Bank of Marin (BMRC) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Bank of Marin (BMRC) due to higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Bank of Marin is expected to report quarterly earnings of $0.36 per share, reflecting a significant year-over-year increase of +500% [3]. - Revenues are projected to reach $29.1 million, which is a 15.3% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 14.53% higher in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Bank of Marin is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -4.67%, suggesting a bearish outlook from analysts [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with positive readings being more reliable [9][10]. - Bank of Marin's current Zacks Rank is 3 (Hold), complicating predictions for an earnings beat [12]. Historical Performance - In the last reported quarter, Bank of Marin was expected to post earnings of $0.32 per share but delivered only $0.30, resulting in a surprise of -6.25% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [14]. Industry Comparison - In the Zacks Banks - West industry, Glacier Bancorp (GBCI) is expected to report earnings of $0.47 per share, indicating a year-over-year change of +20.5% [18]. - Glacier Bancorp's revenue is projected at $243.5 million, up 22.6% from the previous year, with a higher Most Accurate Estimate leading to an Earnings ESP of +7.45% [19].