Equities Analysts Offer Predictions for BMRC FY2025 Earnings

Bank of Marin Bancorp (NASDAQ:BMRC) – Analysts at DA Davidson upped their FY2025 earnings per share (EPS) estimates for Bank of Marin Bancorp in a research note issued to investors on Thursday, December 19th. DA Davidson analyst J. Rulis now expects that the bank will post earnings of $1.41 per share for the year, up from their previous forecast of $1.40. DA Davidson currently has a “Buy” rating and a $24.00 target price 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, October 28th. The bank reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. Bank of Marin Bancorp had a negative net margin of 9.49% and a positive return on equity of 3.05%. The firm had revenue of $39.21 million during the quarter, compared to analysts’ expectations of $27.30 million. During the same period last year, the company earned $0.33 earnings per share.

A number of other research analysts have also weighed in on BMRC. Keefe, Bruyette & Woods raised their price target on shares of Bank of Marin Bancorp from $26.00 to $30.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. StockNews.com raised Bank of Marin Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, December 10th. Finally, Stephens upgraded Bank of Marin Bancorp from an “equal weight” rating to an “overweight” rating in a report on Monday, December 9th.

Bank of Marin Bancorp Trading Down 1.2 %

Shares of Bank of Marin Bancorp stock opened at $23.15 on Friday. The company has a market capitalization of $372.32 million, a P/E ratio of -26.92 and a beta of 0.93. The stock has a fifty day simple moving average of $24.20 and a 200 day simple moving average of $20.59. Bank of Marin Bancorp has a 12-month low of $14.11 and a 12-month high of $27.11.

Bank of Marin Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Thursday, November 7th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.32%. The ex-dividend date was Thursday, November 7th. Bank of Marin Bancorp’s dividend payout ratio is -116.28%.

Institutional Investors Weigh In On Bank of Marin Bancorp

Large investors have recently modified their holdings of the stock. Choreo LLC bought a new stake in shares of Bank of Marin Bancorp in the 2nd quarter worth $426,000. AQR Capital Management LLC bought a new position in Bank of Marin Bancorp during the 2nd quarter valued at about $709,000. Acadian Asset Management LLC raised its holdings in shares of Bank of Marin Bancorp by 104.4% in the second quarter. Acadian Asset Management LLC now owns 99,622 shares of the bank’s stock worth $1,611,000 after buying an additional 50,874 shares during the period. Assenagon Asset Management S.A. purchased a new stake in shares of Bank of Marin Bancorp during the second quarter valued at $396,000. Finally, Dimensional Fund Advisors LP boosted its position in Bank of Marin Bancorp by 4.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 716,201 shares of the bank’s stock valued at $11,595,000 after buying an additional 33,280 shares during the period. Institutional investors own 52.26% of the company’s stock.

About Bank of Marin Bancorp

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.