Northrim Bancorp (NRIM) Rent Expense (2010 - 2026)
Northrim Bancorp's (NRIM) quarterly Rent Expense came in at $1.8 million in Q2 2026, down 13.26% year-over-year from $2.1 million in Q2 2025, and down 13.26% quarter-over-quarter from $2.1 million in Q1 2026.
Analysis
Northrim Bancorp (NRIM) Rent Expense (2010 - 2026) Analysis & Trends
Northrim Bancorp (NRIM) has reported Rent Expense for 17 consecutive years, with $1.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense fell 13.26% year-over-year to $1.8 million in Q2 2026; TTM through Jun 2026 was $7.8 million, a 0.5% decrease from a year earlier, with the FY2025 full-year figure at $7.8 million, up 2.8% from the prior year.
- Rent Expense was $1.8 million for Q2 2026 at Northrim Bancorp, down 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.
- Across the five-year window, Rent Expense gained 14.16% in 2025 and retreated 13.26% in 2026, its largest moves.
- Over 5 years, Rent Expense stood at $1.7 million in 2022, then increased by 3.0% to $1.8 million in 2023, then rose by 6.17% to $1.9 million in 2024, then increased by 0.79% to $1.9 million in 2025, then dropped by 4.35% to $1.8 million in 2026.
- The last three Rent Expense figures came in at $1.8 million (Q2 2026), $2.1 million (Q1 2026), and $1.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 73.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 68.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 59.00 Mn |
| 10 | Northrim Bancorp | 565.91 Mn | 527.71 Mn | 643,000.00 | 1.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.83 Mn |
| Mar 31, 2026 | 2.10 Mn |
| Dec 31, 2025 | 1.91 Mn |
| Sep 30, 2025 | 1.92 Mn |
| Jun 30, 2025 | 2.10 Mn |
| Mar 31, 2025 | 1.89 Mn |
| Dec 31, 2024 | 1.89 Mn |
| Sep 30, 2024 | 1.91 Mn |
| Jun 30, 2024 | 1.84 Mn |
| Mar 31, 2024 | 1.96 Mn |
| Dec 31, 2023 | 1.78 Mn |
| Sep 30, 2023 | 1.86 Mn |
| Jun 30, 2023 | 1.81 Mn |
| Mar 31, 2023 | 1.94 Mn |
| Dec 31, 2022 | 1.73 Mn |
| Sep 30, 2022 | 1.71 Mn |
| Jun 30, 2022 | 1.75 Mn |
| Mar 31, 2022 | 1.73 Mn |
| Dec 31, 2021 | 1.84 Mn |
| Sep 30, 2021 | 1.71 Mn |