Bank of Marin Bancorp (BMRC) Stock Forecast, Price Target & Predictions
BMRC Stock Forecast
Bank of Marin Bancorp stock forecast is as follows: an average price target of $24.00 (represents a -6.65% downside from BMRC’s last price of $25.71) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
BMRC Price Target
The average price target for Bank of Marin Bancorp (BMRC) is $24.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $24.00 to $24.00. This represents a potential -6.65% downside from BMRC's last price of $25.71.
BMRC Analyst Ratings
According to 3 Wall Street analysts, Bank of Marin Bancorp's rating consensus is 'Hold'. The analyst rating breakdown for BMRC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Bank of Marin Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 10, 2024 | Jeff Rulis | D.A. Davidson | $24.00 | $21.72 | 10.50% | -6.65% |
| Apr 30, 2024 | Jeff Rulis | D.A. Davidson | $15.00 | $14.33 | 4.68% | -41.66% |
The latest Bank of Marin Bancorp stock forecast, released on Oct 10, 2024 by Jeff Rulis from D.A. Davidson, set a price target of $24.00, which represents a 10.50% increase from the stock price at the time of the forecast ($21.72), and a -6.65% decrease from BMRC last price ($25.71).
Bank of Marin Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $24.00 | $19.50 |
| Last Closing Price | $25.71 | $25.71 | $25.71 |
| Upside/Downside | -100.00% | -6.65% | -24.15% |
In the current month, the average price target of Bank of Marin Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Bank of Marin Bancorp's last price of $25.71. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 27, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Jun 27, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jun 27, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| May 03, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Buy | Upgrade |
Bank of Marin Bancorp's last stock rating was published by Keefe, Bruyette & Woods on Jun 27, 2024. The company gave BMRC a "Underperform" rating, the same as its previous rate.
Bank of Marin Bancorp Financial Forecast
Bank of Marin Bancorp Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $32.14M | $27.07M | $26.87M | $32.83M | $35.96M | $35.75M | $33.92M | $32.77M | $33.35M | $31.32M | $26.56M | $23.86M | $25.43M | $26.36M | $26.19M | $27.24M | $26.21M | $26.87M |
| Avg Forecast | $31.60M | $31.40M | $30.80M | $30.10M | $31.16M | $30.36M | $29.30M | $28.40M | $28.15M | $27.62M | $25.66M | $26.51M | $27.54M | $27.06M | $28.74M | $34.51M | $36.95M | $35.47M | $33.46M | $33.36M | $33.38M | $29.80M | $26.73M | $26.35M | $25.65M | $27.43M | $26.05M | $25.95M | $26.15M | $26.15M |
| High Forecast | $32.03M | $31.82M | $31.22M | $30.51M | $31.58M | $30.77M | $29.69M | $28.85M | $28.40M | $27.63M | $25.66M | $26.51M | $27.64M | $27.72M | $29.13M | $34.98M | $37.45M | $35.47M | $33.46M | $33.36M | $33.38M | $29.80M | $26.73M | $26.35M | $25.65M | $27.43M | $26.05M | $25.95M | $26.15M | $26.15M |
| Low Forecast | $31.19M | $30.99M | $30.40M | $29.71M | $30.75M | $29.97M | $28.92M | $27.95M | $27.90M | $27.61M | $25.66M | $26.51M | $27.44M | $25.61M | $28.37M | $34.06M | $36.47M | $35.47M | $33.46M | $33.36M | $33.38M | $29.80M | $26.73M | $26.35M | $25.65M | $27.43M | $26.05M | $25.95M | $26.15M | $26.15M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.00% | 0.93% | 0.95% | 0.97% | 1.01% | 1.01% | 0.98% | 1.00% | 1.05% | 0.99% | 0.91% | 0.99% | 0.96% | 1.01% | 1.05% | 1.00% | 1.03% |
Bank of Marin Bancorp's average Quarter revenue forecast for Mar 24 based on 1 analysts is $26.51M, with a low forecast of $26.51M, and a high forecast of $26.51M. BMRC's average Quarter revenue forecast represents a -17.51% decrease compared to the company's last Quarter revenue of $32.14M (Dec 23).
