NRIMNorthrim BanCorp, Inc.

$504M

Q2 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$39M+26.0% YoY

Gross Profit

$31M79.2% margin

Operating Income

$7M17.9% margin

Net Income

$6M14.4% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+11.8%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$29M

Stock-Based Comp.

$225,000

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.4B

Stockholders' Equity

$221M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$39M	$31M	+26.0%
Gross Profit	$31M	$30M	+3.9%
Operating Income	$7M	$6M	+9.7%
Net Income	$6M	$5M	+16.3%

Revenue Segments

Credit and Debit Card

$986,00066%

Deposit Account

$505,00034%

NRIM Q2 2023 Earnings — Northrim BanCorp, Inc. Revenue & Financial Results | Market Cap Arena