NRIM Q1 2023 Earnings — Northrim BanCorp, Inc. Revenue & Financial Results | Market Cap Arena

NRIMNorthrim BanCorp, Inc.

$504M

Q1 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$35M+12.4% YoY

Gross Profit

$30M85.2% margin

Operating Income

$6M17.5% margin

Net Income

$5M13.9% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

-4.9%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$3M

Stock-Based Comp.

$140,000

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.4B

Stockholders' Equity

$224M

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$31M	+12.4%
Gross Profit	$30M	$30M	-2.3%
Operating Income	$6M	$9M	-33.8%
Net Income	$5M	$7M	-33.2%

Revenue Segments

Credit and Debit Card

$908,00067%

Deposit Account

$457,00033%