NRIM Q3 2023 Earnings — Northrim BanCorp, Inc. Revenue & Financial Results | Market Cap Arena

NRIMNorthrim BanCorp, Inc.

$504M

Q3 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$42M+17.1% YoY

Gross Profit

$33M78.2% margin

Operating Income

$10M24.2% margin

Net Income

$8M19.7% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$9M

Stock-Based Comp.

$254,000

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.6B

Stockholders' Equity

$225M

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42M	$36M	+17.1%
Gross Profit	$33M	$35M	-6.2%
Operating Income	$10M	$13M	-21.3%
Net Income	$8M	$10M	-17.3%

Revenue Segments

Credit and Debit Card

$1M65%

Deposit Account

$550,00035%