Bank of Marin Bancorp (BMRC) 10-Year Financial Performance & Capital Metrics

BMRC • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingWest Coast Community Banks

AboutBank 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, professionals, not-for-profit organizations, and individuals in California, the United States. It 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. The company also provides commercial real estate, commercial and industrial, and consumer loans, as well as construction financing and home equity lines of credit. In addition, it offers merchant and payroll, and cash management services; credit cards; fraud detection tools; and mobile deposit, remote deposit capture, automated clearing house, wire transfer, and image lockbox services. Further, the company 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. It operates through 12 branch offices in Marin, southern Sonoma counties, and north of San Francisco, California; and a loan production office in San Francisco. The company was incorporated in 1989 and is headquartered in Novato, California.Show more

Net Interest Income $95M -7.9%
Total Revenue $116M -17.9%
Net Income -$8M -142.3%
Return on Equity -1.92% -141.1%
Net Interest Margin 2.56% -5.3%
Efficiency Ratio 67.27% +24.3%
ROA -0.22% -144.8%
Equity / Assets 11.76% +1.9%
Book Value per Share 27.14 -0.9%
Tangible BV/Share 22.43 -0.8%
Debt/Equity 0.05 -71.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Well capitalized: 11.8% equity/assets
✓Healthy dividend yield of 3.8%
✓Trading at only 1.0x book value

✗Weaknesses

✗Weak 3Y average ROE of 4.5%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y3.59%

5Y1.22%

3Y-0.59%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM171.5%

EPS CAGR

10Y-

5Y-

3Y-

TTM171.93%

ROCE

10Y Avg10.14%

5Y Avg7.6%

3Y Avg5.55%

Latest-2.86%

Peer Comparison

West Coast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
BCALSouthern California Bancorp	608.64M	18.83	85.59	45.45%	2.94%	11.23%	8.17%	0.17
CWBCCommunity West Bancshares	447.97M	23.38	51.96	51.89%	4.67%	6.95%	3.83%	0.56
GBCIGlacier Bancorp, Inc.	6.29B	48.39	28.80	11.64%	15.27%	6.57%	3.34%	1.18
GBFHGBank Financial Holdings Inc.	465.21M	32.36	23.28	2%	30.99%	11.8%	5.65%	0.22
BOHBank of Hawaii Corporation	2.86B	71.86	20.77	6.6%	14.57%	10.28%	5.9%	0.45
HFWAHeritage Financial Corporation	867.93M	25.56	20.61	4.64%	13.64%	6.33%	7.03%	0.47
HTBKHeritage Commerce Corp	786.28M	12.82	19.42	3.35%	16.12%	6.19%	4.75%	0.06
NRIMNorthrim BanCorp, Inc.	640.63M	29.00	17.47	23.77%	18.87%	19.99%		0.15

