Northrim Bancorp Inc Q2 FY2025 Earnings Call

Northrim Bancorp Inc (NRIM)

Earnings Call FY2025 Q2 Call date: 2025-07-23 Concluded

Quarter scorecard

Revenue

$61.44M

+32.2% YoY

Diluted EPS

$0.52

+29% YoY

Gross margin

78.5%

-0.6 pp YoY

Net income

$11.78M

+30.6% YoY

Community Banking Segment $42.24M

+20.1%

Home Mortgage Lending Segment $13.36M

+23%

Specialty Finance Segment $6.75M

+378.3%

Buybacks (derived)

Dividend / share

$0.16

ex Sep 4