Bank of Marin's Price Target Raised to $27 by DA Davidson

Tuesday, Jul 29, 2025 2:15 pm ET1min read

Bank of Marin's price target has been raised to $27 from $24 by DA Davidson, with a Buy rating. The analyst notes encouraging themes such as margin momentum and stabilizing credit quality, but states that lack of balance sheet growth hinders greater profitability gains.

On July 28, 2025, Bank of Marin Bancorp (BMRC) reported earnings per share (EPS) of -$0.53 for the quarter ending June 2025, significantly below the estimated $0.36. This negative surprise of 19.44% underscores the importance of meeting or exceeding analyst expectations to sustain investor confidence [1].

Despite the EPS miss, BMRC demonstrated improvement over the past year, with the EPS rising from $0.06 to $0.29 in the quarter ending June 2025. The company's revenue for the same period was $29.2 million, marginally surpassing the Zacks Consensus Estimate of $29.1 million by 0.35%. This represents a 15.7% increase compared to the same period last year, when the company reported $25.25 million in revenue [1].

The company's financial ratios offer insights into its valuation and financial health. The price-to-sales ratio is about 2.51, indicating the market's valuation of BMRC's sales. Additionally, the enterprise value to sales ratio is approximately 1.12, reflecting the company's valuation relative to its sales [1].

BMRC's liquidity and debt management are noteworthy, with a current ratio of approximately 69.87, indicating strong liquidity and the ability to cover short-term liabilities. The debt-to-equity ratio is about 0.05, showing a low level of debt compared to equity. These metrics suggest that BMRC is well-positioned to manage its financial obligations and continue its operations effectively [1].

On a separate note, DA Davidson has raised the price target for BMRC to $27 from $24, with a Buy rating. The analyst notes encouraging themes such as margin momentum and stabilizing credit quality but states that lack of balance sheet growth hinders greater profitability gains [2].

References:
[1] https://site.financialmodelingprep.com/market-news/bank-of-marin-bancorp-bmrc-financial-performance-market-position
[2] https://za.investing.com/news/earnings/bank-of-ireland-shares-drop-as-impairments-rise-despite-nii-guidance-upgrade-3808057

Bank of Marin's Price Target Raised to $27 by DA Davidson

Comments



Add a public comment...
No comments

No comments yet