NORTHRIM BANCORP INC
NRIM · Savings Institution, Federally Chartered · 22.2M shares · +35%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $8M (gross $9M, SBC $937K)
Reference price $23.20 · est. market cap ~$516M — last insider purchase, 2026-01-30 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B80Northrim BanCorp — high-return Alaska bank.
Strengths
- ROE 19.8% (100th pct), ROA (100th), strong FCF (97th)
- Very low leverage (20th); dominant Alaska franchise
Risks
- Alaska-economy and oil-price concentration
- Rate sensitivity
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
81.7%
Net margin
25.3%
Return on equity
19.8%
Return on assets
2.0%
Revenue growth (QoQ)
-4.1%
Net-income growth
74.8%
Debt / equity
0.0×
Free cash flow
$134M
Tangible book value
$276M
Stock comp / revenue
0.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-23 | Ballard Jed W | Tax withheld | 1.7K | $22.85 |
| 2026-03-23 | Huston Michael G. | Tax withheld | 1.8K | $22.85 |
| 2026-03-23 | Huston Michael G. | Option exercise | 10K | — |
| 2026-03-23 | Huston Michael G. | Tax withheld | 2.5K | $22.85 |
| 2026-03-23 | Ballard Jed W | Option exercise | 6.0K | — |
| 2026-03-23 | Ballard Jed W | Option exercise | 9.0K | — |
| 2026-03-23 | Ballard Jed W | Tax withheld | 2.2K | $22.85 |
| 2026-03-23 | Huston Michael G. | Option exercise | 6.9K | — |
| 2026-01-30 | Ballard Jed W | Buy | 650 | $23.20 |
| 2026-01-30 | Ballard Jed W | Buy | 640 | $23.28 |
| 2026-01-29 | Huston Michael G. | Buy | 1.5K | $22.80 |
| 2025-12-10 | Thomas Linda C | Buy | 800 | $24.95 |
| 2025-12-09 | McCambridge David J | Buy | 1.1K | $24.87 |
| 2025-12-09 | HEGNA SHAUNA | Buy | 1.2K | $25.25 |
| 2025-12-09 | SCHIERHORN JOSEPH M | Option exercise | 42K | $8.32 |
| 2025-12-09 | SCHIERHORN JOSEPH M | Tax withheld | 21K | $24.84 |
| 2025-03-27 | Ballard Jed W | Grant | 1.4K | $74.97 |
| 2025-03-27 | Huston Michael G. | Grant | 2.4K | $74.97 |
| 2025-03-24 | ROMANO MARILYN | Buy | 200 | $75.63 |
| 2025-02-25 | SCHIERHORN JOSEPH M | Gift | 294 | — |
| 2025-02-25 | SCHIERHORN JOSEPH M | Gift | 294 | — |
| 2025-02-07 | Huston Michael G. | Sell | 453 | $89.18 |
| 2025-02-04 | Huston Michael G. | Option exercise | 1.0K | $31.45 |
| 2025-02-04 | Huston Michael G. | Tax withheld | 547 | $88.63 |
| 2025-01-31 | HEGNA SHAUNA | Buy | 113 | $84.00 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-01 | Shareholder vote | filing ↗ |
| 2026-04-22 | ResultsExhibits | filing ↗ |
| 2026-01-23 | ResultsExhibits | filing ↗ |
| 2026-01-02 | Exec/director changeExhibits | filing ↗ |
| 2025-11-26 | Material agreementDebt obligationReg FDExhibits | filing ↗ |
| 2025-10-22 | ResultsExhibits | filing ↗ |
| 2025-09-19 | 5.03Exhibits | filing ↗ |
| 2025-08-25 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-01 | 2026-05-28 | 0001163370-26-000023 ↗ |
| 10-Q | 2026-05-01 | 2026-03-31 | 0001163370-26-000021 ↗ |
| 8-K | 2026-04-22 | 2026-04-22 | 0001163370-26-000018 ↗ |
| 10-K | 2026-03-06 | 2025-12-31 | 0001163370-26-000007 ↗ |
| 8-K | 2026-01-23 | 2026-01-23 | 0001163370-26-000004 ↗ |
| 8-K | 2026-01-02 | 2026-01-01 | 0001163370-26-000002 ↗ |
| 8-K | 2025-11-26 | 2025-11-26 | 0001163370-25-000046 ↗ |
| 10-Q | 2025-10-27 | 2025-09-30 | 0001163370-25-000043 ↗ |
| 8-K | 2025-10-22 | 2025-10-22 | 0001163370-25-000041 ↗ |
| 8-K | 2025-09-19 | 2025-09-18 | 0001163370-25-000039 ↗ |
| 8-K | 2025-08-25 | 2025-08-21 | 0001163370-25-000034 ↗ |
| 8-K | 2025-08-25 | 2025-08-22 | 0001163370-25-000032 ↗ |