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	67.19M	73.16M	74.85M	91.54M	95.68M	96.66M	104.95M	127.49M	102.76M	94.66M
NII Growth %	-0.05%	0.09%	0.02%	0.22%	0.05%	0.01%	0.09%	0.21%	-0.19%	-0.08%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	69.44M	75.43M	76.6M	95.08M	100.44M	99.64M	108.35M	130.04M	139.49M	141.27M
Interest Expense	2.25M	2.27M	1.74M	3.54M	4.76M	2.98M	3.4M	2.55M	36.73M	46.61M
Loan Loss Provision	500K	-1.85M	500K	0	900K	6.16M	-2.44M	-381K	2.23M	5.32M
Non-Interest Income+	9.19M	9.16M	8.27M	10.14M	9.08M	8.55M	10.11M	10.65M	2.21M	-24.89M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	78.63M	84.59M	84.86M	105.22M	109.52M	108.19M	118.46M	140.69M	141.7M	116.39M
Revenue Growth %	-0.04%	0.08%	0%	0.24%	0.04%	-0.01%	0.09%	0.19%	0.01%	-0.18%
Non-Interest Expense	46.95M	47.69M	53.78M	58.27M	57.97M	58.46M	72.61M	75.01M	76.7M	78.29M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	28.93M	36.48M	28.84M	43.42M	45.89M	40.59M	44.89M	63.51M	26.04M	-13.84M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.08%	0.26%	-0.21%	0.51%	0.06%	-0.12%	0.11%	0.41%	-0.59%	-1.53%
Pretax Income+	28.93M	36.48M	28.84M	43.42M	45.89M	40.59M	44.89M	63.51M	26.04M	-13.84M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	10.49M	13.35M	12.86M	10.79M	11.65M	10.35M	11.66M	16.92M	6.14M	-5.43M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	18.44M	23.13M	15.98M	32.62M	34.24M	30.24M	33.23M	46.59M	19.89M	-8.41M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.07%	0.25%	-0.31%	1.04%	0.05%	-0.12%	0.1%	0.4%	-0.57%	-1.42%
Net Income (Continuing)	18.44M	23.13M	15.98M	32.62M	34.24M	30.24M	33.23M	46.59M	19.89M	-8.41M
EPS (Diluted)+	1.52	1.89	1.27	2.33	2.48	2.22	2.30	2.92	1.24	-0.52
EPS Growth %	-0.08%	0.24%	-0.33%	0.83%	0.06%	-0.1%	0.04%	0.27%	-0.58%	-1.42%
EPS (Basic)	1.55	1.91	1.29	2.35	2.51	2.24	2.32	2.93	1.24	-0.52
Diluted Shares Outstanding	12.13M	12.23M	12.55M	14.03M	13.79M	13.62M	14.42M	15.97M	16.03M	16.04M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	26.34M	48.8M	203.54M	34.22M	183.39M	200.32M	347.64M	45.42M	30.45M	137.3M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	100K	1000K
Total Investments+	1.92B	1.89B	2.15B	2.37B	2.4B	2.57B	3.74B	3.84B	3.53B	3.32B
Investments Growth %	0.15%	-0.02%	0.14%	0.1%	0.01%	0.07%	0.46%	0.03%	-0.08%	-0.06%
Long-Term Investments	1.51B	1.52B	1.81B	1.9B	1.96B	2.17B	2.57B	3.84B	3.53B	3.18B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	6.44M	6.44M	30.14M	30.14M	30.14M	30.14M	72.75M	72.75M	72.75M	72.75M
Intangible Assets	3.11M	2.58M	6.49M	5.57M	4.68M	3.83M	6.61M	5.12M	3.77M	2.79M
PP&E (Net)	9.3M	8.52M	8.61M	7.38M	17.07M	30.53M	31.16M	32.95M	28.11M	25.86M
Other Assets	0	0	0	0	0	43.55M	62.27M	67.52M	143.05M	103.78M
Total Current Assets	506.41M	490.35M	610.78M	578.75M	691.36M	629.4M	1.57B	126.49M	30.55M	273.04M
Total Non-Current Assets	1.52B	1.53B	1.86B	1.94B	2.01B	2.28B	2.75B	4.02B	3.77B	3.43B
Total Assets+	2.03B	2.02B	2.47B	2.52B	2.71B	2.91B	4.31B	4.15B	3.8B	3.7B
Asset Growth %	0.14%	-0%	0.22%	0.02%	0.07%	0.08%	0.48%	-0.04%	-0.08%	-0.03%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	-0%
Accounts Payable	16.04M	14.64M	16.72M	20M	18.47M	19.53M	29.44M	22.95M	0	0
Total Debt+	72.39M	5.59M	5.74M	9.64M	15.54M	29.9M	25.85M	251.08M	75.2M	21.66M
Net Debt	46.05M	-43.22M	-197.81M	-24.58M	-167.85M	-170.42M	-321.79M	205.65M	44.75M	-115.64M
Long-Term Debt	72.39M	5.59M	5.74M	9.64M	2.92M	2.78M	0	112M	26M	0
Short-Term Debt	0	0	0	0	0	0	0	112M	26M	0
Other Liabilities	0	0	0	0	0	0	0	-112M	-438K	24.25M
Total Current Liabilities	1.74B	1.79B	2.17B	2.19B	2.35B	2.52B	3.84B	3.71B	3.32B	3.22B
