Northrim Bancorp (NRIM) Rent Expense (2010 - 2026)
Northrim Bancorp's (NRIM) quarterly Rent Expense came in at $2.1 million in Q1 2026, up 11.38% year-on-year from $1.9 million in Q1 2025, and up 10.27% on a QoQ basis from $1.9 million in Q4 2025.
Northrim Bancorp (NRIM) Rent Expense (2010 - 2026) Analysis & Trends
Northrim Bancorp (NRIM) has 17 years of Rent Expense data on file, last reported at $2.1 million in Q1 2026.
- On a quarterly basis, Rent Expense rose 11.38% year-over-year to $2.1 million in Q1 2026; TTM through Mar 2026 was $8.0 million, a 6.65% increase from a year earlier, with the FY2025 full-year figure at $7.8 million, up 2.8% from the prior year.
- Rent Expense for Q1 2026 stood at $2.1 million, up from $1.9 million in the prior quarter.
- Over the last five years, Rent Expense for NRIM reached as high as $2.1 million in Q2 2025 and fell as low as $1.7 million in Q3 2022.
- Historically, Rent Expense has averaged $1.9 million across 5 years, with a median of $1.9 million in 2025.
- Across the five-year window, Rent Expense slipped 6.47% in 2022 and rose 14.16% in 2025, its largest moves.
- Year by year, Rent Expense stood at $1.7 million in 2022, then climbed by 3.0% to $1.8 million in 2023, then grew by 6.17% to $1.9 million in 2024, then climbed by 0.79% to $1.9 million in 2025, then grew by 10.27% to $2.1 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $2.1 million in Q1 2026, $1.9 million in Q4 2025, and $1.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 634,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 262.00 Mn |
| 10 | Northrim Bancorp | 603.95 Mn | 568.40 Mn | -90,000.00 | 2.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.10 Mn |
| Mar 31, 2026 | 2.10 Mn |
| Dec 31, 2025 | 1.91 Mn |
| Dec 31, 2025 | 1.91 Mn |
| Sep 30, 2025 | 1.92 Mn |
| Sep 30, 2025 | 1.92 Mn |
| Jun 30, 2025 | 2.10 Mn |
| Jun 30, 2025 | 2.10 Mn |
| Mar 31, 2025 | 1.89 Mn |
| Mar 31, 2025 | 1.89 Mn |
| Dec 31, 2024 | 1.89 Mn |
| Dec 31, 2024 | 1.89 Mn |
| Sep 30, 2024 | 1.91 Mn |
| Sep 30, 2024 | 1.91 Mn |
| Jun 30, 2024 | 1.84 Mn |
| Jun 30, 2024 | 1.84 Mn |
| Mar 31, 2024 | 1.96 Mn |
| Mar 31, 2024 | 1.96 Mn |
| Dec 31, 2023 | 1.78 Mn |
| Dec 31, 2023 | 1.78 Mn |