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Northrim BanCorp NRIM Specialty Finance — Purchased receivables, net

Other segment segments

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Other financials

Income statement

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Revenue$49.5M+11.7%
Net income$13.7M+2.6%
EPS (diluted)$0.61+1.7%

Balance sheet

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Cash & equivalents$406.9M-17.3%
Total debt$93.5M+1,117%
Total equity$335.8M+20.0%
Total assets$3.4B+6.8%

Cash flow

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Operating cash flow$27.2M+64.6%
CapEx$2.9M+1,290%
Free cash flow$24.3M+48.9%

Valuation

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Market cap$606.17M+26.8%
P/E9.3×-2.0×
P/S2.8×-0.1×

Profitability

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Net margin29.8%+4.3pp
FCF margin67.2%

Returns & leverage

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Return on equity21.1%+4.9pp
Debt / equity0.3×+0.3×

Where this comes from

Reported directly by Northrim BanCorp in its filing.

Tagged under the XBRL concept us-gaap:AccountsReceivableNet.

The official record: Northrim BanCorp’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northrim BanCorp's specialty finance — purchased receivables, net?
Northrim BanCorp (NRIM) reported specialty finance — purchased receivables, net of $105.03M in Q1 2026.
How has Northrim BanCorp's specialty finance — purchased receivables, net changed year-over-year?
Northrim BanCorp's specialty finance — purchased receivables, net increased by 10.0% year-over-year, from $95.49M to $105.03M.
What does specialty finance — purchased receivables, net mean?
This metric reflects the net book value of receivables purchased by the specialty finance segment from third parties, adjusted for any applicable reserves or allowances. It highlights the segment's involvement in factoring or asset-based lending activities where the bank acquires the right to collect payments. This is a critical measure of the segment's specialized asset acquisition strategy and its exposure to specific credit risks in the purchased portfolio.