Bank of Marin Bancorp reports results for the quarter ended in December - Earnings Summary

Bank of Marin Bancorp

23/01/2023 14:31

* Bank of Marin Bancorp  BMRC.OQ  reported quarterly
adjusted
earnings of 81 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 80 cents per share.
    * Revenue rose 5.7% to $33.37 million from a year ago;
analysts
expected $34.21 million. 
    * Bank of Marin Bancorp's reported EPS for the quarter was
81
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Bank of Marin Bancorp shares had fallen by 3.9% this
quarter.
    * The company reported quarterly net income of $12.88
million.
    * Wall Street's median 12-month price target for Bank of
Marin
Bancorp is $35.00 
    * 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." 

This summary was machine generated from Refinitiv data January
23 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.80           0.81           Beat
 Sep. 30 2022      0.74           0.76           Beat
 Jun. 30 2022      0.65           0.69           Beat
 Mar. 31 2022      0.65           0.66           Beat