NASDAQ:BMRC

Bank of Marin Bancorp (BMRC) Stock Price, News & Analysis

$15.71
-0.26 (-1.63%)
(As of 05/13/2024 ET)
Today's Range
$15.70
$16.12
50-Day Range
$14.36
$17.08
52-Week Range
$14.11
$23.24
Volume
33,701 shs
Average Volume
65,434 shs
Market Capitalization
$255.92 million
P/E Ratio
18.93
Dividend Yield
6.37%
Price Target
$17.33

Bank of Marin Bancorp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
10.3% Upside
$17.33 Price Target
Short Interest
Bearish
4.44% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.93mentions of Bank of Marin Bancorp in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
58.33%
From $0.84 to $1.33 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.33 out of 5 stars

Finance Sector

650th out of 880 stocks

State Commercial Banks Industry

156th out of 177 stocks

BMRC stock logo

About Bank of Marin Bancorp Stock (NASDAQ: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 real estate, commercial and industrial, and consumer loans, as well as construction financing and home equity lines of credit. In addition, the company offers merchant and payroll services; commercial equipment leasing program; payment solutions; treasury management services; credit cards; and mobile deposit, remote deposit capture, automated clearing house, wire transfer, and image lockbox services. Further, it provides wealth management and trust services comprising customized investment portfolio management, financial planning, trust administration, estate settlement, and custody services, as well as 401(k) plan services; and automated teller machines, and telephone and digital banking services. The company was incorporated in 1989 and is headquartered in Novato, California.

BMRC Stock Price History

BMRC Stock News Headlines

Bank of Marin Bancorp (NASDAQ:BMRC) PT Lowered to $21.00
BMRC Jul 2024 17.500 put
BANK OF MARIN BANCORP
See More Headlines
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Company Calendar

Ex-Dividend for 2/15 Dividend
2/07/2024
Dividend Payable
2/15/2024
Last Earnings
4/29/2024
Ex-Dividend for 5/16 Dividend
5/08/2024
Today
5/13/2024
Dividend Payable
5/16/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:BMRC
CUSIP
06342510
Employees
329
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$17.33
High Stock Price Target
$21.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+8.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$19.90 million
Pretax Margin
11.86%

Debt

Sales & Book Value

Annual Sales
$144.48 million
Cash Flow
$2.13 per share
Book Value
$27.20 per share

Miscellaneous

Free Float
15,354,000
Market Cap
$259.99 million
Optionable
Optionable
Beta
0.88

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Key Executives

  • Mr. Timothy D. Myers (Age 53)
    President, CEO & Director
    Comp: $857.78k
  • Ms. Tani Girton (Age 64)
    Executive VP & CFO
    Comp: $529.75k
  • Ms. Nicolette Sloan (Age 46)
    Executive VP and Head of Growth & Strategy
    Comp: $455.23k
  • Ms. Misako Stewart (Age 55)
    Executive VP & Chief Credit Officer of Bank of Marin
    Comp: $486.21k
  • Mr. David Bloom (Age 63)
    Executive VP & Head of Commercial Banking
    Comp: $528.89k
  • Mr. Sathis Arasadi (Age 52)
    Executive VP & Chief Information Officer
  • Ms. Boo Wilson
    Chief Marketing Officer
  • Mr. Patrick J. London (Age 66)
    Executive VP & Director of Private Banking
    Comp: $179.97k
  • Ms. Deborah Hoke Smith
    Senior VP & Director of Wealth Management & Trust, AIF
  • Mr. David A. Merck (Age 61)
    First VP & Controller

BMRC Stock Analysis - Frequently Asked Questions

Should I buy or sell Bank of Marin Bancorp stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Marin Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BMRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BMRC, but not buy additional shares or sell existing shares.
View BMRC analyst ratings
or view top-rated stocks.

What is Bank of Marin Bancorp's stock price target for 2024?

3 brokerages have issued 12-month target prices for Bank of Marin Bancorp's stock. Their BMRC share price targets range from $15.00 to $21.00. On average, they predict the company's share price to reach $17.33 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price.
View analysts price targets for BMRC
or view top-rated stocks among Wall Street analysts.

How have BMRC shares performed in 2024?

Bank of Marin Bancorp's stock was trading at $22.02 on January 1st, 2024. Since then, BMRC shares have decreased by 28.7% and is now trading at $15.71.
View the best growth stocks for 2024 here
.

When is Bank of Marin Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our BMRC earnings forecast
.

How were Bank of Marin Bancorp's earnings last quarter?

Bank of Marin Bancorp (NASDAQ:BMRC) released its quarterly earnings data on Monday, April, 29th. The bank reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.10. The bank earned $36.90 million during the quarter, compared to the consensus estimate of $26.90 million. Bank of Marin Bancorp had a trailing twelve-month return on equity of 4.09% and a net margin of 9.28%. During the same period last year, the company posted $0.59 EPS.

How often does Bank of Marin Bancorp pay dividends? What is the dividend yield for Bank of Marin Bancorp?

Bank of Marin Bancorp announced a quarterly dividend on Monday, April 29th. Stockholders of record on Thursday, May 9th will be paid a dividend of $0.25 per share on Thursday, May 16th. This represents a $1.00 annualized dividend and a yield of 6.37%. The ex-dividend date of this dividend is Wednesday, May 8th.
Read our dividend analysis for BMRC
.

Is Bank of Marin Bancorp a good dividend stock?

Bank of Marin Bancorp (NASDAQ:BMRC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 6.26%. BMRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 120.48%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BMRC will have a dividend payout ratio of 75.19% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BMRC.

When did Bank of Marin Bancorp's stock split?

Bank of Marin Bancorp shares split before market open on Wednesday, November 28th 2018. The 2-1 split was announced on Monday, October 22nd 2018. The newly created shares were issued to shareholders after the closing bell on Tuesday, November 27th 2018. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Tim Myers' approval rating as Bank of Marin Bancorp's CEO?

3 employees have rated Bank of Marin Bancorp Chief Executive Officer Tim Myers on Glassdoor.com. Tim Myers has an approval rating of 100% among the company's employees. This puts Tim Myers in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 59.0% of employees surveyed would recommend working at Bank of Marin Bancorp to a friend.

What other stocks do shareholders of Bank of Marin Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bank of Marin Bancorp investors own include AbbVie (ABBV), Exxon Mobil (XOM), Franklin Resources (BEN), CenterPoint Energy (CNP), HDFC Bank (HDB), Harley-Davidson (HOG), Invesco (ivz), Kohl's (KSS), Occidental Petroleum (OXY) and Skyworks Solutions (SWKS).

Who are Bank of Marin Bancorp's major shareholders?

Bank of Marin Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.78%), ProShare Advisors LLC (2.76%), Perigon Wealth Management LLC (0.39%), Acadian Asset Management LLC (0.30%), Rosenthal Henry Capital Advisors Inc. (0.29%) and BNP Paribas Financial Markets (0.17%). Insiders that own company stock include Arasadi Sathis, David A Merck, Kevin R Kennedy, Misako Stewart, Russell A Colombo, Secil Tabli Watson, Steven I Barlow, Timothy D Myers and William H Mcdevitt Jr.
View institutional ownership trends
.

How do I buy shares of Bank of Marin Bancorp?

Shares of BMRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BMRC) was last updated on 5/13/2024 by MarketBeat.com Staff

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