Bank of Marin Bancorp

BMRC

US0634251021

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
15.44 ^USD	+0.06%		-0.52%	-29.88%

Feb. 28	Bank of Marin Bancorp and Bank of Marin Announce the Retirement of Robert Heller from Board of Directors, Effective May 13, 2024	CI
Jan. 29	Transcript : Bank of Marin Bancorp, Q4 2023 Earnings Call, Jan 29, 2024

Bank of Marin Bancorp Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

October 23, 2023 at 08:30 am EDT

Bank of Marin Bancorp reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 24.47 million. Net income was USD 5.3 million. Basic earnings per share from continuing operations was USD 0.33. Diluted earnings per share from continuing operations was USD 0.33.
For the nine months, net interest income was USD 78.5 million compared to USD 94.12 million a year ago. Net income was USD 19.29 million compared to USD 33.71 million a year ago. Basic earnings per share from continuing operations was USD 1.21 compared to USD 2.12 a year ago. Diluted earnings per share from continuing operations was USD 1.2 compared to USD 2.11 a year ago.

Latest news about Bank of Marin Bancorp

Bank of Marin Bancorp and Bank of Marin Announce the Retirement of Robert Heller from Board of Directors, Effective May 13, 2024	Feb. 28	CI
Transcript : Bank of Marin Bancorp, Q4 2023 Earnings Call, Jan 29, 2024	Jan. 29
Tranche Update on Bank of Marin Bancorp's Equity Buyback Plan announced on July 24, 2023.	Jan. 29	CI
Earnings Flash (BMRC) BANK OF MARIN BANCORP Posts Q4 EPS $0.04	Jan. 29	MT
Bank of Marin Bancorp Declares Cash Dividend, Payable on February 15, 2024	Jan. 29	CI
Bank of Marin Bancorp Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 29	CI
North American Morning Briefing : Cautious Start to Fully-Booked Week	Jan. 29	DJ
Transcript : Bank of Marin Bancorp, Q3 2023 Earnings Call, Oct 23, 2023	23-10-23
Tranche Update on Bank of Marin Bancorp's Equity Buyback Plan announced on July 19, 2021.	23-10-23	CI
Tranche Update on Bank of Marin Bancorp's Equity Buyback Plan announced on July 24, 2023.	23-10-23	CI
Earnings Flash (BMRC) BANK OF MARIN BANCORP Posts Q3 EPS $0.33, vs. Street Est of $0.30	23-10-23	MT
Bank of Marin Bancorp Declares Cash Dividend, Payable on November 10, 2023	23-10-23	CI
Bank of Marin Bancorp Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-23	CI
North American Morning Briefing : 10-Year Treasury -2-	23-10-23	DJ
Bank of Marin Bancorp Appoints Cigdem Gencer to Its Board of Directors, Effective October 20, 2023	23-10-18	CI
Bank of Marin Bancorp and Bank of Marin Appoint Cigdem Gencer as Director, Effective October 20, 2023	23-10-18	CI
Bank of Marin Bancorp and Bank of Marin Announce Executive Leadership Changes	23-08-02	CI
Keefe Bruyette & Woods Adjusts Bank of Marin Bancorp's Price Target to $23 From $24, Keeps Outperform Rating	23-07-25	MT
Bank of Marin Bancorp Declares Quarterly Cash Dividend, Payable on August 11, 2023	23-07-24	CI
Transcript : Bank of Marin Bancorp, Q2 2023 Earnings Call, Jul 24, 2023	23-07-24
Bank of Marin Bancorp announces an Equity Buyback for $25 million worth of its shares.	23-07-24	CI
Tranche Update on Bank of Marin Bancorp's Equity Buyback Plan announced on July 19, 2021.	23-07-24	CI
Bank of Marin Bancorp Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-24	CI
Earnings Flash (BMRC) BANK OF MARIN BANCORP Posts Q2 EPS $0.28, vs. Street Est of $0.43	23-07-24	MT
North American Morning Briefing : Investors Primed -2-	23-07-24	DJ

Chart Bank of Marin Bancorp

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Company Profile

Bank of Marin Bancorp is a holding company for Bank of Marin (the Bank). The Bank offers a suite of business and personal financial products and services designed to meet the needs of its customers. Its lending categories include commercial real estate loans, commercial and industrial loans, construction financing, consumer loans and home equity lines of credit. Through third-party vendors, it offers merchant and payroll services, a commercial equipment leasing program and credit cards. Its other products and services include payment solutions (mobile deposit and Zelle) and a wide array of treasury management services. It offers personal and business checking and savings accounts, and a number of time deposit alternatives, including time certificates of deposit, Individual Retirement Accounts (IRAs), Health Savings Accounts (HSA), Certificate of Deposit Account Registry Service (CDARS), Insured Cash Sweep (ICS), and Demand Deposit Marketplace (DDM Sweep) accounts.

Sector

Banks

Calendar

2024-04-29 - Q1 2024 Earnings Release

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Russell 2000

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Ratings for Bank of Marin Bancorp

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

15.44 USD

Average target price

20.9 USD

Spread / Average Target

+35.36%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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