Bank of Marin Bancorp (BMRC)

Bank of Marin Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	105.52	138.78	117.52	99.05	103.74
Revenue Growth (YoY)	-23.97%	18.08%	18.66%	-4.52%	2.02%
Gross Profit	105.52	138.78	117.52	99.05	103.74
Selling, General & Admin	62.19	61.12	61.86	48.46	48.05
Other Operating Expenses	14.51	13.89	10.76	9.99	9.8
Operating Expenses	76.7	75.01	72.61	58.46	57.84
Operating Income	28.82	63.77	44.91	40.59	45.89
Other Expense / Income	2.78	0.26	0.03	-	-
Pretax Income	26.04	63.51	44.89	40.59	45.89
Income Tax	6.14	16.92	11.66	10.35	11.65
Net Income	19.9	46.59	33.23	30.24	34.24
Net Income Growth	-57.29%	40.20%	9.87%	-11.68%	4.96%
Shares Outstanding (Basic)	16	16	14	14	14
Shares Outstanding (Diluted)	16	16	14	14	14
Shares Change	0.36%	10.73%	5.91%	-1.28%	-1.68%
EPS (Basic)	1.24	2.93	2.32	2.24	2.51
EPS (Diluted)	1.24	2.92	2.30	2.22	2.48
EPS Growth	-57.53%	26.96%	3.60%	-10.48%	6.44%
Free Cash Flow	33.91	53.01	44.21	39.86	40.39
Free Cash Flow Per Share	2.12	3.33	3.08	2.95	2.97
Dividend Per Share	1.000	0.980	0.940	0.920	0.800
Dividend Growth	2.04%	4.26%	2.17%	15.00%	25.98%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	27.31%	45.95%	38.22%	40.98%	44.24%
Profit Margin	18.85%	33.57%	28.27%	30.53%	33.01%
Free Cash Flow Margin	32.14%	38.20%	37.62%	40.25%	38.94%
Effective Tax Rate	23.59%	26.65%	25.97%	25.49%	25.39%
EBITDA	29.48	66.84	47.76	43.59	49.01
EBITDA Margin	27.94%	48.16%	40.64%	44.01%	47.24%
Depreciation & Amortization	3.45	3.33	2.88	3	3.12
EBIT	26.04	63.51	44.89	40.59	45.89
EBIT Margin	24.67%	45.76%	38.19%	40.98%	44.24%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).