Bank Of Marin Bancorp (BMRC)
NASDAQ:BMRC
Want to see BMRC full AI Analyst Report?
Earnings Data
Report Date
Jul 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.52Last Year’s EPS
-0.53Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The quarter showed clear improvement in profitability, net interest margin expansion, strong originations (nearly +30% YoY), and a meaningful reduction in nonperforming assets after the sale of $16.3 million of troubled loans. Key credit metrics and reserve levels strengthened (allowance at 1.08% of loans; nonaccruals down to 0.41% of assets). Offsetting items include a $2.5 million increase in noninterest expense (seasonal and one-time items), ongoing payoff pressure in acquired consumer portfolios, competitive spread compression, a remaining single CRE nonaccrual in workout, and conservative capital deployment (buybacks on hold). On balance, the positive developments around earnings, credit remediation, and margin trajectory outweigh the near-term expense and competitive pressures.Company Guidance
Large YoY Earnings Improvement
Net income was $8.5 million ($0.53 per share) in Q1 2026. Management reported net income and earnings per share growth of 7,577% year-over-year (as presented on the call).
Net Interest Income and Margin Expansion
Net interest income rose to $30.3 million. Net interest margin (NIM) increased 6 basis points sequentially and 47 basis points year-over-year; adjusted sequential NIM improvement would have been 14 basis points excluding a prior-quarter interest recovery.
Strong Loan Production
Originations totaled $81 million in Q1, with $61 million funded — an almost 30% increase versus the prior-year period. New loan yields averaged 5.91%, compared with 5.51% for paid-off loans, providing roughly a 40 basis point lift on incremental assets.
Credit Cleanup and Resolutions
Sold $16.3 million of long-tenure classified/nonaccrual loans that were previously reserved; specific reserves taken were $7.3 million and charge-offs equaled those reserves, validating reserve assumptions.
Material Reduction in Nonperforming Metrics
Nonaccrual loans declined from 1.27% of assets to 0.41%; classified-to-total-loans ratio fell from 1.51% to 0.85% following note sales and resolutions.
Allowance and Provisioning Strength
No provision for credit losses was required in Q1; allowance for credit losses remained at 1.08% of total loans, described as an appropriate level after the nonperforming loan sales.
Deposit Growth and Cost Management
Total deposits increased in Q1 driven by higher balances from existing clients and new relationships. Management noted they are reducing cost of deposits while growing balances; the spot deposit rate was 4 basis points lower than the total deposit rate at year-end.
Consistent Shareholder Returns
Board declared a $0.25 per share dividend on April 23 — the eighty-fourth consecutive quarterly dividend — reflecting confidence in capital and earnings stability.
BMRC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BMRC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 27, 2026 | $25.87 | $25.30 | -2.20% |
Jan 26, 2026 | $26.18 | $27.16 | +3.75% |
Oct 27, 2025 | $24.02 | $25.18 | +4.86% |
Jul 28, 2025 | $23.08 | $22.94 | -0.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bank Of Marin Bancorp (BMRC) report earnings?
Bank Of Marin Bancorp (BMRC) is schdueled to report earning on Jul 27, 2026, Before Open (Confirmed).
What is Bank Of Marin Bancorp (BMRC) earnings time?
Bank Of Marin Bancorp (BMRC) earnings time is at Jul 27, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BMRC EPS forecast?
BMRC EPS forecast for the fiscal quarter 2026 (Q2) is 0.52.