Northrim Bancorp Inc Q1 FY2024 Earnings Call

Northrim Bancorp Inc (NRIM)

Earnings Call FY2024 Q1 Call date: 2024-04-24 Concluded

Quarter scorecard

Revenue

$43.65M

Diluted EPS

$0.37

+76.2% YoY

Gross margin

78.2%

Net income

$8.20M

+69.8% YoY

Community Banking Segment $34.78M

Home Mortgage Lending Segment $7.88M

Specialty Finance Segment $1.56M

Buybacks

$788,000