Bank of Marin Bancorp (BMRC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Bank of Marin Bancorp stock $23.14, price $28.44, that is 18.6% below the price, quality 65 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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Bank of Marin Bancorp
BMRC · USOur calculation puts a fair price 19% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $11.90 – $32.27 · fair‑value band $20.95 – $28.50 · the $28.44 price screens above the $23.14 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Company profile
Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services to small to medium-sized businesses, not-for-profit organizations, and commercial real estate investors in the United States.
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The company 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.
It also provides commercial real estate, commercial and industrial, small business, and consumer loans, as well as construction financing and home equity lines of credit.
In addition, the company offers merchant and payroll services; commercial equipment leasing program; payment solutions; treasury management services; credit cards; automated teller machines; and mobile deposit, remote deposit capture, automated clearing house, wire transfer, and image lockbox services.
Further, it provides wealth management and trust services comprising customized investment portfolio management, trust administration, estate settlement, and custody services; international banking; and telephone and digital banking services.
The company was founded in 1989 and is headquartered in Novato, California.
Stock analysis
Bank of Marin Bancorp (BMRC) currently trades at $28.44, while our model-based Fair Value estimate is $23.14, 19% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $31.18 per share, and 1 of the 6 models we run sit above the $28.44 price.
Bear case: the Asset-Based group reads lowest at $13.21, and 5 of the 6 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $20.95 (bear) to $28.50 (bull), the price of $28.44 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 65/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Bank of Marin Bancorp reported revenue of $177M in FY2025 versus $118M in FY2021, a compound +10.5%/yr. Reported net income was $43.4M in FY2025, compounding +6.9%/yr from FY2021.
Key figures
Market cap $455M Small · P/S ratio 7.76 · EPS (TTM) $−0.7500 · Dividend yield 3.5% · Net margin −23.6% · Return on equity −3.4% · Return on assets (EBIT) 0.8% (5-year average) · Operating margin 39.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (medium confidence).
What moves the price
The share trades about 5% below its 52-week high and 23% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −19%, BMRC screens cheaper than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, one officer or director bought shares worth $6,192, on Oct 29, 2026.
- BuyNicolas C AndersonDirector3× since Apr 30, 2026: 415 shares, avg. $27.30$11,328Oct 29, 2026
Plus 19 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
BMRC screens overvalued: fair value 19% below the price. Compare with China Merchants Bank Co →
Earlier news
- Bank of Marin Bancorp Non-GAAP EPS of $0.62 beats by $0.05, revenue of $35.07M misses by $0.04M
- Bank of Marin outlines ~25 bp monthly loan-yield benefit over the next year as margin tailwinds build
- Bank of Marin (BMRC) Earnings Expected to Grow: Should You Buy?
- 3 US Bank Stocks Built For Higher Money Market Yields
Compare Bank of Marin Bancorp with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 996 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Fair value gap by industry
- Return on assets by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.53 | ¥7.59 | +37% | vs BMRC |
| China Merchants Bank Co 600036 | ¥42.88 | ¥52.73 | +23% | vs BMRC |
| BNP Paribas SA BNP | €91.93 | €106.01 | +15% | vs BMRC |
| Intesa Sanpaolo S.p.A ISP | €6.18 | €4.49 | −27% | vs BMRC |
| State Bank of India SBIN | ₹1,019 | ₹736.65 | −28% | vs BMRC |
| UniCredit S.p.A UCG | €76.80 | €50.44 | −34% | vs BMRC |
| Mizuho Financial Group MFG | $9.40 | $5.89 | −37% | vs BMRC |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs BMRC |
| HDFC Bank Limited HDFCBANK | ₹788.25 | ₹406.39 | −48% | vs BMRC |
| ICICI Bank Limited ICICIBANK | ₹1,571 | ₹615.63 | −61% | vs BMRC |
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Frequently asked questions
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Key figures of Bank of Marin Bancorp
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