Total Non-Current Liabilities	72.39M	5.59M	5.74M	9.64M	15.54M	29.84M	25.43M	26.64M	48.47M	45.76M
Total Liabilities	1.82B	1.79B	2.17B	2.2B	2.37B	2.55B	3.86B	3.74B	3.36B	3.27B
Total Equity+	214.47M	230.56M	297.02M	316.41M	336.79M	358.25M	450.37M	412.09M	439.06M	435.41M
Equity Growth %	0.07%	0.08%	0.29%	0.07%	0.06%	0.06%	0.26%	-0.08%	0.07%	-0.01%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.09%	0.1%	0.06%	0.11%	0.1%	0.09%	0.08%	0.11%	0.05%	-0.02%
Book Value per Share	17.68	18.85	23.67	22.55	24.42	26.31	31.23	25.81	27.40	27.14
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	84.73M	87.39M	143.97M	140.56M	129.06M	125.91M	212.52M	215.06M	217.5M	215.51M
Additional Paid-in Capital	0	0	0	0	0	0	0	0	0	0
Retained Earnings	129.55M	146.46M	155.54M	179.94M	203.23M	219.75M	239.87M	270.78M	274.57M	249.96M
Accumulated OCI	193K	-3.29M	-2.49M	-4.1M	4.5M	12.6M	-2.02M	-73.75M	-53.01M	-30.07M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	23.68M	25.45M	26.95M	42.11M	40.93M	40.84M	45.25M	55.28M	35.66M	28.36M
Operating CF Growth %	0.26%	0.07%	0.06%	0.56%	-0.03%	-0%	0.11%	0.22%	-0.35%	-0.2%
Net Income	18.44M	23.13M	15.98M	32.62M	34.24M	30.24M	33.23M	46.59M	19.89M	-8.41M
Depreciation & Amortization	2.59M	2.35M	2.47M	3.06M	3.12M	3M	2.88M	3.33M	3.45M	2.44M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	259K	-1.21M	5.14M	1.53M	1.08M	10.79M	-982K	5.65M	12.25M	39.08M
Working Capital Changes	1.49M	3K	745K	2.05M	-259K	-5.68M	7.83M	-2.48M	-1.77M	-6.52M
Cash from Investing+	-263.28M	24.32M	7.81M	-225.3M	-20.75M	-173.44M	-340.67M	-218.1M	334.69M	195.17M
Purchase of Investments	-290.24M	-164.1M	-124.06M	-238.28M	-115.44M	-98.9M	-925.96M	-563.43M	-42K	-163.77M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	59.78M	0	0	0	140.58M	0	0	0
Other Investing	-86.76M	-35.93M	-56.77M	-84.6M	-79.91M	-250.45M	257.39M	159.66M	21.39M	-10.91M
Cash from Financing+	224.57M	-27.3M	119.98M	13.87M	128.99M	149.53M	442.73M	-139.4M	-385.32M	-116.69M
Dividends Paid	-5.39M	-6.22M	-6.9M	-8.86M	-10.96M	-12.51M	-13.11M	-15.67M	-16.11M	-16.2M
Share Repurchases	0	0	0	-6.87M	-15.06M	-6.9M	-40.93M	-1.29M	-70K	-4.32M
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	-1000K	0	1000K	-1000K	-172K	-1000K	1000K	-1000K	-1000K
Other Financing	177.96M	45.92M	126.88M	26.74M	162.18M	169.11M	514.87M	-234.3M	-283M	-70.02M
Net Change in Cash+	-15.02M	22.46M	154.74M	-169.32M	149.17M	16.93M	147.32M	-302.22M	-14.97M	106.85M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	41.37M	26.34M	48.8M	203.54M	34.22M	183.39M	200.32M	347.64M	45.42M	30.45M
Cash at End	26.34M	48.8M	203.54M	34.22M	183.39M	200.32M	347.64M	45.42M	30.45M	137.3M
Interest Paid	2.07M	2.13M	1.53M	2.6M	4.66M	2.95M	2.1M	2.56M	34.04M	46.36M
Income Taxes Paid	9.07M	13.37M	9.76M	8.38M	12.74M	13.06M	12.35M	13.73M	8.43M	2.25M
Free Cash Flow+	22.26M	24.41M	25.51M	41.2M	40.39M	39.86M	44.21M	53.01M	33.91M	27.84M
FCF Growth %	0.35%	0.1%	0.05%	0.61%	-0.02%	-0.01%	0.11%	0.2%	-0.36%	-0.18%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	8.9%	10.4%	6.06%	10.64%	10.48%	8.7%	8.22%	10.8%	4.67%	-1.92%
Return on Assets (ROA)	0.97%	1.14%	0.71%	1.31%	1.31%	1.08%	0.92%	1.1%	0.5%	-0.22%
Net Interest Margin	3.31%	3.62%	3.03%	3.63%	3.53%	3.32%	2.43%	3.07%	2.7%	2.56%
Efficiency Ratio	59.71%	56.38%	63.37%	55.38%	52.93%	54.03%	61.3%	53.32%	54.13%	67.27%
Equity / Assets	10.56%	11.39%	12.03%	12.55%	12.44%	12.3%	10.44%	9.94%	11.54%	11.76%
Book Value / Share	17.68	18.85	23.67	22.55	24.42	26.31	31.23	25.81	27.4	27.14
NII Growth	-4.62%	8.89%	2.31%	22.3%	4.52%	1.02%	8.58%	21.48%	-19.4%	-7.88%
Dividend Payout	29.23%	26.9%	43.16%	27.16%	32%	41.35%	39.45%	33.64%	80.95%	-

