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

4 Wall Street equities 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 equities research analysts is that investors should "moderate buy" BMRC shares.
View BMRC analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued 1-year price targets for Bank of Marin Bancorp's stock. 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 40.6% from the stock's current price.
View analysts price targets for BMRC or view top-rated stocks among Wall Street analysts.

Bank of Marin Bancorp's stock was trading at $32.88 at the start of the year. Since then, BMRC shares have decreased by 45.4% and is now trading at $17.96.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our BMRC earnings forecast.

Bank of Marin Bancorp (NASDAQ:BMRC) announced its quarterly earnings results on Monday, July, 24th. The bank reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.17. The bank had revenue of $37.36 million for 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 last year, the business posted $0.71 earnings per share.

Bank of Marin Bancorp declared 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 5.57%. The ex-dividend date of this dividend is Thursday, August 3rd.
Read our dividend analysis for BMRC.

ProShares Russell 2000 Dividend Growers ETF holds 419,699 shares of BMRC stock, representing 1.04% of its portfolio.

Bank of Marin Bancorp (NASDAQ:BMRC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.49%. 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.

Bank of Marin Bancorp's stock split before market open on Wednesday, November 28th 2018. The 2-1 split was announced on Monday, October 22nd 2018. The newly minted shares were distributed 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.

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.

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).

Bank of Marin Bancorp trades on the NASDAQ under the ticker symbol "BMRC."

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.
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One share of BMRC stock can currently be purchased for approximately $17.96.

Bank of Marin Bancorp (NASDAQ:BMRC) has a market capitalization of $289.52 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.

The company employs 317 workers across the globe.

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.