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Northrim BanCorp NRIM OREO expense, net rental income and gains on sale

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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 nrim:OtherRealEstateOwnedExpenseIncomeNetRentalIncomeAndGainsOnSale.

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 OREO expense, net rental income and gains on sale?
Northrim BanCorp (NRIM) reported OREO expense, net rental income and gains on sale of $12K in Q1 2026.
How has Northrim BanCorp's OREO expense, net rental income and gains on sale changed year-over-year?
Northrim BanCorp's OREO expense, net rental income and gains on sale increased by 300.0% year-over-year, from $3K to $12K.
What is the long-term trend for Northrim BanCorp's OREO expense, net rental income and gains on sale?
Over 4 years (2021 to 2025), Northrim BanCorp's OREO expense, net rental income and gains on sale has grown at a -60.1% compound annual growth rate (CAGR), from -$432K to -$11K.
What does OREO expense, net rental income and gains on sale mean?
This reflects the net financial impact of managing and disposing of foreclosed properties, including maintenance costs, rental income, and gains or losses on final sale. It serves as an indicator of the bank's credit quality and the efficiency of its asset recovery process.