Quarterly ResultJul 27, 2026, 08:36 AM
Bank of Marin Bancorp Q2 EPS $0.58; Net Income $9.2M; Declares $0.25 Dividend
AI Summary
Bank of Marin Bancorp reported second quarter 2026 net income of $9.2 million, or $0.58 diluted earnings per share, reflecting an 8.6% and 9.4% increase respectively from the prior quarter. The company achieved a 14 basis point expansion in its net interest margin to 3.38% and improved capital ratios. The Board of Directors also approved a quarterly cash dividend of $0.25 per share, payable on August 13, 2026.
Key Highlights
- Net income for Q2 2026 was $9.2 million, an 8.6% increase from Q1 2026.
- Diluted earnings per share for Q2 2026 was $0.58, up 9.4% from Q1 2026.
- Net interest margin expanded by 14 basis points to 3.38% in Q2 2026.
- Board approved a quarterly cash dividend of $0.25 per share.
- Special mention loans decreased by $18.5 million to $100.9 million.
- Bancorp's total risk-based capital improved by 32 basis points to 15.58%.
- Total deposits decreased by 1.7% to $3.370 billion.
- Funded loans in Q2 2026 were $62.8 million, up 3% from prior quarter.
Price Impact
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