---
schema_version: "secwatch.filing_event.v1"
accession: "0001403475-26-000025"
form_type: "8-K"
ticker: "BMRC"
cik: "0001403475"
company_name: "Bank of Marin Bancorp"
filed_at: "2026-04-27T23:59:59+00:00"
generated_at: "2026-05-15T03:45:44.383135+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bank of Marin Q1 net income $8.5M, EPS $0.53; NIM expands 21 bps; credit improves

## Summary
- Net income of $8.5M ($0.53 diluted EPS) vs net loss of $39.5M ($2.49 loss) in Q4 2025.
- Tax-equivalent net interest margin rose 21 bps QoQ to 3.24%; March monthly NIM 3.26%.
- Non-accrual loans dropped to 0.41% of total loans from 1.27%; classified loans to 0.85% from 1.51%.
- Deposits increased 3.8% YoY; cost of deposits flat at 1.35%; non-interest-bearing deposits 35.9%.
- Board declared $0.25/share quarterly dividend payable May 14 to shareholders of record May 7.

## SEC filing metadata
- accession: 0001403475-26-000025
- form_type: 8-K
- ticker: BMRC
- cik: 0001403475
- company_name: Bank of Marin Bancorp
- filed_at: 2026-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/0001403475-26-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/bmrc-20260423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403475-26-000025
- JSON: https://secwatch.observer/filing/0001403475-26-000025.json
- Plain text: https://secwatch.observer/filing/0001403475-26-000025.txt

## Key facts
- Earnings Releases
  Bank of Marin Bancorp reported first quarter, compared to prior quarter results: EPS diluted loss per share of $2.49 (diluted earnings per share of $0.59, non-GAAP) for the prior quarter.
  - Period: first quarter, compared to prior quarter
  - EPS: diluted loss per share of $2.49 (diluted earnings per share of $0.59, non-GAAP) for the prior quarter
  - Result: reported results
  source text: Diluted income per share was $0.53 for the first quarter, compared to diluted loss per share of $2.49 (diluted earnings per share of $0.59, non-GAAP) for the prior quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/0001403475-26-000025-index.htm
- Earnings Releases
  Bank of Marin Bancorp reported three months ended March 31, 2026 compared to year to date results: net income $8,510, EPS 0.53.
  - Period: three months ended March 31, 2026 compared to year to date
  - Net income: $8,510
  - EPS: 0.53
  - Result: reported results
  source text: Net income (loss) (GAAP) 8,510 (39,541) (121.5) % 8,510 4,876 74.5 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/0001403475-26-000025-index.htm
- Earnings Releases
  Bank of Marin Bancorp reported first quarter of 2026, compared to same period in prior year results: net income $4.9 million.
  - Period: first quarter of 2026, compared to same period in prior year
  - Net income: $4.9 million
  - Result: reported results
  source text: net income increased 75% year over year from $4.9 million for the same period in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/0001403475-26-000025-index.htm
- Earnings Releases
  Bank of Marin Bancorp reported first quarter of 2026, compared to the fourth quarter of 2025 results: net income $8.5 million, EPS $0.53.
  - Period: first quarter of 2026, compared to the fourth quarter of 2025
  - Net income: $8.5 million
  - EPS: $0.53
  - Result: reported results
  source text: Bank of Marin Bancorp, "Bancorp" (Nasdaq: BMRC), parent company of Bank of Marin, "Bank," announced net income of $8.5 million for the first quarter of 2026, compared to a net loss of $39.5 million due to the impact of its balance sheet restructuring (net income of $9.4 million, non-GAAP) for the fourth quarter of 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/0001403475-26-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.