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Northrim Bancorp vs Provident Financial Services: revenue, profit, margins and growth compared

Northrim Bancorp brought in $255.6M of revenue in fiscal 2025, Provident Financial Services $73.1M in fiscal 2025. Revenue changed by +30.4% at Northrim Bancorp and +7.1% at Provident Financial Services on the year before, so Northrim Bancorp grew faster. Northrim Bancorp kept 25.3% of its revenue as net profit, Provident Financial Services 398.3%. Free cash flow was $133.9M at Northrim Bancorp and $430.7M at Provident Financial Services.

Side by side, latest fiscal year

NRIMPFS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$255.6M$73.1M
Revenue growth+30.4%+7.1%
Net income$64.6M$291.2M
Net margin25.3%398.3%
Free cash flow$133.9M$430.7M
Free cash flow margin52.4%589.2%
Earnings per share (diluted)$2.87$2.23
Cash$145.9M$209.1M
Debt$81.7Mn/a
Price to earnings8.710.2
Market value$555.7M$3B
Dividend yield2.56%4.20%
Rank by revenue in sector#286 of 444 · Finance#341 of 444 · Finance

Over the years

Revenue
NRIM FY2018: $5.9MNRIM FY2022: $134.4MNRIM FY2023: $158.3MNRIM FY2024: $196MNRIM FY2025: $255.6MPFS FY2018: $37.3MPFS FY2019: $41.4MPFS FY2020: $45.5MPFS FY2021: $57.6MPFS FY2022: $55MPFS FY2023: $57.5MPFS FY2024: $68.3MPFS FY2025: $73.1MFY18FY19FY20FY21FY22FY23FY24FY25
NRIM $255.6MPFS $73.1M
Net income
NRIM FY2018: $20MNRIM FY2019: $20.7MNRIM FY2020: $32.9MNRIM FY2021: $37.5MNRIM FY2022: $30.7MNRIM FY2023: $25.4MNRIM FY2024: $37MNRIM FY2025: $64.6MPFS FY2018: $118.4MPFS FY2019: $112.6MPFS FY2020: $97MPFS FY2021: $167.9MPFS FY2022: $175.6MPFS FY2023: $128.4MPFS FY2024: $115.5MPFS FY2025: $291.2MFY18FY19FY20FY21FY22FY23FY24FY25
NRIM $64.6MPFS $291.2M
Net margin
NRIM FY2018: 338.4%NRIM FY2022: 22.9%NRIM FY2023: 16.0%NRIM FY2024: 18.9%NRIM FY2025: 25.3%PFS FY2018: 317.5%PFS FY2019: 272.4%PFS FY2020: 212.9%PFS FY2021: 291.7%PFS FY2022: 319.4%PFS FY2023: 223.2%PFS FY2024: 169.2%PFS FY2025: 398.3%FY18FY19FY20FY21FY22FY23FY24FY25
NRIM 25.3%PFS 398.3%
Revenue growth
NRIM FY2023: +17.8%NRIM FY2024: +23.8%NRIM FY2025: +30.4%PFS FY2019: +10.9%PFS FY2020: +10.1%PFS FY2021: +26.4%PFS FY2022: -4.5%PFS FY2023: +4.6%PFS FY2024: +18.7%PFS FY2025: +7.1%FY19FY20FY21FY22FY23FY24FY25
NRIM +30.4%PFS +7.1%
Free cash flow
NRIM FY2018: $21.6MNRIM FY2019: -$3.1MNRIM FY2020: -$39.3MNRIM FY2021: $109.7MNRIM FY2022: $74.3MNRIM FY2023: $32.6MNRIM FY2024: -$9.3MNRIM FY2025: $133.9MPFS FY2018: $152.6MPFS FY2019: $132MPFS FY2020: $90.5MPFS FY2021: $143MPFS FY2022: $190.9MPFS FY2023: $165.9MPFS FY2024: $425.1MPFS FY2025: $430.7MFY18FY19FY20FY21FY22FY23FY24FY25
NRIM $133.9MPFS $430.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Northrim Bancorp and Provident Financial Services

Which is bigger by revenue, Northrim Bancorp or Provident Financial Services?

Northrim Bancorp is bigger by revenue: $255.6M in fiscal 2025, against $73.1M for Provident Financial Services in fiscal 2025.

Which keeps more of its revenue as profit, Northrim Bancorp or Provident Financial Services?

Northrim Bancorp had a net margin of 25.3% in fiscal 2025; Provident Financial Services had 398.3% in fiscal 2025.

Which grew revenue faster, Northrim Bancorp or Provident Financial Services?

In their latest fiscal years revenue changed by +30.4% at Northrim Bancorp and +7.1% at Provident Financial Services.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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