Bank of Marin Bancorp logo BMRC - Bank of Marin Bancorp

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 7
HOLD 8
SELL 0
STRONG
SELL
0
| PRICE TARGET: $28.25 DETAILS
HIGH: $30.50
LOW: $26.00
MEDIAN: $28.25
CONSENSUS: $28.25
UPSIDE: 8.49%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue
Revenue 176.7 116.4 141.7 140.7 118.5 108.2 109.5 105.2 84.9 84.6 78.6 81.8 68.6 72.9 75.4 66.9 64.9 64.5 67.6 62.3 53.2 41.2 35.8 34.1 32.3 11.6 2.0 1.9
Cost of Revenue 42.3 51.9 39.0 2.2 1.0 9.1 5.7 3.5 2.2 0.4 2.8 3.1 2.3 5.5 12.3 11.8 12.7 15.8 19.8 17.8 11.6 6.3 5.9 6.8 9.7 9.9 0.8 0.9
Gross Profit 134.5 64.5 102.7 138.5 117.5 99.0 103.9 101.7 82.6 84.2 75.9 78.7 66.3 67.4 63.0 55.1 52.2 48.7 47.8 44.4 41.6 34.9 29.9 27.3 22.6 1.6 1.2 1.0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 60.4 48.8 47.8 45.4 44.7 36.3 36.1 35.5 31.9 28.6 27.9 27.1 23.4 22.6 21.8 20.2 20.5 18.4 15.9 15.5 13.8 12.0 10.8 10.4 8.8 7.0 0 0
Other Expenses 22.4 29.4 28.9 29.6 27.9 22.1 21.8 22.8 21.9 19.1 19.0 20.2 20.7 16.1 16.5 13.2 11.2 10.2 11.8 10.4 8.7 7.7 7.1 6.7 5.5 (12.6) 1.2 1.0
Operating Expenses 82.8 78.3 76.7 75.0 72.6 58.5 58.0 58.3 53.8 47.7 46.9 47.3 44.1 38.7 38.3 33.4 31.7 28.7 27.7 25.9 22.5 19.6 17.8 17.1 14.3 (5.6) 1.2 1.0
Operating Income
Operating Income 51.6 (13.8) 26.0 63.5 44.9 40.6 45.9 43.4 28.8 36.5 28.9 31.5 22.2 28.7 24.8 21.7 20.5 20.0 20.1 18.5 19.1 15.3 12.1 10.1 8.3 7.2 0 0
Interest Expense 42.2 46.6 36.7 2.5 3.4 3.0 4.8 3.5 1.7 2.3 2.3 2.3 1.8 2.6 5.3 6.4 7.2 10.8 19.1 16.6 10.0 5.4 5.2 6.2 9.0 8.9 0 0
Interest Income 152.4 141.3 139.5 130.0 108.4 99.6 100.4 95.1 76.6 75.4 69.4 72.8 60.6 65.8 69.1 61.4 59.7 59.2 61.8 58.3 49.5 37.6 32.8 31.8 30.4 28.2 15.9 13.7
Profitability
EBITDA 53.8 (11.4) 29.5 66.8 47.8 43.6 49.0 46.5 31.3 38.8 31.5 33.8 23.7 30.1 26.8 23.1 21.9 21.4 21.5 20.0 20.8 17.8 14.2 11.0 9.0 7.9 0 0
EBIT 51.6 (13.8) 26.0 63.5 44.9 40.6 45.9 43.4 28.8 36.5 28.9 31.5 22.2 28.7 24.8 21.7 20.5 20.0 20.1 18.5 19.1 15.3 12.1 10.1 8.3 7.2 0 0
Income Before Tax 62.3 (13.8) 26.0 63.5 44.9 40.6 45.9 43.4 28.8 36.5 28.9 31.5 22.2 28.7 24.8 21.7 20.5 20.0 20.1 18.5 19.1 15.3 12.1 10.1 8.3 7.2 0 0
Income Tax Expense 18.9 (5.4) 6.1 16.9 11.7 10.3 11.7 10.8 12.9 13.3 10.5 11.7 7.9 10.9 9.2 8.2 7.8 7.9 7.8 6.7 7.4 5.8 4.6 3.9 3.1 2.7 0 0
Net Income 43.4 (8.4) 19.9 46.6 33.2 30.2 34.2 32.6 16.0 23.1 18.4 19.8 14.3 17.8 15.6 13.6 12.8 12.2 12.3 11.9 11.7 9.5 7.5 6.2 5.1 4.5 3.6 3.0
Per Share Data
EPS (Basic) 2.74 -0.52 1.24 2.93 2.32 2.24 2.51 2.35 1.29 1.91 1.55 1.68 1.31 1.67 1.47 1.30 1.11 1.17 1.19 1.11 1.09 0.90 0.77 0.62 0.54 0.46 0.38 0.32
