Bank Of Marin Bancorp (BMRC) Tops Q3 EPS by 18c

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Bank of Marin Bancorp Reports Third Quarter Earnings of $5.3 Million

October 25, 2021 8:00 AM EDT

American River Acquisition Complete, Integration Begins

NOVATO, Calif.--(BUSINESS WIRE)-- Bank of Marin Bancorp, "Bancorp" (Nasdaq: BMRC), parent company of Bank of Marin, "Bank," announced earnings of $5.3 million in the third quarter of 2021 compared to $9.3 million in the second quarter of 2021 and $7.5 million in the third quarter of 2020. Diluted earnings per share were $0.35 in the third quarter, $0.71 in the prior quarter, and $0.55 in the same quarter last year. Third quarter 2021 earnings were significantly reduced by the costs associated with our recent acquisition. For the first nine months of 2021,... More