28.75
+1.09%
Close of 9 Nov 2026, in USD
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About Bank of Marin Bancorp
From its filings with the US Securities and Exchange Commission
Bank of Marin Bancorp is based in Novato, California and is incorporated in California. Its shares trade on Nasdaq under the ticker BMRC. The SEC classifies its business as state commercial banks. In the fiscal year to 31 December 2025, it reported a net loss of $35.7m. At that date it held total assets of $3.90bn and shareholders' equity of $394.7m.
Bank of Marin (the “Bank”) was incorporated in August 1989, received its charter from the California Superintendent of Banks (now the Department of Financial Protection and Innovation or "DFPI") and commenced operations in January 1990. The Bank is an insured bank by the Federal Deposit Insurance Corporation (“FDIC”). Bank of Marin Bancorp ("Bancorp") was formed in 2007 and the Bank became its sole subsidiary when each share of Bank common stock was exchanged for one share of Bancorp common stock. Bancorp is listed on the Nasdaq Stock Market under the symbol BMRC. Upon formation of the holding company, Bancorp became subject to regulation under the Bank Holding Company Act of 1956, as amended, and reporting and examination requirements by the Board of Governors of the Federal Reserve System ("Federal Reserve"). Bancorp files periodic reports and proxy statements with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended.
Virtually all of our business is conducted through Bancorp's subsidiary, Bank of Marin, which is headquartered in Novato, California. In addition to our headquarters and a regional office in the Greater Sacramento region, we operate 27 retail branches and 8 commercial banking offices across Northern California with a strong emphasis on supporting local communities. Our customer base is comprised of business, not-for-profit, and personal banking relationships within our Northern California footprint.
Quoted from its 10-K, filed 13 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Banks
- Listed since
- 5 Jul 1973
- Employees
- 311
- Website
- bankofmarin.com ↗
- Head office
- 504 REDWOOD BOULEVARD, SUITE 100, NOVATO, CA, 94947
- Incorporated in
- CA
- Classification
- State Commercial Banks
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. William McdevittIndependent Chairman of the Board$116,600
- Mr. Timothy MyersPresident, Chief Executive Officer, Director, since 2013$1.4m
- Mr. Dave BonaccorsoExecutive Vice President, Chief Financial Officer, Principal Accounting Officer
- Mr. Sathis ArasadiExecutive Vice President, Chief Information Officer
- Mr. Robert GotelliExecutive Vice President, Director of Human Resources
- Mr. David BloomExecutive Vice President, Head of Commercial Banking$637,474
- Ms. Brandi CampbellExecutive Vice President, Head of Retail Banking$562,811
- Ms. Misako StewartChief Credit Officer$623,703
- Mr. Russell ColomboDirector, since 2004$91,350
- Mr. Nicolas AndersonIndependent Director$93,850
- Mr. Charles FiteIndependent Director$91,350
- Ms. Cigdem GencerIndependent Director$68,850
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 33
- Environment
- 7
- Social
- 37
- Governance
- 56
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong market presence: Bank of Marin Bancorp has established a solid presence in the banking industry, particularly in Marin County, California.
- Robust financial performance: The company has consistently delivered strong financial results with steady revenue growth, healthy profitability, and sound asset quality.
- High customer satisfaction: Bank of Marin Bancorp has built a reputation for excellent customer service, resulting in high levels of customer satisfaction and loyalty.
Weaknesses
- Regional concentration risk: The bank's focus on a specific geographical area, namely Marin County, exposes it to potential economic downturns in that region.
- Limited product offering: Bank of Marin Bancorp primarily offers traditional banking services, as it lacks diversification in terms of specialized financial products and services.
- Reliance on interest income: The bank heavily relies on interest income, making it vulnerable to changes in interest rates and potential margin compression.
Opportunities
- Expanding market share: Bank of Marin Bancorp can leverage its strong reputation and customer base to expand its market share in neighboring counties or even beyond California.
- Diversification of product portfolio: The company can explore opportunities to broaden its product offerings, such as introducing wealth management services or expanding into digital banking.
- Mergers and acquisitions: Strategic acquisitions or mergers with complementary financial institutions could help Bank of Marin Bancorp to grow its business and reach new markets.
Threats
- Intense competition: The banking industry is highly competitive, with both traditional banks and emerging fintech companies vying for market share, posing a threat to Bank of Marin Bancorp.
- Economic downturns: Any economic recession or downturn in the local or national economy could negatively impact the bank's business, loan quality, and profitability.
- Changing regulatory landscape: Evolving regulations in the banking industry can pose challenges to compliance, increasing costs and potentially limiting certain business activities.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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