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Fiduciary and Trust	1.92M	1.91M	1.85M	2.22M	2.23M	2.15M	2.42M
Fiduciary and Trust Growth	-	-0.63%	-2.94%	20.04%	0.23%	-3.68%	12.82%
Deposit Account	1.89M	1.86M	1.31M	1.59M	2.01M	2.08M	2.16M
Deposit Account Growth	-	-1.37%	-29.54%	21.23%	25.99%	3.79%	3.89%
Debit Card	1.56M	1.59M	1.44M	1.81M	2.05M	1.83M	1.7M
Debit Card Growth	-	1.60%	-9.33%	26.01%	13.19%	-10.73%	-7.10%
Merchant Interchange Fees, Net	378K	331K	239K	422K	549K	496K	324K
Merchant Interchange Fees, Net Growth	-	-12.43%	-27.79%	76.57%	30.09%	-9.65%	-34.68%

Frequently Asked Questions

Growth & Financials

Bank of Marin Bancorp (BMRC) saw revenue decline by 17.9% over the past year.

Yes, Bank of Marin Bancorp (BMRC) is profitable, generating $9.9M in net income for fiscal year 2024 (-7.2% net margin).

Dividend & Returns

Yes, Bank of Marin Bancorp (BMRC) pays a dividend with a yield of 3.75%. This makes it attractive for income-focused investors.

Bank of Marin Bancorp (BMRC) has a return on equity (ROE) of -1.9%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Bank of Marin Bancorp (BMRC) has a net interest margin (NIM) of 2.6%. NIM has been under pressure due to interest rate environment.

Bank of Marin Bancorp (BMRC) has an efficiency ratio of 67.3%. This is higher than peers, suggesting room for cost optimization.

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Bank of Marin Bancorp (BMRC) 10-Year Financial Performance & Capital Metrics

BMRC • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingWest Coast Community Banks

Net Interest Income $95M -7.9%
Total Revenue $116M -17.9%
Net Income -$8M -142.3%
Return on Equity -1.92% -141.1%
Net Interest Margin 2.56% -5.3%
Efficiency Ratio 67.27% +24.3%
ROA -0.22% -144.8%
Equity / Assets 11.76% +1.9%
Book Value per Share 27.14 -0.9%
Tangible BV/Share 22.43 -0.8%
Debt/Equity 0.05 -71.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Well capitalized: 11.8% equity/assets
✓Healthy dividend yield of 3.8%
✓Trading at only 1.0x book value

✗Weaknesses

✗Weak 3Y average ROE of 4.5%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y3.59%

5Y1.22%

3Y-0.59%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM171.5%

EPS CAGR

10Y-

5Y-

3Y-

TTM171.93%

ROCE

10Y Avg10.14%

5Y Avg7.6%

3Y Avg5.55%

Latest-2.86%

Peer Comparison

West Coast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
BCALSouthern California Bancorp	608.64M	18.83	85.59	45.45%	2.94%	11.23%	8.17%	0.17
CWBCCommunity West Bancshares	447.97M	23.38	51.96	51.89%	4.67%	6.95%	3.83%	0.56
GBCIGlacier Bancorp, Inc.	6.29B	48.39	28.80	11.64%	15.27%	6.57%	3.34%	1.18
GBFHGBank Financial Holdings Inc.	465.21M	32.36	23.28	2%	30.99%	11.8%	5.65%	0.22
BOHBank of Hawaii Corporation	2.86B	71.86	20.77	6.6%	14.57%	10.28%	5.9%	0.45
HFWAHeritage Financial Corporation	867.93M	25.56	20.61	4.64%	13.64%	6.33%	7.03%	0.47
HTBKHeritage Commerce Corp	786.28M	12.82	19.42	3.35%	16.12%	6.19%	4.75%	0.06
NRIMNorthrim BanCorp, Inc.	640.63M	29.00	17.47	23.77%	18.87%	19.99%		0.15

