BMRC Stock Analysis: Bank of Marin Bancorp | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 466m USD | 12M Return: 33.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.80M
EPS Trend: 2.9%
Qual. Beats: 0
Rev. Trend: 58.4%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Bank of Marin Bancorp (BMRC) is the holding company for Bank of Marin, a community-focused regional bank founded in 1989 and headquartered in Novato, California. The company provides a broad range of financial services primarily to small and medium-sized businesses, not-for-profit organizations, and commercial real estate investors. Its offerings span deposit products (checking, savings, IRAs, CDs, and cash sweep services), lending (commercial real estate, commercial and industrial, construction, and consumer loans), treasury management, merchant services, credit cards, and digital banking channels. Bank of Marin also operates wealth management and trust services, including investment management, trust administration, and estate settlement.
As a community-oriented regional bank, BMRC competes in the U.S. regional banking sector, where institutions typically derive the bulk of net interest income from commercial real estate and business lending funded by core local deposits. The banks heavy emphasis on relationship banking with businesses and non-profits reflects a business model focused on higher-yielding commercial loans rather than mass-market retail consumer credit, which can make it sensitive to local economic conditions in Northern California.
- Net interest margin compresses as deposit costs lag rate cuts
- Office commercial real estate loan losses pressure credit quality and earnings
- Loan and deposit growth in Northern California offset by elevated funding costs
| Net Income: 64.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.11 > 1.0 |
| NWC/Revenue: 717.5% < 20% (prev -2.21k%; Δ 2.93k% < -1%) |
| CFO/TA 0.01 > 3% & CFO 39.1m > Net Income 64.8m |
| Net Debt (-1.43b) to EBITDA (93.9m): -15.22 < 3 |
| Current Ratio: 64.81 > 1.5 & < 3 |
| Outstanding Shares: last quarter (16.0m) vs 12m ago 0.01% < -2% |
| Gross Margin: 79.77% > 18% (prev 67.18%; Δ 12.59% > 0.5%) |
| Asset Turnover: 5.51% > 50% (prev 3.58%; Δ 1.93% > 0%) |
| Interest Coverage Ratio: 2.02 > 6 (EBIT TTM 92.2m / Interest Expense TTM 45.6m) |
| A: 0.39 (Total Current Assets 1.52b - Total Current Liabilities 23.5m) / Total Assets 3.86b |
| B: 0.05 (Retained Earnings 207.8m / Total Assets 3.86b) |
| C: 0.02 (EBIT TTM 92.2m / Avg Total Assets 3.79b) |
| D: 0.11 (Book Value of Equity 396.7m / Total Liabilities 3.46b) |
| Altman-Z'' = 3.01 = A |
As of July 28, 2026, the stock is trading at USD 30.30 with a total of 256,832 shares traded. Over the past week, the price has changed by +5.98%, over one month by +9.82%, over three months by +20.92% and over the past year by +33.33%.
Current recommended Stop Loss: 29.30 (which is 3.3% or 1.3 ATR below the current price).
Bank of Marin Bancorp has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy BMRC.
- StrongBuy: 3
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 29.2 | -3.6% |
P/E Forward = 11.7786
P/S = 13.1877
P/B = 1.1807
P/EG = 2.5581
Revenue TTM = 208.9m USD
EBIT TTM = 92.2m USD
EBITDA TTM = 93.9m USD
Long Term Debt = 43.9m USD (from longTermDebt, last fiscal year)
Short Term Debt = 23.5m USD (from shortTermDebt, last quarter)
Debt = 92.6m USD (corrected: LT Debt 43.9m + ST Debt 23.5m) + Leases 25.2m
Net Debt = -1.43b USD (calculated: Debt 92.6m - CCE 1.52b)
Enterprise Value = 465.8m USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 2.02 (Ebit TTM 92.2m / Interest Expense TTM 45.6m)
EV/FCF = 12.50x (Enterprise Value 465.8m / FCF TTM 37.3m)
FCF Yield = 8.00% (FCF TTM 37.3m / Enterprise Value 465.8m)
FCF Margin = 17.83% (FCF TTM 37.3m / Revenue TTM 208.9m)
Net Margin = 31.03% (Net Income TTM 64.8m / Revenue TTM 208.9m)
Gross Margin = 79.77% ((Revenue TTM 208.9m - Cost of Revenue TTM 42.3m) / Revenue TTM)
Gross Margin QoQ = none% (prev 73.21%)
Tobins Q-Ratio = 0.12 (Enterprise Value 465.8m / Total Assets 3.86b)
Interest Expense / Debt = 49.24% (Interest Expense 45.6m / Debt 92.6m)
Taxrate = 28.96% (26.4m / 91.3m)
NOPAT = 65.5m (EBIT 92.2m * (1 - 28.96%))
Current Ratio = 64.81 (Total Current Assets 1.52b / Total Current Liabilities 23.5m)
Debt / Equity = 0.23 (Debt 92.6m / totalStockholderEquity, last quarter 396.7m)
Debt / EBITDA = -15.22 (Net Debt -1.43b / EBITDA 93.9m)
Debt / FCF = -38.38 (Net Debt -1.43b / FCF TTM 37.3m)
Total Stockholder Equity = 407.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.71% (Net Income 64.8m / Total Assets 3.86b)
RoE = 15.91% (Net Income TTM 64.8m / Total Stockholder Equity 407.4m)
RoCE = 20.42% (EBIT 92.2m / Capital Employed (Equity 407.4m + L.T.Debt 43.9m))
RoIC = 1.70% (NOPAT 65.5m / Invested Capital 3.85b)
WACC = 13.50% (E(465.8m)/V(558.3m) * Re(9.23%) + D(92.6m)/V(558.3m) * Rd(49.24%) * (1-Tc(0.29)))
Discount Rate = 9.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -76.07 | Cagr: -0.28%
[DCF] Terminal Value 63.16% ; FCFF base≈35.2m ; Y1≈40.3m ; Y5≈59.3m
[DCF] Fair Price = 117.0 (EV 464.7m - Net Debt -1.43b = Equity 1.89b / Shares 16.2m; r=13.50% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 2.88 | EPS CAGR: 1.51% | SUE: -0.33 | # QB: 0
Revenue Correlation: 58.40 | Revenue CAGR: 15.07% | SUE: 0.35 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.52 | Chg30d=+0.00% | Revisions=-44% | Analysts=6
EPS next Quarter (2026-09-30): EPS=0.55 | Chg30d=-0.90% | Revisions=-67% | Analysts=5
EPS current Year (2026-12-31): EPS=2.18 | Chg30d=+0.08% | Revisions=-67% | GrowthEPS=+42.9% | GrowthRev=+13.2%
EPS next Year (2027-12-31): EPS=2.40 | Chg30d=+0.07% | Revisions=-62% | GrowthEPS=+10.1% | GrowthRev=+6.9%
[Analyst] Revisions Ratio: -81% (up=1, down=22)