Tearsheet

Bank of Marin Bancorp (BMRC)


Market Price (5/1/2026): $26.02 | Market Cap: $413.9 Mil
Sector: Financials | Industry: Regional Banks

Bank of Marin Bancorp (BMRC)


Market Price (5/1/2026): $26.02
Market Cap: $413.9 Mil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4%, Dividend Yield is 4.0%, FCF Yield is 8.4%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -62%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 48%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 37%

Low stock price volatility
Vol 12M is 28%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments.

Weak multi-year price returns
3Y Excs Rtn is -15%

Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 41x

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.6%

Key risks
BMRC key risks include [1] intense competition from larger super-regional and national commercial banks that possess greater financial resources, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4%, Dividend Yield is 4.0%, FCF Yield is 8.4%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -62%
2 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 48%
3 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 37%
4 Low stock price volatility
Vol 12M is 28%
5 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments.
6 Weak multi-year price returns
3Y Excs Rtn is -15%
7 Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 41x
8 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.6%
9 Key risks
BMRC key risks include [1] intense competition from larger super-regional and national commercial banks that possess greater financial resources, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Bank of Marin Bancorp (BMRC) stock has lost about 5% since 1/31/2026 because of the following key factors:

1. The stock experienced a decline following its Q1 2026 earnings report on April 27, 2026, where the company reported an earnings per share (EPS) of $0.53, missing the analyst consensus estimate of $0.56 by $0.03. This EPS shortfall, despite beating revenue estimates of $33.87 million with reported revenue of $34.29 million, led to a 0.81% drop in the stock price on the day of the announcement.

2. Broader macroeconomic headwinds and a downturn in the regional banking sector significantly impacted investor sentiment. The SPDR S&P Regional Banking ETF (KRE), which includes BMRC, plummeted approximately 5% on March 2, 2026, marking a volatile period for financial institutions. This sector-wide weakness was driven by factors such as rising inflation risk, which reduced expectations for interest rate cuts in 2026, and a general slowdown in the U.S. economy. Regional banks also faced slowing net interest income growth and cautious commercial lending.

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Stock Movement Drivers

Fundamental Drivers

The -3.6% change in BMRC stock from 1/31/2026 to 4/30/2026 was primarily driven by a -3.6% change in the company's P/E Multiple.
(LTM values as of)13120264302026Change
Stock Price ($)26.6125.64-3.6%
Change Contribution By: 
Total Revenues ($ Mil)93930.0%
Net Income Margin (%)10.6%10.6%0.0%
P/E Multiple42.941.3-3.6%
Shares Outstanding (Mil)16160.0%
Cumulative Contribution-3.6%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 4/30/2026
ReturnCorrelation
BMRC-3.6% 
Market (SPY)3.6%41.3%
Sector (XLF)-1.9%59.4%

Fundamental Drivers

The 1.4% change in BMRC stock from 10/31/2025 to 4/30/2026 was primarily driven by a 37.3% change in the company's Net Income Margin (%).
(LTM values as of)103120254302026Change
Stock Price ($)25.2725.641.4%
Change Contribution By: 
Total Revenues ($ Mil)90934.0%
Net Income Margin (%)7.7%10.6%37.3%
P/E Multiple58.541.3-29.3%
Shares Outstanding (Mil)16160.5%
Cumulative Contribution1.4%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 4/30/2026
ReturnCorrelation
BMRC1.4% 
Market (SPY)5.5%30.7%
Sector (XLF)0.4%53.8%

Fundamental Drivers

The 30.3% change in BMRC stock from 4/30/2025 to 4/30/2026 was primarily driven by a 33.4% change in the company's Total Revenues ($ Mil).
(LTM values as of)43020254302026Change
Stock Price ($)19.6825.6430.3%
Change Contribution By: 
Total Revenues ($ Mil)709333.4%
P/S Multiple4.54.4-2.5%
Shares Outstanding (Mil)16160.2%
Cumulative Contribution30.3%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 4/30/2026
ReturnCorrelation
BMRC30.3% 
Market (SPY)30.4%42.3%
Sector (XLF)8.6%57.7%

