Bank of Marin
Expanded from one Marin County branch into a nine-county Bay Area and Sacramento business bank.
Something off on this page? Send us feedback.
Profile
Gathers deposits from business relationships and lends locally as a community bank spanning nine Northern California counties, built through a series of bank acquisitions rather than organic entry into new markets. Recent balance-sheet repositioning traded near-term securities losses for a higher-yielding loan and investment mix.
Operates as the holding company for a community bank combining commercial and personal banking with wealth management and trust services, funding loans through business deposit relationships, roughly half of them interest-free.
Founded in 1989 as a single Marin County branch, the bank expanded through a series of acquisitions across Napa, the East Bay, and the Sacramento region, building a footprint that now spans nine Northern California counties. No further deals have followed the last one, with recent growth coming organically instead.
Repeated balance-sheet restructurings sold long-held securities at a loss to reinvest at higher yields, a sequence that produced back-to-back annual losses as core lending and deposit trends improved. A commercial real-estate loan tied to pandemic-era office vacancy also moved to non-accrual before being resolved. The bank has maintained an uninterrupted streak of quarterly dividends across the period.
Company facts
Categories
Key statistics
Year to date +3.2% · Average volume (30d) 153.0K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 31, 2026 | Piper Sandler | Reiterate | Neutral | $30.50 | $30 | |
| Jul 29, 2026 | Stephens | Target | $26 | $30 | ||
| Jul 28, 2026 | DA Davidson | Reiterate | Buy | $24 | $34 | |
| Apr 28, 2026 | Stephens | Target | $29 | $26 | ||
| Jan 27, 2026 | Stephens | Target | $29 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 27, 2026Q2 FY26 | $0.52 | $0.58 | +12.6% | $34.0M | $34.0M | −0.2% | −3.96% |
| Apr 27, 2026Q1 FY26 | $0.56 | $0.53 | −5.4% | $33.9M | $34.1M | +0.8% | +2.61% |
| Jan 26, 2026Q4 FY25 | $0.51 | $0.59 | +15.7% | $33.1M | $34.0M | +2.7% | −2.74% |
| Oct 27, 2025Q3 FY25 | $0.42 | $0.47 | +11.9% | $32.3M | $29.8M | −7.8% | +1.40% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $37.2M | $19.6M | $40.7M | $79.3M | $46.6M | $34.3M | |
| Gross profit | $26.8M | $9.2M | $29.8M | $68.6M | $34.1M | $34.3M | |
| Operating income | $6.5M | −$11.2M | $9.6M | $46.7M | $11.6M | $12.7M | |
| Net income | $4.9M | −$8.5M | $7.5M | $39.5M | $8.5M | $9.2M | |
| Diluted EPS | $0.30 | −$0.53 | $0.47 | $2.49 | $0.53 | $0.58 | |
| Gross margin | 72.1% | 47.1% | 73.2% | 86.6% | 73.2% | 100.0% | |
| Operating margin | 17.4% | -57.1% | 23.6% | 58.9% | 24.9% | 37.0% |
Fiscal years (4-quarter sums)FY21 $118.5M · FY22 $140.9M · FY23 $139.9M · FY24 $116.4M · FY25 $176.7M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $1.52B · Total debt $23.5M · Total assets $3.86B · Shareholders' equity $396.7M
Dividends
Raised for 19 straight years — most recently to $0.25 from $0.24 in Aug 2022. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 6, 2026 | Aug 6 | Aug 13 | $0.25 | |
| May 7, 2026 | May 7 | May 14 | $0.25 | |
| Feb 5, 2026 | Feb 5 | Feb 12 | $0.25 | |
| Nov 6, 2025 | Nov 6 | Nov 13 | $0.25 | |
| Aug 7, 2025 | Aug 7 | Aug 14 | $0.25 | |
| May 8, 2025 | May 8 | May 15 | $0.25 | |
| Feb 6, 2025 | Feb 6 | Feb 13 | $0.25 | |
| Nov 7, 2024 | Nov 7 | Nov 14 | $0.25 |
Ownership
Shares outstanding 16.19M · Float 15.18M · 93.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 1.60M | 9.88% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 680.2K | 4.20% | 13F | Aug 11, 2026 |
| Vanguard Capital Management LLC | 657.9K | 4.06% | 13F | Aug 13, 2026 |
| AllianceBernstein L.P. | 613.7K | 3.79% | 13F | Aug 14, 2026 |
| Holdco Asset Management, LP | 504.4K | 3.12% | 13F | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 30, 2026 | Nicolas C. Anderson | director | +175 | $28.88 |
| Apr 30, 2026 | Nicolas C. Anderson | director | +200 | $25.68 |
Peers
- Westamerica Bancorp
North Bay commercial banking overlap with wider Central Valley branch reach
- TriCo Bancshares
$9.8B-asset Chico, CA community bank overlapping in the Sacramento region
- First Northern Community Bancorp
Sacramento Valley community bank holding company based in Dixon, California
- Preferred Bank
Los Angeles commercial bank with San Francisco branches and CRE lending
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Bank of Marin | $26.63 | +0.04% | $431.1M | 6.5 | 11.5 | 2.1 | +73.1% |
| Westamerica Bancorp | $58.07 | −0.08% | $1.36B | 12.8 | 12.5 | 5.1 | −2.5% |
| TriCo Bancshares | $53.81 | −0.01% | $1.73B | 12.9 | 12.4 | 3.2 | +9.9% |
| First Northern Community Bancorp | $17.12 | −0.06% | $280.9M | 12.3 | — | 3.1 | +3.4% |
| Preferred Bank | $103.53 | +0.15% | $1.23B | 9.5 | 9.6 | 2.4 | +4.0% |
| Median | 12.6 | 12.4 | 3.1 | +3.7% |