Bank of Marin Bancorp (BMRC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	200.8M	176.7M	116.4M	141.7M	140.7M
Cost of Revenue	34.0M	42.3M	51.9M	39.0M	2.2M
Gross Profit	166.8M	134.5M	64.5M	102.7M	138.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	64.6M	60.4M	48.8M	47.8M	45.4M
General & Admin Expense	49.6M	60.4M	47.8M	46.5M	44.3M
Selling & Marketing Expense	299.0K	—	1.1M	1.2M	1.1M
Other Expenses	21.6M	22.4M	29.4M	28.9M	29.6M
Total Operating Expenses	86.2M	82.8M	78.3M	76.7M	75.0M
Cost and Expenses	120.2M	125.1M	130.2M	115.7M	77.2M
Operating Income (EBIT)	80.6M	51.6M	(13.8M)	26.0M	63.5M
Non-Operating
Interest Income	167.1M	152.4M	141.3M	139.5M	130.0M
Interest Expense	45.6M	42.2M	46.6M	36.7M	2.5M
Net Interest Income	121.5M	110.2M	94.7M	102.8M	127.5M
Other Non-Op Income/Expense	10.7M	10.7M	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	91.3M	62.3M	(13.8M)	26.0M	63.5M
Income Tax Expense	26.4M	18.9M	(5.4M)	6.1M	16.9M
Bottom Line
Net Income	64.8M	43.4M	(8.4M)	19.9M	46.6M
Earnings from Cont. Ops	64.8M	43.4M	(8.4M)	19.9M	46.6M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	64.8M	43.4M	(8.4M)	19.9M	46.6M
Per Share
Basic EPS	$4.07	$2.74	($0.52)	$1.24	$2.93
Diluted EPS	$4.07	$2.73	($0.52)	$1.24	$2.92
Revenue Per Share	$12.59	$11.12	$7.26	$8.85	$8.84
Shares
Basic Shares Outstanding	16.0M	15.9M	16.0M	16.0M	15.9M
Diluted Shares Outstanding	16.0M	15.9M	16.0M	16.0M	16.0M
Profitability Metrics
EBITDA	82.4M	53.8M	(11.4M)	29.5M	66.8M
D&A	1.8M	2.1M	2.4M	3.4M	3.3M
EBIT	80.6M	51.6M	(13.8M)	26.0M	63.5M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026