Bank Of Marin Bancorp (BMRC) Tops Q4 EPS by 8c

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Bank of Marin Bancorp Reports Record Fourth Quarter and Full Year 2018 Earnings

January 28, 2019 8:00 AM EST

NOVATO, Calif.--(BUSINESS WIRE)-- Bank of Marin Bancorp, "Bancorp" (NASDAQ: BMRC), parent company of Bank of Marin, "Bank," announced record earnings of $9.7 million in the fourth quarter of 2018, compared to $8.7 million in the third quarter of 2018 and $1.1 million in the fourth quarter of 2017. Diluted earnings per share were $0.69 in the fourth quarter of 2018, compared to $0.62 in the prior quarter and $0.08 in the same quarter a year ago. Annual earnings were $32.6 million in 2018 compared to $16.0 million a year ago. Diluted earnings per share were $2.33 for the year ended December31, 2018, compared to $1.27 per share for the year... More