Northrim BanCorp (NRIM) Revenue & Revenue Breakdown


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Northrim BanCorp Revenue Highlights


Latest Revenue (Y)

$158.09M

Latest Revenue (Q)

$39.42M

Main Segment (Y)

Credit and Debit Card

Northrim BanCorp Revenue by Period


Northrim BanCorp Revenue by Year

DateRevenueChange
2023-12-31$158.09M22.37%
2022-12-31$129.19M-2.93%
2021-12-31$133.09M-0.67%
2020-12-31$133.99M31.64%
2019-12-31$101.79M9.01%
2018-12-31$93.38M-0.35%
2017-12-31$93.71M-5.94%
2016-12-31$99.62M-1.87%
2015-12-31$101.52M48.35%
2014-12-31$68.43M22.87%
2013-12-31$55.69M2.53%
2012-12-31$54.32M0.12%
2011-12-31$54.25M-1.70%
2010-12-31$55.19M-4.20%
2009-12-31$57.61M0.69%
2008-12-31$57.21M-4.09%
2007-12-31$59.65M8.10%
2006-12-31$55.18M13.21%
2005-12-31$48.74M8.16%
2004-12-31$45.06M-0.65%
2003-12-31$45.36M13.76%
2002-12-31$39.87M10.39%
2001-12-31$36.12M13.91%
2000-12-31$31.70M19.94%
1999-12-31$26.43M34.87%
1998-12-31$19.60M20.25%
1997-12-31$16.30M25.38%
1996-12-31$13.00M13.04%
1995-12-31$11.50M19.79%
1994-12-31$9.60M33.33%
1993-12-31$7.20M-

Northrim BanCorp generated $158.09M in revenue during NA 2023, up 22.37% compared to the previous quarter, and up 169.31% compared to the same period a year ago.

Northrim BanCorp Revenue by Quarter

DateRevenueChange
2024-09-30$39.42M-14.66%
2024-06-30$46.19M6.85%
2024-03-31$43.22M20.30%
2023-12-31$35.93M4.59%
2023-09-30$34.35M6.94%
2023-06-30$32.12M7.29%
2023-03-31$29.94M-12.10%
2022-12-31$34.06M-2.63%
2022-09-30$34.98M16.54%
2022-06-30$30.02M-0.36%
2022-03-31$30.13M-3.71%
2021-12-31$31.29M-5.45%
2021-09-30$33.09M-0.70%
2021-06-30$33.32M-5.84%
2021-03-31$35.39M-4.24%
2020-12-31$36.96M-7.43%
2020-09-30$39.92M14.09%
2020-06-30$34.99M58.17%
2020-03-31$22.12M-15.38%
2019-12-31$26.14M-2.50%
2019-09-30$26.82M5.05%
2019-06-30$25.53M9.54%
2019-03-31$23.30M-2.32%
2018-12-31$23.86M-2.60%
2018-09-30$24.49M5.10%
2018-06-30$23.30M7.26%
2018-03-31$21.73M-4.02%
2017-12-31$22.63M-6.73%
2017-09-30$24.27M1.28%
2017-06-30$23.96M5.42%
2017-03-31$22.73M-6.27%
2016-12-31$24.25M-7.26%
2016-09-30$26.15M0.79%
2016-06-30$25.94M11.44%
2016-03-31$23.28M-4.08%
2015-12-31$24.27M-9.64%
2015-09-30$26.86M5.21%
2015-06-30$25.53M6.61%
2015-03-31$23.95M21.01%
2014-12-31$19.79M17.12%
2014-09-30$16.90M-0.31%
2014-06-30$16.95M21.95%
2014-03-31$13.90M-0.83%
2013-12-31$14.01M2.13%
2013-09-30$13.72M-1.31%
2013-06-30$13.90M4.74%
2013-03-31$13.28M-1.35%
2012-12-31$13.46M-2.40%
2012-09-30$13.79M-0.21%
2012-06-30$13.82M4.19%
2012-03-31$13.26M-5.22%
2011-12-31$13.99M4.69%
2011-09-30$13.36M-0.16%
2011-06-30$13.39M-0.93%
2011-03-31$13.51M16.28%
2010-12-31$11.62M-21.52%
2010-09-30$14.81M0.66%
2010-06-30$14.71M3.34%
2010-03-31$14.23M-1.41%
2009-12-31$14.44M-1.98%
2009-09-30$14.73M1.03%
2009-06-30$14.58M4.33%
2009-03-31$13.97M-1.73%
2008-12-31$14.22M0.97%
2008-09-30$14.09M-1.43%
2008-06-30$14.29M-2.24%
2008-03-31$14.62M-6.50%
2007-12-31$15.63M-

Northrim BanCorp generated $39.42M in revenue during Q3 2024, up -14.66% compared to the previous quarter, and up 122.71% compared to the same period a year ago.

