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Bank of Marin Bancorp - BMRC STOCK NEWS

Welcome to our dedicated news page for Bank of Marin Bancorp (Ticker: BMRC), a resource for investors and traders seeking the latest updates and insights on Bank of Marin Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bank of Marin Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bank of Marin Bancorp's position in the market.

Rhea-AI Summary
Bank of Marin Bancorp (BMRC) will host its first quarter earnings call on April 29, 2024, featuring key executives discussing the fiscal performance. Investors can access the webcast on the company's website.
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-2.42%
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Rhea-AI Summary
Bank of Marin Bancorp (BMRC) announces the retirement of Robert Heller from its board of directors after nearly 20 years of service. Heller's leadership and expertise have been instrumental in the Bank's growth and success, with assets increasing five-fold while maintaining excellent credit quality and consistent dividends to shareholders.
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0.61%
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Rhea-AI Summary
Bank of Marin Bancorp, parent company of Bank of Marin, announced earnings of $610 thousand for Q4 2023, compared to $5.3 million for Q3 2023. Full year 2023 earnings were $19.9 million, compared to $46.6 million for 2022. The decrease in earnings was due to a $5.9 million pretax net loss on the sale of investment securities and an $875 thousand increase in the pre-tax credit loss provision. The Bank sold $131.9 million in available-for-sale investment securities in Q4, resulting in a net pretax loss of $5.9 million. The tax-equivalent net interest margin improved 5 basis points over the preceding quarter to 2.53%. The total risk-based capital ratios at December 31, 2023, for Bancorp and the Bank were 16.89% and 16.62%, respectively. Loans decreased by $13.2 million for Q4 2023 and totaled $2.074 billion as of December 31, 2023.
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End-of-Day
-3.47%
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Rhea-AI Summary
Bank of Marin Bancorp (BMRC) will present its fourth quarter earnings call on January 29, 2024. President and CEO Tim Myers and CFO Tani Girton will discuss the Company's fiscal fourth quarter, which ended on December 31, 2023. The webcast will be available on Bank of Marin’s website for both live and replay viewing.
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Bank of Marin Bancorp reports earnings of $5.3 million for Q3 2023, compared to $4.6 million in Q2. Diluted earnings per share were $0.33. Total deposits increased by $118.5 million to $3.444 billion. Non-interest bearing deposits remained stable at 47.7% of total deposits. Loan portfolio decreased by $15.9 million. ROA was 0.52% and ROE was 4.94%. The Board of Directors declared a cash dividend of $0.25 per share.
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-1.1%
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Rhea-AI Summary
Bank of Marin Bancorp appoints Cigdem Gencer to its board of directors
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-0.96%
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Rhea-AI Summary
Bank of Marin Bancorp to present Q3 earnings call
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-0.39%
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Bank of Marin Bancorp (Nasdaq: BMRC) announces the appointment of David Bloom as Head of Commercial Banking and Nikki Sloan as the Head of Growth & Strategy. This restructuring aims to drive growth in the Commercial Banking segment and execute strategic objectives for future positioning. David Bloom brings extensive experience to lead the Commercial Banking division, while Nikki Sloan will manage business initiatives critical to achieving long-term success.
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-0.1%
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Bank of Marin Bancorp

Nasdaq:BMRC

BMRC Rankings

BMRC Stock Data

244.46M
14.27M
10.81%
53.72%
4.44%
Commercial Banking
Finance and Insurance
Link
US
Novato

About BMRC

founded in 1989 and headquartered in novato, bank of marin is the wholly-owned subsidiary of bank of marin bancorp (nasdaq: bmrc). a leading business and community bank in the san francisco bay area, with assets of $2.4 billion and 23 retail offices throughout san francisco, marin, napa, sonoma and alameda counties, bank of marin provides business and personal banking, commercial lending, and wealth management and trust services. specializing in providing legendary service to its customers and investing in its local communities, bank of marin was named 2016 community bank of the year by western independent bankers and has consistently been ranked one of the “top corporate philanthropists" by the san francisco business times and one of the “best places to work” by the north bay business journal. bank of marin bancorp is included in the russell 2000 small-cap index and nasdaq aba community bank index and has been recognized as a top 200 community bank by us banker magazine for the past f