Northrim BanCorp, Inc.
NRIM · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $195,960 | $158,326 | $134,405 | $136,869 |
| % Growth | 23.8% | 17.8% | -1.8% | – |
| Cost of Goods Sold | $44,029 | $32,537 | $7,059 | -$320 |
| Gross Profit | $151,931 | $125,789 | $127,346 | $137,189 |
| % Margin | 77.5% | 79.4% | 94.7% | 100.2% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $70,808 | $64,260 | $60,226 | $62,005 |
| SG&A Expenses | $73,836 | $67,189 | $62,973 | $64,746 |
| Sales & Mktg Exp. | $3,028 | $2,929 | $2,747 | $2,741 |
| Other Operating Expenses | $31,101 | $26,992 | $25,879 | $24,450 |
| Operating Expenses | $104,937 | $94,181 | $88,852 | $89,196 |
| Operating Income | $46,994 | $31,608 | $38,494 | $47,993 |
| % Margin | 24% | 20% | 28.6% | 35.1% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $46,994 | $31,608 | $38,494 | $47,993 |
| Tax Expense | $10,023 | $6,214 | $7,753 | $10,476 |
| Net Income | $36,971 | $25,394 | $30,741 | $37,517 |
| % Margin | 18.9% | 16% | 22.9% | 27.4% |
| EPS | 1.68 | 1.133 | 1.333 | 1.518 |
| % Growth | 48.3% | -15% | -12.2% | – |
| EPS Diluted | 1.66 | 1.123 | 1.318 | 1.5 |
| Weighted Avg Shares Out | 22,024 | 22,404 | 23,060 | 24,724 |
| Weighted Avg Shares Out Dil | 22,336 | 22,644 | 23,316 | 24,996 |
| Supplemental Information | – | – | – | – |
| Interest Income | $152,729 | $130,982 | $99,640 | $84,064 |
| Interest Expense | $40,736 | $28,695 | $5,213 | $3,779 |
| Depreciation & Amortization | $3,610 | $3,311 | $3,164 | $4,474 |
| EBITDA | $50,604 | $34,919 | $41,658 | $52,467 |
| % Margin | 25.8% | 22.1% | 31% | 38.3% |