Bank Of Marin Bancorp (BMRC) Tops Q3 EPS by 6c

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Go back to Bank Of Marin Bancorp (BMRC) Tops Q3 EPS by 6c

Bank of Marin Bancorp Reports Record Quarterly Earnings of $8.7 Million; Increases Dividend and Announces 2:1 Stock Split

October 22, 2018 8:00 AM EDT

NOVATO, Calif.--(BUSINESS WIRE)-- Bank of Marin Bancorp, "Bancorp" (NASDAQ: BMRC), parent company of Bank of Marin, "Bank," announced record earnings of $8.7 million in the third quarter of 2018, compared to $7.9 million in the second quarter of 2018 and $5.1 million in the third quarter of 2017. Diluted earnings per share were $1.23 in the third quarter of 2018, compared to $1.12 in the prior quarter and $0.83 in the same quarter last year. Year-to-date earnings totaled $23.0 million, compared to $14.9 million in the same period last year. Diluted earnings per share were $3.27 and $2.41 in the nine months ended September 30, 2018 and 2017, respectively.... More