Filing Flows › Northrim Bancorp (NRIM) › Q4 2025
Northrim Bancorp (NRIM) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 6, 2026
Northrim Bancorp (NRIM) reported revenue of $62.3M for the fourth quarter 2025 (Q4 2025), +14% from a year earlier and -19% from the quarter before. Operating margin was 26.6%, net earnings $12.4M (20.0% of revenue).
Northrim Bancorp, Q4 2025: revenue $62.3M (+14% year over year), operating margin 26.6%, net earnings $12.4M, operating cash flow $34.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $62.3M | -19% | +14% |
| Gross profit | $50.0M | -23% | +17% |
| Operating profit | $16.6M | -52% | +25% |
| Net earnings | $12.4M | -54% | +14% |
| Operating cash flow | $34.7M | -62% | -2% |
| Free cash flow | $32.5M | -64% | -12% |
What changed
Revenue was $62.3M in Q4 2025, up 14% year over year and down 19% from the previous quarter. Community Banking was the largest line at 71% of revenue.
Gross margin was 80.3%, up 2.4 points from a year earlier. Operating profit was $16.6M, a 26.6% margin (up 2.4 points year over year). Of the extra revenue versus a year earlier, 44% reached operating profit, above the 24% margin then. Operating expenses grew 14% against revenue growth of 14%. Net earnings were $12.4M, up 14% year over year. The effective tax rate was 25.1%.
Operating cash flow was $34.7M (down 2% year over year), 279% of net earnings. Non-cash charges added back $812K of share-based compensation. Working capital and other items added $21.5M. Capital expenditures of $2.2M left free cash flow of $32.5M.
Questions
What was Northrim Bancorp's revenue in the fourth quarter 2025?
Northrim Bancorp (NRIM) reported revenue of $62.3M for the fourth quarter 2025 (Q4 2025), +14% from a year earlier and -19% from the quarter before.
Was Northrim Bancorp profitable in the fourth quarter 2025?
Operating profit was $16.6M (26.6% of revenue) and net earnings $12.4M.
Source: Northrim Bancorp 10-K on SEC EDGAR.