Bank Of Marin Bancorp (BMRC) AI Stock Analysis

• Market Cap: $432.14M
• Dividend Yield: 3.76%
• Average Volume (3M): 70.32K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.79
• Revenue Growth: 23.93%
• EPS Growth: N/A
• Country: US
• Employees: 291
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): -2.49
• Shares Outstanding: 16,094,687
• 10 Day Avg. Volume: 70,168
• 30 Day Avg. Volume: 70,318
• PEG Ratio: 0.32
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 3.28
• P/FCF Ratio: 13.69
• Enterprise Value/Market Cap: 0.58
• Enterprise Value/Revenue: 1.85
• Enterprise Value/Gross Profit: 2.70
• Enterprise Value/Ebitda: 15.04
• 1Y Price Target: $30.63
• Price Target Upside: 14.08% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: $30.00 ▲(11.73% Upside)

BMRC scores as moderately attractive primarily due to improving financial performance (profitability recovery, steady cash generation, and a conservative balance sheet) and supportive technicals (price above key moving averages with positive MACD). The score is held back by a rich valuation (high P/E) and earnings-call risks tied to the recent large securities loss and related capital/near-term volatility considerations.

Positive Factors

Strong loan origination growth & pipeline

Sustained, diversified origination expansion increases core earning assets and future net interest income. A materially larger pipeline and heavy commercial mix support durable revenue growth and reduce reliance on volatile secondary income, improving scalability over the next 2–6 months.

Improving asset quality and coverage

Marked reductions in classified and non‑accrual loans and a healthy allowance ratio indicate lower credit stress and fewer future loss provisions. Stronger credit metrics support durable earnings stability, permit modest provision reductions, and free capacity for measured loan growth and capital returns.

Conservative balance sheet and solid cash generation

Consistent operating and free cash flow provides lasting financial flexibility to fund originations, dividends, subordinated debt servicing and targeted investments. A conservative funding profile and stable equity reduce insolvency risk and support capital actions without immediate dilution.

Negative Factors

Large one-time securities loss pressured capital

A sizeable realized securities loss materially reduced reported equity and capital ratios, forcing subordinated debt to replenish capital. That depletion tightens regulatory and strategic flexibility, increasing sensitivity to future shocks and potentially constraining lending or buybacks until capital rebuilds.

Historical earnings and cash-flow volatility

Volatile earnings and cash-flow history reduce predictability of returns and make planning for investment, margin improvement, and dividends harder. This cyclical sensitivity can limit investor confidence and requires sustained execution to prove stability across economic cycles.

Deposit volatility and rate sensitivity

Funding volatility from large accounts and rate-sensitive depositors increases reliance on costly or term funding and compresses net interest margin under stress. Persistent deposit churn demands higher liquidity buffers and active pricing, pressuring long-term margin stability and funding predictability.

Bank Of Marin Bancorp Business Overview & Revenue Model

Company Description

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, 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.

How the Company Makes Money

Bank of Marin Bancorp generates revenue primarily through interest income from its loan portfolio and fees from various banking services. The core revenue streams include interest earned on loans to customers, such as commercial loans, residential mortgages, and consumer loans. Additionally, the bank earns non-interest income from service fees associated with deposit accounts, ATM transactions, and wealth management services. Significant partnerships with local businesses and community organizations enhance the bank's reach and customer base, contributing to its overall earnings. Moreover, effective cost management and a strong focus on customer service have allowed Bank of Marin to maintain profitability in a competitive banking environment.

Bank Of Marin Bancorp Financial Statement Overview

Summary

Healthy overall profile with a clear TTM earnings rebound (Income Statement 72), conservative balance sheet and improving ROE (Balance Sheet 78), and solid ongoing/free cash flow generation (Cash Flow 74). The main constraint is meaningful year-to-year volatility, including the 2024 downturn, which lowers confidence in consistency.

Income Statement

Profitability has rebounded sharply in TTM (Trailing-Twelve-Months) with positive operating earnings and a solid net margin after a loss in 2024. Revenue also recovered versus 2024 and margins improved meaningfully. The key weakness is earnings volatility across the period (strong 2021–2022, downturn in 2024, then rebound), which reduces confidence in consistency.

Balance Sheet

The balance sheet appears conservatively positioned with low leverage (debt modest relative to equity) and improving returns on equity in TTM (Trailing-Twelve-Months) after turning negative in 2024. Equity has been relatively stable while assets have grown versus 2020. The main watch-out is that returns have not been consistently strong year-to-year, reflecting sensitivity in profitability.

Cash Flow

Cash generation is solid, with positive operating cash flow and free cash flow across all periods shown, and free cash flow in TTM (Trailing-Twelve-Months) covering most of net income. Free cash flow growth is positive in TTM after a decline in 2024, signaling improving momentum. A weakness is uneven cash flow growth over time, indicating some variability in underlying cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	135.84M	116.39M	141.70M	140.69M	118.46M	108.19M
Gross Profit	92.97M	64.46M	102.73M	138.52M	117.50M	99.05M
EBITDA	16.71M	-11.39M	29.48M	66.84M	47.76M	43.59M
Net Income	9.87M	-8.41M	19.89M	46.59M	33.23M	30.24M
Balance Sheet
Total Assets	3.87B	3.70B	3.80B	4.15B	4.31B	2.91B
Cash, Cash Equivalents and Short-Term Investments	272.31M	273.04M	30.55M	46.66M	1.52B	592.67M
Total Debt	19.59M	21.66M	75.20M	251.08M	25.85M	29.90M
Total Liabilities	3.43B	3.27B	3.36B	3.74B	3.86B	2.55B
Stockholders Equity	443.82M	435.41M	439.06M	412.09M	450.37M	358.25M
Cash Flow
Free Cash Flow	34.31M	27.84M	33.91M	53.01M	44.21M	39.86M
Operating Cash Flow	36.16M	28.36M	35.66M	55.28M	45.25M	40.84M
Investing Cash Flow	-99.70M	195.17M	334.69M	-218.10M	-340.67M	-173.44M
Financing Cash Flow	53.69M	-116.69M	-385.32M	-139.40M	442.73M	149.53M

