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Bank Of Marin Bancorp (BMRC) Reports In-Line Q2 EPS

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Bank of Marin Bancorp Reports Second Quarter Earnings of $8.2 Million; Increases Quarterly Dividend Ten Percent

July 22, 2019 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 $8.2 million in the second quarter of 2019, compared to $7.5 million in the first quarter of 2019 and $7.9 million in the second quarter of 2018. Diluted earnings per share were $0.60 in the second quarter of 2019 compared to $0.54 in the prior quarter and $0.56 in the same quarter last year (adjusted for stock-split). Earnings for the first six months of 2019 totaled $15.7 million compared to $14.3 million in the same period last year. Diluted earnings per share were $1.13 and $1.02 (adjusted... More