Northrim Bancorp (NRIM) Tax Rate (2010 - 2026)

Northrim Bancorp's Tax Rate history runs 17 years deep, the most recent figure standing at 23.85% for Q1 2026.

• In Q1 2026, Tax Rate fell 34.0% year-over-year to 23.85%; the TTM figure through Mar 2026 stood at 23.49% (up 135.0% YoY), while the FY2025 annual figure was 23.56%, up 223.0% from the prior year.
• Tax Rate was 23.85% for Q1 2026 at Northrim Bancorp, down from 25.09% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 25.3% in Q2 2025 to a low of 13.62% in Q4 2022.
• Historically, Tax Rate has averaged 21.56% across 5 years, with a median of 21.94% in 2024.
• The sharpest annual moves came in 2023 and 2025: Tax Rate plunged 455 bps in 2023, then soared 727 bps in 2025.
• A 5-year view of Tax Rate shows it stood at 13.62% in 2022, then soared by 52 bps to 20.7% in 2023, then dropped by 14 bps to 17.82% in 2024, then soared by 41 bps to 25.09% in 2025, then declined 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.