Fundamental Drivers

The 68.8% change in BMRC stock from 4/30/2023 to 4/30/2026 was primarily driven by a 694.7% change in the company's P/E Multiple.
(LTM values as of)43020234302026Change
Stock Price ($)15.1925.6468.8%
Change Contribution By: 
Total Revenues ($ Mil)13893-32.6%
Net Income Margin (%)33.7%10.6%-68.6%
P/E Multiple5.241.3694.7%
Shares Outstanding (Mil)16160.3%
Cumulative Contribution68.8%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 4/30/2026
ReturnCorrelation
BMRC68.8% 
Market (SPY)78.7%36.9%
Sector (XLF)65.0%56.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
BMRC Return11%-9%-29%14%14%-1%-8%
Peers Return13%20%-15%8%3%11%43%
S&P 500 Return27%-19%24%23%16%4%90%

Monthly Win Rates [3]
BMRC Win Rate67%42%33%58%50%50% 
Peers Win Rate56%48%38%48%50%80% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
BMRC Max Drawdown-9%-18%-57%-34%-17%-9% 
Peers Max Drawdown-1%-5%-46%-21%-14%-1% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: WABC, TCBK, CVBF, MCHB, HFWA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/30/2026 (YTD)

How Low Can It Go

EventBMRCS&P 500
2025 US Tariff Shock
  % Loss-21.2%-18.8%
  % Gain to Breakeven26.9%23.1%
  Time to Breakeven83 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-15.3%-9.5%
  % Gain to Breakeven18.1%10.5%
  Time to Breakeven21 days24 days
2023 SVB Regional Banking Crisis
  % Loss-54.1%-6.7%
  % Gain to Breakeven117.6%7.1%
  Time to Breakeven936 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-18.3%-24.5%
  % Gain to Breakeven22.4%32.4%
  Time to Breakeven184 days427 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-12.2%-17.9%
  % Gain to Breakeven14.0%21.8%
  Time to Breakeven24 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-10.8%-15.4%
  % Gain to Breakeven12.1%18.2%
  Time to Breakeven11 days125 days

Compare to WABC, TCBK, CVBF, MCHB, HFWA

In The Past

Bank of Marin Bancorp's stock fell -21.2% during the 2025 US Tariff Shock. Such a loss loss requires a 26.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventBMRCS&P 500
2025 US Tariff Shock
  % Loss-21.2%-18.8%
  % Gain to Breakeven26.9%23.1%
  Time to Breakeven83 days79 days
2023 SVB Regional Banking Crisis
  % Loss-54.1%-6.7%
  % Gain to Breakeven117.6%7.1%
  Time to Breakeven936 days31 days
2008-2009 Global Financial Crisis
  % Loss-38.7%-53.4%
  % Gain to Breakeven63.2%114.4%
  Time to Breakeven108 days1085 days

Compare to WABC, TCBK, CVBF, MCHB, HFWA

In The Past

Bank of Marin Bancorp's stock fell -21.2% during the 2025 US Tariff Shock. Such a loss loss requires a 26.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Bank of Marin Bancorp (BMRC)

Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to small to medium-sized businesses, professionals, not-for-profit organizations, and individuals in California, the United States. It offers personal and business checking and savings accounts; and individual retirement, health savings, and demand deposit marketplace accounts, as well as time certificates of deposit, certificate of deposit account registry and insured cash sweep services. The company also provides commercial real estate, commercial and industrial, and consumer loans, as well as construction financing and home equity lines of credit. In addition, it offers merchant and payroll, and cash management services; credit cards; fraud detection tools; and mobile deposit, remote deposit capture, automated clearing house, wire transfer, and image lockbox services. Further, the company provides wealth management and trust services comprising customized investment portfolio management, financial planning, trust administration, estate settlement, and custody services, as well as 401(k) plan services; and automated teller machines, and telephone and digital banking services. It operates through 12 branch offices in Marin, southern Sonoma counties, and north of San Francisco, California; and a loan production office in San Francisco. The company was incorporated in 1989 and is headquartered in Novato, California.

AI Analysis | Feedback

Here are 1-3 brief analogies for Bank of Marin Bancorp (BMRC):

  • A local Bank of America, specifically serving businesses and individuals in Northern California's Marin and Sonoma counties.

