Bank of Marin Bancorp (BMRC) Projected to Post Quarterly Earnings on Monday

Bank of Marin Bancorp (NASDAQ:BMRC - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Monday, April 28th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $27.99 million for the quarter.

Bank of Marin Bancorp (NASDAQ:BMRC - Get Free Report) last released its quarterly earnings results on Monday, January 27th. The bank reported $0.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.06. Bank of Marin Bancorp had a negative net margin of 5.52% and a positive return on equity of 3.33%. During the same quarter last year, the company earned $0.04 EPS. On average, analysts expect Bank of Marin Bancorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Bank of Marin Bancorp Trading Up 1.5 %

Shares of BMRC traded up $0.32 on Wednesday, reaching $21.08. 101,314 shares of the company's stock traded hands, compared to its average volume of 75,961. The stock's 50 day simple moving average is $22.27 and its two-hundred day simple moving average is $23.38. The stock has a market cap of $339.75 million, a PE ratio of -40.54 and a beta of 0.84. Bank of Marin Bancorp has a 52-week low of $14.11 and a 52-week high of $27.11.

Bank of Marin Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Thursday, February 6th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date was Thursday, February 6th. Bank of Marin Bancorp's payout ratio is -192.31%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BMRC. Stephens reiterated an "overweight" rating and issued a $30.00 target price on shares of Bank of Marin Bancorp in a research note on Wednesday, January 29th. StockNews.com upgraded Bank of Marin Bancorp from a "sell" rating to a "hold" rating in a research note on Friday, January 31st.

Bank of Marin Bancorp Company Profile

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.