Bank Of Marin Bancorp (BMRC) Tops Q4 EPS by 12c

Bank Of Marin Bancorp (NASDAQ: BMRC) reported Q4 EPS of $0.60, $0.12 better than the analyst estimate of $0.48.

"We effectively served our clients and produced strong results for our shareholders in an extraordinary and challenging year,” said Russell A. Colombo, President and Chief Executive Officer. “We have gained actionable insight into the future of our relationship banking model, adapting to customers' increased adoption of technology and leveraging remote work to recruit and retain the best talent."

Earnings

“Bank of Marin remains true to our disciplined fundamentals of solid credit quality, capital, liquidity and expense management. Our low-cost deposit franchise is a testament to our relationship banking model,” said Tani Girton, EVP and Chief Financial Officer. “We enter 2021 confident in our ability to shift into growth mode when we transition to a post-pandemic economy."

For earnings history and earnings-related data on Bank Of Marin Bancorp (BMRC) click here.

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