NASDAQ:BMRCBank of Marin Bancorp Stock Price, Forecast & News

$33.06

-0.94 (-2.76 %)

(As of 05/29/2020 11:58 AM ET)

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Today's Range

$32.76

Now: $33.06▼

$34.20

50-Day Range

$28.16

MA: $31.25▼

$36.10

52-Week Range

$23.80

Now: $33.06▼

$47.77

Volume914 shs

Average Volume44,114 shs

Market Capitalization$448.62 million

P/E Ratio13.33

Dividend Yield2.63%

Beta0.83

Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to professionals, small and middle-market businesses, individuals, and not-for-profit organizations in California, the United States. The company offers personal and business checking and savings accounts; and time certificates of deposit, individual retirement accounts, health savings accounts, and demand deposit marketplace accounts, as well as 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 card and cash management services; credit cards; mobile deposit, remote deposit capture, automated clearing house, and image lockbox services, as well as wire transfers; fraud detection tools; and valet pick-up service for non-cash deposits. Further, it provides wealth management and trust services comprising customized investment portfolio management, trust administration, estate settlement, and custody services, as well as 401(k) plan services; and automated teller machines, and telephone and Internet banking services. The company operates 23 offices in Marin, Sonoma, San Francisco, Napa, and Alameda counties. Bank of Marin Bancorp was founded in 1989 and is headquartered in Novato, California.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Bank of Marin Bancorp.

2.2 Community Rank

Outperform Votes
Bank of Marin Bancorp has received 261 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Bank of Marin Bancorp has received 323 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Bank of Marin Bancorp has received 55.31% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Bank of Marin Bancorp and other stocks. Vote “Outperform” if you believe BMRC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BMRC will underperform the S&P 500 over the long term. You may vote once every thirty days.

5.0 Dividend Strength

Dividend Leadership
Bank of Marin Bancorp is a leading dividend payer. It pays a dividend yield of 2.63%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Bank of Marin Bancorp has been increasing its dividend for 11 years.
Dividend Coverage
The dividend payout ratio of Bank of Marin Bancorp is 37.10 %. 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 49.20 % next year. This indicates that Bank of Marin Bancorp will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bank of Marin Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $199,160.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 5.29% of the stock of Bank of Marin Bancorp is held by insiders.
Percentage Held by Institutions
43.09% 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.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Bank of Marin Bancorp are expected to decrease by -8.78% in the coming year, from $2.05 to $1.87 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bank of Marin Bancorp is 13.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bank of Marin Bancorp is 13.33, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.16.
Price to Book Value per Share Ratio
Bank of Marin Bancorp has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.49 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:BMRC

Previous Symbol

CUSIP06342510

CIK1403475

Webwww.bankofmarin.com

Phone415-763-4520

Debt

Debt-to-Equity Ratio0.08

Current Ratio0.88

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio13.33

Forward P/E Ratio16.13

P/E GrowthN/A

Sales & Book Value

Annual Sales$109.52 million

Price / Sales4.10

Cash Flow$2.71 per share

Price / Cash Flow12.18

Book Value$25.49 per share

Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)$2.48

Net Income$34.24 million

Net Margins30.53%

Return on Equity10.12%

Return on Assets1.30%

Miscellaneous

Employees296

Outstanding Shares13,570,000

Market Cap$448.62 million

Next Earnings Date7/27/2020 (Estimated)

OptionableNot Optionable

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Bank of Marin Bancorp (NASDAQ:BMRC) Frequently Asked Questions

How has Bank of Marin Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Bank of Marin Bancorp's stock was trading at $32.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BMRC shares have increased by 0.8% and is now trading at $33.06. View which stocks have been most impacted by Coronavirus.

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

Bank of Marin Bancorp is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Bank of Marin Bancorp.

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

Bank of Marin Bancorp (NASDAQ:BMRC) posted its quarterly earnings results on Monday, April, 20th. The bank reported $0.53 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.51 by $0.02. The bank had revenue of $27.24 million for the quarter, compared to the consensus estimate of $25.67 million. Bank of Marin Bancorp had a return on equity of 10.12% and a net margin of 30.53%. View Bank of Marin Bancorp's earnings history.

