Bank of Marin Bancorp expected to post earnings of 59 cents a share - Earnings Preview

Bank of Marin Bancorp

21/01/2022 14:08

* Bank of Marin Bancorp  BMRC.OQ   BMRC.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
24. 
    * The Novato California-based  company is expected to report
 a
29.0% increase in revenue to $30.452 million from $23.6 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 59 cents per share. For the same quarter last
year, the company reported earnings of 60 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"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 $40​, about 8.3% above​ its last closing price
of $36.68. ​​​
    * 

This summary was machine generated January 21 at 14:08 GMT.  All
figures in US dollars  unless otherwise stated