Bank of Marin Bancorp (NASDAQ:BMRC) Announces Earnings Results

Bank of Marin Bancorp (NASDAQ:BMRC) announced its quarterly earnings results on Monday. The bank reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.08, FiscalAI reports. Bank of Marin Bancorp had a return on equity of 5.25% and a net margin of 6.22%.The company had revenue of ($35.47) million during the quarter, compared to the consensus estimate of $32.96 million.

Here are the key takeaways from Bank of Marin Bancorp’s conference call:

• Bank executed a fourth-quarter balance sheet repositioning that moved its HTM portfolio to AFS, sold ~74% of legacy HTM and recorded a $69 million securities loss (resulting in a $39.5 million GAAP net loss), but management expects ~25 bps of NIM lift and ~$0.40 of EPS accretion over 12 months and replenished capital via subordinated debt to avoid equity dilution.
• Loan production was one of the strongest quarters in a decade with $141 million of originations (>$106M funded) and FY originations of $374M (79% higher YoY), a pipeline ~30% larger than last year, and the bank is targeting consistent mid-single-digit net loan growth.
• Deposits grew while the cost of deposits fell ~10 bps (spot interest-bearing cost ~2.08% at 12/31), aided by ~1,000 new accounts (45% new-to-bank) and targeted rate reductions that management expects will help further margin expansion if Fed easing occurs.
• Credit quality improved materially: classified loans fell 35% Q/Q to 1.5% of loans, non-accruals declined to 1.3%, past-due levels are the lowest since Q4 2023, and the allowance remains strong at 1.42% of loans, supporting a modest provision and continuation of a $0.25 cash dividend.

Bank of Marin Bancorp Trading Up 3.7%

Shares of BMRC stock opened at $27.41 on Tuesday. The company has a market capitalization of $441.03 million, a P/E ratio of 44.21 and a beta of 0.86. The business’s 50 day moving average is $26.70 and its two-hundred day moving average is $25.14. Bank of Marin Bancorp has a twelve month low of $19.14 and a twelve month high of $28.48.

Bank of Marin Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Shareholders of record on Thursday, February 5th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Thursday, February 5th. Bank of Marin Bancorp’s dividend payout ratio (DPR) is presently 161.29%.

Hedge Funds Weigh In On Bank of Marin Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of BMRC. Russell Investments Group Ltd. raised its position in Bank of Marin Bancorp by 2,543.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,269 shares of the bank’s stock worth $31,000 after buying an additional 1,221 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Bank of Marin Bancorp by 124.6% during the second quarter. Tower Research Capital LLC TRC now owns 1,875 shares of the bank’s stock worth $43,000 after acquiring an additional 1,040 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Bank of Marin Bancorp by 88.2% during the third quarter. BNP Paribas Financial Markets now owns 2,893 shares of the bank’s stock worth $70,000 after acquiring an additional 1,356 shares during the period. Quantbot Technologies LP purchased a new position in Bank of Marin Bancorp during the second quarter worth about $70,000. Finally, Jones Financial Companies Lllp lifted its position in Bank of Marin Bancorp by 4,337.9% in the first quarter. Jones Financial Companies Lllp now owns 8,432 shares of the bank’s stock valued at $186,000 after purchasing an additional 8,242 shares during the period. 52.26% of the stock is currently owned by hedge funds and other institutional investors.

Bank of Marin Bancorp News Roundup

Here are the key news stories impacting Bank of Marin Bancorp this week:

• Positive Sentiment: Q4 2025 earnings beat — BMRC reported EPS of $0.59 vs. the $0.51 consensus and revenue that topped estimates, signaling better-than-expected quarter and supporting upside. Read More.
• Positive Sentiment: 2026 guidance/operational outlook looks constructive — management projects mid-single-digit loan growth for 2026 driven by robust originations and expects margin expansion, which could support higher future earnings. Read More.
• Positive Sentiment: Dividend declared — board approved a quarterly dividend of $0.25/share (annualized yield ~3.6%), enhancing income appeal to yield-focused investors; ex-dividend and pay dates disclosed.
• Positive Sentiment: Analyst narrative shifting — coverage pieces and a fresh price-target discussion are driving attention to the beat and guidance, supporting short-term sentiment. Read More.
• Neutral Sentiment: Detailed metrics and context available — earnings-call transcript and analyst write-ups provide additional color on reserves, NIM drivers and loan mix; useful for modeling but not headline-moving by themselves. Read More. • Read More.
• Negative Sentiment: Profitability/valuation caveats — despite the beat, ROE (~5.25%), net margin (~6.2%) remain modest and the shares trade at a high P/E (~44x), which could limit upside if margin improvement disappoints. Read More.

Analyst Ratings Changes

A number of equities analysts recently issued reports on BMRC shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Bank of Marin Bancorp in a report on Monday, December 29th. Keefe, Bruyette & Woods restated an “outperform” rating and set a $30.00 price objective (up previously from $27.00) on shares of Bank of Marin Bancorp in a research report on Wednesday, October 29th. UBS Group set a $30.00 target price on shares of Bank of Marin Bancorp in a research report on Wednesday, October 29th. Zacks Research raised shares of Bank of Marin Bancorp from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 28th. Finally, DA Davidson upped their price objective on shares of Bank of Marin Bancorp from $29.00 to $31.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.40.

Bank of Marin Bancorp Company Profile

Bank of Marin Bancorp is the bank holding company for Bank of Marin, a community-oriented financial institution headquartered in Novato, California. Through its subsidiary, the company provides a broad range of banking services to individuals, small and medium-sized businesses, and nonprofit organizations. Its operating philosophy emphasizes personalized service and strong local relationships across the San Francisco North Bay region.

The company’s core product offerings include deposit accounts such as checking, savings, money market and time certificates of deposit.