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

Bank of Marin Bancorp declared a quarterly dividend on Friday, April 17th. Stockholders of record on Friday, May 1st will be given a dividend of $0.23 per share on Friday, May 8th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, April 30th. View Bank of Marin Bancorp's dividend history.

When did Bank of Marin Bancorp's stock split? How did Bank of Marin Bancorp's stock split work?

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

Has Bank of Marin Bancorp been receiving favorable news coverage?

News articles about BMRC stock have trended somewhat negative this week, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bank of Marin Bancorp earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutBank of Marin Bancorp.

Are investors shorting Bank of Marin Bancorp?

Bank of Marin Bancorp saw a drop in short interest in May. As of May 15th, there was short interest totaling 211,500 shares, a drop of 7.6% from the April 30th total of 228,800 shares. Based on an average trading volume of 41,500 shares, the short-interest ratio is currently 5.1 days. Approximately 1.8% of the company's stock are sold short. View Bank of Marin Bancorp's Current Options Chain.

Who are some of Bank of Marin Bancorp's key competitors?

Some companies that are related to Bank of Marin Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors.

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 key executives?

Bank of Marin Bancorp's management team includes the following people:

Mr. Russell A. Colombo, Pres, CEO & Director (Age 66)
Mr. James S. Kimball, Exec. VP & COO - Bank of Marin (Age 54)
Elizabeth H. Reizman, Exec. VP & Chief Credit Officer - Bank of Marin (Age 60)
Mr. Peter Pelham, Exec. VP of Retail Banking - Bank of Marin (Age 62)
Mr. Timothy D. Myers, Exec. VP of Commercial Banking - Bank of Marin (Age 48)

What is Bank of Marin Bancorp's stock symbol?

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

Who are Bank of Marin Bancorp's major shareholders?

Bank of Marin Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.68%), The Manufacturers Life Insurance Company (3.33%), Alliancebernstein L.P. (2.80%), State Street Corp (2.25%), Geode Capital Management LLC (1.39%) and Confluence Investment Management LLC (0.92%). Company insiders that own Bank of Marin Bancorp stock include Elizabeth Reizman, H Robert Heller, Min Situ, Norma J Howard, Peter Pelham, Robert Gotelli, Russell A Colombo and William H Mcdevitt Jr. View institutional ownership trends for Bank of Marin Bancorp.

Which institutional investors are selling Bank of Marin Bancorp stock?

BMRC stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Morgan Stanley, BlackRock Inc., The Manufacturers Life Insurance Company , UBS Group AG, Parametric Portfolio Associates LLC, AQR Capital Management LLC, and Confluence Investment Management LLC. Company insiders that have sold Bank of Marin Bancorp company stock in the last year include H Robert Heller, Min Situ, Norma J Howard, Peter Pelham, Robert Gotelli, and Russell A Colombo. View insider buying and selling activity for Bank of Marin Bancorp.

Which institutional investors are buying Bank of Marin Bancorp stock?

BMRC stock was bought by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Two Sigma Investments LP, Assenagon Asset Management S.A., Nuveen Asset Management LLC, Los Angeles Capital Management & Equity Research Inc., Advisor Group Holdings Inc., JPMorgan Chase & Co., and WINTON GROUP Ltd. View insider buying and selling activity for Bank of Marin Bancorp.

How do I buy shares of Bank of Marin Bancorp?

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

What is Bank of Marin Bancorp's stock price today?

One share of BMRC stock can currently be purchased for approximately $33.06.

How big of a company is Bank of Marin Bancorp?

Bank of Marin Bancorp has a market capitalization of $448.62 million and generates $109.52 million in revenue each year. The bank earns $34.24 million in net income (profit) each year or $2.48 on an earnings per share basis. Bank of Marin Bancorp employs 296 workers across the globe.

What is Bank of Marin Bancorp's official website?

The official website for Bank of Marin Bancorp is www.bankofmarin.com.

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 bank can be reached via phone at 415-763-4520 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff