earnings
confidence high
sentiment neutral
materiality 0.65
Bank of Marin Q1 net income $4.9M, EPS $0.30 up 67% YoY; NIM expands, deposits grow
Bank of Marin Bancorp
2025-Q1 EPS reported
$0.30
- Net income $4.9M, diluted EPS $0.30 vs $0.18 prior year (+67%) and $0.38 prior quarter (-21%).
- Tax-equivalent net interest margin improved to 2.86% from 2.80% (up 6 bps QoQ).
- Total deposits increased $82M to $3.302B; non-interest bearing deposits 43.2% of total.
- Loan originations $63.6M; commercial funded loans 5x Q1 2024; total loans decreased $9.7M to $2.074B.
- Board declared $0.25/share quarterly dividend payable May 15 to shareholders of record May 8.