Bank Of Marin Bancorp (BMRC) Misses Q1 EPS by 6c

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Bank of Marin Bancorp Reports Earnings of $4.5 Million

April 24, 2017 8:00 AM EDT

Announces 48th Consecutive Quarterly Cash Dividend

NOVATO, Calif.--(BUSINESS WIRE)-- Bank of Marin Bancorp, "Bancorp" (NASDAQ: BMRC), parent company of Bank of Marin, announced earnings of $4.5 million in the first quarter of 2017, compared to $5.7 million in the fourth quarter of 2016 and $5.6 million in the first quarter of 2016. Diluted earnings per share were $0.74 in the first quarter of 2017, compared to $0.93 in both the prior quarter and the same quarter last year.

The Bank continues to operate at a very high level, said Russell A. Colombo, President and Chief Executive Officer.... More