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

Bank of Marin Bancorp

25/04/2022 15:21

* Bank of Marin Bancorp  BMRC.OQ  reported quarterly
adjusted
earnings of 66 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 65 cents per share.
    * Revenue rose 35.7% to $29.90 million from a year ago; 
analysts
expected $30.48 million. 
    * Bank of Marin Bancorp's reported EPS for the quarter was
66
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Bank of Marin Bancorp shares had fallen by 6.0% this
quarter and
lost 11.4% so far this year.
    * The company reported quarterly net income of $10.47
million.
    * Wall Street's median 12-month price target for Bank of
Marin
Bancorp is $40.00 
    * 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 April 25 at 02:21 p.m.  ​All
figures in US dollars unless otherwise stated