EPS (Diluted) 2.73 -0.52 1.24 2.92 2.30 2.22 2.48 2.33 1.27 1.89 1.52 1.65 1.29 1.64 1.45 1.27 1.10 1.16 1.16 1.06 1.01 0.84 0.72 0.59 0.30 0.45 0.37 0.32
Shares Outstanding 15.9 16.0 16.0 15.9 14.3 13.5 13.6 13.9 12.4 12.1 11.9 11.8 10.9 10.7 10.6 10.5 10.4 10.3 10.4 10.8 10.8 10.5 9.7 10.0 17.2 9.7 9.7 9.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998
Current Assets
Cash & Cash Equivalents 225.3 137.3 30.5 45.4 347.6 200.3 183.4 34.2 203.5 48.8 38.7 24.9 29.5 36.0 29.2 24.0 23.6 0 0
Short-Term Investments 21.9 135.7 0.1 1.2 1,167.6 392.4 432.3 468.7 332.5 372.6 15 0 0 0 0 0 0 0 0
Net Receivables 2,090.8 0 0 79.8 51.4 36.5 75.7 75.9 72.6 69.0 39.6 32.2 20.9 17.0 6.5 6.1 5.5 0 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets (21.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 2,316.1 273.0 30.6 126.5 1,566.6 629.4 691.4 578.8 610.8 490.3 93.3 57.2 50.4 53.0 35.7 30.1 29.1 0 0
Non-Current Assets
Property, Plant & Equipment 8.1 25.9 28.1 33.0 31.2 30.5 17.1 7.4 8.6 8.5 8.0 8.3 3.9 4.5 4.6 4.1 2.4 0 0
Goodwill 72.8 72.8 72.8 72.8 72.8 30.1 30.1 30.1 30.1 6.4 0 0 0 0 0 0 0 0 0
Intangible Assets 1.9 2.8 3.8 5.1 6.6 3.8 4.7 5.6 6.5 2.6 0 0 0 0 0 0 0 0 0
Long-Term Investments 3,396.7 3,183.6 3,525.7 3,842.6 2,574.7 2,174.5 1,962.2 1,899.1 1,812.1 1,515.6 1,020.3 984.1 682.8 568.1 469.3 404.2 347.5 0 0
Other Non-Current Assets (1,975.1) 103.8 143.0 67.5 62.3 43.6 0 0 0 0 0 0 0 16.9 29.5 17.3 0 0 0
Total Non-Current Assets 1,504.3 3,428.3 3,769.6 4,021.0 2,747.5 2,282.5 2,014.1 1,942.1 1,857.4 1,533.1 1,028.4 992.4 686.7 589.6 503.3 425.6 350.0 0 0
Total Assets 3,904.8 3,701.3 3,803.9 4,147.5 4,314.2 2,911.9 2,707.3 2,520.9 2,468.2 2,023.5 1,121.7 1,049.6 737.1 642.6 539.0 455.4 379.1 346.7 292.9
Current Liabilities
Account Payables 0 0 0 22.9 29.4 19.5 18.5 20.0 16.7 14.6 8.6 9.9 3.6 2.9 5.9 3.3 0 0 0
Short-Term Debt 4.9 0 26 112 0 0 0 0 0 0 55 56.8 17.8 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 5.9 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 3,220.0 3,290.1 3,573.3 3,808.6 2,504.2 2,336.5 2,174.8 2,148.7 1,772.7 944.1 852.3 645.1 584.1 486.0 411.8 341.7 0 0
Total Current Liabilities 4.9 3,220.2 3,316.4 3,708.7 3,838.4 2,523.8 2,355.0 2,194.8 2,165.4 1,787.3 1,007.6 919.0 666.5 587.0 491.9 415.1 341.7 0 0
Non-Current Liabilities
Long-Term Debt 43.9 0 26 112 0 2.8 2.9 9.6 5.7 5.6 60 5 5 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 3,440.8 24.2 (0.4) (112) 0 0 0 0 0 0 (55) 0 0 0 0 0 3.0 0 0
