Northrim Bancorp (NRIM) Research & Development (2010 - 2026)
Northrim Bancorp's (NRIM) quarterly Research & Development came in at $3.3 million in Q1 2026, up 6.48% year-on-year from $3.1 million in Q1 2025, and down 3.22% on a QoQ basis from $3.4 million in Q4 2025.
Northrim Bancorp (NRIM) Research & Development (2010 - 2026) Analysis & Trends
Northrim Bancorp (NRIM) has 17 years of Research & Development data on file, last reported at $3.3 million in Q1 2026.
- On a quarterly basis, Research & Development rose 6.48% year-over-year to $3.3 million in Q1 2026; TTM through Mar 2026 was $13.3 million, a 16.58% increase from a year earlier, with the FY2025 full-year figure at $13.1 million, up 19.47% from the prior year.
- Research & Development for Q1 2026 stood at $3.3 million, down from $3.4 million in the prior quarter.
- Over the last five years, Research & Development for NRIM reached as high as $3.4 million in Q4 2025 and fell as low as $2.0 million in Q1 2022.
- Historically, Research & Development has averaged $2.7 million across 5 years, with a median of $2.6 million in 2024.
- Across the five-year window, Research & Development retreated 2.11% in 2022 and climbed 29.41% in 2025, its largest moves.
- Year by year, Research & Development stood at $2.3 million in 2022, then climbed by 8.32% to $2.5 million in 2023, then increased by 24.32% to $3.1 million in 2024, then increased by 9.88% to $3.4 million in 2025, then declined by 3.22% to $3.3 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $3.3 million in Q1 2026, $3.4 million in Q4 2025, and $3.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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 | - | 1.10 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 554,000.00 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | Northrim Bancorp | 603.95 Mn | 568.40 Mn | -90,000.00 | 3.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.21 Mn |