BMRC - Bank of Marin Bancorp Stock Price, Fair Value and News

15.07USD+0.08 (+0.53%)Market Closed

Market Summary

USD15.07+0.08

Market Closed

0.53%

BMRC Stock Price

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BMRC RSI Chart

BMRC Valuation

Market Cap

244.0M

Price/Earnings (Trailing)

12.27

Price/Sales (Trailing)

1.75

EV/EBITDA

1.74

Price/Free Cashflow

7.2

BMRC Price/Sales (Trailing)

BMRC Profitability

EBT Margin

18.66%

Return on Equity

4.53%

Return on Assets

0.52%

Free Cashflow Yield

13.9%

BMRC Fundamentals

BMRC Revenue

Revenue (TTM)

139.5M

Rev. Growth (Yr)

3.57%

Rev. Growth (Qtr)

0.91%

BMRC Earnings

Earnings (TTM)

19.9M

Earnings Growth (Yr)

-95.27%

Earnings Growth (Qtr)

-88.49%

Breaking Down BMRC Revenue

Last 7 days

-3.3%

Last 30 days

-10.6%

Last 90 days

-25.1%

Trailing 12 Months

-25.0%

How does BMRC drawdown profile look like?

BMRC Financial Health

Debt/Equity

0.06

Debt/Cashflow

1.36

BMRC Investor Care

Dividend Yield

6.64%

Dividend/Share (TTM)

Shares Dilution (1Y)

0.85%

Diluted EPS (TTM)

1.24

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	133.9M	136.7M	138.3M	139.5M
2022	115.0M	121.8M	127.1M	130.0M
2021	98.1M	98.1M	101.2M	108.4M
2020	100.9M	100.9M	100.8M	99.6M
2019	97.6M	99.1M	100.2M	100.4M
2018	81.0M	85.7M	90.7M	95.1M
2017	74.3M	75.0M	74.4M	76.6M
2016	71.5M	72.4M	74.8M	75.4M
2015	71.5M	70.0M	69.4M	69.4M
2014	63.8M	67.6M	71.2M	72.8M
2013	64.1M	61.9M	60.7M	60.6M
2012	69.0M	67.8M	66.1M	65.8M
2011	63.6M	66.2M	67.8M	69.1M
2010	0	60.3M	60.8M	61.4M
2009	0	0	0	59.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Bank of Marin Bancorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 27, 2024	campbell brandi	sold (taxes)	-1,616	16.67	-97.00	executive vice president
Mar 27, 2024	campbell brandi	back to issuer	-	-	-846	executive vice president
Mar 27, 2024	gotelli robert	back to issuer	-	-	-994	executive vice president
Mar 27, 2024	myers timothy d	sold (taxes)	-3,700	16.67	-222	president & ceo
Mar 27, 2024	myers timothy d	back to issuer	-	-	-2,219	president & ceo
Mar 27, 2024	girton tani	back to issuer	-	-	-1,606	executive vice president
Mar 27, 2024	colombo russell a	back to issuer	-	-	-4,072	-
Mar 06, 2024	gotelli robert	acquired	-	-	6,359	executive vice president
Mar 06, 2024	bloom david a	acquired	-	-	2,252	executive vice president
Mar 06, 2024	myers timothy d	acquired	-	-	30,887	president & ceo

Which funds bought or sold BMRC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Bridge City Capital, LLC	added	17.92	-21,890	192,805	0.07%
Apr 12, 2024	Riverview Trust Co	new	-	15,915	15,915	0.01%
Apr 11, 2024	Fortitude Family Office, LLC	unchanged	-	-431	1,375	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	unchanged	-	-120	386	-%
Apr 05, 2024	CWM, LLC	added	0.36	-5,000	14,000	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	added	348	42,308	51,923	-%
Mar 11, 2024	VANGUARD GROUP INC	reduced	-5.96	2,157,920	18,409,300	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	95.16	1,453,590	2,529,570	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.41	28,676	172,284	-%
Feb 15, 2024	BARCLAYS PLC	added	68.52	444,000	876,000	-%

Are Funds Buying or Selling BMRC?