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	67.19M	73.16M	74.85M	91.54M	95.68M	96.66M	104.95M	127.49M	102.76M	94.66M
NII Growth %	-0.05%	0.09%	0.02%	0.22%	0.05%	0.01%	0.09%	0.21%	-0.19%	-0.08%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	69.44M	75.43M	76.6M	95.08M	100.44M	99.64M	108.35M	130.04M	139.49M	141.27M
Interest Expense	2.25M	2.27M	1.74M	3.54M	4.76M	2.98M	3.4M	2.55M	36.73M	46.61M
Loan Loss Provision	500K	-1.85M	500K	0	900K	6.16M	-2.44M	-381K	2.23M	5.32M
Non-Interest Income+	9.19M	9.16M	8.27M	10.14M	9.08M	8.55M	10.11M	10.65M	2.21M	-24.89M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	78.63M	84.59M	84.86M	105.22M	109.52M	108.19M	118.46M	140.69M	141.7M	116.39M
Revenue Growth %	-0.04%	0.08%	0%	0.24%	0.04%	-0.01%	0.09%	0.19%	0.01%	-0.18%
Non-Interest Expense	46.95M	47.69M	53.78M	58.27M	57.97M	58.46M	72.61M	75.01M	76.7M	78.29M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	28.93M	36.48M	28.84M	43.42M	45.89M	40.59M	44.89M	63.51M	26.04M	-13.84M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.08%	0.26%	-0.21%	0.51%	0.06%	-0.12%	0.11%	0.41%	-0.59%	-1.53%
Pretax Income+	28.93M	36.48M	28.84M	43.42M	45.89M	40.59M	44.89M	63.51M	26.04M	-13.84M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	10.49M	13.35M	12.86M	10.79M	11.65M	10.35M	11.66M	16.92M	6.14M	-5.43M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	18.44M	23.13M	15.98M	32.62M	34.24M	30.24M	33.23M	46.59M	19.89M	-8.41M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.07%	0.25%	-0.31%	1.04%	0.05%	-0.12%	0.1%	0.4%	-0.57%	-1.42%
Net Income (Continuing)	18.44M	23.13M	15.98M	32.62M	34.24M	30.24M	33.23M	46.59M	19.89M	-8.41M
EPS (Diluted)+	1.52	1.89	1.27	2.33	2.48	2.22	2.30	2.92	1.24	-0.52
EPS Growth %	-0.08%	0.24%	-0.33%	0.83%	0.06%	-0.1%	0.04%	0.27%	-0.58%	-1.42%
EPS (Basic)	1.55	1.91	1.29	2.35	2.51	2.24	2.32	2.93	1.24	-0.52
Diluted Shares Outstanding	12.13M	12.23M	12.55M	14.03M	13.79M	13.62M	14.42M	15.97M	16.03M	16.04M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	26.34M	48.8M	203.54M	34.22M	183.39M	200.32M	347.64M	45.42M	30.45M	137.3M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	100K	1000K
Total Investments+	1.92B	1.89B	2.15B	2.37B	2.4B	2.57B	3.74B	3.84B	3.53B	3.32B
Investments Growth %	0.15%	-0.02%	0.14%	0.1%	0.01%	0.07%	0.46%	0.03%	-0.08%	-0.06%
Long-Term Investments	1.51B	1.52B	1.81B	1.9B	1.96B	2.17B	2.57B	3.84B	3.53B	3.18B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	6.44M	6.44M	30.14M	30.14M	30.14M	30.14M	72.75M	72.75M	72.75M	72.75M
Intangible Assets	3.11M	2.58M	6.49M	5.57M	4.68M	3.83M	6.61M	5.12M	3.77M	2.79M
PP&E (Net)	9.3M	8.52M	8.61M	7.38M	17.07M	30.53M	31.16M	32.95M	28.11M	25.86M
Other Assets	0	0	0	0	0	43.55M	62.27M	67.52M	143.05M	103.78M
Total Current Assets	506.41M	490.35M	610.78M	578.75M	691.36M	629.4M	1.57B	126.49M	30.55M	273.04M
Total Non-Current Assets	1.52B	1.53B	1.86B	1.94B	2.01B	2.28B	2.75B	4.02B	3.77B	3.43B
Total Assets+	2.03B	2.02B	2.47B	2.52B	2.71B	2.91B	4.31B	4.15B	3.8B	3.7B
Asset Growth %	0.14%	-0%	0.22%	0.02%	0.07%	0.08%	0.48%	-0.04%	-0.08%	-0.03%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	-0%
Accounts Payable	16.04M	14.64M	16.72M	20M	18.47M	19.53M	29.44M	22.95M	0	0
Total Debt+	72.39M	5.59M	5.74M	9.64M	15.54M	29.9M	25.85M	251.08M	75.2M	21.66M
Net Debt	46.05M	-43.22M	-197.81M	-24.58M	-167.85M	-170.42M	-321.79M	205.65M	44.75M	-115.64M
Long-Term Debt	72.39M	5.59M	5.74M	9.64M	2.92M	2.78M	0	112M	26M	0
Short-Term Debt	0	0	0	0	0	0	0	112M	26M	0
Other Liabilities	0	0	0	0	0	0	0	-112M	-438K	24.25M
Total Current Liabilities	1.74B	1.79B	2.17B	2.19B	2.35B	2.52B	3.84B	3.71B	3.32B	3.22B
