earnings
confidence high
sentiment positive
materiality 0.65
Bank of Marin posts Q4 EPS growth of 36%; NIM rises to 2.80%
Bank of Marin Bancorp
2024-FY EPS reported
-$0.52
- EPS grew 36% in Q4 2024; efficiency ratio improved 9.65%.
- Net interest margin (tax-equiv) increased to 2.80% from 2.70%.
- Total risk-based capital 16.5%; TCE/TA 9.9% (7.9% adj for HTM).
- Non-accrual loans decreased to 1.63% of total loans from 1.91%.
- Total deposits fell $89.2M; non-interest bearing deposits 43.5% of total.