Quarterly ResultAug 6, 2026, 05:00 PM
Bank of Marin Bancorp Q2 Net Income $9.25M; EPS $0.58
AI Summary
Bank of Marin Bancorp reported a net income of $9.25 million for Q2 2026, a significant turnaround from a net loss of $8.54 million in Q2 2025. Diluted EPS for the quarter was $0.58, compared to a loss of $0.53 in the prior year. The company's net interest income increased by 23.26% year-over-year to $30.78 million, while total assets slightly decreased to $3.86 billion.
Key Highlights
- Q2 2026 Net Income was $9.25 million, up from a net loss of $8.54 million in Q2 2025.
- Diluted EPS for Q2 2026 was $0.58, compared to a diluted loss per share of $0.53 in Q2 2025.
- Net Interest Income for Q2 2026 increased by 23.26% to $30.78 million from $24.97 million in Q2 2025.
- Total Assets decreased by 1.23% to $3.86 billion at June 30, 2026, from $3.90 billion at December 31, 2025.
- Total Deposits decreased by 1.33% to $3.37 billion at June 30, 2026, from $3.42 billion at December 31, 2025.
- Loans, net of allowance for credit losses, were $2.08 billion at June 30, 2026, a slight decrease from $2.09 billion at December 31, 2025.
- The company declared a cash dividend of $0.25 per common share.
Price Impact
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