NASDAQ:BMRC

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

$17.90

-0.30 (-1.65%)

(As of 10/3/2023 ET)

Compare

Today's Range: $17.79
▼
$18.14
50-Day Range: $18.15
▼
$21.67
52-Week Range: $12.89
▼
$36.78

Volume: 52,206 shs
Average Volume: 91,048 shs
Market Capitalization: $288.55 million

P/E Ratio: 7.34
Dividend Yield: 5.59%
Price Target: $25.25

Bank of Marin Bancorp MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 41.1% Upside
$25.25 Price Target
Short Interest: Healthy
4.25% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 1.34%
From $1.49 to $1.51 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.92 out of 5 stars

Finance Sector

100th out of 872 stocks

State Commercial Banks Industry

24th out of 181 stocks

3.3

Analyst's Opinion

Consensus Rating
Bank of Marin Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.25, Bank of Marin Bancorp has a forecasted upside of 41.1% from its current price of $17.90.
Amount of Analyst Coverage
Bank of Marin Bancorp has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.25% of the outstanding shares of Bank of Marin Bancorp have been sold short.
Short Interest Ratio / Days to Cover
Bank of Marin Bancorp has a short interest ratio ("days to cover") of 9.3.
Change versus previous month
Short interest in Bank of Marin Bancorp has recently decreased by 2.07%, indicating that investor sentiment is improving.

5.0

Dividend Strength

Dividend Leadership
Bank of Marin Bancorp is a leading dividend payer. It pays a dividend yield of 5.47%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Bank of Marin Bancorp has been increasing its dividend for 17 years.
Dividend Coverage
The dividend payout ratio of Bank of Marin Bancorp is 40.98%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Bank of Marin Bancorp will have a dividend payout ratio of 66.23% next year. This indicates that Bank of Marin Bancorp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BMRC.

2.7

News and Social Media Coverage

News Sentiment
Bank of Marin Bancorp has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.
MarketBeat Follows
Only 1 people have added Bank of Marin Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bank of Marin Bancorp insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.12% of the stock of Bank of Marin Bancorp is held by insiders.
Percentage Held by Institutions
55.17% of the stock of Bank of Marin Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Bank of Marin Bancorp are expected to grow by 1.34% in the coming year, from $1.49 to $1.51 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bank of Marin Bancorp is 7.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bank of Marin Bancorp is 7.34, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 63.43.
Price to Book Value per Share Ratio
Bank of Marin Bancorp has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Bank of Marin Bancorp (NASDAQ:BMRC) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

BMRC Stock News Headlines

September 5, 2023 | msn.com

Bank Of Marin Bancorp Has Room To Run

September 1, 2023 | msn.com

Bank of Marin Bancorp: Despite The Cut In Valuation, It Still Seems Expensive

October 3, 2023 | Behind the Markets (Ad)

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August 26, 2023 | finance.yahoo.com

Bank of Marin Bancorp (NASDAQ:BMRC) is favoured by institutional owners who hold 52% of the company

August 2, 2023 | finance.yahoo.com

Bank of Marin joins hiring spree out of First Republic Bank

August 2, 2023 | finance.yahoo.com

Bank of Marin Bancorp Announces Executive Leadership Changes

July 30, 2023 | finance.yahoo.com

Be Sure To Check Out Bank of Marin Bancorp (NASDAQ:BMRC) Before It Goes Ex-Dividend

July 28, 2023 | markets.businessinsider.com

Analyst Expectations for Bank of Marin's Future

October 3, 2023 | Behind the Markets (Ad)

U.S. Loses to China in Shocking WAR GAMES

July 27, 2023 | finance.yahoo.com

Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25

July 27, 2023 | nasdaq.com

DA Davidson Maintains Bank of Marin Bancorp (BMRC) Neutral Recommendation

July 27, 2023 | finance.yahoo.com

Bank of Marin Bancorp (NASDAQ:BMRC) Q2 2023 Earnings Call Transcript

July 25, 2023 | finance.yahoo.com

Q2 2023 Bank of Marin Bancorp Earnings Call

July 24, 2023 | msn.com

Bank of Marin (BMRC) Reports Q2 Earnings: What Key Metrics Have to Say

July 24, 2023 | finance.yahoo.com

Bank of Marin Bancorp Reports Second Quarter Earnings of $4.6 Million

July 23, 2023 | markets.businessinsider.com

Here's what to expect from Bank Of Marin Bancorp's earnings report

July 7, 2023 | finance.yahoo.com

Bank of Marin Bancorp to Webcast Q2 Earnings on Monday, July 24, 2023, at 8:30 a.m. PT

June 6, 2023 | finance.yahoo.com

Bank of Marin Bancorp (NASDAQ:BMRC) shareholders have endured a 49% loss from investing in the stock five years ago

June 6, 2023 | msn.com

Bank of Marin: Its Solid Fundamentals Can Navigate The Rugged Market

May 31, 2023 | seekingalpha.com

BMRC Bank of Marin Bancorp

May 5, 2023 | uk.finance.yahoo.com

Independent Chairman of the Board of Bank of Marin Bancorp Picks Up 26% More Stock

May 5, 2023 | finance.yahoo.com

Independent Chairman of the Board of Bank of Marin Bancorp Picks Up 26% More Stock \

May 3, 2023 | msn.com

Insiders Buying Bank of Marin Bancorp And 2 Other Stocks

May 2, 2023 | msn.com

Keefe, Bruyette & Woods Maintains Bank of Marin Bancorp (BMRC) Outperform Recommendation

May 1, 2023 | markets.businessinsider.com

KBW Remains a Buy on Bank Of Marin Bancorp (BMRC)

