What is DA Davidson's Forecast for BMRC Q1 Earnings?

Bank of Marin Bancorp (NASDAQ:BMRC - Free Report) - Investment analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Bank of Marin Bancorp in a report released on Tuesday, January 28th. DA Davidson analyst J. Rulis anticipates that the bank will post earnings per share of $0.32 for the quarter. DA Davidson currently has a "Buy" rating and a $24.00 target price on the stock. The consensus estimate for Bank of Marin Bancorp's current full-year earnings is $1.60 per share.

BMRC has been the topic of several other research reports. Keefe, Bruyette & Woods upped their price target on shares of Bank of Marin Bancorp from $26.00 to $30.00 and gave the stock an "outperform" rating in a report on Wednesday, December 4th. Stephens restated an "overweight" rating and issued a $30.00 price objective on shares of Bank of Marin Bancorp in a research report on Wednesday. Finally, StockNews.com upgraded shares of Bank of Marin Bancorp from a "sell" rating to a "hold" rating in a research report on Friday.

Bank of Marin Bancorp Stock Performance

Bank of Marin Bancorp stock traded up $0.10 during midday trading on Wednesday, reaching $25.27. 51,081 shares of the stock were exchanged, compared to its average volume of 48,113. Bank of Marin Bancorp has a 52 week low of $14.11 and a 52 week high of $27.11. The firm has a market cap of $406.34 million, a PE ratio of -48.60 and a beta of 0.93. The company's fifty day moving average is $24.20 and its 200-day moving average is $22.30.

Bank of Marin Bancorp (NASDAQ:BMRC - Get Free Report) last announced its quarterly earnings results on Monday, January 27th. The bank reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.06. Bank of Marin Bancorp had a positive return on equity of 3.33% and a negative net margin of 5.52%. During the same quarter in the previous year, the firm earned $0.04 EPS.

Hedge Funds Weigh In On Bank of Marin Bancorp

Large investors have recently modified their holdings of the company. Quantbot Technologies LP bought a new position in Bank of Marin Bancorp during the third quarter valued at approximately $74,000. SG Americas Securities LLC bought a new position in shares of Bank of Marin Bancorp during the 3rd quarter valued at $122,000. Angel Oak Capital Advisors LLC purchased a new position in Bank of Marin Bancorp in the 4th quarter worth $214,000. Ballentine Partners LLC bought a new stake in Bank of Marin Bancorp in the fourth quarter worth $214,000. Finally, XTX Topco Ltd purchased a new stake in Bank of Marin Bancorp during the second quarter valued at about $168,000. 52.26% of the stock is owned by hedge funds and other institutional investors.

Bank of Marin Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 13th. Stockholders of record on Thursday, February 6th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a $1.00 annualized dividend and a dividend yield of 3.96%. Bank of Marin Bancorp's dividend payout ratio (DPR) is presently -192.30%.

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.