Bank of Marin Bancorp Common Stock (BMRC)

FairStock Score: 29/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with what is knowable. Bank of Marin is a 315-employee regional bank serving small and medium businesses, nonprofits, and commercial real estate. That can be a decent relationship business, but it is not a wide moat; capital is commoditized and credit cycles decide outcomes. The filed record is uneven: FY2023 net income $19.9M, EPS $1.24; FY2024 net loss $8.4M, EPS -$0.52; FY2025 net loss $35.7M, EPS -$2.24. The fiscal Q4 2025 quarter alone lost $39.5M, or -$2.49 per diluted share. But fiscal Q1 2026 earned $8.5M, or $0.53, and fiscal Q2 2026 earned $9.2M, or $0.58. So the Lynch category given is TURNAROUND, and the two recent quarters are the evidence. FairStock's figures at the 2026-10-13 close show a $426.6M market cap, P/B 1.06, negative trailing P/E of -29.27, ROE -3.41%, ROCE -0.38%, dividend yield 3.80%, beta 0.80, and Piotroski 7/9. Price near book is not demanding, but it is not a bargain if book value is impaired or normalized returns stay low. The missing bank-specific data—CET1, net interest margin, nonperforming loans, reserves, deposit costs—are exactly what I would need to judge underwriting and leverage. With a 29/100 FairStock score and a negative ROE, I would call this a speculative recovery, not a proven compounder.

In plain English: Bank of Marin is a small regional bank that lends to local businesses, nonprofits, and commercial property owners. It lost money in fiscal 2025 after earning profits earlier, but it has reported two profitable quarters in fiscal 2026. At $26.34, the stock trades near the value of its net assets and offers a 3.8% dividend, so it looks roughly fair rather than clearly cheap for a bank still proving its recovery.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q4 2025 10-Q (period ended 2025-12-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer