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Side-by-side financial comparison of NORTHRIM BANCORP INC (NRIM) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $61.2M, roughly 1.2× NORTHRIM BANCORP INC). On growth, NORTHRIM BANCORP INC posted the faster year-over-year revenue change (11.6% vs -1.8%). NORTHRIM BANCORP INC produced more free cash flow last quarter ($133.9M vs $33.5M). Over the past eight quarters, NORTHRIM BANCORP INC's revenue compounded faster (18.4% CAGR vs -4.7%).

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.

RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.

NRIM vs RMAX — Head-to-Head

Bigger by revenue
RMAX
RMAX
1.2× larger
RMAX
$71.1M
$61.2M
NRIM
Growing faster (revenue YoY)
NRIM
NRIM
+13.4% gap
NRIM
11.6%
-1.8%
RMAX
More free cash flow
NRIM
NRIM
$100.4M more FCF
NRIM
$133.9M
$33.5M
RMAX
Faster 2-yr revenue CAGR
NRIM
NRIM
Annualised
NRIM
18.4%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NRIM
NRIM
RMAX
RMAX
Revenue
$61.2M
$71.1M
Net Profit
$1.4M
Gross Margin
79.9%
Operating Margin
27.2%
13.1%
Net Margin
2.0%
Revenue YoY
11.6%
-1.8%
Net Profit YoY
-75.2%
EPS (diluted)
$-2.80

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
RMAX
RMAX
Q4 25
$61.2M
$71.1M
Q3 25
$77.2M
$73.2M
Q2 25
$61.4M
$72.8M
Q1 25
$55.8M
$74.5M
Q4 24
$54.8M
$72.5M
Q3 24
$51.0M
$78.5M
Q2 24
$46.5M
$78.5M
Q1 24
$43.7M
$78.3M
Net Profit
NRIM
NRIM
RMAX
RMAX
Q4 25
$1.4M
Q3 25
$27.1M
$4.0M
Q2 25
$11.8M
$4.7M
Q1 25
$13.3M
$-2.0M
Q4 24
$5.8M
Q3 24
$8.8M
$966.0K
Q2 24
$9.0M
$3.7M
Q1 24
$8.2M
$-3.4M
Gross Margin
NRIM
NRIM
RMAX
RMAX
Q4 25
79.9%
Q3 25
84.0%
Q2 25
78.5%
Q1 25
84.1%
Q4 24
77.8%
Q3 24
75.2%
Q2 24
79.1%
Q1 24
78.2%
Operating Margin
NRIM
NRIM
RMAX
RMAX
Q4 25
27.2%
13.1%
Q3 25
44.8%
25.0%
Q2 25
25.7%
19.3%
Q1 25
31.5%
7.2%
Q4 24
24.3%
5.9%
Q3 24
22.8%
19.4%
Q2 24
24.9%
20.6%
Q1 24
24.1%
5.8%
Net Margin
NRIM
NRIM
RMAX
RMAX
Q4 25
2.0%
Q3 25
35.1%
5.4%
Q2 25
19.2%
6.4%
Q1 25
23.9%
-2.6%
Q4 24
8.0%
Q3 24
17.3%
1.2%
Q2 24
19.4%
4.7%
Q1 24
18.8%
-4.3%
EPS (diluted)
NRIM
NRIM
RMAX
RMAX
Q4 25
$-2.80
Q3 25
$1.20
Q2 25
$2.09
Q1 25
$2.38
Q4 24
$-1.83
Q3 24
$0.39
Q2 24
$1.62
Q1 24
$1.48

