Northrim Bancorp (NRIM) Gross Margin: 2017-2024
Historic Gross Margin for Northrim Bancorp (NRIM) over the last 8 years, with Sep 2024 value amounting to 28.09%.
- Northrim Bancorp's Gross Margin fell 2308.00% to 28.09% in Q3 2024 from the same period last year, while for Sep 2024 it was 28.05%, marking a year-over-year increase of 466.00%. This contributed to the annual value of 24.16% for FY2023, which is 154.00% down from last year.
- Latest data reveals that Northrim Bancorp reported Gross Margin of 28.09% as of Q3 2024, which was down 25.20% from 37.56% recorded in Q2 2024.
- Northrim Bancorp's Gross Margin's 5-year high stood at 60.78% during Q3 2020, with a 5-year trough of -26.91% in Q4 2021.
- In the last 3 years, Northrim Bancorp's Gross Margin had a median value of 37.56% in 2024 and averaged 28.27%.
- Per our database at Business Quant, Northrim Bancorp's Gross Margin crashed by 4,708bps in 2020 and then surged by 3,218bps in 2024.
- Over the past 5 years, Northrim Bancorp's Gross Margin (Quarterly) stood at 0.54% in 2020, then plummeted by 2,744bps to -26.91% in 2021, then surged by 2,588bps to -1.03% in 2022, then surged by 240bps to 1.37% in 2023, then tumbled by 2,308bps to 28.09% in 2024.
- Its Gross Margin stands at 28.09% for Q3 2024, versus 37.56% for Q2 2024 and 44.06% for Q1 2024.