NRIM Q2 2024 Earnings — Northrim BanCorp, Inc. Revenue & Financial Results | Market Cap Arena

NRIMNorthrim BanCorp, Inc.

$504M

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$46M+19.8% YoY

Gross Profit

$37M79.1% margin

Operating Income

$12M24.9% margin

Net Income

$9M19.4% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

+6.5%

Cash Flow

Operating Cash Flow

-$38M

Free Cash Flow

-$39M

Stock-Based Comp.

$219,000

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.6B

Stockholders' Equity

$247M

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$46M	$39M	+19.8%
Gross Profit	$37M	$31M	+19.6%
Operating Income	$12M	$7M	+66.7%
Net Income	$9M	$6M	+61.7%

Revenue Segments

Credit and Debit Card

$1M66%

Deposit Account

$572,00034%