Northrim Bancorp (NRIM) Operating Expenses (2009 - 2026)

For the trailing twelve months through Sep 30, 2026, Operating Expenses at Northrim Bancorp was $129.25 million, up 7.4% year-over-year; for FY2025, it came in at $124.38 million, up 18.5% from FY2024.

• Annual Operating Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 6.9% (FY2020 to FY2025).
• In prior years, Northrim Bancorp's Operating Expenses was $104.94 million in FY2024 (+11.4%), $94.18 million in FY2023 (+6.0%), $88.85 million in FY2022 (-0.4%) and $89.2 million in FY2021 (+0.1%).
• Quarterly Operating Expenses has run from a low of $21.1 million in Q1 2022 to a high of $33.42 million in Q4 2025 over five years.
• On a year-over-year basis, Operating Expenses increased in seven of the last eight quarters, with growth averaging 14.3%.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2025, with growth of 29.0%; the weakest was Q4 2021, with a decline of 4.8%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $32.02 million (Q2 2026), $30.62 million (Q1 2026) and $33.42 million (Q4 2025).