  • Like a community-oriented U.S. Bank, providing a full range of financial and wealth management services to businesses and professionals north of San Francisco.

AI Analysis | Feedback

  • Deposit Accounts: Offers various checking, savings, individual retirement, health savings, and time deposit accounts for individuals and businesses.
  • Lending Services: Provides commercial real estate, commercial and industrial, consumer, construction, and home equity lines of credit.
  • Cash Management Services: Delivers merchant, payroll, fraud detection, and advanced digital banking tools like remote deposit capture and wire transfers to businesses.
  • Credit Cards: Issues credit cards to support consumer and business financial needs.
  • Wealth Management & Trust Services: Offers customized investment portfolio management, financial planning, trust administration, estate settlement, and 401(k) plan services.

AI Analysis | Feedback

Bank of Marin Bancorp (BMRC) primarily serves the following categories of customers:

  • Small to medium-sized businesses
  • Professionals
  • Not-for-profit organizations
  • Individuals

AI Analysis | Feedback

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AI Analysis | Feedback

Here is the management team for Bank of Marin Bancorp:

Timothy D. Myers President & Chief Executive Officer

Tim Myers began his career at Bank of Marin in 2007 as regional manager of the San Francisco Commercial Banking Office. He was promoted to lead the Commercial Banking division in 2013, named chief operating officer in 2020, and assumed the role of President and CEO in November 2021. Prior to joining Bank of Marin, he held leadership roles at other financial institutions, including vice president and Commercial Banking officer at U.S. Bank, National Association, and Comerica Bank. Myers has nearly 30 years of experience in financial services.

Dave Bonaccorso Executive Vice President, Chief Financial Officer and Principal Accounting Officer

Dave Bonaccorso was appointed Executive Vice President, Chief Financial Officer, and Principal Accounting Officer of Bank of Marin Bancorp, effective January 2, 2025. He joined Bank of Marin in August 2023 as treasurer, playing a critical role in the Bank's 2024 balance sheet and repositioning activities. Bonaccorso's career in financial services began in 1995. He previously served as the treasurer of Rabobank, N.A. and Mechanics Bank from January 2018 to September 2023. Earlier in his career, he worked in investment banking, providing fixed income and equity markets services to over 200 West Coast banks at firms such as Wells Fargo Securities and Keefe, Bruyette & Woods.

Misako Stewart Executive Vice President, Chief Credit Officer

Misako Stewart joined Bank of Marin in 2013 as a Senior Vice President, Commercial Banking Manager. She was named Senior Vice President, Senior Credit Manager within Commercial Banking in 2018, before becoming Chief Credit Officer in 2021, succeeding Beth Reizman. Stewart has over 30 years of experience, primarily focused on credit administration for mid-sized businesses and commercial lending, including a niche in wine industry finance. She previously served as Vice President in Commercial Banking at Union Bank for seven years.

Sathis Arasadi Executive Vice President, Chief Information Officer

Sathis Arasadi joined Bank of Marin in 2023 as Chief Information Officer. In this role, he is responsible for Technology, Security, Facilities/Administrative Services, Fraud Analysis, and Operations. Arasadi's career in financial services spans over two decades, specializing in engineering and financial technology (fintech), where he has directed large-scale digital and technology transformations.

Brandi Campbell Executive Vice President, Head of Retail Banking

Brandi Campbell oversees Bank of Marin's retail division, which includes a network of over 30 branches across Northern California. She became the head of Retail Banking in 2020. Prior to this role, she was the bank's regional manager, responsible for building market share in Napa, Sonoma, and Alameda counties. Campbell has nearly 30 years of experience in the financial services industry, having spent a majority of her career as a senior leader in consumer banking and customer service at Bank of America.

