Bank Of Marin Bancorp (BMRC) AI Stock Analysis

• Market Cap: $425.70M
• Dividend Yield: 3.76%
• Average Volume (3M): 70.32K
• Price to Earnings (P/E): 42.1
• Beta (1Y): 0.77
• Revenue Growth: 23.93%
• EPS Growth: N/A
• Country: US
• Employees: 291
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.47
• 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: 0.37
• Enterprise Value/Revenue: 1.16
• Enterprise Value/Gross Profit: 1.69
• Enterprise Value/Ebitda: 9.40
• 1Y Price Target: $29.33
• Price Target Upside: 10.89% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: $30.00 ▲(13.42% Upside)

Bank Of Marin Bancorp's overall stock score is driven by solid financial performance and positive technical indicators. While the valuation suggests the stock may be overvalued, strong earnings growth and strategic corporate events support a positive outlook. The company's robust cash flow and low leverage further enhance its financial stability.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term financial stability.

Asset Quality Improvement

Improved asset quality reduces risk and enhances financial resilience, ensuring stable earnings and capital preservation.

Strong Capital Ratios

Robust capital ratios provide a solid buffer against economic downturns, supporting sustainable growth and shareholder confidence.

Negative Factors

Low Net Profit Margin

A low net profit margin indicates potential inefficiencies and limits profitability, which could hinder reinvestment and growth.

Noninterest Income Decline

Declining noninterest income suggests challenges in diversifying revenue streams, which may impact overall financial performance.

Increase in Deposit Costs

Rising deposit costs can compress margins and reduce profitability, challenging the bank's cost management strategies.

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

Bank Of Marin Bancorp exhibits solid financial performance with strong revenue growth and efficient cash flow management. The company maintains a stable balance sheet with low leverage, although profitability metrics like net profit margin and return on equity suggest potential areas for improvement.

Income Statement

The income statement shows a positive trajectory with a notable revenue growth rate of 13.58% in the TTM period, recovering from a decline in the previous year. Gross profit margin is strong at 67.18%, indicating efficient cost management. However, the net profit margin is relatively low at 5.18%, suggesting room for improvement in profitability. The EBIT and EBITDA margins have improved significantly from negative values in the previous year, reflecting better operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.047, indicating conservative leverage. The return on equity is modest at 1.58%, suggesting limited profitability relative to shareholder equity. The equity ratio is healthy, showing a strong equity base relative to total assets, which enhances financial stability.

Cash Flow

Cash flow analysis reveals a robust free cash flow growth rate of 13.12% in the TTM period, highlighting strong cash generation capabilities. The operating cash flow to net income ratio is favorable at 1.62, indicating efficient conversion of earnings into cash. The free cash flow to net income ratio is high at 0.95, demonstrating effective cash management.

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	22.25M	27.84M	33.91M	53.01M	44.21M	39.86M
Operating Cash Flow	23.68M	28.36M	35.66M	55.28M	45.25M	40.84M
Investing Cash Flow	54.69M	195.17M	334.69M	-218.10M	-340.67M	-173.44M
Financing Cash Flow	-78.69M	-116.69M	-385.32M	-139.40M	442.73M	149.53M

Bank Of Marin Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 26.45
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 26.45 is below the 20-day moving average (MA) of 26.91, below the 50-day MA of 26.47, and above the 200-day MA of 23.45, indicating a neutral trend. The MACD of -0.11 indicates Positive momentum. The RSI at 48.82 is Neutral, neither overbought nor oversold. The STOCH value of 34.80 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
GCBC	75 Outperform	$378.85M	11.22	14.53%	1.63%	13.16%	37.40%
CWBC	73 Outperform	$433.98M	12.56	8.91%	2.12%	32.03%	170.90%
BMRC	73 Outperform	$425.70M	42.05	2.24%	3.76%	23.93%	―
BSRR	72 Outperform	$463.80M	11.81	11.07%	3.03%	-0.65%	14.14%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CIVB	64 Neutral	$435.89M	8.30	9.73%	2.96%	3.49%	33.86%
BRBS	52 Neutral	$397.98M	107.14	1.29%	―	-15.07%	―

Bank Of Marin Bancorp Corporate Events

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.

Bank Of Marin Bancorp Declares Quarterly Dividend

On October 23, 2025, Bank of Marin Bancorp’s Board of Directors approved a quarterly cash dividend of $0.25 per share, payable on November 13, 2025. The company reported a significant improvement in its financial performance for the third quarter of 2025, with a net income of $7.5 million compared to a net loss in the previous quarter. This improvement was attributed to growth in loan activities, better asset quality, and an increase in net interest margin. The company’s strategic repositioning of securities in the second quarter contributed to these positive results, enhancing its market positioning and offering promising implications for stakeholders.

The most recent analyst rating on (BMRC) stock is a Hold with a $25.00 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 Q3 2025 Earnings Call Announcement

Bank of Marin Bancorp announced that its President and CEO Tim Myers, along with CFO Dave Bonaccorso, will discuss the financial results for the quarter ended September 30, 2025, in an earnings call on October 27, 2025. The call will be available via webcast, and a replay will be accessible shortly after. This announcement provides stakeholders with an opportunity to gain insights into the company’s financial performance and strategic direction.

The most recent analyst rating on (BMRC) stock is a Hold with a $27.00 price target. To see the full list of analyst forecasts on Bank Of Marin Bancorp stock, see the BMRC Stock Forecast page.