NRIM Q1 2024 Earnings — Northrim BanCorp, Inc. Revenue & Financial Results | Market Cap Arena

NRIMNorthrim BanCorp, Inc.

$504M

Q1 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$44M+25.8% YoY

Gross Profit

$34M78.2% margin

Operating Income

$11M24.1% margin

Net Income

$8M18.8% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$7M

Stock-Based Comp.

$208,000

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.5B

Stockholders' Equity

$239M

Cash & Equivalents

$80M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$44M	$35M	+25.8%
Gross Profit	$34M	$30M	+15.4%
Operating Income	$11M	$6M	+73.0%
Net Income	$8M	$5M	+69.8%

Revenue Segments

Credit and Debit Card

$917,00063%

Deposit Account

$549,00037%