AI Analysis | Feedback

The key risks to Bank of Marin Bancorp (BMRC) include:

  1. Commercial Real Estate (CRE) Exposure and Credit Risk: As a regional bank operating in California, Bank of Marin Bancorp is significantly exposed to commercial real estate loans, a sector facing considerable pressure. The commercial property market is experiencing increasing vacancies and declining property values due to high interest rates, which heightens the risk of loan defaults for banks. Office loan delinquencies, in particular, are surging and approaching levels seen during the 2008 financial crisis. A substantial volume of CRE loans is scheduled for refinancing in the near future, which could exacerbate difficulties for borrowers in the current higher interest rate environment. Bank of Marin Bancorp's 2025 annual report indicates increasing credit risk and loan modifications, and the bank is preparing for further credit deterioration, which could negatively impact its profitability and capital ratios.
  2. Population Decline and Economic Slowdown in Core Markets: Bank of Marin Bancorp's primary market in Marin County is experiencing persistent out-migration and a shrinking population. This demographic trend is undermining long-term local labor force and consumer services demand, creating a fundamental challenge for the bank's organic deposit and loan growth. The population of Marin County declined between 2022 and 2023, and is projected to continue decreasing, which poses a significant headwind for the bank's long-term expansion. Additionally, the local economy in Marin County is anticipated to slow down in late 2025.
  3. Material Weakness in Internal Control over Financial Reporting: Bank of Marin Bancorp identified material classification errors in certain reciprocal network deposits and related expenses, necessitating a restatement of its audited financial statements for 2023–2024 and multiple interim periods in 2024–2025. Although these errors did not affect net income or earnings per share, the company concluded that a material weakness existed in its internal control over financial reporting as of December 31, 2025. This material weakness indicates a significant deficiency in the bank's internal processes for financial reporting, which could impact investor confidence and lead to increased regulatory scrutiny until fully remediated.

AI Analysis | Feedback

The continued rise and sophistication of digital-only banks (neobanks), fintech companies, and alternative lending platforms pose a clear emerging threat to Bank of Marin Bancorp. These digital-first competitors leverage technology to offer banking, lending, payment, and wealth management services with significantly lower overheads, often providing superior digital user experiences, more competitive rates, and streamlined processes. This directly challenges BMRC's traditional branch-based model for attracting and retaining individuals, small to medium-sized businesses, and professionals in its geographic markets, potentially eroding its deposit base, lending opportunities, and wealth management clientele.

AI Analysis | Feedback

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AI Analysis | Feedback

Bank of Marin Bancorp (BMRC) is expected to drive future revenue growth over the next 2-3 years through several strategic initiatives and market conditions: * **Net Interest Margin (NIM) Expansion through Balance Sheet Repositioning:** The company completed a strategic balance sheet repositioning in the fourth quarter of 2025, which involved selling securities and reinvesting the proceeds into higher-yielding loans and short-duration securities. This initiative is designed to improve future earnings, increase net interest margin, and drive earnings per share growth. Management anticipates this repositioning will contribute approximately $0.40 per share in earnings accretion over twelve months and lead to a 25 basis point lift to net interest margin. The bank aims for margin expansion to historical levels above 4%. * **Robust Loan Growth:** Bank of Marin Bancorp is forecasting mid-single-digit loan growth for 2026. The loan pipeline was reportedly 30% higher than the previous year in Q4 2025, with newly funded loans reaching $106.5 million in the quarter. The bank has also observed healthy demand for commercial real estate (CRE) loans that meet its underwriting standards and is experiencing diversified loan originations across various commercial banking categories. Total loan originations for the full year 2025 were $374 million, with $274 million funded, marking a 79% increase from the prior year. * **Effective Management of Deposit Costs and Continued Deposit Growth:** The company has demonstrated success in managing its deposit costs, with strategic pricing adjustments leading to a 10 basis point reduction in the cost of deposits in Q4 2025. Deposits increased at an annualized rate of 3.90% in Q4 2025, and non-interest-bearing deposits constituted a strong 43.7% of total deposits. Management plans to continue making targeted deposit cost reductions in 2026, which are expected to further contribute to margin expansion. Deposit growth is being achieved through both long-term client relationships and the addition of new client relationships. * **Expansion into Growth Markets and Digital Investments:** Bank of Marin Bancorp is also focusing on expansion into key growth markets, such as the Greater Sacramento area, and making digital investments. These efforts are anticipated to boost revenue, enhance efficiency, strengthen client relationships, and reduce long-term costs.

