Northrim BanCorp Past Earnings Performance
Past criteria checks 5/6
Northrim BanCorp has been growing earnings at an average annual rate of 3.2%, while the Banks industry saw earnings growing at 17.4% annually. Revenues have been growing at an average rate of 3.5% per year. Northrim BanCorp's return on equity is 12.6%, and it has net margins of 23.1%.
Key information
3.2%
Earnings growth rate
7.0%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 3.5% |
| Return on equity | 12.6% |
| Net Margin | 23.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Northrim BanCorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 142 | 33 | 89 | 0 |
| 30 Jun 24 | 136 | 32 | 87 | 0 |
| 31 Mar 24 | 130 | 29 | 85 | 0 |
| 31 Dec 23 | 126 | 25 | 85 | 0 |
| 30 Sep 23 | 126 | 27 | 83 | 0 |
| 30 Jun 23 | 128 | 29 | 82 | 0 |
| 31 Mar 23 | 127 | 28 | 82 | 0 |
| 31 Dec 22 | 125 | 31 | 80 | 0 |
| 30 Sep 22 | 126 | 30 | 81 | 0 |
| 30 Jun 22 | 124 | 29 | 82 | 0 |
| 31 Mar 22 | 129 | 33 | 81 | 0 |
| 31 Dec 21 | 137 | 38 | 82 | 0 |
| 30 Sep 21 | 142 | 40 | 83 | 0 |
| 30 Jun 21 | 148 | 42 | 83 | 0 |
| 31 Mar 21 | 148 | 44 | 83 | 0 |
| 31 Dec 20 | 132 | 33 | 81 | 0 |
| 30 Sep 20 | 120 | 27 | 77 | 0 |
| 30 Jun 20 | 110 | 23 | 74 | 0 |
| 31 Mar 20 | 100 | 17 | 71 | 0 |
| 31 Dec 19 | 103 | 21 | 70 | 0 |
| 30 Sep 19 | 102 | 21 | 67 | 0 |
| 30 Jun 19 | 97 | 19 | 65 | 0 |
| 31 Mar 19 | 95 | 20 | 62 | 0 |
| 31 Dec 18 | 93 | 20 | 62 | 0 |
| 30 Sep 18 | 87 | 15 | 61 | 0 |
| 30 Jun 18 | 90 | 16 | 60 | 0 |
| 31 Mar 18 | 90 | 13 | 62 | 0 |
| 31 Dec 17 | 91 | 13 | 62 | 0 |
| 30 Sep 17 | 96 | 17 | 62 | 0 |
| 30 Jun 17 | 95 | 14 | 63 | 0 |
| 31 Mar 17 | 97 | 15 | 63 | 0 |
| 31 Dec 16 | 97 | 14 | 63 | 0 |
| 30 Sep 16 | 98 | 15 | 63 | 0 |
| 30 Jun 16 | 98 | 17 | 62 | 0 |
| 31 Mar 16 | 98 | 18 | 61 | 0 |
| 31 Dec 15 | 100 | 18 | 60 | 0 |
| 30 Sep 15 | 98 | 20 | 56 | 0 |
| 30 Jun 15 | 90 | 19 | 51 | 0 |
| 31 Mar 15 | 83 | 18 | 45 | 0 |
| 31 Dec 14 | 74 | 17 | 40 | 0 |
| 30 Sep 14 | 64 | 13 | 36 | 0 |
| 30 Jun 14 | 61 | 13 | 35 | 0 |
| 31 Mar 14 | 57 | 12 | 33 | 0 |
| 31 Dec 13 | 58 | 12 | 33 | 0 |
Quality Earnings: NRI has high quality earnings.
Growing Profit Margin: NRI's current net profit margins (23.1%) are higher than last year (21.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NRI's earnings have grown by 3.2% per year over the past 5 years.
Accelerating Growth: NRI's earnings growth over the past year (19.3%) exceeds its 5-year average (3.2% per year).
Earnings vs Industry: NRI earnings growth over the past year (19.3%) exceeded the Banks industry 13%.
Return on Equity
High ROE: NRI's Return on Equity (12.6%) is considered low.