Northrim Bancorp (NRIM) Tax Rate (2010 - 2026)
Northrim Bancorp's quarterly Tax Rate came in at 23.85% in Q1 2026, down 34.0% year-on-year from 36.14% in Q1 2025, and down 4.93% quarter-over-quarter from 25.09% in Q4 2025.
Northrim Bancorp has reported Tax Rate for 17 years, with the latest figure at 23.85% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 34.0% year-over-year to 23.85%; the trailing twelve-month figure through Mar 2026 stood at 23.49% (up 135.0% YoY), and the FY2025 full-year result was 23.56%, up 223.0% from the prior year.
- Tax Rate for Q1 2026 stood at 23.85%, down from 25.09% in the prior quarter.
- The five-year high for Tax Rate was 25.3% in Q2 2025, with the low at 13.62% in Q4 2022.
- Average Tax Rate over 5 years is 21.56%, with a median of 21.94% recorded in 2024.
- Year-over-year, Tax Rate plunged 455 bps in 2023 and surged 727 bps in 2025.
- Tracing NRIM's Tax Rate over 5 years: stood at 13.62% in 2022, then jumped by 52 bps to 20.7% in 2023, then declined by 14 bps to 17.82% in 2024, then jumped by 41 bps to 25.09% in 2025, then fell by 5 bps to 23.85% in 2026.
- The last three Tax Rate figures came in at 23.85% (Q1 2026), 25.09% (Q4 2025), and 21.71% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Northrim Bancorp | 546.19 Mn | 510.62 Mn | 188,000.00 | 23.85 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.85 |
| Mar 31, 2026 | 23.85 |
| Dec 31, 2025 | 25.09 |
| Dec 31, 2025 | 25.09 |
| Sep 30, 2025 | 21.71 |
| Sep 30, 2025 | 21.71 |
| Jun 30, 2025 | 25.30 |
| Jun 30, 2025 | 25.30 |
| Mar 31, 2025 | 24.19 |
| Mar 31, 2025 | 24.19 |
| Dec 31, 2024 | 17.82 |
| Dec 31, 2024 | 17.82 |
| Sep 30, 2024 | 24.17 |
| Sep 30, 2024 | 24.17 |
| Jun 30, 2024 | 21.95 |
| Jun 30, 2024 | 21.95 |
| Mar 31, 2024 | 21.94 |
| Mar 31, 2024 | 21.94 |
| Dec 31, 2023 | 20.70 |
| Dec 31, 2023 | 20.70 |
| Sep 30, 2023 | 18.43 |
| Sep 30, 2023 | 18.43 |
| Jun 30, 2023 | 19.56 |
| Jun 30, 2023 | 19.56 |
| Mar 31, 2023 | 20.44 |
| Mar 31, 2023 | 20.44 |
| Dec 31, 2022 | 13.62 |
| Dec 31, 2022 | 13.62 |
| Sep 30, 2022 | 22.41 |
| Sep 30, 2022 | 22.41 |
| Jun 30, 2022 | 24.11 |
| Jun 30, 2022 | 24.11 |
| Mar 31, 2022 | 21.25 |
| Mar 31, 2022 | 21.25 |
| Dec 31, 2021 | 13.37 |
| Dec 31, 2021 | 13.37 |
| Sep 30, 2021 | 23.88 |
| Sep 30, 2021 | 23.88 |
| Jun 30, 2021 | 26.89 |
| Jun 30, 2021 | 26.89 |
| Mar 31, 2021 | 21.67 |
| Mar 31, 2021 | 21.67 |
| Dec 31, 2020 | 24.67 |
| Dec 31, 2020 | 24.67 |
| Sep 30, 2020 | 25.20 |
| Sep 30, 2020 | 25.20 |
| Jun 30, 2020 | 16.90 |
| Jun 30, 2020 | 16.90 |
| Mar 31, 2020 | 19.04 |
| Mar 31, 2020 | 19.04 |
| Dec 31, 2019 | 19.37 |
| Dec 31, 2019 | 19.37 |
| Sep 30, 2019 | 21.20 |
| Sep 30, 2019 | 21.20 |
| Jun 30, 2019 | 21.19 |
| Jun 30, 2019 | 21.19 |
| Mar 31, 2019 | 21.20 |
| Mar 31, 2019 | 21.20 |
| Dec 31, 2018 | 15.76 |
| Dec 31, 2018 | 15.76 |
| Sep 30, 2018 | 17.66 |
| Sep 30, 2018 | 17.66 |
| Jun 30, 2018 | 16.68 |
| Jun 30, 2018 | 16.68 |
| Mar 31, 2018 | 17.61 |
| Mar 31, 2018 | 17.61 |
| Dec 31, 2017 | 95.02 |
| Dec 31, 2017 | 95.02 |
| Sep 30, 2017 | 34.73 |
| Sep 30, 2017 | 34.73 |
| Jun 30, 2017 | 28.00 |
| Jun 30, 2017 | 28.00 |
| Mar 31, 2017 | 31.47 |
| Mar 31, 2017 | 31.47 |
| Dec 31, 2016 | 28.29 |
| Dec 31, 2016 | 28.29 |
| Sep 30, 2016 | 23.83 |
| Sep 30, 2016 | 23.83 |
| Jun 30, 2016 | 29.31 |
| Jun 30, 2016 | 29.31 |
| Mar 31, 2016 | 32.64 |
| Mar 31, 2016 | 32.64 |
| Dec 31, 2015 | 28.36 |
| Dec 31, 2015 | 28.36 |
| Sep 30, 2015 | 32.62 |
| Sep 30, 2015 | 32.62 |
| Jun 30, 2015 | 35.21 |
| Jun 30, 2015 | 35.21 |
| Mar 31, 2015 | 32.47 |
| Mar 31, 2015 | 32.47 |
| Dec 31, 2014 | 25.47 |
| Dec 31, 2014 | 25.47 |
| Sep 30, 2014 | 33.71 |
| Sep 30, 2014 | 33.71 |
| Jun 30, 2014 | 36.53 |
| Jun 30, 2014 | 36.53 |
| Mar 31, 2014 | 32.43 |
| Mar 31, 2014 | 32.43 |
| Dec 31, 2013 | 28.78 |
| Dec 31, 2013 | 28.78 |
| Sep 30, 2013 | 30.36 |
| Sep 30, 2013 | 30.36 |
| Jun 30, 2013 | 31.20 |
| Jun 30, 2013 | 31.20 |
| Mar 31, 2013 | 28.28 |
| Mar 31, 2013 | 28.28 |
| Dec 31, 2012 | 32.62 |
| Dec 31, 2012 | 32.62 |
| Sep 30, 2012 | 32.14 |
| Sep 30, 2012 | 32.14 |
| Jun 30, 2012 | 32.07 |
| Jun 30, 2012 | 32.07 |
| Mar 31, 2012 | 27.63 |
| Mar 31, 2012 | 27.63 |
| Dec 31, 2011 | 31.12 |
| Dec 31, 2011 | 31.12 |
| Sep 30, 2011 | 30.10 |
| Sep 30, 2011 | 30.10 |
| Jun 30, 2011 | 26.55 |
| Jun 30, 2011 | 26.55 |
| Mar 31, 2011 | 28.90 |
| Mar 31, 2011 | 28.90 |
| Dec 31, 2010 | 0.76 |
| Dec 31, 2010 | 0.76 |
| Sep 30, 2010 | 32.78 |
| Sep 30, 2010 | 32.78 |
| Jun 30, 2010 | 28.84 |
| Jun 30, 2010 | 28.84 |