What is DA Davidson’s Forecast for BMRC Q1 Earnings?

Bank of Marin Bancorp (NASDAQ:BMRC) – Equities researchers at DA Davidson issued their Q1 2025 EPS estimates for shares of Bank of Marin Bancorp in a research report issued on Tuesday, January 28th. DA Davidson analyst J. Rulis expects that the bank will post earnings of $0.32 per share for the quarter. DA Davidson currently has a “Buy” rating and a $24.00 target price on the stock. The consensus estimate for Bank of Marin Bancorp’s current full-year earnings is $0.90 per share.

Other equities research analysts have also issued reports about the stock. Keefe, Bruyette & Woods raised their price objective on shares of Bank of Marin Bancorp from $26.00 to $30.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. StockNews.com lowered Bank of Marin Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, January 23rd. Finally, Stephens reiterated an “overweight” rating and set a $30.00 price objective on shares of Bank of Marin Bancorp in a report on Thursday, January 2nd.

Bank of Marin Bancorp Stock Performance

NASDAQ BMRC opened at $24.58 on Wednesday. Bank of Marin Bancorp has a 52-week low of $14.11 and a 52-week high of $27.11. The business has a 50 day simple moving average of $24.27 and a 200 day simple moving average of $22.18. The stock has a market cap of $395.25 million, a price-to-earnings ratio of -28.58 and a beta of 0.93.

Bank of Marin Bancorp (NASDAQ:BMRC) last announced its quarterly earnings results on Monday, January 27th. The bank reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.06. Bank of Marin Bancorp had a positive return on equity of 3.05% and a negative net margin of 9.49%. During the same period in the prior year, the company earned $0.04 earnings per share.

Institutional Trading of Bank of Marin Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of BMRC. Quantbot Technologies LP bought a new position in Bank of Marin Bancorp in the third quarter valued at approximately $74,000. SG Americas Securities LLC bought a new position in shares of Bank of Marin Bancorp in the third quarter valued at $122,000. XTX Topco Ltd acquired a new position in Bank of Marin Bancorp during the second quarter worth $168,000. Hsbc Holdings PLC raised its position in Bank of Marin Bancorp by 21.1% during the second quarter. Hsbc Holdings PLC now owns 12,254 shares of the bank’s stock worth $199,000 after acquiring an additional 2,131 shares in the last quarter. Finally, Ballentine Partners LLC acquired a new stake in Bank of Marin Bancorp in the fourth quarter valued at $214,000. Institutional investors and hedge funds own 52.26% of the company’s stock.

Bank of Marin Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 13th. Stockholders of record on Thursday, February 6th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.07%. The ex-dividend date is Thursday, February 6th. Bank of Marin Bancorp’s payout ratio is -116.28%.

Bank of Marin Bancorp Company Profile

Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to small to medium-sized businesses, not-for-profit organizations, and commercial real estate investors in the United States. The company offers personal and business checking and savings accounts; and individual retirement, health savings, and demand deposit marketplace accounts, as well as time certificates of deposit, certificate of deposit account registry, and insured cash sweep services.