Northrim Bancorp (NRIM) Operating Expenses (2010 - 2026)
Northrim Bancorp's (NRIM) quarterly Operating Expenses came in at $32.0 million in Q2 2026, down 1.43% year-over-year from $32.5 million in Q2 2025, and up 4.57% quarter-over-quarter from $30.6 million in Q1 2026.
Analysis
Northrim Bancorp (NRIM) Operating Expenses (2010 - 2026) Analysis & Trends
Northrim Bancorp (NRIM) has reported Operating Expenses for 17 consecutive years, with $32.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 1.43% year-over-year to $32.0 million in Q2 2026; TTM through Jun 2026 was $126.4 million, a 8.23% increase from a year earlier, with the FY2025 full-year figure at $124.4 million, up 18.53% from the prior year.
- Operating Expenses was $32.0 million for Q2 2026 at Northrim Bancorp, up from $30.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $33.4 million in Q4 2025 and troughed at $21.1 million in Q1 2022.
- A 5-year average of $26.4 million and a median of $24.6 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses slipped 3.36% in 2022 and advanced 28.95% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $22.2 million in 2022, then climbed by 7.95% to $24.0 million in 2023, then grew by 22.44% to $29.4 million in 2024, then advanced by 13.78% to $33.4 million in 2025, then retreated by 4.19% to $32.0 million in 2026.
- The last three Operating Expenses figures came in at $32.0 million (Q2 2026), $30.6 million (Q1 2026), and $33.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 1.12 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 1.22 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.55 Bn |
| 10 | Northrim Bancorp | 565.91 Mn | 527.71 Mn | 643,000.00 | 32.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.02 Mn |
| Mar 31, 2026 | 30.62 Mn |
| Dec 31, 2025 | 33.42 Mn |
| Sep 30, 2025 | 30.30 Mn |
| Jun 30, 2025 | 32.49 Mn |
| Mar 31, 2025 | 28.17 Mn |
| Dec 31, 2024 | 29.38 Mn |
| Sep 30, 2024 | 26.73 Mn |
| Jun 30, 2024 | 25.19 Mn |
| Mar 31, 2024 | 23.64 Mn |
| Dec 31, 2023 | 23.99 Mn |
| Sep 30, 2023 | 22.90 Mn |
| Jun 30, 2023 | 23.78 Mn |
| Mar 31, 2023 | 23.51 Mn |
| Dec 31, 2022 | 22.23 Mn |
| Sep 30, 2022 | 22.29 Mn |
| Jun 30, 2022 | 23.24 Mn |
| Mar 31, 2022 | 21.10 Mn |
| Dec 31, 2021 | 23.00 Mn |
| Sep 30, 2021 | 22.53 Mn |