Bank of Marin Bancorp expected to post earnings of 32  cents a share - Earnings Preview

Bank of Marin Bancorp

20/10/2023 14:51

* Bank of Marin Bancorp  BMRC.OQ   BMRC.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Novato California-based  company is expected to report
 a
24.6% decrease in revenue to $24.894 million from $33.03 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Bank of Marin
Bancorp is
for earnings of 32 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bank of
Marin
Bancorp is $22​, above​ its last closing price of $17.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.41        0.43       0.28      Missed  -34.4
 Mar. 31 2023  0.62        0.66       0.59      Missed  -10.2
 Dec. 31 2022  0.80        0.80       0.81      Beat    1.7​
 Sep. 30 2022  0.74        0.74       0.76      Beat    2.7
 ​​Jun.        0.68        0.65       0.69      Beat    5.9
 30 2022                                                
 Mar. 31 2022  0.65        0.65       0.66      Beat    1.5​
 Dec. 31 2021  0.60        0.59       0.61      Beat    2.6
 Sep. 30 2021  0.26        0.24       0.61      Beat    150.7
 This summary was machine generated October 20 at 13:51 GMT.  All
figures in US dollars  unless otherwise stated