Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Bank Of Marin Bancorp Q1 Profit Rises

RELATED NEWS
Trade BMRC now with 

Bank Of Marin Bancorp (BMRC: Quote), the parent company of Bank of Marin, reported first-quarter net income of $4.9 million or $0.91 per share, up from $4.5 million or $0.84 per share last year.

On average, 6 analysts polled by Thomson Reuters expected earnings of $0.77 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income for the quarter rose to $16.2 million from $15.9 million last year. Net interest margin declined to 4.97 percent from 5.44 percent in the year-ago quarter.

Analysts expected revenues of $15.79 million for the quarter.

Total non-interest income for the quarter declined to $1.7 million from $1.6 million last year.

Click here to receive FREE breaking news email alerts for Bank Of Marin Bancorp and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Reserve Bank of Australia Governor Glenn Stevens kept the foreign exchange intervention plan open to build up confidence and bring the stubbornly high currency to lower levels."The exchange rate, another channel through which monetary policy usually has an effect, is probably not doing as much as it might usually be expected to do in achieving balanced growth," he said in his opening statement. Stocks turned in another strong performance during trading on Tuesday, extending the upward trend seen over the past several sessions. The gains on the day once again lifted the tech-heavy Nasdaq to a new fourteen-year closing high. President Barack Obama revealed Monday that he is dispatching Attorney General Eric Holder to Ferguson, Missouri, amid ongoing violence in the St. Louis suburb. Obama said Holder will travel to Ferguson on Wednesday to meet with the FBI agents and Justice Department personnel conducting an investigation of the shooting death of Michael Brown.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.