Bank of Marin Bancorp (BMRC) Stock

Bank of Marin Bancorp (NASDAQ:BMRC ) Q3 2024 Earnings Conference Call October 28, 2024 11:30 AM ET Company Participants Krissy Meyer - Corporate Secretary Tim Myers - President & CEO Tani Girton - EVP & CFO Conference Call Participants Woody Lay - KBW Matthew Clark - Piper Sandler David Feaster - Raymond James Jeffrey Rulis - D.A. Davidson Krissy Meyer Good morning, and thank you for joining Bank of Marin Bancorp's Earnings Call for the Third Quarter Ended September 30, 2024.

DA Davidson analyst upgraded Bank of Marin Bancorp BMRC to Buy from Neutral and raised the price target to $24 from $21.

Bank of Marin (BMRC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The headline numbers for Bank of Marin (BMRC) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Bank of Marin (BMRC) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.28 per share a year ago.

As of July 29, 2024, five stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

NOVATO, Calif.--(BUSINESS WIRE)--BANK OF MARIN ANNOUNCES STRATEGIC BALANCE SHEET REPOSITIONING TO IMPROVE FUTURE EARNINGS.

Although the financial results of Bank of Marin (BMRC) in the quarter ending March 2024 provide an overview of its performance, it may be beneficial to also analyze how certain key metrics stack up against Wall Street projections and previous year's figures.

Bank of Marin reported quarterly earnings of $0.18 per share, falling short of the Zacks Consensus Estimate of $0.28 per share. This is lower than the earnings of $0.59 per share reported a year ago.