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 3.5 years. total yearly compensation is $1.37M, comprised of 47.3% salary and 52.7% bonuses, including company stock and options. directly owns 0.72% of the company’s shares, worth $2.36M. The average tenure of the management team and the board of directors is 2 years and 7.6 years respectively.
Key information
Tim Myers
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 47.33% |
| CEO tenure | 4yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2yrs |
| Board average tenure | 7.6yrs |
Recent management updates
Recent updates
Bank of Marin Bancorp (NASDAQ:BMRC) Has Affirmed Its Dividend Of $0.25
May 01
Bank of Marin Bancorp (NASDAQ:BMRC) Will Pay A Dividend Of $0.25
Jan 31Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25
Oct 31Revisiting Bank of Marin Results In A Downgrade
Oct 02Bank of Marin Bancorp (NASDAQ:BMRC) Has Announced A Dividend Of $0.25
Feb 01Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25
Oct 26Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Dividend Of $0.25
Jul 27These Analysts Just Made A Substantial Downgrade To Their Bank of Marin Bancorp (NASDAQ:BMRC) EPS Forecasts
Apr 29Bank of Marin Bancorp goes ex-dividend tomorrow
Aug 03Bank of Marin Bancorp (NASDAQ:BMRC) Is Paying Out A Larger Dividend Than Last Year
Jul 28Bank of Marin Bancorp Non-GAAP EPS of $0.71 beats by $0.04, revenue of $33.92M beats by $0.52M
Jul 25Bank of Marin Bancorp (NASDAQ:BMRC) Will Pay A Dividend Of US$0.24
Apr 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -US$6m |
| Dec 31 2024 | US$1m | US$647k | -US$8m |
| Sep 30 2024 | n/a | n/a | -US$14m |
| Jun 30 2024 | n/a | n/a | -US$13m |
| Mar 31 2024 | n/a | n/a | US$13m |
| Dec 31 2023 | US$1m | US$559k | US$20m |
| Sep 30 2023 | n/a | n/a | US$32m |
| Jun 30 2023 | n/a | n/a | US$39m |
| Mar 31 2023 | n/a | n/a | US$46m |
| Dec 31 2022 | US$1m | US$500k | US$47m |
| Sep 30 2022 | n/a | n/a | US$43m |
| Jun 30 2022 | n/a | n/a | US$37m |
| Mar 31 2022 | n/a | n/a | US$35m |
| Dec 31 2021 | US$809k | US$373k | US$33m |
| Sep 30 2021 | n/a | n/a | US$32m |
| Jun 30 2021 | n/a | n/a | US$34m |
| Mar 31 2021 | n/a | n/a | US$32m |
| Dec 31 2020 | US$571k | US$303k | US$30m |
| Sep 30 2020 | n/a | n/a | US$31m |
| Jun 30 2020 | n/a | n/a | US$33m |
| Mar 31 2020 | n/a | n/a | US$34m |
| Dec 31 2019 | US$539k | US$257k | US$34m |
| Sep 30 2019 | n/a | n/a | US$35m |
| Jun 30 2019 | n/a | n/a | US$34m |
| Mar 31 2019 | n/a | n/a | US$34m |
| Dec 31 2018 | US$533k | US$250k | US$33m |
Compensation vs Market: Tim's total compensation ($USD1.37M) is below average for companies of similar size in the US market ($USD2.70M).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
CEO
Tim Myers (53 yo)
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$1.37m | 0.72% $ 2.4m | |
| Executive VP & Chief Credit Officer of Bank of Marin | 4.3yrs | US$623.70k | 0.19% $ 612.9k | |
| Executive VP & Head of Commercial Banking | 1.8yrs | US$637.47k | 0.11% $ 350.7k | |
| Executive VP | 1.8yrs | no data | 0.069% $ 226.3k | |
| Executive VP & Chief Information Officer | 2.2yrs | no data | 0.082% $ 269.4k | |
| Senior VP and Director of Audit | 1yr | no data | 0.022% $ 71.9k | |
| Chief Marketing Officer | no data | no data | no data | |
| Executive VP & Director of Human Resources | 1yr | no data | 0.31% $ 1.0m | |
| Executive VP & Director of Private Banking | 18.3yrs | US$179.97k | no data | |
| Senior VP & Director of Wealth Management & Trust | no data | no data | no data | |
| Secretary | no data | no data | no data |
Experienced Management: BMRC's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.5yrs | US$1.37m | 0.72% $ 2.4m | |
| Independent Director | 11.2yrs | US$71.66k | 0.10% $ 329.5k | |
| Independent Director | 3.8yrs | US$91.35k | 0.71% $ 2.3m | |
| Independent Director | 36yrs | US$97.10k | 0.77% $ 2.5m | |
| Independent Director | 24.3yrs | US$97.10k | 0.20% $ 653.9k | |
| Independent Director | 4yrs | US$68.84k | 0.040% $ 133.1k | |
| Independent Director | 18.8yrs | US$91.35k | 0.34% $ 1.1m | |
| Independent Chairman of the Board | 18.3yrs | US$116.60k | 0.26% $ 852.7k | |
| Independent Director | 11.5yrs | US$72.13k | 0.23% $ 767.3k | |
| Independent Director | 4.1yrs | US$97.10k | 0.051% $ 168.7k | |
| Independent Director | 3.8yrs | US$93.85k | 0.066% $ 218.0k | |
| Independent Director | 1.6yrs | US$68.85k | 0.018% $ 59.5k |
Experienced Board: BMRC's board of directors are considered experienced (7.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/25 04:18 |
| End of Day Share Price | 2025/05/23 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Bank of Marin Bancorp is covered by 11 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.
| Analyst | Institution |
|---|---|
| null null | D.A. Davidson & Co. |
| Jeffrey Rulis | D.A. Davidson & Co. |
| Timothy Coffey | Janney Montgomery Scott LLC |