Northrim Bancorp (NRIM) Research & Development (2010 - 2026)
Northrim Bancorp's (NRIM) quarterly Research & Development came in at $3.5 million in Q2 2026, up 3.45% year-over-year from $3.4 million in Q2 2025, and up 5.36% quarter-over-quarter from $3.3 million in Q1 2026.
Analysis
Northrim Bancorp (NRIM) Research & Development (2010 - 2026) Analysis & Trends
Northrim Bancorp (NRIM) has reported Research & Development for 17 consecutive years, with $3.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 3.45% year-over-year to $3.5 million in Q2 2026; TTM through Jun 2026 was $13.4 million, a 10.22% increase from a year earlier, with the FY2025 full-year figure at $13.1 million, up 19.47% from the prior year.
- Research & Development was $3.5 million for Q2 2026 at Northrim Bancorp, up from $3.3 million in the prior quarter.
- Over five years, Research & Development peaked at $3.5 million in Q2 2026 and troughed at $2.0 million in Q1 2022.
- A 5-year average of $2.8 million and a median of $2.6 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development decreased 2.11% in 2022 and grew 29.41% in 2025, its largest moves.
- Over 5 years, Research & Development stood at $2.3 million in 2022, then increased by 8.32% to $2.5 million in 2023, then gained by 24.32% to $3.1 million in 2024, then gained by 9.88% to $3.4 million in 2025, then advanced by 1.96% to $3.5 million in 2026.
- The last three Research & Development figures came in at $3.5 million (Q2 2026), $3.3 million (Q1 2026), and $3.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | - |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | - |
| 10 | Northrim Bancorp | 565.91 Mn | 527.71 Mn | 643,000.00 | 3.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.48 Mn |
| Mar 31, 2026 | 3.31 Mn |
| Dec 31, 2025 | 3.42 Mn |
| Sep 30, 2025 | 3.24 Mn |
| Jun 30, 2025 | 3.37 Mn |
| Mar 31, 2025 | 3.10 Mn |
| Dec 31, 2024 | 3.11 Mn |
| Sep 30, 2024 | 2.62 Mn |
| Jun 30, 2024 | 2.60 Mn |
| Mar 31, 2024 | 2.66 Mn |
| Dec 31, 2023 | 2.50 Mn |
| Sep 30, 2023 | 2.59 Mn |
| Jun 30, 2023 | 2.38 Mn |
| Mar 31, 2023 | 2.36 Mn |
| Dec 31, 2022 | 2.31 Mn |
| Sep 30, 2022 | 2.32 Mn |
| Jun 30, 2022 | 2.31 Mn |
| Mar 31, 2022 | 1.99 Mn |
| Dec 31, 2021 | 2.13 Mn |
| Sep 30, 2021 | 2.20 Mn |