Bank of Marin Bancorp (BMRC) Financial Statements & Analysis

Bank of Marin Bancorp (BMRC) Income Statement

Bank of Marin Bancorp reported revenue of $28.91M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 58.6% from $69.77M a year earlier. Bank of Marin Bancorp posted a net loss of $35.67M, compared with a net loss of $8.41M a year earlier. Gross margin was 465.1% and operating margin 178.5%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $34.27M, up 276.1% from the same quarter a year earlier.

Bank of Marin Bancorp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Bank of Marin Bancorp income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	28.91	69.77	141.70	140.69	115.06	108.19	109.52	105.22	84.86
Cost of Revenue	42.27	51.93	38.97	2.17	0.96	9.14	5.66	3.54	2.24
Gross Profit	134.46	64.46	102.73	138.52	117.50	99.05	103.86	101.68	82.62
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	51.41	48.85	47.78	45.42	44.69	36.35	36.12	35.46	31.91
Operating Expenses	82.85	78.29	76.70	75.01	72.61	58.46	57.97	58.27	53.78
Operating Income	51.62	-13.84	26.04	63.51	44.89	40.59	45.89	43.42	28.84
Other Income/Expense
Interest Income	152.43	141.27	139.49	130.04	108.35	99.64	100.44	95.08	76.60
Interest Expense	46.39	49.69	36.73	2.55	3.40	2.98	4.76	3.54	1.74
Other Income/Expense	10.65	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	-52.48	-13.84	26.04	63.51	44.89	40.59	45.89	43.42	28.84
Income Tax Expense	-16.81	-5.43	6.14	16.92	11.66	10.35	11.65	10.80	12.86
Net Income	-35.68	-8.41	19.90	46.59	33.23	30.24	34.24	32.62	15.98
Net Income - Continuous Operations	-35.68	-8.41	19.90	46.59	33.23	30.24	34.24	32.62	15.98
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	53.75	2.44	29.48	66.84	2.88	43.59	49.01	46.48	31.31
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	2.14	2.44	3.45	3.33	2.88	3.00	3.12	3.06	2.47
Earnings Per Share
Basic EPS	-2.00	-1.00	1.00	3.00	2.00	2.00	3.00	2.00	1.00
Diluted EPS	-2.00	-1.00	1.00	3.00	2.00	2.00	2.00	2.00	1.00
Basic Shares Outstanding	15.94	16.04	16.01	15.92	14.34	13.53	13.62	13.86	12.39
Diluted Shares Outstanding	15.94	16.04	16.03	15.97	14.42	13.62	13.79	14.03	12.55

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Bank of Marin Bancorp Financial Statements

What was Bank of Marin Bancorp's revenue in fiscal 2025?

Bank of Marin Bancorp reported revenue of $28.91M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 58.6% from $69.77M a year earlier.

Is Bank of Marin Bancorp profitable?

No. Bank of Marin Bancorp reported a net loss of $35.67M in fiscal 2025. In fiscal 2024 it lost $8.41M.

What is Bank of Marin Bancorp's operating margin?

Bank of Marin Bancorp's operating income was $51.62M on revenue of $28.91M in fiscal 2025, an operating margin of 178.5%, compared with -19.8% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition