NRIM (Northrim BanCorp, Inc.) Stock Financials & Earnings | Market Cap Arena

NRIM (Northrim BanCorp, Inc.) Stock Financials & Earnings | Market Cap Arena

NRIMNorthrim BanCorp, Inc.

Mkt Cap$504M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Revenue (TTM)$243M

Net Income (TTM)$65M

EPS (TTM)$2.87

Free Cash Flow (TTM)$229M

Gross Margin81.4%

Op. Margin35.5%

Net Margin26.6%

FCF Margin94.2%

P/S Ratio (TTM)2.1x

P/E Ratio (TTM)7.8x

YoY Rev Growth+23.8%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$35M	$30M	$6M
Q2 23	$39M	$31M	$7M
Q3 23	$42M	$33M	$10M
Q4 23	$42M	$32M	$8M
Q1 24	$44M	$34M	$11M
Q2 24	$46M	$37M	$12M
Q3 24	$51M	$38M	$12M
Q4 24	$55M	$43M	$13M
Q1 25	$56M	$47M	$18M
Q2 25	$61M	$48M	$16M
Q3 25	$63M	$51M	$35M
Q4 25	$62M	$52M	$18M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	3.6x	17.8x
Q2 23	3.4x	17.3x
Q3 23	3.3x	18.4x
Q4 23	3.2x	19.8x
Q1 24	3.0x	17.5x
Q2 24	2.9x	15.6x
Q3 24	2.7x	15.4x
Q4 24	2.6x	13.6x
Q1 25	2.4x	12.0x
Q2 25	2.3x	11.2x
Q3 25	2.1x	8.0x
Q4 25	2.1x	7.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$4M	$3M
Q2 23	-$27M	-$29M
Q3 23	$11M	$9M
Q4 23	$50M	$49M
Q1 24	-$6M	-$7M
Q2 24	-$38M	-$39M
Q3 24	-$201K	-$330K
Q4 24	$36M	$37M
Q1 25	$17M	$16M
Q2 25	-$4M	-$5M
Q3 25	$93M	$90M
Q4 25	$127M	$127M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$1M
Q2 23	$2M
Q3 23	$2M
Q4 23	$683K
Q1 24	$1M
Q2 24	$894K
Q3 24	$129K
Q4 24	$1M
Q1 25	$208K
Q2 25	$316K
Q3 25	$3M
Q4 25	$208K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+12.4%	+31.9%
Q2 23	+26.0%	+30.2%
Q3 23	+17.1%	+38.7%
Q4 23	+16.2%	+28.4%
Q1 24	+25.8%	+15.8%
Q2 24	+19.8%	+9.6%
Q3 24	+20.3%	+22.5%
Q4 24	+29.3%	+21.9%
Q1 25	+27.7%	+15.2%
Q2 25	+32.2%	+30.8%
Q3 25	+23.5%	-27.8%
Q4 25	+13.7%	+6.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$140K	0.4%
Q2 23	$225K	0.6%
Q3 23	$254K	0.6%
Q4 23	$318K	0.7%
Q1 24	$208K	0.5%
Q2 24	$219K	0.5%
Q3 24	$265K	0.5%
Q4 24	$221K	0.4%
Q1 25	$232K	0.4%
Q2 25	$327K	0.5%
Q3 25	$363K	0.6%
Q4 25	$1M	1.9%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$16M	$564K
Q2 23	$16M	$933K
Q3 23	$16M	$499K
Q4 23	$16M	$933K
Q1 24	$16M	$513K
Q2 24	$17M	$690K
Q3 24	$18M	$860K
Q4 24	$19M	$965K
Q1 25	$18M	$672K
Q2 25	$22M	$1M
Q3 25	$20M	$508K
Q4 25	$21M	$2M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$139M	$678M	$817M
Q2 23	$37M	$671M	$708M
Q3 23	$111M	$652M	$763M
Q4 23	$119M	$638M	$756M
Q1 24	$80M	$592M	$673M
Q2 24	$54M	$585M	$639M
Q3 24	$103M	$545M	$648M
Q4 24	$63M	$479M	$541M
Q1 25	$66M	$463M	$529M
Q2 25	$141M	$429M	$571M
Q3 25	$213M	$419M	$632M
Q4 25	$36M	$421M	$457M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	23M	-0.2%
Q2 23	23M	-1.4%
Q3 23	23M	-0.9%
Q4 23	22M	-0.8%
Q1 24	22M	-0.4%
Q2 24	22M	+0.1%
Q3 24	22M	+0.4%
Q4 24	22M	+0.3%
Q1 25	22M	+0.2%
Q2 25	22M	+0.1%
Q3 25	22M	+0.1%
Q4 25	23M	+0.3%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$165K	426
FY 15	$237K	441
FY 16	$227K	451
FY 17	$224K	429
FY 18	$224K	430
FY 19	$249K	431
FY 20	$320K	438
FY 21	$303K	451
FY 22	$287K	469
FY 23	$335K	472
FY 24	$390K	503
FY 25	$470K	516