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
DateValue
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