Bank of Marin Bancorp expected to post earnings of 43  cents a share - Earnings Preview

Bank of Marin Bancorp

21/07/2023 16:21

* Bank of Marin Bancorp  BMRC.OQ   BMRC.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 24. 
    * The Novato California-based  company is expected to report
 a
15.7% decrease in revenue to $26.297 million from $31.2 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 43 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 $20​, below​ its last closing price of $20.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.62        0.66       0.59      Missed  -10.2
 Dec. 31 2023  0.80        0.80       0.81      Beat    1.7
 Sep. 30 2022  0.74        0.74       0.76      Beat    2.7​
 Jun. 30 2022  0.68        0.65       0.69      Beat    5.9
 ​​Mar.        0.65        0.65       0.66      Beat    1.5
 31 2022                                                
 Dec. 31 2021  0.60        0.59       0.61      Beat    2.6​
 Sep. 30 2021  0.26        0.24       0.61      Beat    150.7
 Jun. 30 2021  0.61        0.61       0.71      Beat    15.6
 This summary was machine generated July 21 at 15:21 GMT.  All
figures in US dollars  unless otherwise stated