Total Non-Current Liabilities	72.39M	5.59M	5.74M	9.64M	15.54M	29.84M	25.43M	26.64M	48.47M	45.76M
Total Liabilities	1.82B	1.79B	2.17B	2.2B	2.37B	2.55B	3.86B	3.74B	3.36B	3.27B
Total Equity+	214.47M	230.56M	297.02M	316.41M	336.79M	358.25M	450.37M	412.09M	439.06M	435.41M
Equity Growth %	0.07%	0.08%	0.29%	0.07%	0.06%	0.06%	0.26%	-0.08%	0.07%	-0.01%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.09%	0.1%	0.06%	0.11%	0.1%	0.09%	0.08%	0.11%	0.05%	-0.02%
Book Value per Share	17.68	18.85	23.67	22.55	24.42	26.31	31.23	25.81	27.40	27.14
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	84.73M	87.39M	143.97M	140.56M	129.06M	125.91M	212.52M	215.06M	217.5M	215.51M
Additional Paid-in Capital	0	0	0	0	0	0	0	0	0	0
Retained Earnings	129.55M	146.46M	155.54M	179.94M	203.23M	219.75M	239.87M	270.78M	274.57M	249.96M
Accumulated OCI	193K	-3.29M	-2.49M	-4.1M	4.5M	12.6M	-2.02M	-73.75M	-53.01M	-30.07M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	23.68M	25.45M	26.95M	42.11M	40.93M	40.84M	45.25M	55.28M	35.66M	28.36M
Operating CF Growth %	0.26%	0.07%	0.06%	0.56%	-0.03%	-0%	0.11%	0.22%	-0.35%	-0.2%
Net Income	18.44M	23.13M	15.98M	32.62M	34.24M	30.24M	33.23M	46.59M	19.89M	-8.41M
Depreciation & Amortization	2.59M	2.35M	2.47M	3.06M	3.12M	3M	2.88M	3.33M	3.45M	2.44M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	259K	-1.21M	5.14M	1.53M	1.08M	10.79M	-982K	5.65M	12.25M	39.08M
Working Capital Changes	1.49M	3K	745K	2.05M	-259K	-5.68M	7.83M	-2.48M	-1.77M	-6.52M
Cash from Investing+	-263.28M	24.32M	7.81M	-225.3M	-20.75M	-173.44M	-340.67M	-218.1M	334.69M	195.17M
Purchase of Investments	-290.24M	-164.1M	-124.06M	-238.28M	-115.44M	-98.9M	-925.96M	-563.43M	-42K	-163.77M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	59.78M	0	0	0	140.58M	0	0	0
Other Investing	-86.76M	-35.93M	-56.77M	-84.6M	-79.91M	-250.45M	257.39M	159.66M	21.39M	-10.91M
Cash from Financing+	224.57M	-27.3M	119.98M	13.87M	128.99M	149.53M	442.73M	-139.4M	-385.32M	-116.69M
Dividends Paid	-5.39M	-6.22M	-6.9M	-8.86M	-10.96M	-12.51M	-13.11M	-15.67M	-16.11M	-16.2M
Share Repurchases	0	0	0	-6.87M	-15.06M	-6.9M	-40.93M	-1.29M	-70K	-4.32M
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	-1000K	0	1000K	-1000K	-172K	-1000K	1000K	-1000K	-1000K
Other Financing	177.96M	45.92M	126.88M	26.74M	162.18M	169.11M	514.87M	-234.3M	-283M	-70.02M
Net Change in Cash+	-15.02M	22.46M	154.74M	-169.32M	149.17M	16.93M	147.32M	-302.22M	-14.97M	106.85M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	41.37M	26.34M	48.8M	203.54M	34.22M	183.39M	200.32M	347.64M	45.42M	30.45M
Cash at End	26.34M	48.8M	203.54M	34.22M	183.39M	200.32M	347.64M	45.42M	30.45M	137.3M
Interest Paid	2.07M	2.13M	1.53M	2.6M	4.66M	2.95M	2.1M	2.56M	34.04M	46.36M
Income Taxes Paid	9.07M	13.37M	9.76M	8.38M	12.74M	13.06M	12.35M	13.73M	8.43M	2.25M
Free Cash Flow+	22.26M	24.41M	25.51M	41.2M	40.39M	39.86M	44.21M	53.01M	33.91M	27.84M
FCF Growth %	0.35%	0.1%	0.05%	0.61%	-0.02%	-0.01%	0.11%	0.2%	-0.36%	-0.18%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	8.9%	10.4%	6.06%	10.64%	10.48%	8.7%	8.22%	10.8%	4.67%	-1.92%
Return on Assets (ROA)	0.97%	1.14%	0.71%	1.31%	1.31%	1.08%	0.92%	1.1%	0.5%	-0.22%
Net Interest Margin	3.31%	3.62%	3.03%	3.63%	3.53%	3.32%	2.43%	3.07%	2.7%	2.56%
Efficiency Ratio	59.71%	56.38%	63.37%	55.38%	52.93%	54.03%	61.3%	53.32%	54.13%	67.27%
Equity / Assets	10.56%	11.39%	12.03%	12.55%	12.44%	12.3%	10.44%	9.94%	11.54%	11.76%
Book Value / Share	17.68	18.85	23.67	22.55	24.42	26.31	31.23	25.81	27.4	27.14
NII Growth	-4.62%	8.89%	2.31%	22.3%	4.52%	1.02%	8.58%	21.48%	-19.4%	-7.88%
Dividend Payout	29.23%	26.9%	43.16%	27.16%	32%	41.35%	39.45%	33.64%	80.95%	-

