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Northrim BanCorp

NRIM

Northrim BanCorp Inc is a bank holding company that operates as a leading commercial financial institution primarily serving the Alaska market.

Market cap
$599.94M+28.2%
Revenue$221.7M+23.9%
Net income$68.5M+52.8%
EPS (diluted)$3.04-14.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 28, 2026 (in 3 months)
Revenue estimate$53.7M
EPS estimate$0.67

Financials

Q2 2026

Income statement

See full
Revenue$53.9M+7.2%
Net income$15.3M+30.3%
EPS (diluted)$0.68-67.5%

Balance sheet

See full
Total debt$93.0M+1,215%
Total equity$347.6M+19.8%
Total assets$3.4B+5.3%

Valuation & ratios

Valuation

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Market cap$599.94M+28.2%
P/E8.8×-1.8×
P/S2.7×+0.1×

Profitability

See full
Net margin30.9%+5.8pp

Returns & leverage

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Return on equity21.5%+4.8pp
Debt / equity0.3×+0.2×

Competitors

Profile

Northrim BanCorp Inc is a bank holding company that operates as a leading commercial financial institution primarily serving the Alaska market. The company provides a comprehensive suite of commercial and consumer banking services, residential mortgage origination, and specialized business financing solutions. Its core value proposition centers on relationship-based banking and local decision-making to support small to medium-sized enterprises and professional individuals.

Competitive position

The company is the third largest commercial bank in Alaska by deposits and maintains a dominant market share in several regional Alaskan hubs.

GeographiesUnited States, Alaska, Washington, Canada, United Kingdom
Customer segmentsSMEs, Retail Consumers, Commercial Real Estate Developers
Business modelInterest Income, Fee-based Services, Loan Servicing, Asset-based Lending
SuppliersFederal Reserve System, FDIC, Secondary mortgage market investors, Technology and core banking software providers
CustomersAlaskan businesses, Residential mortgage borrowers, SMEs requiring alternative liquidity, Alaska Housing Finance Corporation
Listed1990
Employees472.0
CEOMichael G. Huston
FilingsSEC EDGAR

Questions, answered.

What is Northrim BanCorp's market cap?
Northrim BanCorp (NRIM) has a market capitalization of $599.9M and trades on NASDAQ.
What is Northrim BanCorp's revenue and profitability?
Northrim BanCorp generated $221.7M in trailing twelve-month revenue with net income of $68.5M, representing a net margin of 30.9%. These figures are based on the Q2 2026 filing.
Who are Northrim BanCorp's competitors?
Northrim BanCorp's key competitors include Wells Fargo & Company, KeyCorp, United Bankshares Inc, and others. These companies compete in similar markets and product categories.
Who does Northrim BanCorp partner with?
Northrim BanCorp's notable partners include Alaska Housing Finance Corporation, Pacific Wealth Advisors, LLC, Zelle, and others.
What subsidiaries does Northrim BanCorp have?
Northrim BanCorp's subsidiaries include Northrim Bank, Residential Mortgage, LLC, Sallyport Commercial Finance, LLC, and others.
Where is Northrim BanCorp headquartered?
Northrim BanCorp is headquartered in United States of America and employs approximately 472 people. It has been publicly traded since 1990.