Bank of Marin Bancorp (BMRC, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Bank of Marin Bancorp is a bank holding company. 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 $505.273 million; its shares were traded at around $73.00 with a P/E ratio of 28.28 and P/S ratio of 5.53. The dividend yield of Bank of Marin Bancorp stocks is 1.55%. Bank of Marin Bancorp had annual average EBITDA growth of 4.80% over the past ten years. GuruFocus rated Bank of Marin Bancorp the business predictability rank of 2-star.
For the last quarter Bank of Marin Bancorp reported a revenue of $22.1 million, compared with the revenue of $20.44 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $83.1 million, an increase of 1% from last year. For the last five years Bank of Marin Bancorp had an average revenue growth rate of 4.2% a year.
The reported diluted earnings per share was $2.55 for the year, a decline of 32.5% from the previous year. Over the last five years Bank of Marin Bancorp had an average EPS decline of 0.5% a year. The Bank of Marin Bancorp had a decent operating margin of 34.69%, compared with the operating margin of 44.31% a year before. The 10-year historical median operating margin of Bank of Marin Bancorp is 37.59%. The profitability rank of the company is 5 (out of 10).
At the end of the fiscal year, Bank of Marin Bancorp has the cash and cash equivalents of $203.5 million, compared with $48.8 million in the previous year. The long term debt was $5.74 million, compared with $5.59 million in the previous year. The interest coverage to the debt is at a comfortable level of 16.5. Bank of Marin Bancorp has a financial strength rank of 6 (out of 10).
At the current stock price of $73.00, Bank of Marin Bancorp is traded at 57.4% premium to its historical median P/S valuation band of $46.39. The P/S ratio of the stock is 5.53, while the historical median P/S ratio is 3.52. The intrinsic value of the stock is $28.14 a share, according to GuruFocus DCF Calculator. The stock gained 7.37% during the past 12 months.
CEO Recent Trades:
- President and CEO Russell A Colombo sold 1,500 shares of BMRC stock on 02/15/2018 at the average price of $68. The price of the stock has increased by 7.35% since.
For the complete 20-year historical financial data of BMRC, click here.
