Bank of Marin Bancorp (BMRC) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, Bank of Marin Bancorp reported revenue of $29.4M, down 59.9% from $73.3M the year before. Net income was -$35.7M (a -121.4% net margin), or -$2.24 per diluted share. Net interest income was $106.0M, and the efficiency ratio (noninterest expense / revenue) was 276.7%. Operating activities generated $39.1M of cash, leaving $37.3M of free cash flow. At fiscal year end, Bank of Marin Bancorp held $3.90B in total assets against $3.51B in total liabilities.
Open the full interactive Bank of Marin Bancorp financials → Quarterly statements, key ratios, valuation history and price charts.
Bank of Marin Bancorp Key Stats
| Share Price | $26.34 |
|---|---|
| Market Cap | $421.2M |
| Revenue YoY Growth | -59.9% |
| 52-Week Range | $21.88 – $30.04 |
| Shares Outstanding | 16.0 million (basic, 2026 Q2) |
Bank of Marin Bancorp Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $96.7M | $105.0M | $127.5M | $102.8M | $94.7M | $106.0M |
| Provision for Credit Losses | $4.6M | -$2.4M | -$381,000 | $2.2M | $5.3M | $560,000 |
| Noninterest Income | $8.6M | $10.1M | $10.9M | $5.0M | -$21.4M | -$76.7M |
| Noninterest Expense | $60.0M | $72.6M | $75.3M | $79.5M | $81.8M | $81.3M |
| Revenue | $105.2M | $115.1M | $138.4M | $107.8M | $73.3M | $29.4M |
| Pre-Tax Income | $40.6M | $44.9M | $63.5M | $26.0M | -$13.8M | -$52.5M |
| Income Tax | $10.3M | $11.7M | $16.9M | $6.1M | -$5.4M | -$16.8M |
| Net Income | $30.2M | $33.2M | $46.6M | $19.9M | -$8.4M | -$35.7M |
| Diluted EPS | $2.22 | $2.30 | $2.92 | $1.24 | -$0.52 | -$2.24 |
Bank of Marin Bancorp Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $30.9M | — | $34.1M | $34.0M |
| Net Income | $7.5M | -$39.5M | $8.5M | $9.2M |
| Diluted EPS | $0.47 | -$2.48 | $0.53 | $0.58 |
Bank of Marin Bancorp Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Loans (Net) | — | $2.23B | $2.07B | $2.05B | $2.05B | $2.09B |
| Total Assets | $2.91B | $4.31B | $4.15B | $3.80B | $3.70B | $3.90B |
| Deposits | $2.50B | $3.81B | $3.57B | $3.29B | $3.22B | $3.42B |
| Total Long-Term Debt | $6.8M | — | $112.4M | $26.3M | $154,000 | $44.6M |
| Total Liabilities | $2.55B | $3.86B | $3.74B | $3.36B | $3.27B | $3.51B |
| Shareholders' Equity | $358.3M | $450.4M | $412.1M | $439.1M | $435.4M | $394.7M |
Bank of Marin Bancorp Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $40.8M | $45.3M | $55.3M | $35.7M | $28.4M | $39.1M |
| Cash From Investing | -$173.4M | -$340.7M | -$218.1M | $334.7M | $195.2M | -$172.0M |
| Cash From Financing | $149.5M | $442.7M | -$139.4M | -$385.3M | -$116.7M | $220.9M |
| Free Cash Flow | $39.9M | $44.2M | $53.0M | $33.9M | $27.8M | $37.3M |
Figures from Bank of Marin Bancorp's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Bank of Marin Bancorp financials page for every line item.
Bank of Marin Bancorp Company Profile
| Ticker | BMRC |
|---|---|
| Exchange | Nasdaq |
| Industry | State Commercial Banks |
| Headquarters | Novato, California |
| Incorporated in | California |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001403475 |
Frequently Asked Questions
What was Bank of Marin Bancorp's revenue in fiscal 2025?
Bank of Marin Bancorp (BMRC) reported revenue of $29.4M for fiscal 2025.
What is Bank of Marin Bancorp's annual revenue history?
Bank of Marin Bancorp's annual revenue by fiscal year: 2020: $105.2M; 2021: $115.1M; 2022: $138.4M; 2023: $107.8M; 2024: $73.3M; 2025: $29.4M.
What was Bank of Marin Bancorp's net income in fiscal 2025?
Bank of Marin Bancorp reported net income of -$35.7M for fiscal 2025.
What was Bank of Marin Bancorp's earnings per share (EPS) in fiscal 2025?
Bank of Marin Bancorp's diluted EPS was -$2.24 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Bank of Marin Bancorp generate in fiscal 2025?
Bank of Marin Bancorp generated $37.3M of free cash flow in fiscal 2025.
What was Bank of Marin Bancorp's revenue last quarter?
In its most recent reported quarter (2026 Q2), Bank of Marin Bancorp reported revenue of $34.0M.
How much debt does Bank of Marin Bancorp have?
Bank of Marin Bancorp reported $44.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Bank of Marin Bancorp are outstanding?
Bank of Marin Bancorp reported a weighted average of 16.0 million basic shares outstanding in 2026 Q2.
What is Bank of Marin Bancorp's market cap?
Based on its latest closing price, Bank of Marin Bancorp (BMRC) has a market capitalization of about $421.2M.
When does Bank of Marin Bancorp's fiscal year end?
Bank of Marin Bancorp's fiscal year end, as registered with the SEC, is December 31.
Where is Bank of Marin Bancorp headquartered?
Bank of Marin Bancorp lists its business address in Novato, California in its SEC filings.