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Northrim BanCorp NRIM Specialty Finance — Total mortgage servicing revenue, net

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Other financials

Income statement

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

Balance sheet

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Cash & equivalents$406.9M-17.3%
Total debt$93.0M+1,215%
Total equity$347.6M+19.8%
Total assets$3.4B+5.3%

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$587.71M+25.5%
P/E8.6×-1.9×
P/S2.7×0.0×

Profitability

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Net margin30.9%+5.8pp
FCF margin67.2%

Returns & leverage

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

Where this comes from

Reported directly by Northrim BanCorp in its filing.

Tagged under the XBRL concept nrim:InterestAndFeeIncomeLoansMortgageServicingNet.

The source filing: Northrim BanCorp’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 2:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001163370-26-000021
(In Thousands)Community BankingHome Mortgage LendingSpecialty FinanceConsolidated
Change in fair value of mortgage servicing rights:
Due to changes in model inputs of assumptions463463
Other(590)(590)
Total mortgage servicing revenue, net2,5402,540
Other mortgage banking revenue204204
Total mortgage banking revenue6,4616,461
Purchased receivable income6,1326,132
Other operating income2,416(130)2,286

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Northrim BanCorp's specialty finance — total mortgage servicing revenue, net?
Northrim BanCorp (NRIM) reported specialty finance — total mortgage servicing revenue, net of $0 in Q1 2026.
What does specialty finance — total mortgage servicing revenue, net mean?
Measures the net income generated from servicing mortgage loans for third-party investors, including fees collected for administrative tasks and collections. It reflects the profitability of the servicing portfolio after accounting for related costs and fair value adjustments.

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