Balance Sheet & Financial Strength

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

Metric
NRIM
NRIM
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$118.7M
Total DebtLower is stronger
$12.8M
$432.2M
Stockholders' EquityBook value
$326.5M
$452.4M
Total Assets
$3.3B
$582.5M
Debt / EquityLower = less leverage
0.04×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRIM
NRIM
RMAX
RMAX
Q4 25
$118.7M
Q3 25
$107.5M
Q2 25
$94.3M
Q1 25
$89.1M
Q4 24
$96.6M
Q3 24
$83.8M
Q2 24
$66.1M
Q1 24
$82.1M
Total Debt
NRIM
NRIM
RMAX
RMAX
Q4 25
$12.8M
$432.2M
Q3 25
$433.3M
Q2 25
$434.4M
Q1 25
$435.3M
Q4 24
$23.0M
$436.2M
Q3 24
$437.2M
Q2 24
$438.1M
Q1 24
$439.0M
Stockholders' Equity
NRIM
NRIM
RMAX
RMAX
Q4 25
$326.5M
$452.4M
Q3 25
$315.7M
$448.1M
Q2 25
$290.2M
$442.4M
Q1 25
$279.8M
$433.5M
Q4 24
$267.1M
$429.5M
Q3 24
$260.1M
$423.1M
Q2 24
$247.2M
$418.4M
Q1 24
$239.3M
$412.0M
Total Assets
NRIM
NRIM
RMAX
RMAX
Q4 25
$3.3B
$582.5M
Q3 25
$3.3B
$582.2M
Q2 25
$3.2B
$574.8M
Q1 25
$3.1B
$571.4M
Q4 24
$3.0B
$581.6M
Q3 24
$3.0B
$578.6M
Q2 24
$2.8B
$571.4M
Q1 24
$2.8B
$566.7M
Debt / Equity
NRIM
NRIM
RMAX
RMAX
Q4 25
0.04×
0.96×
Q3 25
0.97×
Q2 25
0.98×
Q1 25
1.00×
Q4 24
0.09×
1.02×
Q3 24
1.03×
Q2 24
1.05×
Q1 24
1.07×

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
RMAX
RMAX
Operating Cash FlowLast quarter
$139.3M
$40.9M
Free Cash FlowOCF − Capex
$133.9M
$33.5M
FCF MarginFCF / Revenue
218.9%
47.1%
Capex IntensityCapex / Revenue
8.9%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$235.4M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NRIM
NRIM
RMAX
RMAX
Q4 25
$139.3M
$40.9M
Q3 25
$92.7M
$17.7M
Q2 25
$-4.4M
$4.6M
Q1 25
$16.5M
$5.7M
Q4 24
$-8.7M
$59.7M
Q3 24
$-201.0K
$17.6M
Q2 24
$-38.5M
$15.9M
Q1 24
$-5.5M
$9.4M
Free Cash Flow
NRIM
NRIM
RMAX
RMAX
Q4 25
$133.9M
$33.5M
Q3 25
$89.9M
$16.4M
Q2 25
$-4.7M
$2.9M
Q1 25
$16.3M
$4.0M
Q4 24
$-9.3M
$53.0M
Q3 24
$-330.0K
$16.3M
Q2 24
$-39.4M
$14.0M
Q1 24
$-6.6M
$6.8M
FCF Margin
NRIM
NRIM
RMAX
RMAX
Q4 25
218.9%
47.1%
Q3 25
116.5%
22.4%
Q2 25
-7.7%
4.0%
Q1 25
29.3%
5.3%
Q4 24
-17.1%
73.2%
Q3 24
-0.6%
20.8%
Q2 24
-84.7%
17.8%
Q1 24
-15.1%
8.6%
Capex Intensity
NRIM
NRIM
RMAX
RMAX
Q4 25
8.9%
10.4%
Q3 25
3.5%
1.8%
Q2 25
0.5%
2.2%
Q1 25
0.4%
2.3%
Q4 24
1.1%
9.1%
Q3 24
0.3%
1.7%
Q2 24
1.9%
2.4%
Q1 24
2.4%
3.3%
Cash Conversion
NRIM
NRIM
RMAX
RMAX
Q4 25
28.39×
Q3 25
3.42×
4.45×
Q2 25
-0.37×
0.97×
Q1 25
1.24×
Q4 24
10.28×
Q3 24
-0.02×
18.22×
Q2 24
-4.27×
4.29×
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%

RMAX
RMAX

Franchising Segment$50.1M70%
Broker Fees$13.9M20%
Annual Dues$7.4M10%

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