Are funds buying BMRC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BMRC

No. of Funds

Unveiling Bank of Marin Bancorp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.18%	836,026	SC 13G/A
Jan 25, 2024	blackrock inc.	9.0%	1,458,913	SC 13G/A
Apr 27, 2023	devlin shawn	2.8%	448,254	SC 13D/A
Feb 09, 2023	vanguard group inc	5.44%	871,792	SC 13G/A
Jan 31, 2023	blackrock inc.	7.6%	1,220,581	SC 13G/A
Apr 06, 2022	devlin shawn	2.8%	451,506	SC 13D
Feb 09, 2022	vanguard group inc	5.65%	905,133	SC 13G/A
Feb 07, 2022	blackrock inc.	7.4%	1,179,871	SC 13G/A
May 21, 2021	fleming stephen a	-	0	SC 13D/A
May 12, 2021	fleming stephen a	8.2%	1,098,255	SC 13D/A

Recent SEC filings of Bank of Marin Bancorp

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	DEF 14A	DEF 14A
Apr 05, 2024	8-K	Current Report
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 14, 2024	10-K	Annual Report
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading

Peers (Alternatives to Bank of Marin Bancorp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	526.7B	171.1B	-3.91%	31.81%	10.63	3.08	60.72%	31.52%
BAC	283.0B	130.3B	1.52%	21.78%	10.67	2.17	79.51%	-3.68%
WFC	203.8B	85.7B	-0.94%	43.72%	10.65	2.38	41.49%	39.96%
C	111.9B	133.3B	1.65%	18.16%	12.13	0.84	79.09%	-
CFG	15.1B	10.2B	-1.49%	13.37%	9.41	1.48	44.53%	-22.43%
KEY	13.5B	7.9B	-0.41%	19.27%	13.93	1.7	46.47%	-49.56%
MID-CAP
CMA	6.7B	4.2B	2.75%	17.44%	7.65	1.61	56.25%	-23.46%
ZION	6.0B	3.9B	1.56%	34.92%	8.8	1.52	45.91%	-25.03%
ABCB	3.1B	1.3B	-1.16%	34.79%	11.56	2.43	43.24%	-22.35%
ASB	3.1B	2.0B	0.10%	12.49%	16.74	1.56	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	25.23%	-24.02%
ALRS	396.1M	164.9M	-4.97%	29.15%	33.87	2.4	42.66%	-70.76%
AROW	365.2M	162.6M	-7.04%	-2.86%	12.14	2.25	25.39%	-38.37%
ACNB	276.1M	96.6M	-8.72%	5.46%	8.71	2.86	11.02%	-11.37%
ASRV	39.4M	60.9M	-11.88%	-26.28%	-11.79	0.65	24.06%	-144.92%

