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Side-by-side financial comparison of NORTHRIM BANCORP INC (NRIM) and Ranpak Holdings Corp. (PACK). Click either name above to swap in a different company.

Ranpak Holdings Corp. is the larger business by last-quarter revenue ($93.7M vs $61.2M, roughly 1.5× NORTHRIM BANCORP INC). On growth, NORTHRIM BANCORP INC posted the faster year-over-year revenue change (11.6% vs 2.3%). Over the past eight quarters, NORTHRIM BANCORP INC's revenue compounded faster (18.4% CAGR vs 13.7%).

Northrim Bancorp Inc is a U.S. regional bank holding company based in Anchorage, Alaska. It offers commercial and consumer banking services including deposit accounts, business and personal loans, mortgage products, and wealth management solutions, serving local small businesses, individual customers and corporate clients in its operating areas.

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...

NRIM vs PACK — Head-to-Head

Bigger by revenue
PACK
PACK
1.5× larger
PACK
$93.7M
$61.2M
NRIM
Growing faster (revenue YoY)
NRIM
NRIM
+9.3% gap
NRIM
11.6%
2.3%
PACK
Faster 2-yr revenue CAGR
NRIM
NRIM
Annualised
NRIM
18.4%
13.7%
PACK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NRIM
NRIM
PACK
PACK
Revenue
$61.2M
$93.7M
Net Profit
Gross Margin
79.9%
39.0%
Operating Margin
27.2%
-1.0%
Net Margin
Revenue YoY
11.6%
2.3%
Net Profit YoY
EPS (diluted)
$-2.80
$-0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NRIM
NRIM
PACK
PACK
Q4 25
$61.2M
$93.7M
Q3 25
$77.2M
$83.6M
Q2 25
$61.4M
$77.8M
Q1 25
$55.8M
$77.6M
Q4 24
$54.8M
$91.6M
Q3 24
$51.0M
$78.6M
Q2 24
$46.5M
$72.8M
Q1 24
$43.7M
$72.5M
Net Profit
NRIM
NRIM
PACK
PACK
Q4 25
Q3 25
$27.1M
$-10.4M
Q2 25
$11.8M
$-7.5M
Q1 25
$13.3M
$-10.9M
Q4 24
Q3 24
$8.8M
$-8.1M
Q2 24
$9.0M
$5.5M
Q1 24
$8.2M
$-8.1M
Gross Margin
NRIM
NRIM
PACK
PACK
Q4 25
79.9%
39.0%
Q3 25
84.0%
41.1%
Q2 25
78.5%
37.1%
Q1 25
84.1%
39.8%
Q4 24
77.8%
45.2%
Q3 24
75.2%
43.8%
Q2 24
79.1%
43.5%
Q1 24
78.2%
44.6%
Operating Margin
NRIM
NRIM
PACK
PACK
Q4 25
27.2%
-1.0%
Q3 25
44.8%
-6.8%
Q2 25
25.7%
-12.5%
Q1 25
31.5%
-10.3%
Q4 24
24.3%
1.5%
Q3 24
22.8%
-5.3%
Q2 24
24.9%
-7.1%
Q1 24
24.1%
-6.6%
Net Margin
NRIM
NRIM
PACK
PACK
Q4 25
Q3 25
35.1%
-12.4%
Q2 25
19.2%
-9.6%
Q1 25
23.9%
-14.0%
Q4 24
Q3 24
17.3%
-10.3%
Q2 24
19.4%
7.6%
Q1 24
18.8%
-11.2%
EPS (diluted)
NRIM
NRIM
PACK
PACK
Q4 25
$-2.80
$-0.11
Q3 25
$1.20
$-0.12
Q2 25
$2.09
$-0.09
Q1 25
$2.38
$-0.13
Q4 24
$-1.83
$-0.13
Q3 24
$0.39
$-0.10
Q2 24
$1.62
$0.07
Q1 24
$1.48
