Bank of Marin Bancorp

Bank of Marin Bancorp

BMRCยทNASDAQ

$25.09

-2.6%
Financial ServicesBanks - Regional

Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to small to medium-sized businesses, professionals, not-for-profit organizations, and individuals in California, the United States. It offers personal and business checking and savings accounts; and individual retirement, health savings, and demand deposit marketplace accounts, as well as time certificates of deposit, certificate of deposit account registry and insured cash sweep services. The company also provides commercial real estate, commercial and industrial, and consumer loans, as well as construction financing and home equity lines of credit. In addition, it offers merchant and payroll, and cash management services; credit cards; fraud detection tools; and mobile deposit, remote deposit capture, automated clearing house, wire transfer, and image lockbox services. Further, the company provides wealth management and trust services comprising customized investment portfolio management, financial planning, trust administration, estate settlement, and custody services, as well as 401(k) plan services; and automated teller machines, and telephone and digital banking services. It operates through 12 branch offices in Marin, southern Sonoma counties, and north of San Francisco, California; and a loan production office in San Francisco. The company was incorporated in 1989 and is headquartered in Novato, California.

At a Glance

Live Snapshot
Market Cap$406.12M
EPS2.7400
P/E Ratio9.16
Earnings Date07/27/2026
Bank of Marin Bancorp

Bank of Marin Bancorp Fair Value Envelope

BMRC ยท NASDAQ

Our analysis suggests that BMRC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $25.085, this represents a potential HIDDEN relative to our calculated worth for Bank of Marin Bancorp.

Intrinsic Value
Current Price: $25.085

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$6.6B
+ Cash & Equivalents$225.3M
Firm Value$6.8B
- Debt$69.3M
Equity Value$6.7B
/ Shares Outstanding16,125,300B
DCF Value$418
UNDERVALUED BY 1568%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$51.9M
$68.8M
$91.3M
$121.2M
$160.9M
$213.5M
$283.4M
$376.1M
$499.2M
$662.5M
Maintenance CapEx
-$482.8K
-$640.8K
-$850.4K
-$1.1M
-$1.5M
-$2.0M
-$2.6M
-$3.5M
-$4.6M
-$6.2M
Owner Earnings
$51.4M
$68.2M
$90.5M
$120.1M
$159.4M
$211.5M
$280.8M
$372.6M
$494.5M
$656.3M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$47.6M
$58.5M
$71.8M
$88.3M
$108.5M
$133.3M
$163.8M
$201.3M
$247.4M
$304.0M
Terminal Value represents 78.4% of Enterprise Value