Northrim BanCorp
NRIM
$38.07
Share price
-1.88%
Change (1 day)
-8.97%
Change (1 year)
Categories
Operating Margin for Northrim BanCorp (NRIM)
Operating Margin as of May 2023 (TTM): 27.43%
According to Northrim BanCorp's latest financial reports and stock price the company's current Operating Margin is 27.43%. At the end of 2021 the company had an Operating Margin of 36.06%.
Operating Margin history for Northrim BanCorp from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 36.06% | 13.83% |
| 2020 | 31.68% | 23.43% |
| 2019 | 25.67% | -0.45% |
| 2018 | 25.78% | 1.52% |
| 2017 | 25.40% | 20.24% |
| 2016 | 21.12% | -21.64% |
| 2015 | 26.95% | -26.31% |
| 2014 | 36.58% | 13.56% |
| 2013 | 32.21% | -10.79% |
| 2012 | 36.11% | 17.31% |
| 2011 | 30.78% | 26.94% |
| 2010 | 24.25% | 26.31% |
| 2009 | 19.20% | 19.33% |
| 2008 | 16.09% | -49.27% |
| 2007 | 31.72% | -16.47% |
| 2006 | 37.97% | 2.28% |
| 2005 | 37.12% | -1.17% |
| 2004 | 37.56% | -0.14% |
| 2003 | 37.62% | 9.36% |
| 2002 | 34.40% | 10.46% |
| 2001 | 31.14% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 KeyCorp (KeyBank) KEY | 31.00% | 13.01% | 🇺🇸 USA |
 Wells Fargo WFC | 21.19% | -22.75% | 🇺🇸 USA |
 Umpqua Holdings UMPQ | 35.49% | 29.38% | 🇺🇸 USA |
 Plumas Bancorp PLBC | 51.32% | 87.09% | 🇺🇸 USA |
 Pacific Premier Bancorp
PPBI | 49.98% | 82.21% | 🇺🇸 USA |
 CVB Financial CVBF | 60.93% | 122.13% | 🇺🇸 USA |
 Cathay General Bancorp CATY | 59.90% | 118.37% | 🇺🇸 USA |
 Heritage Commerce HTBK | 51.13% | 86.40% | 🇺🇸 USA |
 East West Bancorp
EWBC | 61.93% | 125.77% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.