Bank Of Marin Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 26.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BMRC, the sentiment is Positive. The current price of 26.85 is above the 20-day moving average (MA) of 26.51, above the 50-day MA of 26.70, and above the 200-day MA of 23.92, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 51.78 is Neutral, neither overbought nor oversold. The STOCH value of 26.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BMRC.

Bank Of Marin Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CWBC	73 Outperform	$459.27M	11.87	8.91%	2.12%	32.03%	170.90%
BMRC	69 Neutral	$432.14M	-11.97	2.24%	3.76%	23.93%	―
GCBC	69 Neutral	$399.11M	10.32	14.53%	1.63%	13.16%	37.40%
BSRR	69 Neutral	$477.41M	12.00	11.07%	3.03%	-0.65%	14.14%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CIVB	60 Neutral	$466.02M	9.33	9.73%	2.96%	3.49%	33.86%
BRBS	48 Neutral	$388.83M	40.09	1.29%	―	-15.07%	―

Bank Of Marin Bancorp Corporate Events

Bank of Marin Posts GAAP Loss but Strong Core Earnings

On January 26, 2026, Bank of Marin Bancorp reported that balance sheet repositioning, strong fourth-quarter 2025 loan originations and deposit growth drove higher net interest margin and improved asset quality, even as realized losses on securities sales produced a GAAP net loss of $39.5 million for the quarter and $35.7 million for full-year 2025, both wider than 2024. Excluding securities losses, non-GAAP net income rose 25% sequentially in the fourth quarter to $9.4 million and 82% year over year to $26.5 million for 2025, reflecting better loan yields, lower deposit costs, and tighter credit metrics, while capital ratios remained above well-capitalized thresholds and the board maintained its shareholder return commitment by declaring on January 22, 2026, its 83rd consecutive quarterly cash dividend of $0.25 per share, payable February 12, 2026.

The most recent analyst rating on (BMRC) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on Bank Of Marin Bancorp stock, see the BMRC Stock Forecast page.

Bank of Marin Bancorp Upgrades to Nasdaq Global Select

Bank of Marin Bancorp, a banking and financial services company listed on Nasdaq, focuses on serving customers through its publicly traded common stock. The company announced that it received approval to transfer its common stock listing from the Nasdaq Capital Market to the Nasdaq Global Select Market, effective January 13, 2026, a move that signals its compliance with more stringent standards for corporate governance, financial strength, and stock liquidity, potentially enhancing its market standing and investor perception.

The most recent analyst rating on (BMRC) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Bank Of Marin Bancorp stock, see the BMRC Stock Forecast page.

Bank of Marin Executives Join Stephens Bank Trip

On December 3, 2025, Bank of Marin Bancorp announced that its President and CEO, Tim Myers, and CFO, David Bonaccorso, will participate in the Stephens West Coast Bank Trip. The company reported a strong financial performance for the third quarter of 2025, with a notable increase in net interest margin and significant deposit growth. The bank also highlighted improvements in credit quality, with a decrease in non-accrual and classified loans. These developments reflect the bank’s strategic focus on enhancing shareholder value through disciplined financial management and community engagement.

The most recent analyst rating on (BMRC) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on Bank Of Marin Bancorp stock, see the BMRC Stock Forecast page.

Bank of Marin Completes $45M Subordinated Notes Placement

On November 19, 2025, Bank of Marin Bancorp announced the completion of a $45 million private placement of 6.750% Fixed-to-Floating Rate Subordinated Notes due 2035, rated BBB- by Kroll Bond Rating Agency. The proceeds are intended for general corporate purposes, including repositioning its securities portfolio and supporting the growth of Bank of Marin. The strategic initiative is expected to enhance earnings power and shareholder value, despite a $59 million after-tax negative adjustment to equity due to the reclassification of its held-to-maturity securities portfolio. The company anticipates $8.3 million in incremental pre-tax income and an annual earnings per share increase of $0.37.

The most recent analyst rating on (BMRC) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Bank Of Marin Bancorp stock, see the BMRC Stock Forecast page.

Bank of Marin Executives to Join Virtual Bank Event

Bank of Marin Bancorp announced that its executives, including CEO Tim Myers and CFO David Bonaccorso, will participate in the Keefe Bruyette & Woods Virtual West Coast Bank Field Trip on November 20, 2025. The company reported strong financial performance for the third quarter of 2025, with a notable increase in net interest margin and net income, alongside significant loan originations and deposit growth. The bank’s capital position remains robust, allowing for share repurchases, and its credit quality has improved with a decrease in non-accrual and classified loans. These developments reflect the bank’s strategic focus on long-term shareholder value and operational efficiency.

The most recent analyst rating on (BMRC) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Bank Of Marin Bancorp stock, see the BMRC Stock Forecast page.