Total Non-Current Liabilities 3,510.1 45.8 48.5 26.6 25.4 29.8 15.5 9.6 5.7 5.6 5 5 5 0 0 0 3.0 0 0
Total Liabilities 3,510.1 3,265.9 3,364.8 3,735.4 3,863.8 2,553.7 2,370.5 2,204.5 2,171.1 1,792.9 1,012.6 924.0 671.5 587.0 491.9 414.8 344.7 318.0 268.8
Stockholders' Equity
Common Stock 214.9 215.5 217.5 215.1 212.5 125.9 129.1 140.6 144.0 87.4 0 0 40.2 37.4 32.0 28.0 24.9 0 0
Retained Earnings 198.2 250.0 274.6 270.8 239.9 219.7 203.2 179.9 155.5 146.5 54.6 46.1 25.6 18.0 14.7 11.8 9.2 0 0
Accumulated Other Comprehensive Income (18.4) (30.1) (53.0) (73.7) (2.0) 12.6 4.5 (4.1) (2.5) (3.3) 0.6 0.4 (0.2) 0.3 0.5 0.8 0.3 0 0
Total Stockholders' Equity 394.7 435.4 439.1 412.1 450.4 358.3 336.8 316.4 297.0 230.6 109.1 125.5 65.6 55.6 47.1 40.6 34.4 28.7 24.0
Total Liabilities & Equity 3,904.8 3,701.3 3,803.9 4,147.5 4,314.2 2,911.9 2,707.3 2,520.9 2,468.2 2,023.5 1,121.7 1,049.6 737.1 642.6 539.0 455.4 379.1 346.7 292.9
Debt Metrics
Total Debt 69.3 21.7 75.2 251.1 25.8 29.9 15.5 9.6 5.7 5.6 115 61.8 22.8 0 0 0 0 0 0
Net Debt (156.0) (115.6) 44.8 205.7 (321.8) (170.4) (167.9) (24.6) (197.8) (43.2) 76.3 36.9 (6.7) (36.0) (29.2) (24.0) (23.6) 0 0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000
Operating Activities
Net Income 43.4 (8.4) 19.9 46.6 33.2 30.2 34.2 32.6 16.0 23.1 11.7 9.5 7.5 6.2 5.1 4.5
Depreciation & Amortization 1.6 2.4 3.4 3.3 2.9 3.0 3.1 3.1 2.5 2.4 1.7 2.5 2.1 0.9 0.7 0.6
Stock-Based Compensation 0.5 1.8 1.8 2.2 2.3 2.5 2.8 2.8 2.6 1.2 0 0 0 0 0 0
Change in Working Capital (16.6) (6.5) (1.8) (2.5) 7.8 (5.7) (0.3) 2.0 0.7 0.0 (1.6) (2.8) (2.9) 2.1 (0.5) (0.3)
Other Non-Cash Items 10.2 39.1 12.2 5.6 (1.0) 10.8 1.1 1.5 5.1 (1.2) 2.0 1.3 0.7 0.6 0.7 1
Operating Cash Flow 39.1 28.4 35.7 55.3 45.3 40.8 40.9 42.1 26.9 25.4 13.8 10.5 7.4 9.8 6.0 5.8
Investing Activities
Capital Expenditure (1.8) (0.5) (1.7) (2.3) (1.0) (1.0) (0.5) (0.9) (1.4) (1.0) (2.0) (0.4) (0.9) (1.3) (2.4) (0.3)
Acquisitions 0 0 0 0 140.6 0 0 0 59.8 0 0 0 0 0 0 0
Purchases of Investments (1,068.7) (163.8) (0.0) (563.4) (926.0) (98.9) (115.4) (238.3) (124.1) (164.1) (34.8) (43.9) (101.8) (17.1) (20.2) (31.8)
Sales/Maturities of Investments 941.4 370.4 315.1 187.9 188.4 176.9 175.1 98.5 130.3 225.4 36.4 52.2 41.6 35.3 25.1 22.5
Other Investing Activities (44.6) (10.9) 21.4 159.7 257.4 (250.5) (79.9) (84.6) (56.8) (35.9) (110.9) (126.4) (51.0) (83.9) (61.3) (47.0)
Investing Cash Flow (172.0) 195.2 334.7 (218.1) (340.7) (173.4) (20.8) (225.3) 7.8 24.3 (111.3) (118.4) (112.1) (67.0) (58.8) (56.5)
Financing Activities
