$13.7M$23.0M$12.8M
Shareholders' equity$187M$193M$206M$207M$222M$238M$219M$235M$267M$327M
Retained earnings$117M$124M$137M$150M$173M$204M$224M$236M$259M$310M
Shares (wtd avg diluted)6.97M6.98M6.98M6.81M6.43M6.25M5.83M22.6M22.3M22.5M

Every figure is extracted from NORTHRIM BANCORP INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is NORTHRIM BANCORP INC's annual revenue?
NORTHRIM BANCORP INC (NRIM) reported $256M of revenue for fiscal year 2025 — up 30.4% from $196M in FY2024, per its annual report filed with the SEC.
Is NORTHRIM BANCORP INC profitable?
Yes — NRIM earned $64.6M of net income in FY2025, a 25.3% net margin, per SEC filings.
What is NORTHRIM BANCORP INC's free cash flow?
$134M in FY2025 (operating cash flow $139M minus $5.47M of capital expenditures), from the SEC cash-flow statement.
Does NRIM pay a dividend?
Yes — NORTHRIM BANCORP INC paid $14.5M in cash dividends during FY2025, per its SEC cash-flow statement.
Full NRIM analysis — verdict, score & filings →Is NRIM a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.