Northrim Bancorp (NRIM) Gross Margin (2017 - 2026)
Northrim Bancorp's (NRIM) quarterly Gross Margin came in at 48.38% in Q2 2026, up 3876.0% year-over-year from 1.22% in Q2 2025, and up 180.26% quarter-over-quarter from 17.26% in Q1 2026.
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Northrim Bancorp (NRIM) Gross Margin (2017 - 2026) Analysis & Trends
Northrim Bancorp (NRIM) has reported Gross Margin for 10 consecutive years, with 48.38% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 3876.0% year-over-year to 48.38% in Q2 2026; TTM through Jun 2026 was 26.0%, a 342.0% increase from a year earlier, with the FY2025 full-year figure at 20.26%, down 1039.0% from the prior year.
- Gross Margin was 48.38% for Q2 2026 at Northrim Bancorp, up from 17.26% in the prior quarter.
- Over five years, Gross Margin peaked at 58.67% in Q3 2025 and troughed at 23.54% in Q4 2025.
- A 5-year average of 26.38% and a median of 32.76% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 3948 bps in 2025 and jumped 3876 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 1.03% in 2022, then soared by 234 bps to 1.37% in 2023, then surged by 1060 bps to 15.94% in 2024, then plunged by 248 bps to 23.54% in 2025, then soared by 305 bps to 48.38% in 2026.
- The last three Gross Margin figures came in at 48.38% (Q2 2026), 17.26% (Q1 2026), and 23.54% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | - |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | - |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | - |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | - |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | - |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 39.19% |
| 10 | Northrim Bancorp | 565.91 Mn | 527.71 Mn | 643,000.00 | 48.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.38% |
| Mar 31, 2026 | 17.26% |
| Dec 31, 2025 | -23.54% |
| Sep 30, 2025 | 58.67% |
| Jun 30, 2025 | 9.63% |
| Mar 31, 2025 | 37.43% |
| Dec 31, 2024 | 15.94% |
| Sep 30, 2024 | 28.09% |
| Jun 30, 2024 | 37.56% |
| Mar 31, 2024 | 44.06% |
| Dec 31, 2023 | 1.37% |
| Sep 30, 2023 | 51.17% |
| Jun 30, 2023 | 5.38% |
| Mar 31, 2023 | 37.89% |
| Dec 31, 2022 | -1.03% |
| Sep 30, 2022 | 47.18% |
| Jun 30, 2022 | 12.19% |
| Mar 31, 2022 | 47.14% |
| Dec 31, 2021 | -26.91% |
| Sep 30, 2021 | 39.29% |