Bank of Marin Bancorp (BMRC)

NASDAQ: BMRC · Real-Time Price · USD
25.55
-0.44 (-1.69%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.69%
Market Cap 408.17M
Revenue (ttm) 59.37M
Net Income (ttm) -13.80M
Shares Out 15.98M
EPS (ttm) -0.86
PE Ratio n/a
Forward PE 19.01
Dividend $1.00 (3.91%)
Ex-Dividend Date Nov 7, 2024
Volume 42,020
Open 25.93
Previous Close 25.99
Day's Range 25.20 - 25.93
52-Week Range 14.11 - 26.94
Beta 0.88
Analysts Buy
Price Target 21.00 (-17.81%)
Earnings Date Oct 28, 2024

About BMRC

Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to small to medium-sized businesses, not-for-profit organizations, and commercial real estate investors in the United States. The company offers personal and business checking and savings accounts; and individual retirement, health savings, and demand deposit marketplace accounts, as well as time certificates of deposit, certificate of deposit account registry, and insured cash sweep services. It also provides commercial... [Read more]

Sector Financials
Founded 1989
Employees 329
Stock Exchange NASDAQ
Ticker Symbol BMRC
Full Company Profile

Financial Performance

In 2023, Bank of Marin Bancorp's revenue was $105.20 million, a decrease of -24.15% compared to the previous year's $138.69 million. Earnings were $19.90 million, a decrease of -57.29%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for BMRC stock is "Buy." The 12-month stock price forecast is $21.0, which is a decrease of -17.81% from the latest price.

Price Target
$21.0
(-17.81% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Bank of Marin Bancorp (BMRC) Q3 2024 Earnings Call Transcript

Bank of Marin Bancorp (NASDAQ:BMRC) Q3 2024 Earnings Conference Call October 28, 2024 11:30 AM ET Company Participants Krissy Meyer - Corporate Secretary Tim Myers - President & CEO Tani Girton - EVP...

23 days ago - Seeking Alpha

Bank of Marin Bancorp Reports Third Quarter Financial Results

NOVATO, Calif.--(BUSINESS WIRE)--BANK OF MARIN BANCORP REPORTS THIRD QUARTER FINANCIAL RESULTS; STRATEGIC ACTIONS TAKEN IN FIRST HALF OF 2024 RESULT IN IMPROVED PROFITABILITY.

23 days ago - Business Wire

Bank Of Marin Set For Earnings Surge, Analyst Raises 2025 Forecast Amid Interest Rate Cuts

DA Davidson analyst upgraded Bank of Marin Bancorp BMRC to Buy from Neutral and raised the price target to $24 from $21.

5 weeks ago - Benzinga

Bank of Marin Bancorp to Webcast Q3 Earnings on Monday, October 28, 2024, at 8:30 a.m. PT

NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp to Webcast Q3 Earnings on Monday, October 28, 2024, at 8:30 a.m. PT.

6 weeks ago - Business Wire

Bank of Marin Bancorp: Undervalued With Over 5% Dividend Yield, But Risks Are High

The margin will likely increase due to interest rate cuts as well as the reinvestment of proceeds from the recent securities sale. The economies of BMRC's Northern Californian markets currently seem s...

7 weeks ago - Seeking Alpha

Bank of Marin Bancorp (BMRC) Q2 2024 Earnings Call Transcript

Bank of Marin Bancorp (NASDAQ:BMRC) Q2 2024 Earnings Conference Call July 29, 2024 11:30 AM ET Company Participants Krissy Meyer - Corporate Secretary Tim Myers - President and CEO Tani Girton - EVP ...

4 months ago - Seeking Alpha

Top 5 Financials Stocks That May Fall Off A Cliff This Month

As of July 29, 2024, five stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: COLBHIGKEYZION
4 months ago - Benzinga

Bank of Marin Bancorp Reports Second Quarter Financial Results

NOVATO, Calif.--(BUSINESS WIRE)--BANK OF MARIN BANCORP REPORTS SECOND QUARTER FINANCIAL RESULTS; STRONG CAPITAL SUPPORTS REPOSITIONING FOR PROFITABILITY.

4 months ago - Business Wire

Bank of Marin Bancorp to Webcast Q2 Earnings on Monday, July 29, 2024, at 8:30 a.m. PT

NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp to Webcast Q2 Earnings on Monday, July 29, 2024, at 8:30 a.m. PT.

4 months ago - Business Wire

Bank of Marin Announces Strategic Balance Sheet Repositioning to Improve Future Earnings

NOVATO, Calif.--(BUSINESS WIRE)--BANK OF MARIN ANNOUNCES STRATEGIC BALANCE SHEET REPOSITIONING TO IMPROVE FUTURE EARNINGS.

