Bank of Marin Bancorp (BMRC) Tops Q1 EPS by 16c
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Bank of Marin Bancorp Reports Record Quarterly Earnings of $5.6 Million
April 25, 2016 8:01 AM EDTResults Reflect Strong 4th Quarter Loan Volume and Gains
NOVATO, Calif.--(BUSINESS WIRE)-- Bank of Marin Bancorp, "Bancorp" (NASDAQ: BMRC), parent company of Bank of Marin, announced record quarterly earnings of $5.6 million in the first quarter of 2016, compared to $4.9 million in the fourth quarter of 2015 and $4.5 million in the first quarter of 2015. Diluted earnings per share totaled $0.93 in the first quarter, an increase from $0.81 in the prior quarter and $0.74 in the same quarter a year ago.
We built up considerable earnings momentum coming out of 2015 which is... More
