Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to professionals, small and middle-market businesses, individuals, and not-for-profit organizations in San Francisco Bay Area, California in the United States. More Details
No risks detected for BMRC from our risk checks.
Flawless balance sheet established dividend payer.
Share Price & News
How has Bank of Marin Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BMRC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BMRC's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BMRC underperformed the US Banks industry which returned 84% over the past year.
Return vs Market: BMRC underperformed the US Market which returned 48.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Bank of Marin Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StShareholders May Find It Hard To Justify Increasing Bank of Marin Bancorp's (NASDAQ:BMRC) CEO Compensation For Now
3 weeks ago | Simply Wall StIf You Had Bought Bank of Marin Bancorp (NASDAQ:BMRC) Shares Five Years Ago You'd Have Earned 61% Returns
1 month ago | Simply Wall StHow Much Are Bank of Marin Bancorp (NASDAQ:BMRC) Insiders Spending On Buying Shares?
Is Bank of Marin Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BMRC ($35.13) is trading below our estimate of fair value ($58.09)
Significantly Below Fair Value: BMRC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BMRC is poor value based on its PE Ratio (14.8x) compared to the US Banks industry average (12.1x).
PE vs Market: BMRC is good value based on its PE Ratio (14.8x) compared to the US market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: BMRC is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: BMRC is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is Bank of Marin Bancorp forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BMRC's forecast earnings growth (17.9% per year) is above the savings rate (2%).
Earnings vs Market: BMRC's earnings (17.9% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: BMRC's earnings are forecast to grow, but not significantly.
Revenue vs Market: BMRC's revenue (16.8% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: BMRC's revenue (16.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BMRC's Return on Equity is forecast to be low in 3 years time (8.2%).
How has Bank of Marin Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMRC has high quality earnings.
Growing Profit Margin: BMRC's current net profit margins (31.2%) are lower than last year (33.1%).
Past Earnings Growth Analysis
Earnings Trend: BMRC's earnings have grown by 12.5% per year over the past 5 years.
Accelerating Growth: BMRC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BMRC had negative earnings growth (-6%) over the past year, making it difficult to compare to the Banks industry average (17.4%).
Return on Equity
High ROE: BMRC's Return on Equity (9.1%) is considered low.
How is Bank of Marin Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: BMRC's Assets to Equity ratio (8.7x) is low.
Allowance for Bad Loans: BMRC has a sufficient allowance for bad loans (248%).
Low Risk Liabilities: 98% of BMRC's liabilities are made up of primarily low risk sources of funding.
Loan Level: BMRC has an appropriate level of Loans to Assets ratio (69%).
Low Risk Deposits: BMRC's Loans to Deposits ratio (79%) is appropriate.
Level of Bad Loans: BMRC has an appropriate level of bad loans (0.4%).
What is Bank of Marin Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BMRC's dividend (2.62%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: BMRC's dividend (2.62%) is low compared to the top 25% of dividend payers in the US market (3.41%).
Stability and Growth of Payments
Stable Dividend: BMRC's dividends per share have been stable in the past 10 years.
Growing Dividend: BMRC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.8%), BMRC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BMRC's dividends in 3 years are forecast to be well covered by earnings (39.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Russ Colombo (67 yo)
Mr. Russell A. Colombo, also known as Russ has been President, Chief Executive Officer and Director of Bank of Marin since July 1, 2006 and July 18, 2006 . He serves as President, Chief Executive Officer a...
CEO Compensation Analysis
Compensation vs Market: Russ's total compensation ($USD1.14M) is below average for companies of similar size in the US market ($USD1.74M).
Compensation vs Earnings: Russ's compensation has been consistent with company performance over the past year.
Experienced Management: BMRC's management team is seasoned and experienced (7.8 years average tenure).
Experienced Board: BMRC's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BMRC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bank of Marin Bancorp's company bio, employee growth, exchange listings and data sources
- Name: Bank of Marin Bancorp
- Ticker: BMRC
- Exchange: NasdaqCM
- Founded: 1989
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$461.823m
- Shares outstanding: 13.15m
- Website: https://www.bankofmarin.com
Number of Employees
- Bank of Marin Bancorp
- 504 Redwood Boulevard
- Suite 100
- United States
Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to professionals, small and middle-market businesses, individuals, and not-for-...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/11 06:06|
|End of Day Share Price||2021/05/10 00:00|
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.