Bank of Marin BancorpBMRC

NasdaqFinanceState Commercial Banks
Price (close)
$27.91
Market cap
$451.8M
P/E
—
Revenue (TTM)
$62.2M
Net income
-$14.3M
Dividend yield
3.58%
1-year total return
18.2%
Net margin
-22.9%
Revenue growth
-32.1%
Debt / equity
—

What Bank of Marin Bancorp does.

Bank of Marin (the “Bank”) was incorporated in August 1989, received its charter from the California Superintendent of Banks (now the Department of Financial Protection and Innovation or "DFPI") and commenced operations in January 1990. The Bank is an insured bank by the Federal Deposit Insurance Corporation (“FDIC”). Bank of Marin Bancorp ("Bancorp") was formed in 2007 and the Bank became its sole subsidiary when each share of Bank common stock was exchanged for one share of Bancorp common stock. Bancorp is listed on the Nasdaq Stock Market under the symbol BMRC. Upon formation of the holding company, Bancorp became subject to regulation under the Bank Holding Company Act of 1956, as amended, and reporting and examination requirements by the Board of Governors of the Federal Reserve System ("Federal Reserve"). Bancorp files periodic reports and proxy statements with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended.

References in this report to “Bancorp” or the "Company" mean Bank of Marin Bancorp, parent holding company for the Bank. References to “we,” “our,” “us” mean the holding company and the Bank that are consolidated for financial reporting purposes.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$105.2M$115.1M$138.4M$105.3M$70.2M$29.4M
Net income$30.2M$33.2M$46.6M$19.9M-$8.4M-$35.7M
Free cash flow$39.9M$44.2M$53.0M$33.9M$27.8M$37.3M

More on BMRC.

Figures from Bank of Marin Bancorp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.