Bank of Marin Bancorp

NasdaqCM:BMRC Stock Report

Market Cap: US$381.3m

Bank of Marin Bancorp Management

Management criteria checks 3/4

Bank of Marin Bancorp's CEO is Tim Myers, appointed in May 2021, has a tenure of 3.58 years. total yearly compensation is $1.13M, comprised of 49.5% salary and 50.5% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth $1.97M. The average tenure of the management team and the board of directors is 1.4 years and 7.2 years respectively.

Key information

Tim Myers

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage49.5%
CEO tenure3.6yrs
CEO ownership0.5%
Management average tenure1.4yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25

Oct 31
Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25

Revisiting Bank of Marin Results In A Downgrade

Oct 02

Bank of Marin Bancorp (NASDAQ:BMRC) Has Announced A Dividend Of $0.25

Feb 01
Bank of Marin Bancorp (NASDAQ:BMRC) Has Announced A Dividend Of $0.25

Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25

Oct 26
Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25

Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25

Jul 27
Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25

These Analysts Just Made A Substantial Downgrade To Their Bank of Marin Bancorp (NASDAQ:BMRC) EPS Forecasts

Apr 29
These Analysts Just Made A Substantial Downgrade To Their Bank of Marin Bancorp (NASDAQ:BMRC) EPS Forecasts

Bank of Marin Bancorp goes ex-dividend tomorrow

Aug 03

Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Larger Dividend Than Last Year

Jul 28
Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Larger Dividend Than Last Year

Bank of Marin Bancorp Non-GAAP EPS of $0.71 beats by $0.04, revenue of $33.92M beats by $0.52M

Jul 25

Bank of Marin Bancorp (NASDAQ:BMRC) Will Pay A Dividend Of US$0.24

Apr 28
Bank of Marin Bancorp (NASDAQ:BMRC) Will Pay A Dividend Of US$0.24

Bank of Marin Bancorp's (NASDAQ:BMRC) Dividend Will Be US$0.24

Jan 27
Bank of Marin Bancorp's (NASDAQ:BMRC) Dividend Will Be US$0.24

Bank of Marin Bancorp's (NASDAQ:BMRC) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 28
Bank of Marin Bancorp's (NASDAQ:BMRC) Shareholders Will Receive A Bigger Dividend Than Last Year

Bank of Marin Bancorp's (NASDAQ:BMRC) Upcoming Dividend Will Be Larger Than Last Year's

Jul 22
Bank of Marin Bancorp's (NASDAQ:BMRC) Upcoming Dividend Will Be Larger Than Last Year's

CEO Compensation Analysis

How has Tim Myers's remuneration changed compared to Bank of Marin Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$14m

Jun 30 2024n/an/a

-US$13m

Mar 31 2024n/an/a

US$13m

Dec 31 2023US$1mUS$559k

US$20m

Sep 30 2023n/an/a

US$32m

Jun 30 2023n/an/a

US$39m

Mar 31 2023n/an/a

US$46m

Dec 31 2022US$1mUS$500k

US$47m

Sep 30 2022n/an/a

US$43m

Jun 30 2022n/an/a

US$37m

Mar 31 2022n/an/a

US$35m

Dec 31 2021US$809kUS$373k

US$33m

Sep 30 2021n/an/a

US$32m

Jun 30 2021n/an/a

US$34m

Mar 31 2021n/an/a

US$32m

Dec 31 2020US$571kUS$303k

US$30m

Sep 30 2020n/an/a

US$31m

Jun 30 2020n/an/a

US$33m

Mar 31 2020n/an/a

US$34m

Dec 31 2019US$539kUS$257k

US$34m

Sep 30 2019n/an/a

US$35m

Jun 30 2019n/an/a

US$34m

Mar 31 2019n/an/a

US$34m

Dec 31 2018US$533kUS$250k

US$33m

Sep 30 2018n/an/a

US$24m

Jun 30 2018n/an/a

US$21m

Mar 31 2018n/an/a

US$18m

Dec 31 2017US$468kUS$242k

US$16m

Compensation vs Market: Tim's total compensation ($USD1.13M) is below average for companies of similar size in the US market ($USD2.15M).

Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.

CEO

Tim Myers (53 yo)

3.6yrs

Tenure

US$1,129,808

Compensation

Mr. Timothy D. Myers, also known as Tim, serves as Chief Executive Officer & Director at Bank of Marin Bancorp and Bank of Marin since November 1, 2021. He has been President at Bank of Marin Bancorp and B...

Leadership Team

NamePositionTenureCompensationOwnership
Timothy Myers
President3.6yrsUS$1.13m0.52%
$ 2.0m
Tani Girton
Executive VPless than a yearUS$637.07k0.44%
$ 1.7m
Misako Stewart
Executive VP & Chief Credit Officer of Bank of Marin3.9yrsUS$579.15k0.16%
$ 624.6k
David Bloom
Executive VP & Head of Commercial Banking1.4yrsUS$685.43k0.067%
$ 254.8k
Sathis Arasadi
Executive VP & Chief Information Officer1.8yrsno data0.043%
$ 163.1k
David Merck
Senior VP and Director of Auditless than a yearno data0.018%
$ 70.1k
Boo Wilson
Chief Marketing Officerno datano datano data
Robert Gotelli
Executive VP & Director of Human Resourcesless than a yearno data0.29%
$ 1.1m
Patrick London
Executive VP & Director of Private Banking17.8yrsUS$179.97kno data
Deborah Smith
Senior VP & Director of Wealth Management & Trustno datano datano data
Dave Bonaccorso
Treasurer1.3yrsno datano data

1.4yrs

Average Tenure

59yo

Average Age

Experienced Management: BMRC's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Timothy Myers
President3.1yrsUS$1.13m0.52%
$ 2.0m
James Hale
Independent Director10.8yrsUS$92.48k0.095%
$ 360.5k
Charles Fite
Independent Director3.3yrsUS$85.98k0.70%
$ 2.7m
Joel Sklar
Independent Director35.6yrsUS$91.23k0.77%
$ 2.9m
Brian Sobel
Independent Director23.9yrsUS$91.23k0.19%
$ 738.6k
Sanjiv Sanghvi
Independent Director3.6yrsUS$42.98k0.035%
$ 131.6k
Russell Colombo
Director18.4yrsUS$85.98k0.34%
$ 1.3m
William McDevitt
Independent Chairman of the Board17.9yrsUS$108.48k0.25%
$ 970.3k
Kevin Kennedy
Independent Director11.1yrsUS$55.98k0.23%
$ 870.8k
Secil Watson
Independent Director3.7yrsUS$91.23k0.045%
$ 173.2k
Nicolas Anderson
Independent Director3.3yrsUS$85.98k0.060%
$ 230.6k
Cigdem Gencer
Independent Director1.2yrsno data0.012%
$ 45.8k

7.2yrs

Average Tenure

63yo

Average Age

Experienced Board: BMRC's board of directors are considered experienced (7.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 05:01
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bank of Marin Bancorp is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullD.A. Davidson & Co.
Jeffrey RulisD.A. Davidson & Co.
Timothy CoffeyFIG Partners