Northrim BanCorp (NRIM) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

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

Date	Revenue	Change
2023-12-31	$158.09M	22.37%
2022-12-31	$129.19M	-2.93%
2021-12-31	$133.09M	-0.67%
2020-12-31	$133.99M	31.64%
2019-12-31	$101.79M	9.01%
2018-12-31	$93.38M	-0.35%
2017-12-31	$93.71M	-5.94%
2016-12-31	$99.62M	-1.87%
2015-12-31	$101.52M	48.35%
2014-12-31	$68.43M	22.87%
2013-12-31	$55.69M	2.53%
2012-12-31	$54.32M	0.12%
2011-12-31	$54.25M	-1.70%
2010-12-31	$55.19M	-4.20%
2009-12-31	$57.61M	0.69%
2008-12-31	$57.21M	-4.09%
2007-12-31	$59.65M	8.10%
2006-12-31	$55.18M	13.21%
2005-12-31	$48.74M	8.16%
2004-12-31	$45.06M	-0.65%
2003-12-31	$45.36M	13.76%
2002-12-31	$39.87M	10.39%
2001-12-31	$36.12M	13.91%
2000-12-31	$31.70M	19.94%
1999-12-31	$26.43M	34.87%
1998-12-31	$19.60M	20.25%
1997-12-31	$16.30M	25.38%
1996-12-31	$13.00M	13.04%
1995-12-31	$11.50M	19.79%
1994-12-31	$9.60M	33.33%
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

Date	Revenue	Change
2024-09-30	$39.42M	-14.66%
2024-06-30	$46.19M	6.85%
2024-03-31	$43.22M	20.30%
2023-12-31	$35.93M	4.59%
2023-09-30	$34.35M	6.94%
2023-06-30	$32.12M	7.29%
2023-03-31	$29.94M	-12.10%
2022-12-31	$34.06M	-2.63%
2022-09-30	$34.98M	16.54%
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	$39.92M	14.09%
2020-06-30	$34.99M	58.17%
2020-03-31	$22.12M	-15.38%
2019-12-31	$26.14M	-2.50%
2019-09-30	$26.82M	5.05%
2019-06-30	$25.53M	9.54%
2019-03-31	$23.30M	-2.32%
2018-12-31	$23.86M	-2.60%
2018-09-30	$24.49M	5.10%
2018-06-30	$23.30M	7.26%
2018-03-31	$21.73M	-4.02%
2017-12-31	$22.63M	-6.73%
2017-09-30	$24.27M	1.28%
2017-06-30	$23.96M	5.42%
2017-03-31	$22.73M	-6.27%
2016-12-31	$24.25M	-7.26%
2016-09-30	$26.15M	0.79%
2016-06-30	$25.94M	11.44%
2016-03-31	$23.28M	-4.08%
2015-12-31	$24.27M	-9.64%
2015-09-30	$26.86M	5.21%
2015-06-30	$25.53M	6.61%
2015-03-31	$23.95M	21.01%
2014-12-31	$19.79M	17.12%
2014-09-30	$16.90M	-0.31%
2014-06-30	$16.95M	21.95%
2014-03-31	$13.90M	-0.83%
2013-12-31	$14.01M	2.13%
2013-09-30	$13.72M	-1.31%
2013-06-30	$13.90M	4.74%
2013-03-31	$13.28M	-1.35%
2012-12-31	$13.46M	-2.40%
2012-09-30	$13.79M	-0.21%
2012-06-30	$13.82M	4.19%
2012-03-31	$13.26M	-5.22%
2011-12-31	$13.99M	4.69%
2011-09-30	$13.36M	-0.16%
2011-06-30	$13.39M	-0.93%
2011-03-31	$13.51M	16.28%
2010-12-31	$11.62M	-21.52%
2010-09-30	$14.81M	0.66%
2010-06-30	$14.71M	3.34%
2010-03-31	$14.23M	-1.41%
2009-12-31	$14.44M	-1.98%
2009-09-30	$14.73M	1.03%
2009-06-30	$14.58M	4.33%
2009-03-31	$13.97M	-1.73%
2008-12-31	$14.22M	0.97%
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/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
UBSI	United Bankshares	$1.50B	$409.75M
PPBI	Pacific Premier Bancorp	$887.99M	$161.66M
SASR	Sandy Spring Bancorp	$704.60M	$170.10M
PFS	Provident Financial Services	$695.65M	$279.55M
EGBN	Eagle Bancorp	$646.86M	$180.76M
PEBO	Peoples Bancorp	$526.82M	$158.41M
FMBH	First Mid Bancshares	$386.95M	$44.35M
CFFN	Capitol Federal Financial	$376.84M	$99.70M
CTBI	Community Trust Ban	$327.31M	$95.38M
MBWM	Mercantile Bank	$303.50M	$93.08M
BWFG	Bankwell Financial Group	$193.30M	$46.36M
HBCP	Home Bancorp	$178.87M	$51.02M
MRBK	Meridian	$168.27M	$50.31M
CBAN	Colony Bankcorp	$160.55M	$44.69M
NRIM	Northrim BanCorp	$158.09M	$39.42M
FIBK	First Interstate BancSystem	$147.00M	$46.40M
CHMG	Chemung Financial	$137.52M	$21.28M
OVLY	Oak Valley Bancorp	$87.34M	$19.50M
OPOF	Old Point Financial	$80.28M	$21.99M
ECBK	ECB Bancorp	$55.83M	$9.81M
FCCO	First Community	$10.42M	$26.72M

NRIM Revenue FAQ

What is Northrim BanCorp’s yearly revenue?

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.

What is Northrim BanCorp’s quarterly revenue?

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).

What is Northrim BanCorp’s revenue growth rate?

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%.

What are Northrim BanCorp’s revenue streams?

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.

What is Northrim BanCorp’s main source of revenue?

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.