DA Davidson Issues Negative Estimate for BMRC Earnings

Bank of Marin Bancorp (NASDAQ:BMRC - Free Report) - Research analysts at DA Davidson reduced their Q2 2025 earnings estimates for Bank of Marin Bancorp in a report issued on Friday, June 27th. DA Davidson analyst J. Rulis now expects that the bank will post earnings of $0.34 per share for the quarter, down from their previous forecast of $0.35. The consensus estimate for Bank of Marin Bancorp's current full-year earnings is $1.61 per share. DA Davidson also issued estimates for Bank of Marin Bancorp's FY2025 earnings at $1.36 EPS and FY2026 earnings at $1.59 EPS.

Bank of Marin Bancorp (NASDAQ:BMRC - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The bank reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). The firm had revenue of $35.24 million for the quarter, compared to analysts' expectations of $27.99 million. Bank of Marin Bancorp had a positive return on equity of 3.77% and a negative net margin of 4.20%.

Separately, Stephens reaffirmed an "overweight" rating and set a $26.00 price objective on shares of Bank of Marin Bancorp in a research note on Tuesday, April 29th.

Bank of Marin Bancorp Price Performance

NASDAQ BMRC opened at $22.70 on Monday. The company has a fifty day moving average of $21.45 and a two-hundred day moving average of $22.59. The firm has a market capitalization of $368.19 million, a price-to-earnings ratio of -56.75 and a beta of 0.85. Bank of Marin Bancorp has a 52 week low of $15.93 and a 52 week high of $27.11.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BMRC. Elizabeth Park Capital Advisors Ltd. bought a new position in shares of Bank of Marin Bancorp in the fourth quarter worth about $5,680,000. North Reef Capital Management LP grew its holdings in shares of Bank of Marin Bancorp by 45.8% in the fourth quarter. North Reef Capital Management LP now owns 470,956 shares of the bank's stock worth $11,195,000 after purchasing an additional 148,020 shares during the last quarter. Essex Investment Management Co. LLC bought a new position in shares of Bank of Marin Bancorp in the first quarter worth about $2,934,000. Wellington Management Group LLP bought a new position in shares of Bank of Marin Bancorp in the first quarter worth about $1,668,000. Finally, Proficio Capital Partners LLC bought a new position in shares of Bank of Marin Bancorp in the fourth quarter worth about $1,374,000. 52.26% of the stock is currently owned by institutional investors.

Bank of Marin Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Thursday, May 8th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.41%. The ex-dividend date of this dividend was Thursday, May 8th. Bank of Marin Bancorp's payout ratio is presently -250.00%.

Bank of Marin Bancorp Company Profile

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.

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