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Bank Of Marin Bancorp (BMRC)
NASDAQ:BMRC
Earnings Data
Report Date
Apr 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.53Last Year’s EPS
0.3Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call described strong underlying operating momentum: robust loan origination (one of the best quarters in a decade), significant year-over-year origination growth (79%), improved asset quality (classified loans down 35% QoQ, non-accruals down 14% QoQ), deposit growth with lower deposit costs, rising net interest income, and a larger pipeline. These operational improvements were offset in the quarter by a large, one-time $69 million securities loss that produced a GAAP net loss of $39.5 million and pressured capital ratios. Management positioned the loss as strategic — completed a balance sheet repositioning that is expected to deliver ~25 bps of NIM lift and ~$0.40 of EPS accretion over 12 months, and replenished capital with subordinated debt to avoid equity dilution. Given the recurring-strength in loans, deposits, margins and reserves versus a single material one-time hit, the overall tone is constructive but tempered by the near-term accounting and capital effects.Company Guidance
Strong Quarterly Loan Originations
Total loan originations of $141 million in Q4 with $106 million funded; over 90% of originations were commercial. Management called this one of the strongest quarters in the past decade.
Material Full-Year Loan Origination Growth
For the full year, originated $374 million in new loans, including $274 million funded, representing a 79% increase versus the prior year.
Improving Asset Quality
Classified loans declined 35% quarter-over-quarter to 1.5% of total loans (from 2.4%); non-accrual loans fell 14% to 1.3% of total loans (from 1.5%); past-due loans decreased to the lowest level since 2023.
Deposit Growth with Lower Cost
Total deposits increased during Q4 while the bank reduced its cost of deposits by 10 basis points; management highlighted account acquisition (~1,000 accounts opened) and ongoing success bringing new commercial relationships.
Balance Sheet Repositioning Expected to Drive Future Earnings and Margin
Completed repositioning of held-to-maturity portfolio to available-for-sale and sold 74% of legacy HTM. Management expects approximately $0.40 of EPS accretion over 12 months and ~25 basis points of net interest margin lift from the action.
Net Interest Income and NIM Expansion
Net interest income increased to $31.2 million in the quarter. Reported adjusted monthly NIM moved from 3.12% (October adjusted) to 3.42% (December), a ~30 basis point expansion during the quarter attributable to restructuring and targeted deposit cuts.
Strong Underwriting, Diversified Production and Pipeline
Originations were more diversified across commercial categories, geographies and property types; pipeline ~30% higher than a year ago. Management highlighted success in growth markets (e.g., Greater Sacramento) and contributions from recent hires.
Solid Reserves and Minor Credit Provision
Allowance for credit losses remains strong at 1.42% of total loans; provision for credit losses was minor in Q4 due to improved credit trends and substantial reserves.
Non-GAAP Profitability Improvements
Excluding securities repositioning loss, non-GAAP net income was $9.4 million ($0.59 per share). Non-GAAP pre-tax, pre-provision income increased 31% sequentially and 51% year-over-year.
Capital Actions and Shareholder Return
Replenished capital using subordinated debt (avoiding equity dilution). Board declared a $0.25 per share cash dividend—the 83rd consecutive quarterly dividend.
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 |
|---|---|---|---|
Jan 26, 2026 | $26.42 | $27.41 | +3.75% |
Oct 27, 2025 | $24.24 | $25.42 | +4.87% |
Jul 28, 2025 | $23.29 | $23.15 | -0.60% |
Apr 28, 2025 | $20.15 | $20.29 | +0.69% |
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 Apr 27, 2026, Before Open (Confirmed).
What is Bank Of Marin Bancorp (BMRC) earnings time?
Bank Of Marin Bancorp (BMRC) earnings time is at Apr 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 (Q1) is 0.53.