Northrim Bancorp (NRIM) Non Operating Interest Expenses (2010 - 2024)
Northrim Bancorp's (NRIM) quarterly Non Operating Interest Expenses came in at $9.4 million in Q1 2024, up 96.54% year-over-year from $4.8 million in Q2 2023, and up 1.79% quarter-over-quarter from $9.2 million in Q4 2023.
Analysis
Northrim Bancorp (NRIM) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Northrim Bancorp (NRIM) has reported Non Operating Interest Expenses for 15 consecutive years, with $9.4 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 96.54% year-over-year to $9.4 million in Q1 2024; TTM through Mar 2024 was $33.3 million, a 261.02% increase from a year earlier, with the FY2023 full-year figure at $28.7 million, up 450.45% from the prior year.
- Non Operating Interest Expenses was $9.4 million for Q1 2024 at Northrim Bancorp, up from $9.2 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $9.4 million in Q1 2024 and troughed at $754000.0 in Q1 2022.
- A 5-year average of $3.1 million and a median of $1.5 million in 2020 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses sank 43.54% in 2021 and surged 756.15% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $1.4 million in 2020, then slumped by 43.54% to $765000.0 in 2021, then soared by 217.78% to $2.4 million in 2022, then soared by 278.28% to $9.2 million in 2023, then advanced by 1.79% to $9.4 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $9.4 million (Q1 2024), $9.2 million (Q4 2023), and $8.1 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 224.00 Mn |
| 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 | - |
| 10 | Northrim Bancorp | 565.91 Mn | 527.71 Mn | 643,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 9.36 Mn |
| Dec 31, 2023 | 9.20 Mn |
| Sep 30, 2023 | 8.06 Mn |
| Jun 30, 2023 | 6.68 Mn |
| Mar 31, 2023 | 4.76 Mn |
| Dec 31, 2022 | 2.43 Mn |
| Sep 30, 2022 | 1.25 Mn |
| Jun 30, 2022 | 780,000.00 |
| Mar 31, 2022 | 754,000.00 |
| Dec 31, 2021 | 765,000.00 |
| Sep 30, 2021 | 850,000.00 |
| Jun 30, 2021 | 1.06 Mn |
| Mar 31, 2021 | 1.10 Mn |
| Dec 31, 2020 | 1.36 Mn |
| Sep 30, 2020 | 1.50 Mn |
| Jun 30, 2020 | 1.55 Mn |
| Mar 31, 2020 | 1.65 Mn |
| Dec 31, 2019 | 1.65 Mn |
| Sep 30, 2019 | 1.53 Mn |
| Jun 30, 2019 | 1.35 Mn |