AI Analysis | Feedback

Share Repurchases

  • Bank of Marin Bancorp's board authorized a new stock repurchase program of up to $25.0 million through July 31, 2027, replacing a prior program approved in 2023.
  • Under the program approved in 2023, the Bancorp repurchased $6.4 million worth of shares.
  • In fiscal year 2024, the company spent $4.3 million on share buybacks.

Share Issuance

  • In August 2021, as part of the acquisition of American River Bankshares, each share of American River Bankshares common stock was converted into 0.575 shares of Bank of Marin Bancorp common stock.
  • On March 2, 2026, an executive vice president received a grant of 6,496 common shares as an equity award.

Outbound Investments

  • In April 2021, Bank of Marin Bancorp announced the acquisition of American River Bank, expanding its reach into the Sacramento area.
  • The acquisition of American River Bankshares was completed in August 2021, with the total deal consideration valued at approximately $125 million.

Capital Expenditures

  • Bank of Marin Bancorp invested $520K in capital expenditures in fiscal year 2024.
  • This amount represents a 70.3% decrease in capital expenditures from the prior year.

Latest Trefis Analyses

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

BMRCWABCTCBKCVBFMCHBHFWAMedian
NameBank of .Westamer.TriCo Ba.CVB Fina.Mechanic.Heritage. 
Mkt Price25.6454.8250.2720.3714.7727.5226.58
Mkt Cap0.41.41.62.83.30.91.5
Rev LTM93258411515649246335
Op Inc LTM-------
FCF LTM34120128217-86120
FCF 3Y Avg33139122251-82122
CFO LTM36122133221-95122
CFO 3Y Avg35141127256-90127

Growth & Margins

BMRCWABCTCBKCVBFMCHBHFWAMedian
NameBank of .Westamer.TriCo Ba.CVB Fina.Mechanic.Heritage. 
Rev Chg LTM48.5%-12.2%5.8%8.2%-13.5%8.2%
Rev Chg 3Y Avg-3.6%0.3%0.8%-1.9%-0.1%0.1%
Rev Chg Q13.5%-9.0%8.6%25.0%37.5%16.3%14.9%
QoQ Delta Rev Chg LTM4.0%-2.4%2.1%5.5%9.2%3.9%3.9%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM38.9%47.2%32.4%43.0%-38.5%38.9%
CFO/Rev 3Y Avg36.9%48.1%31.5%49.8%-37.7%37.7%
FCF/Rev LTM36.9%46.4%31.1%42.2%-34.8%36.9%
FCF/Rev 3Y Avg35.1%47.5%30.2%48.9%-34.5%35.1%

Valuation

BMRCWABCTCBKCVBFMCHBHFWAMedian
NameBank of .Westamer.TriCo Ba.CVB Fina.Mechanic.Heritage. 
Mkt Cap0.41.41.62.83.30.91.5
P/S4.45.34.05.35.13.84.8
P/Op Inc-------
P/EBIT-------
P/E41.311.713.413.212.113.813.3
P/CFO11.311.212.212.4-9.911.3
Total Yield6.4%12.0%10.2%11.6%8.3%10.7%10.5%
Dividend Yield4.0%3.4%2.8%4.0%0.0%3.5%3.5%
FCF Yield 3Y Avg10.4%10.2%8.3%9.1%-10.4%10.2%
D/E0.00.00.00.20.10.00.0
Net D/E-0.6-1.5-0.00.0-0.2-0.8-0.4

Returns

BMRCWABCTCBKCVBFMCHBHFWAMedian
NameBank of .Westamer.TriCo Ba.CVB Fina.Mechanic.Heritage. 
1M Rtn0.0%5.1%5.7%5.1%0.1%5.8%5.1%
3M Rtn-2.9%9.7%2.4%5.5%0.0%8.0%3.9%
6M Rtn-0.6%16.5%16.3%12.0%13.0%25.1%14.7%
12M Rtn30.3%17.6%34.4%14.5%20.3%25.6%23.0%
3Y Rtn75.8%53.8%59.5%59.9%20.3%80.8%59.7%
1M Excs Rtn-10.4%-5.3%-4.7%-5.4%-10.3%-4.6%-5.3%
3M Excs Rtn-6.4%6.3%-1.1%2.1%-3.4%4.6%0.5%
6M Excs Rtn-4.2%10.4%10.7%4.0%7.7%15.6%9.0%
12M Excs Rtn-2.3%-13.2%3.2%-16.6%-9.3%-4.7%-7.0%
3Y Excs Rtn-15.1%-22.1%-25.9%-17.3%-56.8%2.5%-19.7%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Community banking105138115105105
Total105138115105105


