Analyst Valuation and EPS Growth for Bank of Marin Bancorp (NASDAQ:BMRC)

Earnings results for Bank of Marin Bancorp (NASDAQ:BMRC)

Bank of Marin Bancorp is expected* to report earnings on 01/25/2021 before market open. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.48. The reported EPS for the same quarter last year was $0.66.

Bank of Marin Bancorp last announced its earnings results on October 31st, 2020. The bank reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.03. The firm had revenue of $26.36 million for the quarter, compared to analyst estimates of $27.05 million. Bank of Marin Bancorp has generated $2.48 earnings per share over the last year and currently has a price-to-earnings ratio of 17.4. Bank of Marin Bancorp has confirmed that its next quarterly earnings report will be published on Monday, January 25th, 2021.

Analyst Opinion on Bank of Marin Bancorp (NASDAQ:BMRC)

2 Wall Street analysts have issued ratings and price targets for Bank of Marin Bancorp in the last 12 months. Their average twelve-month price target is $33.00, predicting that the stock has a possible downside of 17.15%. The high price target for BMRC is $33.00 and the low price target for BMRC is $33.00. There are currently 2 hold ratings for the stock, resulting in a consensus rating of “Hold.”

Bank of Marin Bancorp has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $33.00, Bank of Marin Bancorp has a forecasted downside of 17.1% from its current price of $39.83. Bank of Marin Bancorp has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Bank of Marin Bancorp (NASDAQ:BMRC)

Bank of Marin Bancorp pays a meaningful dividend of 2.31%, higher than the bottom 25% of all stocks that pay dividends. Bank of Marin Bancorp does not have a long track record of dividend growth. The dividend payout ratio of Bank of Marin Bancorp is 37.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bank of Marin Bancorp will have a dividend payout ratio of 49.46% next year. This indicates that Bank of Marin Bancorp will be able to sustain or increase its dividend.

Insiders buying/selling: Bank of Marin Bancorp (NASDAQ:BMRC)

In the past three months, Bank of Marin Bancorp insiders have not sold or bought any company stock. Only 5.23% of the stock of Bank of Marin Bancorp is held by insiders. 43.90% of the stock of Bank of Marin Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Bank of Marin Bancorp (NASDAQ:BMRC

Earnings for Bank of Marin Bancorp are expected to decrease by -7.92% in the coming year, from $2.02 to $1.86 per share. The P/E ratio of Bank of Marin Bancorp is 17.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.03. The P/E ratio of Bank of Marin Bancorp is 17.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.99. Bank of Marin Bancorp has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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