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Fiduciary and Trust	1.92M	1.91M	1.85M	2.22M	2.23M	2.15M	2.42M
Fiduciary and Trust Growth	-	-0.63%	-2.94%	20.04%	0.23%	-3.68%	12.82%
Deposit Account	1.89M	1.86M	1.31M	1.59M	2.01M	2.08M	2.16M
Deposit Account Growth	-	-1.37%	-29.54%	21.23%	25.99%	3.79%	3.89%
Debit Card	1.56M	1.59M	1.44M	1.81M	2.05M	1.83M	1.7M
Debit Card Growth	-	1.60%	-9.33%	26.01%	13.19%	-10.73%	-7.10%
Merchant Interchange Fees, Net	378K	331K	239K	422K	549K	496K	324K
Merchant Interchange Fees, Net Growth	-	-12.43%	-27.79%	76.57%	30.09%	-9.65%	-34.68%

Frequently Asked Questions

Growth & Financials

Bank of Marin Bancorp (BMRC) saw revenue decline by 17.9% over the past year.

Yes, Bank of Marin Bancorp (BMRC) is profitable, generating $9.9M in net income for fiscal year 2024 (-7.2% net margin).

Dividend & Returns

Yes, Bank of Marin Bancorp (BMRC) pays a dividend with a yield of 3.75%. This makes it attractive for income-focused investors.

Bank of Marin Bancorp (BMRC) has a return on equity (ROE) of -1.9%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Bank of Marin Bancorp (BMRC) has a net interest margin (NIM) of 2.6%. NIM has been under pressure due to interest rate environment.

Bank of Marin Bancorp (BMRC) has an efficiency ratio of 67.3%. This is higher than peers, suggesting room for cost optimization.