Northrim Bancorp Inc Q1 FY2025 Earnings Call

Northrim Bancorp Inc (NRIM)

Earnings Call FY2025 Q1 Call date: 2025-04-23 Concluded

Quarter scorecard

Revenue

$54.60M

+25.1% YoY

Diluted EPS

$0.60

+62.2% YoY

Gross margin

83.8%

+5.6 pp YoY

Net income

$13.32M

+62.5% YoY

Community Banking Segment $39.28M

+12.9%

Home Mortgage Lending Segment $9.08M

+15.2%

Specialty Finance Segment $6.68M

+329.2%

Buybacks

Dividend / share

$0.16

ex Jun 5