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NRIM
NRIM
PACK
PACK
Cash + ST InvestmentsLiquidity on hand
$63.0M
Total DebtLower is stronger
$12.8M
$401.9M
Stockholders' EquityBook value
$326.5M
$534.9M
Total Assets
$3.3B
$1.1B
Debt / EquityLower = less leverage
0.04×
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRIM
NRIM
PACK
PACK
Q4 25
$63.0M
Q3 25
$49.9M
Q2 25
$49.2M
Q1 25
$65.5M
Q4 24
$76.1M
Q3 24
$69.5M
Q2 24
$65.1M
Q1 24
$55.1M
Total Debt
NRIM
NRIM
PACK
PACK
Q4 25
$12.8M
$401.9M
Q3 25
$403.1M
Q2 25
$403.1M
Q1 25
$405.2M
Q4 24
$23.0M
$406.4M
Q3 24
$403.2M
Q2 24
$396.1M
Q1 24
$396.7M
Stockholders' Equity
NRIM
NRIM
PACK
PACK
Q4 25
$326.5M
$534.9M
Q3 25
$315.7M
$537.8M
Q2 25
$290.2M
$539.0M
Q1 25
$279.8M
$544.1M
Q4 24
$267.1M
$548.1M
Q3 24
$260.1M
$564.3M
Q2 24
$247.2M
$566.2M
Q1 24
$239.3M
$560.0M
Total Assets
NRIM
NRIM
PACK
PACK
Q4 25
$3.3B
$1.1B
Q3 25
$3.3B
$1.1B
Q2 25
$3.2B
$1.1B
Q1 25
$3.1B
$1.1B
Q4 24
$3.0B
$1.1B
Q3 24
$3.0B
$1.1B
Q2 24
$2.8B
$1.1B
Q1 24
$2.8B
$1.1B
Debt / Equity
NRIM
NRIM
PACK
PACK
Q4 25
0.04×
0.75×
Q3 25
0.75×
Q2 25
0.75×
Q1 25
0.74×
Q4 24
0.09×
0.74×
Q3 24
0.71×
Q2 24
0.70×
Q1 24
0.71×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NRIM
NRIM
PACK
PACK
Operating Cash FlowLast quarter
$139.3M
$19.5M
Free Cash FlowOCF − Capex
$133.9M
FCF MarginFCF / Revenue
218.9%
Capex IntensityCapex / Revenue
8.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$235.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NRIM
NRIM
PACK
PACK
Q4 25
$139.3M
$19.5M
Q3 25
$92.7M
$8.5M
Q2 25
$-4.4M
$-3.6M
Q1 25
$16.5M
$-1.3M
Q4 24
$-8.7M
$6.5M
Q3 24
$-201.0K
$10.1M
Q2 24
$-38.5M
$19.6M
Q1 24
$-5.5M
$5.2M
Free Cash Flow
NRIM
NRIM
PACK
PACK
Q4 25
$133.9M
Q3 25
$89.9M
Q2 25
$-4.7M
Q1 25
$16.3M
Q4 24
$-9.3M
Q3 24
$-330.0K
Q2 24
$-39.4M
Q1 24
$-6.6M
FCF Margin
NRIM
NRIM
PACK
PACK
Q4 25
218.9%
Q3 25
116.5%
Q2 25
-7.7%
Q1 25
29.3%
Q4 24
-17.1%
Q3 24
-0.6%
Q2 24
-84.7%
Q1 24
-15.1%
Capex Intensity
NRIM
NRIM
PACK
PACK
Q4 25
8.9%
Q3 25
3.5%
Q2 25
0.5%
Q1 25
0.4%
Q4 24
1.1%
Q3 24
0.3%
Q2 24
1.9%
Q1 24
2.4%
Cash Conversion
NRIM
NRIM
PACK
PACK
Q4 25
Q3 25
3.42×
Q2 25
-0.37×
Q1 25
1.24×
Q4 24
Q3 24
-0.02×
Q2 24
-4.27×
3.56×
Q1 24
-0.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NRIM
NRIM

Community Banking Segment$44.3M72%
Specialty Finance Segment$7.4M12%
Other$4.7M8%
Home Mortgage Lending Segment$3.6M6%
Credit And Debit Card$1.2M2%

PACK
PACK

Other$47.9M51%
Europe And Asia Segment$45.8M49%

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