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 sweep services; credit cards; mobile deposit, remote deposit capture, automated clearing house, and image lockbox services, as well as wire transfers; fraud detection tools; cash management solutions; 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:BMRC
CUSIP06342510
Phone415-763-4520
Debt
Debt-to-Equity Ratio0.02
Current Ratio0.86
Quick Ratio0.86
Price-To-Earnings
Trailing P/E Ratio26.34
Forward P/E Ratio19.77
P/E Growth2
Sales & Book Value
Annual Sales$84.86 million
Price / Sales7.12
Cash Flow$3.6986 per share
Price / Cash23.36
Book Value$42.91 per share
Price / Book2.01
Profitability
EPS (Most Recent Fiscal Year)$3.28
Net Income$15.97 million
Net Margins21.77%
Return on Equity8.79%
Return on Assets1.05%
Miscellaneous
Employees291
Outstanding Shares6,990,000
Market Cap$611.93 million
Bank of Marin Bancorp (NASDAQ:BMRC) Frequently Asked Questions
What is Bank of Marin Bancorp's stock symbol?
Bank of Marin Bancorp trades on the NASDAQ under the ticker symbol "BMRC."
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 Monday, July 23rd. Investors of record on Friday, August 3rd will be paid a dividend of $0.32 per share on Friday, August 10th. This represents a $1.28 annualized dividend and a yield of 1.48%. The ex-dividend date is Thursday, August 2nd. This is an increase from Bank of Marin Bancorp's previous quarterly dividend of $0.31. View Bank of Marin Bancorp's Dividend History.
How were Bank of Marin Bancorp's earnings last quarter?
Bank of Marin Bancorp (NASDAQ:BMRC) released its quarterly earnings results on Monday, July, 23rd. The bank reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.10. The bank earned $25.08 million during the quarter, compared to analysts' expectations of $24.61 million. Bank of Marin Bancorp had a return on equity of 8.79% and a net margin of 21.77%. View Bank of Marin Bancorp's Earnings History.
When is Bank of Marin Bancorp's next earnings date?
What price target have analysts set for BMRC?
4 analysts have issued 12 month target prices for Bank of Marin Bancorp's shares. Their predictions range from $74.00 to $88.00. On average, they anticipate Bank of Marin Bancorp's stock price to reach $84.00 in the next year. This suggests that the stock has a possible downside of 2.8%. View Analyst Price Targets for Bank of Marin Bancorp.
What is the consensus analysts' recommendation for Bank of Marin Bancorp?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Marin Bancorp in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bank of Marin Bancorp.
Who are some of Bank of Marin Bancorp's key competitors?
Some companies that are related to Bank of Marin Bancorp include Pacific Premier Bancorp (PPBI), United Community Banks (UCBI), TowneBank (TOWN), Ameris Bancorp (ABCB), ServisFirst Bancshares (SFBS), Renasant (RNST), Premier Financial Bancorp (PFBI), Heartland Financial USA (HTLF), Banner (BANR), Independent Bank Group (IBTX), Hilltop (HTH), First Bancorp (FBP), Eagle Bancorp (EGBN), S & T Bancorp (STBA) and First Busey (BUSE).
Who are Bank of Marin Bancorp's key executives?
Bank of Marin Bancorp's management team includes the folowing people:
- Mr. Russell A. Colombo, Pres, Chief Exec. Officer & Director (Age 65)
- Ms. Tani Girton, Exec. VP & CFO (Age 58)
- Mr. James S. Kimball, Exec. VP & COO (Age 53)
- Ms. Elizabeth H. Reizman, Chief Credit Officer, EVP, Chief Credit Officer - Bank of Marin and EVP - Bank of Marin (Age 59)
- Mr. Peter Pelham, Exec. VP of Retail Banking and Exec. VP of Retail Banking - Bank of Marin (Age 61)
Has Bank of Marin Bancorp been receiving favorable news coverage?
News articles about BMRC stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bank of Marin Bancorp earned a coverage optimism score of 0.18 on Accern's scale. They also assigned news coverage about the bank an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Bank of Marin Bancorp.
Who are Bank of Marin Bancorp's major shareholders?
Bank of Marin Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.04%), Dimensional Fund Advisors LP (2.73%), Renaissance Technologies LLC (1.90%), Northern Trust Corp (1.25%), Confluence Investment Management LLC (1.04%) and Millennium Management LLC (0.64%). Company insiders that own Bank of Marin Bancorp stock include Elizabeth Reizman, Leslie E Murphy, Min Situ, Peter Pelham and Russell A Colombo. 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 Millennium Management LLC, California Public Employees Retirement System, Renaissance Technologies LLC, Alpine Woods Capital Investors LLC, Systematic Financial Management LP and Russell Investments Group Ltd.. Company insiders that have sold Bank of Marin Bancorp company stock in the last year include Elizabeth Reizman, Min Situ, Peter Pelham and Russell A Colombo. View Insider Buying and Selling for Bank of Marin Bancorp.
Which institutional investors are buying Bank of Marin Bancorp stock?
BMRC stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, BlackRock Inc., Bank of America Corp DE, Acadian Asset Management LLC, Swiss National Bank, Anchor Capital Advisors LLC, Northern Trust Corp and Brouwer & Janachowski LLC. View Insider Buying and Selling 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, Scottrade, 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 $86.40.
How big of a company is Bank of Marin Bancorp?
Bank of Marin Bancorp has a market capitalization of $611.93 million and generates $84.86 million in revenue each year. The bank earns $15.97 million in net income (profit) each year or $3.28 on an earnings per share basis. Bank of Marin Bancorp employs 291 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 bank can be reached via phone at 415-763-4520 or via email at [email protected]
MarketBeat Community Rating for Bank of Marin Bancorp (NASDAQ BMRC)
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.
