Northrim Bancorp (NRIM) Research & Development (2010 - 2026)
Northrim Bancorp (NRIM) posted quarterly Research & Development of $3.5 million for Q2 2026, up 3.45% year-over-year from $3.4 million in Q2 2025, and up 5.36% on a QoQ basis from $3.3 million in Q1 2026.
Northrim Bancorp (NRIM) Research & Development (2010 - 2026) Analysis & Trends
Northrim Bancorp has reported Research & Development for 17 years, with the latest figure at $3.5 million in Q2 2026.
- Research & Development for Q2 2026 came in at $3.5 million, up 3.45% year-over-year; the trailing twelve-month figure through Jun 2026 was $13.4 million (up 10.22% YoY), and the FY2025 annual result was $13.1 million, up 19.47% from the prior year.
- Research & Development rose to $3.5 million in Q2 2026, 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.
- The widest annual swing landed in 2022, when Research & Development retreated 2.11%; it then climbed 29.41% in 2025.
- A 5-year view of Research & Development shows it stood at $2.3 million in 2022, then gained by 8.32% to $2.5 million in 2023, then climbed by 24.32% to $3.1 million in 2024, then climbed by 9.88% to $3.4 million in 2025, then grew by 1.96% to $3.5 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $3.5 million in Q2 2026, $3.3 million in Q1 2026, and $3.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 250.00 Mn |
| 10 | Northrim Bancorp | 573.91 Mn | 535.72 Mn | 643,000.00 | 3.48 Mn |
Historic Data
Download 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 |