Northrim Bancorp (NRIM) Rent Expense (2010 - 2026)
Northrim Bancorp (NRIM) recorded quarterly Rent Expense of $2.1 million in Q1 2026, up 10.27% quarter-over-quarter from $1.9 million in Q4 2025, and up 11.38% on a YoY basis from $1.9 million in Q1 2025.
Northrim Bancorp (NRIM) Rent Expense (2010 - 2026) Analysis & Trends
Northrim Bancorp's Rent Expense history runs 17 years deep, the most recent figure standing at $2.1 million for Q1 2026.
- In Q1 2026, Rent Expense rose 11.38% year-over-year to $2.1 million; the TTM figure through Mar 2026 stood at $8.0 million (up 6.65% YoY), while the FY2025 annual figure was $7.8 million, up 2.8% from the prior year.
- Rent Expense was $2.1 million for Q1 2026 at Northrim Bancorp, up from $1.9 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $2.1 million in Q2 2025 to a low of $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.
- The sharpest annual moves came in 2022 and 2025: Rent Expense fell 6.47% in 2022, then climbed 14.16% in 2025.
- A 5-year view of Rent Expense shows it stood at $1.7 million in 2022, then advanced by 3.0% to $1.8 million in 2023, then climbed by 6.17% to $1.9 million in 2024, then advanced by 0.79% to $1.9 million in 2025, then climbed by 10.27% to $2.1 million in 2026.
- The last three Rent Expense figures came in at $2.1 million (Q1 2026), $1.9 million (Q4 2025), and $1.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Northrim Bancorp | 573.90 Mn | 538.33 Mn | 188,000.00 | 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 |