Price Behavior

Price Behavior
Market Price$25.64 
Market Cap ($ Bil)0.4 
First Trading Date12/23/1999 
Distance from 52W High-7.4% 
   50 Days200 Days
DMA Price$25.49$25.09
DMA Trendupdown
Distance from DMA0.6%2.2%
 3M1YR
Volatility24.9%28.2%
Downside Capture0.520.45
Upside Capture56.6688.58
Correlation (SPY)38.3%42.1%
BMRC Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.580.440.650.570.950.91
Up Beta0.740.630.680.871.280.96
Down Beta1.090.440.600.320.790.90
Up Capture11%34%54%45%80%71%
Bmk +ve Days15223166141428
Stock +ve Days10203156116358
Down Capture173%37%77%62%89%96%
Bmk -ve Days4183056108321
Stock -ve Days11223268132381

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BMRC
BMRC27.4%28.3%0.85-
Sector ETF (XLF)8.8%14.7%0.3657.4%
Equity (SPY)30.6%12.5%1.8842.2%
Gold (GLD)38.6%27.2%1.18-11.1%
Commodities (DBC)48.6%18.0%2.07-16.1%
Real Estate (VNQ)13.9%13.5%0.7136.6%
Bitcoin (BTCUSD)-19.3%42.1%-0.3923.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BMRC
BMRC-2.6%33.7%-0.01-
Sector ETF (XLF)10.0%18.7%0.4153.4%
Equity (SPY)12.9%17.1%0.5937.1%
Gold (GLD)20.6%17.9%0.94-4.8%
Commodities (DBC)14.4%19.1%0.628.3%
Real Estate (VNQ)3.6%18.8%0.0936.4%
Bitcoin (BTCUSD)8.3%56.2%0.3612.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BMRC
BMRC3.6%34.7%0.20-
Sector ETF (XLF)12.7%22.2%0.5361.2%
Equity (SPY)14.9%17.9%0.7146.5%
Gold (GLD)13.5%15.9%0.70-4.1%
Commodities (DBC)9.7%17.7%0.4615.1%
Real Estate (VNQ)5.9%20.7%0.2543.8%
Bitcoin (BTCUSD)67.1%66.9%1.0611.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity0.7 Mil
Short Interest: % Change Since 3312026-4.6%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest7.4 days
Basic Shares Quantity15.9 Mil
Short % of Basic Shares4.1%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
1/26/20263.7%1.6%-1.3%
10/27/20254.9%5.2%8.9%
7/28/2025-0.6%-6.6%2.1%
4/28/20250.7%2.6%3.0%
1/27/20255.6%5.3%4.3%
10/28/20244.3%1.6%21.9%
7/29/2024-12.3%-16.4%-6.4%
4/29/2024-6.5%0.8%0.6%
...
SUMMARY STATS   
# Positive111211
# Negative121112
Median Positive3.3%2.2%8.9%
Median Negative-2.7%-6.8%-4.0%
Max Positive5.6%13.4%21.9%
Max Negative-12.3%-16.4%-20.1%

SEC Filings

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Report DateFiling DateFiling
09/30/202511/07/202510-Q
06/30/202508/08/202510-Q
03/31/202505/12/202510-Q
12/31/202403/14/202510-K
09/30/202411/08/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202303/14/202410-K
09/30/202311/08/202310-Q
06/30/202308/08/202310-Q
03/31/202305/09/202310-Q
12/31/202203/16/202310-K
09/30/202211/08/202210-Q
06/30/202208/08/202210-Q
03/31/202205/09/202210-Q
12/31/202103/15/202210-K