Highest-materiality recent filing
Bank of Marin Q1 net income $8.5M, EPS $0.53; NIM expands 21 bps; credit improves
Net income of $8.5M ($0.53 diluted EPS) vs net loss of $39.5M ($2.49 loss) in Q4 2025.
Bank of Marin restates financials due to deposit misclassification; net income unchanged
Board concluded previously issued financials for FY2023, FY2024, and Q1-Q3 2025 should not be relied upon.
Bank of Marin Q4 adjusted: loan growth, NIM up 21bp; HTM repositioning done
Newly funded loans $106.5M in Q4 (highest since Q4 2015); loans up 5.84% annualized.
Bank of Marin Q4 new loans hit $106.5M, highest since 2015; NIM up 24 bps to 3.32%
Newly funded loans $106.5M in Q4 (highest since Q4 2015); loans increased 5.84% annualized.
Bank of Marin Q4 GAAP loss $2.49/sh; non-GAAP EPS $0.59; securities repositioning done
GAAP net loss $39.5M ($2.49 diluted loss); non-GAAP net income $9.4M ($0.59 diluted EPS), up 25% QoQ.
BMRC Q3 2025 net income $7.5M, EPS $0.47; NIM expands to 3.08%
Q3 2025 net income $7.5M ($0.47 diluted EPS); pre-tax pre-provision income up 28% sequentially.
Bank of Marin completes balance sheet repositioning with $45M sub notes; expects $0.37 EPS boost
Issued $45M of 6.75% Fixed-to-Floating Subordinated Notes due 2035 rated BBB- by KBRA.
Bank of Marin Q3 net income $7.5M, EPS $0.47; NIM expands to 3.08%
Net income of $7.5M ($0.47 diluted EPS) vs. prior quarter net loss of $8.5M ($0.53 loss per share).
Bank of Marin posts Q2 net loss $8.5M, adj EPS $0.29; NIM expands to 2.93%
Net loss of $8.5M ($0.53 diluted EPS); adjusted EPS of $0.29 excluding $18.7M pre-tax loss on securities sale.
Bank of Marin posts Q2 net loss of $8.5M; sells $185.8M securities with $18.7M loss
Q2 net loss of $8.5M, diluted EPS loss $0.53; adjusted net income (non-GAAP) $4.7M and adjusted EPS $0.29.
Bank of Marin posts Q2 net loss of $8.5M ($0.53/sh) on $18.7M securities repositioning
Net loss of $8.5M ($0.53 diluted loss per share) vs $4.9M income ($0.30 EPS) in Q1.
Bank of Marin Q2 2025 net loss $8.5M, diluted EPS -$0.53; adjusted EPS $0.29
Q2 2025 net loss $8.5M, diluted EPS -$0.53; adjusted EPS $0.29 (29.56% tax rate) and $0.36 (23.78% rate), both non-GAAP.
Bank of Marin sells $186M low-yield AFS securities, expects $0.20 EPS accretion over four quarters
Sold $186M book value of AFS securities with average yield 1.96%; estimated pre-tax loss of ~$19M in Q2 2025.
Bank of Marin Q1 net income $4.9M, EPS $0.30 up 67% YoY; NIM expands, deposits grow
Net income $4.9M, diluted EPS $0.30 vs $0.18 prior year (+67%) and $0.38 prior quarter (-21%).
Bank of Marin posts Q4 EPS growth of 36%; NIM rises to 2.80%
EPS grew 36% in Q4 2024; efficiency ratio improved 9.65%.
Bank of Marin Q4 2024 EPS rises 35.7% to $0.38; NIM expands to 2.80%; credit quality improves
Q4 2024 net income $6.0M ($0.38 diluted EPS) vs $4.6M ($0.28) in Q3; EPS up 35.7% QoQ.
Bank of Marin CFO Tani Girton to retire Jan 31, 2025; Treasurer Dave Bonaccorso named successor
CFO Tani Girton retires effective Jan 31, 2025; Treasurer Dave Bonaccorso becomes CFO and PAO on Jan 2, 2025.
Bank of Marin highlights Q3 results: NIM 2.70%, BVPS $27.17, $4.2M buyback
Q3 tax-equivalent NIM increased to 2.70% from 2.52% due to Q2 restructure; deposit cost stable at 1.46% and trending down.
Bank of Marin posts Q3 net income of $4.6M vs Q2 loss of $21.9M; NIM expands to 2.70%
Diluted EPS of $0.28, compared to $(1.36) in Q2 2024; YTD 2024 net loss of $14.4M vs income $19.3M in 2023.
Bank of Marin Q2 2024: sold $325M AFS securities, non-accrual loans rise to 1.62%
Sold $325M (56% of AFS portfolio) securities yielding 1.94%; proceeds expected to lift NIM by ~30 bps in Q3.
Sold $325M AFS securities yielding 1.94%; redeployment to lift NIM by 30 bps in Q3.
Bank of Marin sells $325M AFS securities; non-accrual loans surge to 1.62% in Q2 2024
Sold $325M AFS securities (yield 1.94%); $293M proceeds expected to lift annualized NIM by 30 bps in Q3.
Net loss $21.9M ($1.36 diluted loss) vs net income $2.9M in Q1; includes $32.5M pretax loss from securities sale restructuring.
Bank of Marin terminates EVP Nicolette Sloan in workforce reduction
Nicolette Sloan, EVP & Head of Growth & Strategy, terminated on July 19, 2024.
Bank of Marin sells $293M in AFS securities, expects $0.46 EPS accretion over four quarters
Sold $293M (56% of AFS portfolio) avg yield 1.94%; estimated after-tax loss ~$23M in Q2 2024.
Directors, Mr. William McDevitt and Mr. Sanjiv Sanghvi notified the Company on February 19, 2025, that each will serve out their current term for Director until the Company's 2025 Annual Meeting of Shareholders, but will not stand for re-election at such meeting.
Directors, Mr. William McDevitt and Mr. Sanjiv Sanghvi notified the Company on February 19, 2025, that each will serve out their current term for Director until the Company's 2025 Annual Meeting of Shareholders, but will not stand for re-election at such meeting.
Dave Bonaccorso assumed the Executive Vice President, Chief Financial Officer and Principal Accounting Officer position on January 2, 2025.
On July 19, 2024, Registrant’s wholly owned subsidiary, Bank of Marin (“Bank”) terminated the employment of Nicolette Sloan, Executive Vice President and Head of Growth & Strategy at the Bank, as part of a broader reduction in force.
On July 19, 2024, Registrant's wholly owned subsidiary, Bank of Marin ("Bank") terminated the employment of Nicolette Sloan, Executive Vice President and Head of Growth & Strategy at the Bank, as part of a broader reduction in force.
announced that Tani Girton, Executive Vice President and Chief Financial Officer, will now also serve as the Principal Accounting Officer.
David Merck, who previously served as First Vice President and Controller and acted as Principal Accounting Officer, will serve in his new role as Senior Vice President and Director of Audit, Compliance and Risk and will cease acting as the Bank's Principal Accounting Officer.
Max materiality 0.75 · Median 0.57 · Most common event other_material