Bank of Marin Bancorp EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-358.00K | $17.95M | $16.76M | $9.58M | $19.42M | $17.98M | $16.38M | $15.60M | $15.02M | $8.13M | $13.58M | $14.43M | $12.36M | $11.22M | $11.41M | $11.57M | $14.47M | $14.25M |
| Avg Forecast | $13.03M | $12.94M | $12.70M | $12.41M | $12.84M | $12.51M | $12.08M | $11.71M | $11.60M | $11.39M | $10.58M | $18.59M | $11.35M | $11.15M | $11.85M | $16.90M | $15.97M | $15.95M | $15.04M | $15.36M | $15.00M | $13.40M | $12.01M | $10.54M | $11.53M | $12.33M | $11.71M | $11.12M | $11.75M | $11.75M |
| High Forecast | $13.20M | $13.12M | $12.87M | $12.57M | $13.02M | $12.68M | $12.24M | $11.89M | $11.71M | $11.39M | $10.58M | $22.31M | $11.39M | $11.43M | $12.01M | $20.28M | $19.16M | $15.95M | $15.04M | $18.44M | $15.00M | $13.40M | $12.01M | $12.65M | $11.53M | $12.33M | $11.71M | $13.34M | $11.75M | $11.75M |
| Low Forecast | $12.86M | $12.77M | $12.53M | $12.25M | $12.68M | $12.35M | $11.92M | $11.52M | $11.50M | $11.38M | $10.58M | $14.87M | $11.31M | $10.56M | $11.69M | $13.52M | $12.77M | $15.95M | $15.04M | $12.29M | $15.00M | $13.40M | $12.01M | $8.43M | $11.53M | $12.33M | $11.71M | $8.90M | $11.75M | $11.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.03% | 1.61% | 1.41% | 0.57% | 1.22% | 1.13% | 1.09% | 1.02% | 1.00% | 0.61% | 1.13% | 1.37% | 1.07% | 0.91% | 0.97% | 1.04% | 1.23% | 1.21% |
3 analysts predict BMRC's average Quarter EBITDA for Dec 23 to be $11.35M, with a high of $11.39M and a low of $11.31M. This is -36.78% lower than Bank of Marin Bancorp's previous annual EBITDA (Sep 23) of $17.95M.
Bank of Marin Bancorp Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $610.00K | $5.29M | $4.55M | $9.44M | $12.88M | $12.17M | $11.07M | $10.46M | $9.71M | $5.28M | $9.29M | $8.95M | $8.12M | $7.49M | $7.41M | $7.23M | $9.08M | $9.45M |
| Avg Forecast | $7.82M | $7.55M | $6.91M | $5.84M | $6.99M | $6.45M | $5.62M | $4.90M | $5.17M | $4.26M | $2.62M | $12.47M | $5.14M | $5.11M | $6.85M | $11.33M | $10.32M | $11.92M | $10.50M | $10.30M | $9.58M | $1.21M | $9.89M | $6.54M | $7.64M | $8.31M | $6.64M | $6.94M | $9.99M | $9.72M |
| High Forecast | $7.96M | $7.68M | $7.03M | $5.94M | $7.11M | $6.57M | $5.72M | $5.06M | $5.47M | $4.33M | $2.63M | $14.96M | $5.62M | $5.91M | $6.98M | $13.60M | $12.39M | $11.92M | $10.50M | $12.36M | $9.58M | $1.21M | $9.89M | $7.85M | $7.64M | $8.31M | $6.64M | $8.33M | $9.99M | $9.72M |
| Low Forecast | $7.69M | $7.42M | $6.79M | $5.74M | $6.87M | $6.34M | $5.53M | $4.58M | $4.41M | $4.19M | $2.62M | $9.97M | $4.66M | $4.16M | $6.74M | $9.07M | $8.26M | $11.92M | $10.50M | $8.24M | $9.58M | $1.21M | $9.89M | $5.23M | $7.64M | $8.31M | $6.64M | $5.56M | $9.99M | $9.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.12% | 1.04% | 0.66% | 0.83% | 1.25% | 1.02% | 1.05% | 1.02% | 1.01% | 4.37% | 0.94% | 1.37% | 1.06% | 0.90% | 1.12% | 1.04% | 0.91% | 0.97% |
Bank of Marin Bancorp's average Quarter net income forecast for Mar 24 is $12.47M, with a range of $9.97M to $14.96M. BMRC's average Quarter net income forecast represents a 1943.91% increase compared to the company's last Quarter net income of $610.00K (Dec 23).