Northrim BanCorp Revenue Breakdown


Northrim BanCorp Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Deposit Account$2.04M$1.61M$1.30M$1.10M$1.56M
Credit and Debit Card$3.86M$3.70M$3.39M$2.84M$2.98M
Bankcard Fees, Service Charges On Deposit Accounts And Other--$6.49M$5.47M$6.20M
Products and Services, Merchant Fees--$560.00K--
Products and Services, Commissions--$417.00K--
Product and Service, Other--$826.00K$1.53M$1.66M

Northrim BanCorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Credit and Debit Card (65.39%), and Deposit Account (34.61%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Deposit Account$605.00K$572.00K$549.00K$532.00K$550.00K$505.00K$457.00K$403.00K$432.00K$402.00K$374.00K$354.00K$345.00K$308.00K$290.00K$300.00K$269.00K$171.00K$362.00K$333.00K
Credit and Debit Card$1.20M$1.10M$917.00K$946.00K$1.02M$986.00K$908.00K$974.00K$992.00K$927.00K$804.00K$892.00K$878.00K$879.00K$740.00K$743.00K$770.00K$681.00K$643.00K$762.00K
Gains On Sale Of Other Real Estate Owned-------------$157.00K$31.00K$100.00K$38.00K$37.00K--
Bankcard Fees, Service Charges On Deposit Accounts And Other-------------$1.65M$1.40M$1.45M$1.43M$1.27M$1.32M$1.51M
Product and Service, Other-------------$460.00K$370.00K$405.00K$389.00K$421.00K$313.00K$415.00K

Northrim BanCorp's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Credit and Debit Card (66.41%), and Deposit Account (33.59%).

Northrim BanCorp Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
UBSIUnited Bankshares$1.50B$399.46M
PPBIPacific Premier Bancorp$887.99M$161.66M
SASRSandy Spring Bancorp$704.60M$184.70M
PFSProvident Financial Services$695.65M$270.09M
EGBNEagle Bancorp$646.86M$175.06M
PEBOPeoples Bancorp$526.82M$158.41M
FMBHFirst Mid Bancshares$386.95M$111.11M
CTBICommunity Trust Ban$327.31M$92.36M
MBWMMercantile Bank$303.50M$93.08M
BWFGBankwell Financial Group$193.30M$48.55M
HBCPHome Bancorp$178.87M$51.02M
MRBKMeridian$168.27M$47.62M
CBANColony Bankcorp$160.55M$42.83M
NRIMNorthrim BanCorp$158.09M$39.42M
FIBKFirst Interstate BancSystem$147.00M$242.30M
CHMGChemung Financial$137.52M$36.97M
OVLYOak Valley Bancorp$87.34M$18.76M
OPOFOld Point Financial$80.28M$21.59M
ECBKECB Bancorp$55.83M$16.68M
FCCOFirst Community$10.42M$25.48M
CFFNCapitol Federal Financial$-184.80M$99.70M

NRIM Revenue FAQ


Northrim BanCorp's yearly revenue for 2023 was $158.09M, representing an increase of 22.37% compared to 2022. The company's yearly revenue for 2022 was $129.19M, representing a decrease of -2.93% compared to 2021. NRIM's yearly revenue for 2021 was $133.09M, representing a decrease of -0.67% compared to 2020.

Northrim BanCorp's quarterly revenue for Q3 2024 was $39.42M, a -14.66% decrease from the previous quarter (Q2 2024), and a 14.74% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $46.18M, a 6.85% increase from the previous quarter (Q1 2024), and a 43.78% increase year-over-year (Q2 2023). NRIM's quarterly revenue for Q1 2024 was $43.22M, a 20.30% increase from the previous quarter (Q4 2023), and a 44.37% increase year-over-year (Q1 2023).

Northrim BanCorp's revenue growth rate for the last 3 years (2021-2023) was 18.78%, and for the last 5 years (2019-2023) was 55.31%.

Northrim BanCorp's revenue streams in c 23 are Deposit Account, and Credit and Debit Card. Deposit Account generated $2.04M in revenue, accounting 34.61% of the company's total revenue, up 26.88% year-over-year. Credit and Debit Card generated $3.86M in revenue, accounting 65.39% of the company's total revenue, up 4.46% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Northrim BanCorp was Credit and Debit Card. This segment made a revenue of $3.86M, representing 65.39% of the company's total revenue.