Brokers Set Expectations for BMRC Q1 Earnings

Bank of Marin Bancorp (NASDAQ:BMRC) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Bank of Marin Bancorp in a research note issued on Tuesday, January 28th. DA Davidson analyst J. Rulis forecasts that the bank will earn $0.32 per share for the quarter. DA Davidson has a “Buy” rating and a $24.00 price target on the stock. The consensus estimate for Bank of Marin Bancorp’s current full-year earnings is $0.90 per share.

Bank of Marin Bancorp (NASDAQ:BMRC) last issued its quarterly earnings data on Monday, January 27th. The bank reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.06. Bank of Marin Bancorp had a negative net margin of 9.49% and a positive return on equity of 3.05%. During the same period last year, the firm earned $0.04 EPS.

A number of other equities analysts have also weighed in on the company. Keefe, Bruyette & Woods increased their target price on Bank of Marin Bancorp from $26.00 to $30.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. StockNews.com cut shares of Bank of Marin Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, January 23rd. Finally, Stephens reaffirmed an “overweight” rating and set a $30.00 price target on shares of Bank of Marin Bancorp in a research report on Thursday, January 2nd.

Bank of Marin Bancorp Stock Down 3.0 %

Shares of BMRC stock opened at $24.58 on Wednesday. Bank of Marin Bancorp has a 12-month low of $14.11 and a 12-month high of $27.11. The company has a market capitalization of $395.25 million, a PE ratio of -28.58 and a beta of 0.93. The firm has a 50 day moving average price of $24.27 and a two-hundred day moving average price of $22.18.

Bank of Marin Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 13th. Stockholders of record on Thursday, February 6th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.07%. Bank of Marin Bancorp’s payout ratio is -116.28%.

Institutional Trading of Bank of Marin Bancorp

Several large investors have recently modified their holdings of the stock. Basswood Capital Management L.L.C. bought a new stake in Bank of Marin Bancorp during the third quarter worth about $3,411,000. Zacks Investment Management bought a new stake in shares of Bank of Marin Bancorp during the 3rd quarter worth approximately $2,195,000. AQR Capital Management LLC acquired a new stake in shares of Bank of Marin Bancorp during the 2nd quarter worth approximately $709,000. Renaissance Technologies LLC increased its stake in Bank of Marin Bancorp by 29.5% in the second quarter. Renaissance Technologies LLC now owns 150,192 shares of the bank’s stock valued at $2,432,000 after acquiring an additional 34,200 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Bank of Marin Bancorp by 4.9% during the second quarter. Dimensional Fund Advisors LP now owns 716,201 shares of the bank’s stock valued at $11,595,000 after purchasing an additional 33,280 shares in the last quarter. 52.26% of the stock is owned by institutional investors and hedge funds.

Bank of Marin Bancorp Company Profile

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, not-for-profit organizations, and commercial real estate investors in the United States. The company 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.