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Stock impact report

Bank of Marin Bancorp Reports Fourth Quarter and Full Year 2024 Earnings

Bank of Marin Bancorp (BMRC) 
Last bank of marin bancorp earnings: 4/20 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4164467
Company Research Source: Business Wire
Strategic Actions Drive Further Improvements in Financial Performance NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp, "Bancorp" (Nasdaq: BMRC), parent company of Bank of Marin, "Bank," today announced earnings of $6.0 million for the fourth quarter of 2024, compared to $4.6 million for the third quarter of 2024. Diluted earnings per share were $0.38 for the fourth quarter of 2024, up 35.71% compared to $0.28 for the prior quarter.“As expected, our strategic balance sheet repositioning and actions to reduce costs in 2024 positively impacted our fourth quarter results,” said Tim Myers, President and Chief Executive Officer. “We increased our net income and earnings per share, with both being bolstered by net interest margin expansion and decreased operating expenses. Our strong financial performance and prudent balance sheet management resulted in further increases in our capital ratios during the fourth quarter.“Our lending teams are more consistently generating attractive o Show less Read more
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