Bank of Marin Bancorp (BMRC) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 13, 2020
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Bank of Marin Bancorp (BMRC, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Bank of Marin Bancorp is a bank holding company. It conducts business primarily through its wholly-owned subsidiary. The Bank, provides a wide range of financial services to customers predominantly professionals, small and middle-market businesses. Bank of Marin Bancorp has a market cap of $433.780 million; its shares were traded at around $31.95 with a P/E ratio of 12.82 and P/S ratio of 4.21. The dividend yield of Bank of Marin Bancorp stocks is 2.62%. GuruFocus has detected 1 severe warning sign with Bank of Marin Bancorp. .

For the last quarter Bank of Marin Bancorp reported a revenue of $26.2 million, compared with the revenue of $26.70 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $104.8 million, an increase of 3% from last year. For the complete 30-year financial data, please go here.. For the last five years Bank of Marin Bancorp had an average revenue growth rate of 6.6% a year.

The reported diluted earnings per share was $2.48 for the year, an increase of 6.4% from previous year. Over the last five years Bank of Marin Bancorp had an EPS growth rate of 8.8% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Bank of Marin Bancorp has the cash and cash equivalents of $183.4 million, compared with $34.2 million in the previous year. The long term debt was $15.5 million, compared with $9.64 million in the previous year. Bank of Marin Bancorp has a financial strength rank of 4 (out of 10).

At the current stock price of $31.95, Bank of Marin Bancorp is traded at 11.6% premium to its historical median P/S valuation band of $28.62. The P/S ratio of the stock is 4.21, while the historical median P/S ratio is 3.68. The stock lost 26.87% during the past 12 months.

CEO Recent Trades:

  • President and CEO Russell A Colombo sold 500 shares of BMRC stock on 02/18/2020 at the average price of $44.05. The price of the stock has decreased by 27.47% since.
  • President and CEO Russell A Colombo sold 1,000 shares of BMRC stock on 02/13/2020 at the average price of $44.12. The price of the stock has decreased by 27.58% since.

Directors and Officers Recent Trades:

  • Director Jr William H Mcdevitt bought 5,200 shares of BMRC stock on 03/03/2020 at the average price of $38.3. The price of the stock has decreased by 16.58% since.
  • Executive Vice President Peter Pelham sold 5,060 shares of BMRC stock on 02/21/2020 at the average price of $43.67. The price of the stock has decreased by 26.84% since.
  • Executive Vice President Elizabeth Reizman sold 858 shares of BMRC stock on 02/18/2020 at the average price of $44.11. The price of the stock has decreased by 27.57% since.

For the complete 20-year historical financial data of BMRC, click here.