# Northrim BanCorp, Inc. (NRIM)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $565M  
**Price:** $25.14 (-1.04%)

> Northrim BanCorp, Inc. is a financial services holding company focusing primarily on providing community banking services. Its primary function is to offer commercial and consumer loans, deposit accounts, as well as mortgage loans through its subsidiaries, primarily Northrim Bank. Situated in Anchorage, Alaska, the company serves customers across the vast and diverse Alaskan market, emphasizing personalized financial services tailored to the local economy. Northrim BanCorp, Inc. is a key player in the Alaskan banking sector, with interests extending to wealth management and merchant services, catering to both individual and corporate clients. Besides traditional banking products, the company provides customized financial solutions to industries such as fishing, tourism, and construction, which are pivotal to Alaska’s economic landscape. Through its robust community-oriented approach, Northrim BanCorp plays a crucial role in supporting local economic development and catering to the unique financial needs of Alaskan residents and businesses.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $256M | $209M | — | $65M | — |
| 2024 | $196M | $152M | — | $37M | — |
| 2023 | $158M | $126M | — | $25M | — |
| 2022 | $134M | $127M | — | $31M | — |
| 2021 | $85M | — | — | $38M | — |
| 2020 | $77M | — | — | $33M | — |
| 2019 | $70M | — | — | $21M | — |
| 2018 | $6M | — | — | $20M | — |
| 2017 | $6M | — | — | $13M | — |
| 2016 | $6M | — | — | $14M | — |
| 2015 | $60M | — | — | $18M | — |
| 2014 | $54M | — | — | $17M | — |
| 2013 | $46M | — | — | $12M | — |
| 2012 | $45M | — | — | $13M | — |
| 2011 | $46M | — | — | $11M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $3.29B | $2.96B | $327M | — | $82M |
| 2024 | $3.04B | $2.77B | $267M | — | $23M |
| 2023 | $2.81B | $2.57B | $235M | — | $14M |
| 2022 | $2.67B | $2.46B | $219M | — | $14M |
| 2021 | $2.72B | $2.49B | $238M | — | $15M |
| 2020 | $2.12B | $1.90B | $222M | — | $15M |
| 2019 | $1.64B | $1.44B | $207M | — | $9M |
| 2018 | $1.50B | $1.30B | $206M | $78M | $42M |
| 2017 | $1.52B | $1.33B | $193M | $78M | $35M |
| 2016 | $1.53B | $1.34B | $187M | $51M | $32M |
| 2015 | $1.50B | $1.32B | $177M | $59M | $34M |
| 2014 | $1.45B | $1.28B | $164M | $69M | — |
| 2013 | $1.22B | $1.07B | $144M | $86M | $7M |
| 2012 | $1.16B | $1.02B | $136M | $141M | $24M |
| 2011 | $1.09B | $960M | $125M | $80M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $139M | $5M | $134M |
| 2024 | -$9M | $620,000 | -$9M |
| 2023 | $39M | $6M | $33M |
| 2022 | $78M | $4M | $74M |
| 2021 | $112M | $2M | $110M |
| 2020 | -$36M | $3M | -$39M |
| 2019 | -$821,000 | $2M | -$3M |
| 2018 | $25M | $4M | $22M |
| 2017 | $19M | $2M | $18M |
| 2016 | $20M | $3M | $17M |
| 2015 | $11M | $7M | $4M |
| 2014 | $20M | $7M | $14M |
| 2013 | $19M | $2M | $16M |
| 2012 | $33M | $2M | $31M |
| 2011 | -$5M | $664,000 | -$6M |

Source: [CompaniesByCap](https://companiesbycap.com/company/NRIM)