While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Net interest margin (FTE): 2.5% versus 2.6% estimated by three analysts on average. Efficiency Ratio: -300.4% compared to the 80.8% average estimate based on three analysts. Average Balance - Total interest earning assets: $3.56 billion versus $3.60 billion estimated by tw ...

This quarterly report represents an earnings surprise of -68.42%. A quarter ago, it was expected that this bank holding company would post earnings of $0.28 per share when it actually produced earnings of $0.18, delivering a surprise of -35.71%. Bank of Marin, which belongs to the Zacks Banks - West industry, posted revenues of $25.25 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 2.31%. This compares to year-ago revenues of $26.87 million. The company has topped consensus ...

EXHIBIT 99.1 FOR IMMEDIATE RELEASE MEDIA CONTACT: Yahaira Garcia-Perea Marketing & Corporate Communications Manager 916-823-7214 | YahairaGarcia-Perea@bankofmarin.com BANK OF MARIN BANCORP REPORTS SECOND QUARTER FINANCIAL RESULTS STRONG CAPITAL SUPPORTS REPOSITIONING FOR PROFITABILITY NOVATO, CA, July 29, 2024 - Bank of Marin Bancorp, "Bancorp" (Nasdaq: BMRC), parent company of Bank of Marin, "Bank," announced a net loss of $21.9 million for the second quarter of 2024, compared to net income of $2.9 million ...

As of July 29, 2024, five stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to ...

Bank of Marin (BMRC) shares soared 5.5% in the last trading session to close at $17.40. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11.3% gain over the past four weeks. Shares of Bank of Marin rallied for the third straight trading session. With the Federal Reserve keeping an eye on employment reports and cooling inflation numbers, market participants are projecting interest rate cuts as soon as during the September FOMC meet ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Registrant's telephone number, including area code: (415) 763-4520 FORM 10-Q (Mark One) Commission File Number 001-33572 Bank of Marin Bancorp (Exact name of Registrant as specified in its charter) Not Applicable (Former name, former address and formal fiscal year, if changed since ...

Bank of Marin Bancorp (NASDAQ:BMRC) Q1 2024 Earnings Conference Call April 29, 2024 11:30 AM ET Company Participants Yahaira Garcia-Perea - Marketing and Corporate Communications Manager Tim Myers - President and Chief Executive Officer Tani Girton - Executive Vice President and Chief Financial Officer Misako Stewart - Executive Vice President and Chief Credit Officer Conference Call Participants Jeffrey Rulis - D.A. Davidson David Feaster - Raymond James Andrew Terrell - Stephens Woody Lay - KBW Yahaira Ga ...

For the quarter ended March 2024, Bank of Marin (BMRC) reported revenue of $25.45 million, down 22.5% over the same period last year. EPS came in at $0.18, compared to $0.59 in the year-ago quarter.The reported revenue represents a surprise of -5.40% over the Zacks Consensus Estimate of $26.9 million. With the consensus EPS estimate being $0.28, the EPS surprise was -35.71%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Bank of Marin (BMRC) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -35.71%. A quarter ago, it was expected that this bank holding company would post earnings of $0.32 per share when it actually produced earnings of $0.30, delivering a surprise of -6.25%.Over the last four quarters, ...

EXHIBIT 99.1 FOR IMMEDIATE RELEASE MEDIA CONTACT: Yahaira Garcia-Perea Marketing & Corporate Communications Manager 916-823-7214 | YahairaGarcia-Perea@bankofmarin.com BANK OF MARIN BANCORP REPORTS FIRST QUARTER EARNINGS OF $2.9 MILLION NON-INTEREST BEARING DEPOSIT GROWTH AND PROACTIVE CREDIT RISK MANAGEMENT NOVATO, CA, April 29, 2024 - Bank of Marin Bancorp, "Bancorp" (Nasdaq: BMRC), parent company of Bank of Marin, "Bank," announced earnings of $2.9 million for the first quarter of 2024, compared to $610 t ...