earnings
confidence high
sentiment positive
materiality 0.70
BMRC Q3 2025 net income $7.5M, EPS $0.47; NIM expands to 3.08%
Bank of Marin Bancorp
- Q3 2025 net income $7.5M ($0.47 diluted EPS); pre-tax pre-provision income up 28% sequentially.
- Tax-equivalent NIM improved to 3.08% from 2.93% in Q2; asset yield increased 17bp to 4.27%.
- Classified loans fell to 2.36% of portfolio (from 2.95%); non-accrual loans at 1.51% (from 1.57%).
- Deposits grew $137.5M; non-interest bearing deposits 43.1%; cost of deposits stable at 1.29%.
- Repurchased 50,000 shares at $22.33 (below TBV) for $1.1M; total RBC 16.13%, TCE/TA 9.7%.