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Stock impact report

Bank of Marin Bancorp Reports Third Quarter Financial Results

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 Taken in First Half of 2024 Result in Improved Profitability NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp, "Bancorp" (Nasdaq: BMRC), parent company of Bank of Marin, "Bank," announced net income of $4.6 million for the third quarter of 2024, compared to a net loss of $21.9 million for the second quarter of 2024. Diluted earnings per share was $0.28 for the third quarter, compared to a net loss per share of $(1.36) for the prior quarter. Net loss for the first nine months of 2024 totaled $14.4 million, compared to net income of $19.3 million for the same period last year. Diluted (loss) earnings per share were $(0.90) and $1.20 for the first nine months of 2024 and 2023, respectively. Year-to-date 2024 results reflected a $32.5 million pretax loss from the balance sheet restructuring in the second quarter.Concurrent with this release, Bancorp issued presentation slides providing supplemental information, some of which will be discussed during the third qu Show less Read more
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