5 months ago - Business Wire

Bank of Marin Bancorp (BMRC) Q1 2024 Earnings Call Transcript

Bank of Marin Bancorp (NASDAQ:BMRC) Q1 2024 Earnings Conference Call April 29, 2024 11:30 AM ET Company Participants Yahaira Garcia-Perea - Marketing and Corporate Communications Manager Tim Myers - ...

7 months ago - Seeking Alpha

Bank of Marin Bancorp Reports First Quarter Earnings of $2.9 Million

NOVATO, Calif.--(BUSINESS WIRE)--BANK OF MARIN BANCORP REPORTS FIRST QUARTER EARNINGS OF $2.9 MILLION; NON-INTEREST BEARING DEPOSIT GROWTH AND PROACTIVE CREDIT RISK MANAGEMENT.

7 months ago - Business Wire

Bank of Marin Bancorp to Webcast Q1 Earnings on Monday, April 29, 2024, at 8:30 a.m. PT

NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp to Webcast Q1 Earnings on Monday, April 29, 2024, at 8:30 a.m. PT.

8 months ago - Business Wire

Bank of Marin Bancorp Announces Retirement of Robert Heller from Board of Directors

NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp (NASDAQ: BMRC) and Bank of Marin, its wholly owned subsidiary, announce the retirement of Robert Heller from its board of directors effective May...

9 months ago - Business Wire

Bank of Marin Bancorp (BMRC) Q4 2023 Earnings Call Transcript

Bank of Marin Bancorp (BMRC) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Bank of Marin Bancorp Reports Fourth Quarter and Full Year 2023 Earnings

NOVATO, Calif.--(BUSINESS WIRE)--BANK OF MARIN BANCORP REPORTS FOURTH QUARTER AND FULL YEAR 2023 EARNINGS; PROACTIVE BALANCE SHEET AND CREDIT RISK MANAGEMENT.

10 months ago - Business Wire

Bank of Marin Bancorp to Webcast Q4 Earnings on Monday, January 29, 2024, at 8:30 a.m. PT

NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp (Nasdaq: BMRC) will present its fourth quarter earnings call via webcast on Monday, January 29, 2024, at 8:30 a.m. PT/11:30 a.m. ET. All interest...

11 months ago - Business Wire

Bank of Marin Bancorp (BMRC) Q3 2023 Earnings Call Transcript

Bank of Marin Bancorp (NASDAQ:BMRC) Q3 2023 Earnings Conference Call October 23, 2023 11:30 AM ET Company Participants Yahaira Garcia-Perea - Marketing and Corporate Communications Manager Tim Myers ...

1 year ago - Seeking Alpha

Bank of Marin Bancorp Reports Third Quarter Earnings of $5.3 Million

NOVATO, Calif.--(BUSINESS WIRE)--BANK OF MARIN BANCORP REPORTS THIRD QUARTER EARNINGS OF $5.3 MILLION; DEPOSIT STABILITY AND STRONG CREDIT.

1 year ago - Business Wire

Bank of Marin Bancorp Welcomes Cigdem Gencer to its Board of Directors

NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp Welcomes Cigdem Gencer to its Board of Directors.

1 year ago - Business Wire

Bank of Marin Bancorp to Webcast Q3 Earnings on Monday, October 23, 2023, at 8:30 a.m. PT

NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp (Nasdaq: BMRC) will present its third quarter earnings call via webcast on Monday, October 23, 2023, at 8:30 a.m. PT/11:30 a.m. ET. All intereste...

1 year ago - Business Wire

Bank Of Marin Bancorp Has Room To Run

Bank of Marin Bancorp is an interesting bank that has a nice track record of growth. The bank has a diverse stream of income and assets, with a focus on catering to businesses. Profitability has decli...

1 year ago - Seeking Alpha

Bank of Marin Bancorp Announces Executive Leadership Changes

NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp Announces Executive Leadership Changes.

1 year ago - Business Wire

Bank of Marin Bancorp (BMRC) Q2 2023 Earnings Call Transcript

Bank of Marin Bancorp (NASDAQ:BMRC) Q2 2023 Earnings Conference Call July 24, 2023 11:30 AM ET Company Participants Andrea Henderson - Director of Marketing Tim Myers - President and CEO Tani Girton ...

1 year ago - Seeking Alpha

Bank of Marin Bancorp Reports Second Quarter Earnings of $4.6 Million

NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp Reports Second Quarter Earnings of $4.6 Million; Strong Deposit Growth Bolsters Balance Sheet.

1 year ago - Business Wire