NRIM Q3 2024 Earnings — Northrim BanCorp, Inc. Revenue & Financial Results | Market Cap Arena

NRIMNorthrim BanCorp, Inc.

$504M

Q3 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$51M+20.3% YoY

Gross Profit

$38M75.2% margin

Operating Income

$12M22.8% margin

Net Income

$9M17.3% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

-$201,000

Free Cash Flow

-$330,000

Stock-Based Comp.

$265,000

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.7B

Stockholders' Equity

$260M

Cash & Equivalents

$103M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$42M	+20.3%
Gross Profit	$38M	$33M	+15.7%
Operating Income	$12M	$10M	+13.4%
Net Income	$9M	$8M	+5.4%

Revenue Segments

Credit and Debit Card

$1M66%

Deposit Account

$605,00034%