📊 BMRC Key Takeaways
Investment Thesis
Bank of Marin Bancorp is experiencing severe financial distress with significant losses in the latest period, evidenced by -23.4% net margin and -9.0% ROE despite 43.7% revenue growth. The company is burning through equity with negative operating margins of -34.4% and negative interest coverage of -2.3x, indicating fundamental operational problems that extend beyond temporary headwinds. While positive free cash flow provides temporary relief, the deteriorating profitability and negative returns on equity suggest structural issues requiring immediate remediation.
BMRC Strengths
- Strong revenue growth of 43.7% YoY indicates market demand or business expansion
- Positive free cash flow of $37.3M (24.4% margin) provides liquidity buffer
- Zero long-term debt eliminates financial leverage risk and provides balance sheet flexibility
- Moderate insider activity (17 Form 4 filings) suggests ongoing management involvement
BMRC Risks
- Massive net loss of -$35.7M with negative net margin of -23.4% indicates core unprofitability
- Negative interest coverage ratio of -2.3x means company cannot cover interest expenses from operations
- Return on equity of -9.0% and ROA of -0.9% demonstrate value destruction for shareholders
- Operating margin of -34.4% reveals fundamental business model challenges despite revenue growth
- Deteriorating profitability trend with net income declining 324.2% YoY suggests worsening conditions
Key Metrics to Watch
- Quarterly operating margin trajectory and path to profitability
- Net interest margin trends and loan loss provisions
- Deposit and loan portfolio quality and growth rates
- Capital adequacy ratios and regulatory compliance metrics
- Interest coverage ratio recovery and operating expense management
BMRC Financial Metrics
💡 AI Analyst Insight
The 24.4% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
BMRC Profitability Ratios
BMRC vs Finance Sector
How Bank of Marin Bancorp compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BMRC Balance Sheet & Liquidity
BMRC 5-Year Financial Trend
5-Year Trend Summary: Bank of Marin Bancorp's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $1.24 reflects profitable operations.
BMRC Growth Metrics (YoY)
BMRC Capital Allocation
BMRC SEC Filings
Access official SEC EDGAR filings for Bank of Marin Bancorp (CIK: 0001403475)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BMRC
What is the AI rating for BMRC?
Bank of Marin Bancorp (BMRC) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BMRC's key strengths?
Strong revenue growth of 43.7% YoY indicates market demand or business expansion. Positive free cash flow of $37.3M (24.4% margin) provides liquidity buffer.
What are the risks of investing in BMRC?
Massive net loss of -$35.7M with negative net margin of -23.4% indicates core unprofitability. Negative interest coverage ratio of -2.3x means company cannot cover interest expenses from operations.
What is BMRC's revenue and growth?
Bank of Marin Bancorp reported revenue of $152.4M.
Does BMRC pay dividends?
Bank of Marin Bancorp pays dividends, with $16.1M distributed to shareholders in the trailing twelve months.
Where can I find BMRC SEC filings?
Official SEC filings for Bank of Marin Bancorp (CIK: 0001403475) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BMRC's EPS?
Bank of Marin Bancorp has a diluted EPS of $-2.24.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.