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

Bank of Marin Bancorp

25/07/2022 14:33

* Bank of Marin Bancorp  BMRC.OQ  reported quarterly
adjusted
earnings of 69 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 67 cents per share.
    * Revenue rose 27.2% to $31.20 million from a year ago;
analysts
expected $30.61 million. 
    * Bank of Marin Bancorp's reported EPS for the quarter was
69
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Bank of Marin Bancorp shares had risen by 1.0% this
quarter and
lost 13.8% so far this year.
    * The company reported quarterly net income of $11.07
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 July 25
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.67           0.69           Beat
 Mar. 31 2022      0.65           0.66           Beat
 Dec. 31 2021      0.59           0.61           Beat
 Sep. 30 2021      0.24           0.61           Beat