Bank of Marin Bancorp

Bank of Marin Bancorp announced that its subsidiary, Bank of Marin, and its Executive Vice President and Head of Retail Banking, Brandi Campbell, have mutually agreed to terminate her employment, effective October 16, 2026. In connection with her departure, Ms. Campbell will receive a separation package including three months of salary and nine months of COBRA premium reimbursement in exchange for releasing any claims against the company.

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.

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.

Bank of Marin Bancorp announced that it will host its second quarter 2026 earnings call via webcast on Monday, July 27, 2026, at 8:30 a.m. PT/11:30 a.m. ET. President and CEO Tim Myers, along with EVP and CFO Dave Bonaccorso, will discuss the financial results for the quarter ended June 30, 2026. The results will be released prior to the call, and investors can access the webcast through the company's website.

Bank of Marin Bancorp held its Annual Meeting of Shareholders on May 27, 2026. Shareholders elected ten members to the Board of Directors, approved executive compensation on an advisory basis, and ratified Baker Tilly US as the independent auditor for 2026. Following the meeting, the Board of Directors also approved the composition of its Compensation, Audit, and Nominating and Governance Committees, effective the same day.

Bank of Marin Bancorp reported a significant increase in net income for the first quarter of 2026, reaching $8.51 million, up from $4.88 million in the prior year. Diluted earnings per share also rose to $0.53 from $0.30 year-over-year. The company saw growth in net interest income and maintained a stable balance sheet with total deposits of $3.43 billion and loans, net of allowance, of $2.09 billion as of March 31, 2026. Notably, there was no provision for credit losses on loans during the quarter.

Bank of Marin Bancorp (BMRC) reported Q1 2026 net income of $8.5 million, a 75% increase year-over-year, with diluted earnings per share of $0.53, up 76.7%. The company achieved further improvements in its tax-equivalent net interest margin, which expanded by 6 basis points quarter-over-quarter to 3.24%. Asset quality significantly improved, marked by a substantial decline in non-accrual and classified loans, and total deposits grew by 0.37% with a flat cost of deposits. The Board also declared an $0.25 per share cash dividend.