Net Debt Issuance 44.9 (26.2) (86.1) 111.9 (18.1) (0.2) (7.2) 2.9 0 (67) 13.2 22.8 0 0 0 25.8
Stock Repurchased (3.3) (4.3) (0.1) (1.3) (40.9) (6.9) (15.1) (6.9) 0 0 0 0 0 0 0 0
Dividends Paid (16.1) (16.2) (16.1) (15.7) (13.1) (12.5) (11.0) (8.9) (6.9) (6.2) (1.0) (1.8) 0 0 0 0
Other Financing Activities 195.4 (70.0) (283.0) (234.3) 514.9 169.1 162.2 26.7 126.9 45.9 76.1 61.0 98.1 74.2 70.1 0
Financing Cash Flow 220.9 (116.7) (385.3) (139.4) 442.7 149.5 129.0 13.9 120.0 (27.3) 90.3 84.5 99.0 74.5 70.5 26.5
Cash Position
Net Change in Cash 88.0 106.9 (15.0) (302.2) 147.3 16.9 149.2 (169.3) 154.7 22.5 (7.2) (23.4) (5.7) 17.3 17.7 (24.2)
Cash at Beginning 137.3 30.5 45.4 347.6 200.3 183.4 34.2 203.5 48.8 26.3 29.5 52.9 58.7 41.3 23.6 47.8
Cash at End 225.3 137.3 30.5 45.4 347.6 200.3 183.4 34.2 203.5 48.8 22.3 29.5 52.9 58.7 41.3 23.6
Free Cash Flow 37.3 27.8 33.9 53.0 44.2 39.9 40.4 41.2 25.5 24.4 11.8 10.2 6.4 8.5 3.6 5.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Income Statement
Revenue 176.7 116.4 141.7 140.7 118.5 108.2 109.5 105.2 84.9 84.6 78.6 81.8 68.6 72.9 75.4 66.9 64.9 64.5 67.6 62.3 53.2 41.2 35.8 34.1 32.3 11.6 2.0 1.9
Gross Profit 134.5 64.5 102.7 138.5 117.5 99.0 103.9 101.7 82.6 84.2 75.9 78.7 66.3 67.4 63.0 55.1 52.2 48.7 47.8 44.4 41.6 34.9 29.9 27.3 22.6 1.6 1.2 1.0
Operating Income 51.6 (13.8) 26.0 63.5 44.9 40.6 45.9 43.4 28.8 36.5 28.9 31.5 22.2 28.7 24.8 21.7 20.5 20.0 20.1 18.5 19.1 15.3 12.1 10.1 8.3 7.2 0 0
Net Income 43.4 (8.4) 19.9 46.6 33.2 30.2 34.2 32.6 16.0 23.1 18.4 19.8 14.3 17.8 15.6 13.6 12.8 12.2 12.3 11.9 11.7 9.5 7.5 6.2 5.1 4.5 3.6 3.0
EPS (Diluted) 2.73 -0.52 1.24 2.92 2.30 2.22 2.48 2.33 1.27 1.89 1.52 1.65 1.29 1.64 1.45 1.27 1.10 1.16 1.16 1.06 1.01 0.84 0.72 0.59 0.30 0.45 0.37 0.32
Balance Sheet
Cash & Equivalents 225.3 137.3 30.5 45.4 347.6 200.3 183.4 34.2 203.5 48.8 38.7 24.9 29.5 36.0 29.2 24.0 23.6 0 0
Total Assets 3,904.8 3,701.3 3,803.9 4,147.5 4,314.2 2,911.9 2,707.3 2,520.9 2,468.2 2,023.5 1,121.7 1,049.6 737.1 642.6 539.0 455.4 379.1 346.7 292.9
Total Debt 69.3 21.7 75.2 251.1 25.8 29.9 15.5 9.6 5.7 5.6 115 61.8 22.8 0 0 0 0 0 0
Stockholders' Equity 394.7 435.4 439.1 412.1 450.4 358.3 336.8 316.4 297.0 230.6 109.1 125.5 65.6 55.6 47.1 40.6 34.4 28.7 24.0
Cash Flow
Operating Cash Flow 39.1 28.4 35.7 55.3 45.3 40.8 40.9 42.1 26.9 25.4 13.8 10.5 7.4 9.8 6.0 5.8
Capital Expenditure (1.8) (0.5) (1.7) (2.3) (1.0) (1.0) (0.5) (0.9) (1.4) (1.0) (2.0) (0.4) (0.9) (1.3) (2.4) (0.3)
Free Cash Flow 37.3 27.8 33.9 53.0 44.2 39.9 40.4 41.2 25.5 24.4 11.8 10.2 6.4 8.5 3.6 5.5