Bank of Marin Bancorp (BMRC) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $25.19 to $25.93
• 50-Day Range: $19.26 to $26.57
• 52-Week Range: $14.11 to $26.94
• Volume: 44,647 shs
• Average Volume: 67,229 shs
• Market Capitalization: $410.84 million
• P/E Ratio: N/A
• Dividend Yield: 3.91%
• Price Target: $21.00
• Consensus Rating: Moderate Buy

Bank of Marin Bancorp Stock Analysis - MarketRank™

Bank of Marin Bancorp scored higher than 62% of companies evaluated by MarketBeat, and ranked 491st out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Bank of Marin Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Bank of Marin Bancorp has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 68.18%

Earnings Growth

Earnings for Bank of Marin Bancorp are expected to grow by 68.18% in the coming year, from $0.88 to $1.48 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bank of Marin Bancorp is -29.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bank of Marin Bancorp is -29.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Bank of Marin Bancorp has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.71% of the outstanding shares of Bank of Marin Bancorp have been sold short.

Short Interest Ratio / Days to Cover

Bank of Marin Bancorp has a short interest ratio ("days to cover") of 7.5.

Change versus previous month

Short interest in Bank of Marin Bancorp has recently decreased by 12.33%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

Bank of Marin Bancorp is a leading dividend payer. It pays a dividend yield of 3.81%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Bank of Marin Bancorp has been increasing its dividend for 18 years.

Dividend Sustainability

Based on earnings estimates, Bank of Marin Bancorp will have a dividend payout ratio of 67.57% next year. This indicates that Bank of Marin Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.71% of the outstanding shares of Bank of Marin Bancorp have been sold short.

Short Interest Ratio / Days to Cover

Bank of Marin Bancorp has a short interest ratio ("days to cover") of 7.5.

Change versus previous month

Short interest in Bank of Marin Bancorp has recently decreased by 12.33%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.88

News Sentiment

Bank of Marin Bancorp has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Bank of Marin Bancorp this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 1 people have added Bank of Marin Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bank of Marin Bancorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.72% of the stock of Bank of Marin Bancorp is held by insiders.

Percentage Held by Institutions

52.26% 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.

BMRC Stock Analysis - Frequently Asked Questions

How have BMRC shares performed this year?

Bank of Marin Bancorp's stock was trading at $22.02 on January 1st, 2024. Since then, BMRC shares have increased by 16.0% and is now trading at $25.55.
View the best growth stocks for 2024 here.

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

Bank of Marin Bancorp (NASDAQ:BMRC) announced its quarterly earnings results on Monday, October, 28th. The bank reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.01. The bank had revenue of $39.21 million for the quarter, compared to analyst estimates of $27.30 million. Bank of Marin Bancorp had a positive trailing twelve-month return on equity of 3.05% and a negative net margin of 9.49%.

When did Bank of Marin Bancorp's stock split?

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

Who are Bank of Marin Bancorp's major shareholders?

Bank of Marin Bancorp's top institutional shareholders include The Manufacturers Life Insurance Company (2.88%), State Street Corp (2.26%), Geode Capital Management LLC (2.25%) and Hotchkis & Wiley Capital Management LLC (2.14%). Insiders that own company stock include Timothy D Myers, Russell A Colombo, William H Mcdevitt Jr, Kevin R Kennedy, Misako Stewart, Secil Tabli Watson, Steven I Barlow, David A Merck and Arasadi Sathis.
View institutional ownership trends.

How do I buy shares of Bank of Marin Bancorp?

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

What other stocks do shareholders of Bank of Marin Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bank of Marin Bancorp investors own include Waste Connections (WCN), American Water Works (AWK), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 10/28/2024
• Ex-Dividend for 11/14 Dividend: 11/07/2024
• Dividend Payable: 11/14/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/03/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:BMRC
• CUSIP: 06342510
• CIK: 1403475
• Web: www.bankofmarin.com
• Phone: (415) 763-4520
• Fax: 415-927-8920
• Employees: 321
• Year Founded: 1990

Price Target and Rating

• Average Stock Price Target: $21.00
• High Stock Price Target: $24.00
• Low Stock Price Target: $16.00
• Potential Upside/Downside: -17.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.86)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 29.03
• P/E Growth: N/A
• Net Income: $19.90 million
• Net Margins: -9.49%
• Pretax Margin: -15.88%
• Return on Equity: 3.05%
• Return on Assets: 0.35%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.71
• Quick Ratio: 0.71

Sales & Book Value

• Annual Sales: $144.48 million
• Price / Sales: 2.84
• Cash Flow: $2.08 per share
• Price / Cash Flow: 12.29
• Book Value: $27.20 per share
• Price / Book: 0.94

Miscellaneous

• Outstanding Shares: 16,080,000
• Free Float: 15,163,000
• Market Cap: $410.84 million
• Optionable: Optionable
• Beta: 0.90