Bank Of Marin Bancorp (BMRC) Tops Q1 EPS by 2c

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Go back to Bank Of Marin Bancorp (BMRC) Tops Q1 EPS by 2c

Bank of Marin Bancorp Reports First Quarter Earnings of $7.2 Million

April 20, 2020 8:00 AM EDT

Rapidly Responding to Evolving Impacts of the Novel Coronavirus

NOVATO, Calif.--(BUSINESS WIRE)-- Bank of Marin Bancorp, "Bancorp" (Nasdaq: BMRC), parent company of Bank of Marin, "Bank," announced earnings of $7.2 million in the first quarter of 2020, compared to $9.1 million in the fourth quarter of 2019 and $7.5 million in the first quarter of 2019. Diluted earnings per share were $0.53 in the first quarter of 2020 compared to $0.66 in the prior quarter and $0.54 in the same quarter last year. Net income reflected a $2.2 million provision for loan losses related to the economic... More