Bank Of Marin Bancorp (BMRC) Tops Q4 EPS by 10c

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Go back to Bank Of Marin Bancorp (BMRC) Tops Q4 EPS by 10c

Bank of Marin Bancorp Reports Record Annual Earnings of $23.1 Million

January 23, 2017 8:00 AM EST

NOVATO, Calif.--(BUSINESS WIRE)-- Bank of Marin Bancorp, "Bancorp" (NASDAQ: BMRC), parent company of Bank of Marin "Bank," announced earnings of $5.7 million in the fourth quarter of 2016, compared to $7.0 million in the third quarter of 2016 and $4.9 million in the fourth quarter of 2015. Diluted earnings per share were $0.93 in the fourth quarter of 2016, compared to $1.14 in the prior quarter and $0.81 in the same quarter a year ago. Annual earnings increased 25.4% to $23.1 million in 2016 from $18.4 million a year ago. Diluted earnings per share were $3.78 for the year ended December 31, 2016, compared to $3.04 per share for the year ended December... More