Bank of Marin Bancorp (NASDAQ:BMRC) Receives Average Rating of "Hold" from Analysts

Key Points

• Consensus: "Hold" — Six analysts give Bank of Marin an average recommendation of Hold (1 sell, 2 hold, 3 buy) with an average 12‑month price target of $30.10.
• Mixed analyst actions: notable downgrades include Wall Street Zen and Weiss cutting the stock to sell and Zacks lowering it to hold, while Piper Sandler and Stephens have stayed neutral/overweight with targets near $29–$30.50.
• Key fundamentals: shares trade around $25.46 (52‑week range $19.14–$28.48) with a market cap of ~$410.6M, a negative P/E (-11.32), and a $1.00 annualized dividend (≈3.9% yield).

Shares of Bank of Marin Bancorp (NASDAQ:BMRC - Get Free Report) have received an average recommendation of "Hold" from the six research firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $30.10.

Several research analysts have weighed in on BMRC shares. Piper Sandler reaffirmed a "neutral" rating and set a $30.50 target price on shares of Bank of Marin Bancorp in a research note on Tuesday, January 27th. Zacks Research downgraded shares of Bank of Marin Bancorp from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 9th. Stephens restated an "overweight" rating and issued a $29.00 price objective on shares of Bank of Marin Bancorp in a report on Tuesday, January 27th. Wall Street Zen cut shares of Bank of Marin Bancorp from a "hold" rating to a "sell" rating in a research report on Saturday, January 31st. Finally, Weiss Ratings downgraded shares of Bank of Marin Bancorp from a "hold (c+)" rating to a "sell (d+)" rating in a report on Monday, March 16th.

Institutional Investors Weigh In On Bank of Marin Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the company. Occudo Quantitative Strategies LP boosted its holdings in Bank of Marin Bancorp by 32.9% during the 4th quarter. Occudo Quantitative Strategies LP now owns 12,237 shares of the bank's stock valued at $318,000 after acquiring an additional 3,026 shares during the period. AQR Capital Management LLC increased its stake in Bank of Marin Bancorp by 9.3% during the fourth quarter. AQR Capital Management LLC now owns 118,137 shares of the bank's stock worth $3,073,000 after purchasing an additional 10,041 shares during the period. Price T Rowe Associates Inc. MD purchased a new stake in Bank of Marin Bancorp during the fourth quarter worth about $230,000. State of Wisconsin Investment Board lifted its position in shares of Bank of Marin Bancorp by 33.5% during the fourth quarter. State of Wisconsin Investment Board now owns 16,613 shares of the bank's stock worth $432,000 after purchasing an additional 4,172 shares in the last quarter. Finally, Blair William & Co. IL acquired a new stake in shares of Bank of Marin Bancorp during the fourth quarter worth about $204,000. Hedge funds and other institutional investors own 52.26% of the company's stock.

Bank of Marin Bancorp Price Performance

NASDAQ:BMRC opened at $25.46 on Friday. Bank of Marin Bancorp has a 52 week low of $19.14 and a 52 week high of $28.48. The stock's fifty day moving average is $25.96 and its two-hundred day moving average is $25.73. The company has a market capitalization of $410.57 million, a P/E ratio of -11.32 and a beta of 0.89. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.11.

Bank of Marin Bancorp (NASDAQ:BMRC - Get Free Report) last issued its quarterly earnings data on Friday, March 13th. The bank reported $0.59 earnings per share (EPS) for the quarter. The firm had revenue of ($39.66) million during the quarter. Bank of Marin Bancorp had a positive return on equity of 6.16% and a negative net margin of 21.76%. Equities analysts expect that Bank of Marin Bancorp will post 1.61 EPS for the current year.

Bank of Marin Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Thursday, February 5th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Thursday, February 5th. Bank of Marin Bancorp's dividend payout ratio (DPR) is currently -44.44%.

Bank of Marin Bancorp Company Profile

Bank of Marin Bancorp is the bank holding company for Bank of Marin, a community-oriented financial institution headquartered in Novato, California. Through its subsidiary, the company provides a broad range of banking services to individuals, small and medium-sized businesses, and nonprofit organizations. Its operating philosophy emphasizes personalized service and strong local relationships across the San Francisco North Bay region.

The company's core product offerings include deposit accounts such as checking, savings, money market and time certificates of deposit.

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