Bank of Marin Bancorp expected to post earnings of 80cents a share - Earnings Preview

Bank of Marin Bancorp

20/01/2023 13:33

* Bank of Marin Bancorp  BMRC.OQ   BMRC.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
23. 
    * The Novato California-based  company is expected to report
 a
8.3% increase in revenue to $34.21 million from $31.58 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 80 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 $35​, above​ its last closing price of $31.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.65        0.65       0.66      Beat    1.5​
 Dec. 31 2021  0.60        0.59       0.61      Beat    2.6
 ​​Sep.        0.26        0.24       0.61      Beat    150.7
 30 2021                                                
 Jun. 30 2021  0.61        0.61       0.71      Beat    15.6​
 Mar. 31 2021  0.51        0.52       0.66      Beat    27.3
 Dec. 31 2020  0.47        0.48       0.60      Beat    26.2
 This summary was machine generated January 20 at 13:32 GMT.  All
figures in US dollars  unless otherwise stated