Bank of Marin Bancorp SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $15.45M | $11.48M | $12.74M | $11.54M | $11.92M | $12.76M | $12.60M | $13.90M | $13.94M | $15.92M | $10.59M | $10.93M | $10.01M | $10.24M | $9.39M | $10.94M | $9.22M | $9.99M |
| Avg Forecast | $13.87M | $13.78M | $13.52M | $13.21M | $13.67M | $13.32M | $12.86M | $12.46M | $12.35M | $12.12M | $11.26M | $16.57M | $12.08M | $11.87M | $12.61M | $15.06M | $14.82M | $13.49M | $12.72M | $13.69M | $12.69M | $11.33M | $10.16M | $7.99M | $9.75M | $10.43M | $9.90M | $10.51M | $9.94M | $9.94M |
| High Forecast | $14.05M | $13.97M | $13.70M | $13.39M | $13.86M | $13.50M | $13.03M | $12.66M | $12.46M | $12.12M | $11.26M | $19.88M | $12.13M | $12.17M | $12.78M | $18.07M | $17.78M | $13.49M | $12.72M | $16.43M | $12.69M | $11.33M | $10.16M | $9.59M | $9.75M | $10.43M | $9.90M | $12.61M | $9.94M | $9.94M |
| Low Forecast | $13.69M | $13.60M | $13.34M | $13.04M | $13.49M | $13.15M | $12.69M | $12.26M | $12.24M | $12.12M | $11.26M | $13.25M | $12.04M | $11.24M | $12.45M | $12.05M | $11.85M | $13.49M | $12.72M | $10.95M | $12.69M | $11.33M | $10.16M | $6.39M | $9.75M | $10.43M | $9.90M | $8.41M | $9.94M | $9.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.28% | 0.97% | 1.01% | 0.77% | 0.80% | 0.95% | 0.99% | 1.02% | 1.10% | 1.41% | 1.04% | 1.37% | 1.03% | 0.98% | 0.95% | 1.04% | 0.93% | 1.00% |
Bank of Marin Bancorp's average Quarter SG&A projection for Mar 24 is $16.57M, based on 1 Wall Street analysts, with a range of $13.25M to $19.88M. The forecast indicates a 7.25% rise compared to BMRC last annual SG&A of $15.45M (Dec 23).
Bank of Marin Bancorp EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.04 | $0.33 | $0.28 | $0.59 | $0.81 | $0.76 | $0.70 | $0.66 | $0.61 | $0.35 | $0.71 | $0.67 | $0.60 | $0.55 | $0.55 | $0.53 | $0.67 | $0.70 |
| Avg Forecast | $0.49 | $0.47 | $0.43 | $0.36 | $0.43 | $0.40 | $0.35 | $0.30 | $0.32 | $0.27 | $0.16 | $0.26 | $0.32 | $0.32 | $0.43 | $0.66 | $0.80 | $0.74 | $0.65 | $0.63 | $0.59 | $0.07 | $0.61 | $0.50 | $0.47 | $0.52 | $0.41 | $0.51 | $0.62 | $0.60 |
| High Forecast | $0.50 | $0.48 | $0.44 | $0.37 | $0.44 | $0.41 | $0.36 | $0.31 | $0.34 | $0.27 | $0.16 | $0.26 | $0.35 | $0.37 | $0.43 | $0.67 | $0.81 | $0.74 | $0.65 | $0.63 | $0.59 | $0.07 | $0.61 | $0.50 | $0.47 | $0.52 | $0.41 | $0.51 | $0.62 | $0.60 |
| Low Forecast | $0.48 | $0.46 | $0.42 | $0.36 | $0.43 | $0.39 | $0.34 | $0.29 | $0.27 | $0.26 | $0.16 | $0.26 | $0.29 | $0.26 | $0.42 | $0.65 | $0.78 | $0.74 | $0.65 | $0.63 | $0.59 | $0.07 | $0.61 | $0.50 | $0.47 | $0.52 | $0.41 | $0.51 | $0.62 | $0.60 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.12% | 1.04% | 0.66% | 0.90% | 1.02% | 1.03% | 1.07% | 1.06% | 1.03% | 4.67% | 1.16% | 1.33% | 1.27% | 1.07% | 1.33% | 1.03% | 1.08% | 1.16% |
According to 1 Wall Street analysts, Bank of Marin Bancorp's projected average Quarter EPS for Mar 24 is $0.26, with a low estimate of $0.26 and a high estimate of $0.26. This represents a 588.61% increase compared to BMRC previous annual EPS of $0.04 (Dec 23).
Bank of Marin Bancorp Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TCBK | TriCo Bancshares | $47.43 | $51.50 | 8.58% | Buy |
| FFNW | First Financial Northwest | $22.47 | $23.50 | 4.58% | Hold |
| NBHC | National Bank | $48.01 | $50.00 | 4.14% | Hold |
| CTBI | Community Trust Ban | $58.65 | $60.00 | 2.30% | Buy |
| THFF | First Financial | $48.92 | $50.00 | 2.21% | Buy |
| HFWA | Heritage Financial | $25.79 | $26.00 | 0.81% | Hold |
| BMRC | Bank of Marin Bancorp | $25.71 | $24.00 | -6.65% | Hold |
| FCCO | First Community | $24.94 | $21.00 | -15.80% | Buy |
| BSRR | Sierra Bancorp | $31.72 | $25.33 | -20.15% | Hold |