Northrim Bancorp (NRIM) Rent Expense (2010 - 2026)
Northrim Bancorp (NRIM) posted quarterly Rent Expense of $1.8 million for Q2 2026, down 13.26% year-over-year from $2.1 million in Q2 2025, and down 13.26% on a QoQ basis from $2.1 million in Q1 2026.
Northrim Bancorp (NRIM) Rent Expense (2010 - 2026) Analysis & Trends
Northrim Bancorp has reported Rent Expense for 17 years, with the latest figure at $1.8 million in Q2 2026.
- Rent Expense for Q2 2026 came in at $1.8 million, down 13.26% year-over-year; the trailing twelve-month figure through Jun 2026 was $7.8 million (down 0.5% YoY), and the FY2025 annual result was $7.8 million, up 2.8% from the prior year.
- Rent Expense retreated to $1.8 million in Q2 2026, from $2.1 million in the prior quarter.
- Over five years, Rent Expense peaked at $2.1 million in Q2 2025 and troughed at $1.7 million in Q3 2022.
- A 5-year average of $1.9 million and a median of $1.9 million in 2023 frame the typical range for Rent Expense.
- The widest annual swing landed in 2025, when Rent Expense rose 14.16%; it then fell 13.26% in 2026.
- A 5-year view of Rent Expense shows it stood at $1.7 million in 2022, then gained by 3.0% to $1.8 million in 2023, then advanced by 6.17% to $1.9 million in 2024, then gained by 0.79% to $1.9 million in 2025, then fell by 4.35% to $1.8 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $1.8 million in Q2 2026, $2.1 million in Q1 2026, and $1.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Northrim Bancorp | 572.58 Mn | 534.39 Mn | 643,000.00 | 1.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.83 Mn |
| Jun 30, 2026 | 1.83 Mn |
| 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 |