Bank of Marin Bancorp News

Latest updates

Bank of Marin Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.9%	35.00	35.00	35.00	34.00	34.00	34.00	32.00	30.00	31.00	28.00	25.00	24.00	24.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00
EBITDA Margin	-11.9%	0.99*	1.12*	1.28*	1.43*	1.48*	1.46*	1.40*	1.41*	1.40*	1.41*	1.45*	1.42*	-	-	-	-	-	-	-	-	-
Interest Expenses	-100.0%	-	24.00	24.00	30.00	33.00	33.00	31.00	30.00	31.00	28.00	25.00	22.00	24.00	25.00	24.00	24.00	24.00	24.00	24.00	24.00	23.00
Income Taxes	-113.6%	-0.22	2.00	1.00	3.00	5.00	4.00	4.00	4.00	4.00	2.00	3.00	3.00	3.00	2.00	3.00	2.00	3.00	3.00	3.00	3.00	3.00
Earnings Before Taxes	-94.3%	0.00	7.00	6.00	13.00	18.00	17.00	15.00	14.00	14.00	7.00	13.00	12.00	11.00	10.00	10.00	10.00	12.00	12.00	11.00	10.00	13.00
EBT Margin	-40.4%	0.19*	0.31*	0.39*	0.46*	0.49*	0.47*	0.41*	0.41*	0.41*	0.42*	0.46*	0.44*	-	-	-	-	-	-	-	-	-
Net Income	-88.5%	1.00	5.00	5.00	9.00	13.00	12.00	11.00	10.00	10.00	5.00	9.00	9.00	8.00	7.00	7.00	7.00	9.00	9.00	8.00	7.00	10.00
Net Income Margin	-38.7%	0.14*	0.23*	0.29*	0.34*	0.36*	0.34*	0.30*	0.30*	0.31*	0.31*	0.35*	0.33*	-	-	-	-	-	-	-	-	-
Free Cashflow	-94.2%	1.00	13.00	8.00	12.00	15.00	19.00	8.00	11.00	13.00	12.00	7.00	12.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-5.7%	3,804	4,036	4,092	4,135	4,147	4,349	4,327	4,330	4,314	4,261	3,074	3,058	2,900	2,975	3,182	2,698	2,707	2,592	2,464	2,534	2,521
Cash Equivalents	-75.3%	30.00	123	40.00	38.00	45.00	186	116	171	348	585	258	143	200	214	398	156	183	182	59.00	52.00	34.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.00	5.00	6.00	6.00	6.00	7.00	7.00	7.00
Goodwill	0%	73.00	73.00	73.00	73.00	73.00	73.00	73.00	73.00	73.00	73.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00
Liabilities	-7.0%	3,365	3,617	3,668	3,705	3,735	3,952	3,917	3,910	3,864	3,803	2,725	2,708	2,554	2,618	2,829	2,352	2,370	2,259	2,136	2,213	2,204
Long Term Debt	-78.1%	26.00	120	293	406	112	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	4.9%	439	419	424	430	412	397	410	420	450	459	349	350	358	358	352	346	337	333	328	321	316
Retained Earnings	-1.2%	275	278	277	276	271	262	254	247	240	234	232	226	220	216	212	207	203	197	190	185	180
Shares Outstanding	0.1%	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	15.00	13.00	13.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	482	-	-	-	390	-	-	-	426	-	-	-	525	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-94.1%	787	13,374	8,054	13,444	16,326	19,343	8,129	11,479	12,927	12,557	7,333	12,436	9,528	1,689	20,103	9,525	9,732	14,293	6,379	10,529	10,823
Share Based Compensation	-127.0%	-62.00	230	193	161	321	257	148	237	21.00	213	123	615	231	187	155	630	269	239	151	853	250
Cashflow From Investing	23.7%	158,205	127,881	36,231	12,374	64,934	-17,732	-28,681	-236,618	-321,742	93,241	93,610	-205,775	48,938	27,897	-248,738	-1,540	-116,229	-7,446	85,590	17,331	-76,215
Cashflow From Financing	-335.6%	-251,671	-57,780	-42,621	-33,249	-221,388	68,036	-34,444	48,399	71,717	221,398	13,781	135,838	-71,730	-213,701	470,060	-35,099	107,399	116,882	-84,851	-10,442	-43,105
Dividend Payments	0.1%	4,036	4,030	4,028	4,012	4,007	4,004	3,840	3,822	3,843	3,126	3,044	3,094	3,130	3,128	3,121	3,127	2,851	2,865	2,612	2,630	2,441
Buy Backs	-	-	-	-	-	-	-	-	877	5,273	15,902	10,754	8,792	3,875	-	-	3,333	1,878	2,726	5,644	4,640	5,576

