Northrim Historical Income Statement

NRIM Stock  USD 77.06  2.75  3.45%   
Historical analysis of Northrim BanCorp income statement accounts such as Ebitda of 16.1 K can show how well Northrim BanCorp performed in making a profits. Evaluating Northrim BanCorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Northrim BanCorp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Northrim BanCorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Northrim BanCorp is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim BanCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.

About Northrim Income Statement Analysis

Northrim BanCorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Northrim BanCorp shareholders. The income statement also shows Northrim investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Northrim BanCorp Income Statement Chart

At this time, Northrim BanCorp's Gross Profit is very stable compared to the past year. As of the 28th of December 2024, Total Other Income Expense Net is likely to grow to about 5.5 M, though EBIT is likely to grow to (4.2 M).

Total Revenue

Total revenue comprises all receipts Northrim BanCorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most accounts from Northrim BanCorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Northrim BanCorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim BanCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.At this time, Northrim BanCorp's Gross Profit is very stable compared to the past year. As of the 28th of December 2024, Total Other Income Expense Net is likely to grow to about 5.5 M, though EBIT is likely to grow to (4.2 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization4.5M4.3M4.5M4.7M
Income Tax Expense10.5M7.8M6.2M5.3M

Northrim BanCorp income statement Correlations

0.370.05-0.62-0.540.730.39-0.040.620.490.170.190.510.120.36-0.290.34-0.94-0.420.680.740.00.54
0.37-0.54-0.62-0.660.51-0.44-0.38-0.41-0.08-0.03-0.28-0.14-0.550.530.03-0.57-0.41-0.6-0.22-0.120.53-0.18
0.05-0.540.730.8-0.380.890.830.530.770.80.880.830.95-0.23-0.710.80.070.180.50.41-0.580.54
-0.62-0.620.730.99-0.80.450.68-0.030.310.510.570.320.66-0.36-0.390.40.670.38-0.13-0.22-0.370.08
-0.54-0.660.80.99-0.770.540.710.090.380.540.620.40.73-0.37-0.430.490.610.39-0.03-0.12-0.430.16
0.730.51-0.38-0.8-0.77-0.14-0.280.21-0.06-0.16-0.28-0.01-0.330.20.04-0.14-0.76-0.230.270.350.22-0.01
0.39-0.440.890.450.54-0.140.640.740.880.670.840.910.93-0.01-0.690.94-0.26-0.040.70.64-0.540.8
-0.04-0.380.830.680.71-0.280.640.330.620.760.750.660.8-0.3-0.590.540.130.490.230.19-0.30.17
0.62-0.410.53-0.030.090.210.740.330.560.270.450.630.6-0.11-0.340.76-0.520.090.820.78-0.490.65
0.49-0.080.770.310.38-0.060.880.620.560.740.870.980.80.17-0.620.79-0.37-0.250.630.6-0.340.78
0.17-0.030.80.510.54-0.160.670.760.270.740.90.780.780.02-0.770.530.04-0.10.440.44-0.220.38
0.19-0.280.880.570.62-0.280.840.750.450.870.90.890.92-0.02-0.650.790.04-0.080.590.56-0.310.62
0.51-0.140.830.320.4-0.010.910.660.630.980.780.890.830.09-0.690.81-0.38-0.20.670.63-0.390.75
0.12-0.550.950.660.73-0.330.930.80.60.80.780.920.83-0.14-0.650.90.060.160.590.53-0.480.63
0.360.53-0.23-0.36-0.370.2-0.01-0.3-0.110.170.02-0.020.09-0.14-0.15-0.06-0.3-0.570.10.160.280.33
-0.290.03-0.71-0.39-0.430.04-0.69-0.59-0.34-0.62-0.77-0.65-0.69-0.65-0.15-0.450.180.15-0.32-0.310.16-0.4
0.34-0.570.80.40.49-0.140.940.540.760.790.530.790.810.9-0.06-0.45-0.190.030.760.7-0.560.82
-0.94-0.410.070.670.61-0.76-0.260.13-0.52-0.370.040.04-0.380.06-0.30.18-0.190.38-0.49-0.520.06-0.41
-0.42-0.60.180.380.39-0.23-0.040.490.09-0.25-0.1-0.08-0.20.16-0.570.150.030.38-0.2-0.25-0.17-0.44
0.68-0.220.5-0.13-0.030.270.70.230.820.630.440.590.670.590.1-0.320.76-0.49-0.20.99-0.470.75
0.74-0.120.41-0.22-0.120.350.640.190.780.60.440.560.630.530.16-0.310.7-0.52-0.250.99-0.330.72
0.00.53-0.58-0.37-0.430.22-0.54-0.3-0.49-0.34-0.22-0.31-0.39-0.480.280.16-0.560.06-0.17-0.47-0.33-0.39
0.54-0.180.540.080.16-0.010.80.170.650.780.380.620.750.630.33-0.40.82-0.41-0.440.750.72-0.39
Click cells to compare fundamentals

Northrim BanCorp Account Relationship Matchups

Northrim BanCorp income statement Accounts

201920202021202220232024 (projected)
Interest Expense5.6M6.1M3.8M5.2M28.7M30.1M
Other Operating Expenses75.7M(91.5M)(85.1M)(81.2M)85.0M89.3M
Operating Income26.1M42.4M48.0M48.0M26.4M25.5M
Ebit26.1M42.4M48.0M38.5M(4.4M)(4.2M)
Ebitda26.2M46.7M52.5M42.8M17K16.2K
Total Operating Expenses(75.7M)(91.5M)(85.1M)(81.2M)85.0M89.3M
Net Income20.7M32.9M37.5M30.7M25.4M26.7M
Income Tax Expense5.4M9.6M10.5M7.8M6.2M5.3M
Depreciation And Amortization60K4.3M4.5M4.3M4.5M4.7M
Selling General Administrative59.0M70.0M70.6M60.2M64.3M67.5M
Selling And Marketing Expenses2.4M2.3M2.7M2.7M2.9M1.7M
Total Revenue101.8M134.0M133.1M129.2M125.8M62.9M
Gross Profit101.8M134.0M133.1M129.2M125.8M132.1M
Income Before Tax26.1M42.4M48.0M38.5M31.6M20.1M
Total Other Income Expense Net26.1M(8.2M)(7.6M)(7.1M)5.2M5.5M
Net Income Applicable To Common Shares20.7M32.9M37.5M30.7M35.4M37.1M
Net Income From Continuing Ops20.7M32.9M37.5M30.7M27.4M23.0M
Tax Provision5.4M9.6M10.5M7.8M5.8M6.1M
Net Interest Income64.0M70.7M80.8M95.1M102.9M78.9M
Interest Income69.6M76.7M84.6M100.3M124.9M85.4M
Reconciled Depreciation4.1M4.3M37K25K4.4M2.3M

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When determining whether Northrim BanCorp is a strong investment it is important to analyze Northrim BanCorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northrim BanCorp's future performance. For an informed investment choice regarding Northrim Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim BanCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrim BanCorp. If investors know Northrim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrim BanCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.061
Dividend Share
2.46
Earnings Share
5.86
Revenue Per Share
25.726
Quarterly Revenue Growth
0.157
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.