April 28, 2023 | finance.yahoo.com

Why Bank of Marin Bancorp Stock Was Having Such a Lousy Week

April 26, 2023 | msn.com

Stephens & Co. Maintains Bank of Marin Bancorp (BMRC) Equal-Weight Recommendation

See More Headlines

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BMRC Company Calendar

Last Earnings: 7/24/2023
Ex-Dividend for 8/11 Dividend: 8/03/2023
Dividend Payable: 8/11/2023
Today: 10/03/2023
Next Earnings (Estimated): 10/23/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: Regional Banks
Sector: Finance
Current Symbol: NASDAQ:BMRC
CUSIP: 06342510
CIK: 1403475
Web: www.bankofmarin.com
Phone: (415) 763-4520
Fax: 415-927-8920
Employees: 317
Year Founded: 1990

Price Target and Rating

Average Stock Price Forecast: $25.25
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $21.00
Forecasted Upside/Downside: +38.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.44
Trailing P/E Ratio: 7.46
Forward P/E Ratio: 12.21
P/E Growth: N/A
Net Income: $46.59 million
Net Margins: 26.43%
Pretax Margin: 35.91%
Return on Equity: 9.39%
Return on Assets: 0.93%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.60
Quick Ratio: 0.60

Sales & Book Value

Annual Sales: $140.95 million
Price / Sales: 2.08
Cash Flow: $3.70 per share
Price / Cash Flow: 4.92
Book Value: $25.71 per share
Price / Book: 0.71

Miscellaneous

Outstanding Shares: 16,120,000
Free Float: 15,295,000
Market Cap: $293.38 million
Optionable: Not Optionable
Beta: 0.73

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Key Executives

Mr. Timothy D. Myers (Age 52)
Pres, CEO & Director
Comp: $977.63k

Ms. Tani Girton (Age 63)
Exec. VP & CFO
Comp: $608.17k

Ms. Nicolette Sloan (Age 55)
Exec. VP and Head of Growth & Strategy
Comp: $534.25k

Ms. Misako Stewart (Age 54)
Exec. VP & Chief Credit Officer of Bank of Marin
Comp: $550.25k

Mr. Sathis Arasadi
Chief Information Officer

Ms. Boo Wilson
Chief Marketing Officer

Mr. Patrick J. London (Age 65)
Exec. VP & Director of Private Banking

Ms. Deborah Hoke Smith
Sr. VP & Director of Wealth Management & Trust, AIF

Mr. David Bloom
Exec. VP & Head of Commercial Banking

Mr. David A. Merck (Age 60)
First VP & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BMRC Stock - Frequently Asked Questions

Should I buy or sell Bank of Marin Bancorp stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bank of Marin Bancorp in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BMRC shares.
View BMRC analyst ratings or view top-rated stocks.
What is Bank of Marin Bancorp's stock price forecast for 2023?: 4 brokerages have issued 12-month price objectives for Bank of Marin Bancorp's shares. Their BMRC share price forecasts range from $21.00 to $35.00. On average, they anticipate the company's stock price to reach $25.25 in the next year. This suggests a possible upside of 38.7% 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 2023?: Bank of Marin Bancorp's stock was trading at $32.88 at the start of the year. Since then, BMRC stock has decreased by 44.6% and is now trading at $18.20.
View the best growth stocks for 2023 here.
When is Bank of Marin Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our BMRC earnings forecast.
How were Bank of Marin Bancorp's earnings last quarter?: Bank of Marin Bancorp (NASDAQ:BMRC) posted its earnings results on Monday, July, 24th. The bank reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.45 by $0.17. The bank earned $37.36 million during the quarter, compared to the consensus estimate of $29.10 million. Bank of Marin Bancorp had a net margin of 26.43% and a trailing twelve-month return on equity of 9.39%. During the same period in the prior year, the company posted $0.71 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 Friday, July 21st. Stockholders of record on Friday, August 4th will be given a dividend of $0.25 per share on Friday, August 11th. This represents a $1.00 annualized dividend and a yield of 5.49%. The ex-dividend date is Thursday, August 3rd.
Read our dividend analysis for BMRC.
What ETF holds Bank of Marin Bancorp's stock ?: ProShares Russell 2000 Dividend Growers ETF holds 419,699 shares of BMRC stock, representing 1.04% of its portfolio.
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 5.47%. 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 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 40.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMRC will have a dividend payout ratio of 66.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BMRC.

When did Bank of Marin Bancorp's stock split?: Bank of Marin Bancorp shares split on the morning of Wednesday, November 28th 2018. The 2-1 split was announced on Monday, October 22nd 2018. The newly issued shares were distributed to shareholders after the market closes 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).
What is Bank of Marin Bancorp's stock symbol?: Bank of Marin Bancorp trades on the NASDAQ under the ticker symbol "BMRC."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Bank of Marin Bancorp's stock price today?: One share of BMRC stock can currently be purchased for approximately $18.20.
How much money does Bank of Marin Bancorp make?: Bank of Marin Bancorp (NASDAQ:BMRC) has a market capitalization of $293.38 million and generates $140.95 million in revenue each year. The bank earns $46.59 million in net income (profit) each year or $2.44 on an earnings per share basis.
How many employees does Bank of Marin Bancorp have?: The company employs 317 workers across the globe.
How can I contact Bank of Marin Bancorp?: Bank of Marin Bancorp's mailing address is 504 Redwood Blvd.Suite 100, Novato CA, 94947. The official website for the company is www.bankofmarin.com. The bank can be reached via phone at (415) 763-4520, via email at nancyboatright@bankofmarin.com, or via fax at 415-927-8920.

This page (NASDAQ:BMRC) was last updated on 10/3/2023 by MarketBeat.com Staff

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