BMRC Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income
Interest and fees on loans	$ 98,505	$ 93,868	$ 91,612
Interest on investment securities	38,660	34,766	16,342
Interest on federal funds sold and due from banks	2,329	1,407	399
Total interest income	139,494	130,041	108,353
Interest expense
Interest on interest-bearing transaction accounts	1,036	421	172
Interest on savings accounts	867	125	94
Interest on money market accounts	18,553	1,589	1,520
Interest on time accounts	4,715	323	246
Interest on borrowings and other obligations	11,562	91	9
Interest on subordinated debenture	0	0	1,361
Total interest expense	36,733	2,549	3,402
Net interest income	102,761	127,492	104,951
Provision for (reversal of) credit losses on loans	2,575	(63)	(1,449)
Reversal of credit losses on unfunded loan commitments	(342)	(318)	(992)
Net interest income after (reversal of) provision for credit losses	100,528	127,873	107,392
Non-interest income
Earnings on bank-owned life insurance, net	1,802	1,229	2,194
Dividends on Federal Home Loan Bank stock	1,265	1,056	760
Losses on sale of investment securities, net of gains	(5,893)	(63)	(16)
Other income	1,260	1,849	1,145
Total non-interest income	4,989	10,905	10,132
Non-interest expense
Salaries and employee benefits	43,448	42,046	41,939
Occupancy and equipment	8,306	7,823	7,297
Data processing	4,057	4,649	5,139
Professional services	3,598	3,299	4,974
Deposit network fees	2,783	258	26
Depreciation and amortization	2,098	1,840	1,740
Information technology	1,569	2,197	1,550
Amortization of core deposit intangible	1,350	1,489	1,135
Directors' expense	1,212	1,107	957
Federal Deposit Insurance Corporation insurance	1,878	1,179	889
Charitable contributions	717	709	587
Other real estate owned	48	359	5
Other expense	8,417	8,314	6,400
Total non-interest expense	79,481	75,269	72,638
Income before provision for income taxes	26,036	63,509	44,886
Provision for income taxes	6,141	16,923	11,658
Net income	$ 19,895	$ 46,586	$ 33,228
Net income per common share:
Basic (in dollars per share)	$ 1.24	$ 2.93	$ 2.32
Diluted (in dollars per share)	$ 1.24	$ 2.92	$ 2.30
Weighted average common shares:
Basic (in shares)	16,012	15,921	14,340
Diluted (in shares)	16,026	15,969	14,422
Comprehensive income (loss):
Net income	$ 19,895	$ 46,586	$ 33,228
Other comprehensive income (loss):
Change in net unrealized gains or losses on available-for-sale securities	20,358	(88,620)	(21,281)
Reclassification adjustment for realized losses on available-for-sale securities in net income	8,700	63	16
Reclassification adjustment for gains or losses on fair value hedges	(1,359)	0	0
Net unrealized losses on securities transferred from available-for-sale to held-to-maturity	0	(14,847)	0
Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity	1,743	1,580	493
Other comprehensive income (loss), before tax	29,442	(101,824)	(20,772)
Deferred tax expense (benefit)	8,702	(30,102)	(6,147)
Other comprehensive income (loss), net of tax	20,740	(71,722)	(14,625)
Comprehensive income (loss)	40,635	(25,136)	18,603
Wealth management and trust services
Non-interest income
Wealth management and trust services, debit card interchange fees net, service charges on deposit accounts, and merchant interchange fees net	2,145	2,227	2,222
Debit card interchange fees, net
Non-interest income
Wealth management and trust services, debit card interchange fees net, service charges on deposit accounts, and merchant interchange fees net	1,831	2,051	1,812
Service charges on deposit accounts
Non-interest income
Wealth management and trust services, debit card interchange fees net, service charges on deposit accounts, and merchant interchange fees net	2,083	2,007	1,593
Merchant interchange fees, net
Non-interest income
Wealth management and trust services, debit card interchange fees net, service charges on deposit accounts, and merchant interchange fees net	$ 496	$ 549	$ 422

About Bank of Marin Bancorp

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.

CEO	Mr. Timothy D. Myers
WEBSITE	bankofmarin.com
INDUSTRY	Banks Diversified
EMPLOYEES	317

Bank of Marin Bancorp Frequently Asked Questions

What is the ticker symbol for Bank of Marin Bancorp? What does BMRC stand for in stocks?

BMRC is the stock ticker symbol of Bank of Marin Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Bank of Marin Bancorp (BMRC)?

As of Mon Apr 15 2024, market cap of Bank of Marin Bancorp is 244.03 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BMRC stock?

You can check BMRC's fair value in chart for subscribers.

What is the fair value of BMRC stock?

You can check BMRC's fair value in chart for subscribers. The fair value of Bank of Marin Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Bank of Marin Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BMRC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Bank of Marin Bancorp a good stock to buy?

The fair value guage provides a quick view whether BMRC is over valued or under valued. Whether Bank of Marin Bancorp is cheap or expensive depends on the assumptions which impact Bank of Marin Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BMRC.

What is Bank of Marin Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, BMRC's PE ratio (Price to Earnings) is 12.27 and Price to Sales (PS) ratio is 1.75. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BMRC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Bank of Marin Bancorp's stock?

In the past 10 years, Bank of Marin Bancorp has provided -0.02 (multiply by 100 for percentage) rate of return.