Bank Of Marin Bancorp (BMRC) Tops Q2 EPS by 9c

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Bank of Marin Bancorp Reports Second Quarter Earnings of $7.9 Million; Increases Dividend

July 23, 2018 8:00 AM EDT

NOVATO, Calif.--(BUSINESS WIRE)-- Bank of Marin Bancorp, "Bancorp" (NASDAQ: BMRC), parent company of Bank of Marin, "Bank," announced earnings of $7.9 million in the second quarter of 2018, compared to $6.4 million in the first quarter of 2018 and $5.2 million in the second quarter of 2017. Diluted earnings per share were $1.12 in the second quarter of 2018, compared to $0.91 in the prior quarter and $0.84 in the same quarter last year. Earnings for the first six months of 2018 totaled $14.3 million, compared to $9.7 million in the same period last year. Diluted earnings per share were $2.03 and $1.58 in the first six months of... More