Bank of Marin Bancorp (BMRC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	206.3M	176.7M	116.4M	141.7M	140.7M
Cost of Revenue	35.0M	42.3M	51.9M	39.0M	2.2M
Gross Profit	171.3M	134.5M	64.5M	102.7M	138.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	65.9M	60.4M	48.8M	47.8M	45.4M
General & Admin Expense	51.2M	60.4M	47.8M	46.5M	44.3M
Selling & Marketing Expense	—	—	1.1M	1.2M	1.1M
Other Expenses	20.7M	22.4M	29.4M	28.9M	29.6M
Total Operating Expenses	86.6M	82.8M	78.3M	76.7M	75.0M
Cost and Expenses	121.6M	125.1M	130.2M	115.7M	77.2M
Operating Income (EBIT)	84.7M	51.6M	(13.8M)	26.0M	63.5M
Non-Operating
Interest Income	170.8M	152.4M	141.3M	139.5M	130.0M
Interest Expense	45.7M	42.2M	46.6M	36.7M	2.5M
Net Interest Income	125.1M	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)	95.3M	62.3M	(13.8M)	26.0M	63.5M
Income Tax Expense	28.1M	18.9M	(5.4M)	6.1M	16.9M
Bottom Line
Net Income	67.2M	43.4M	(8.4M)	19.9M	46.6M
Earnings from Cont. Ops	67.2M	43.4M	(8.4M)	19.9M	46.6M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	67.2M	43.4M	(8.4M)	19.9M	46.6M
Per Share
Basic EPS	$4.22	$2.74	($0.52)	$1.24	$2.93
Diluted EPS	$4.22	$2.73	($0.52)	$1.24	$2.92
Revenue Per Share	$12.91	$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	86.2M	53.8M	(11.4M)	29.5M	66.8M
D&A	1.8M	2.1M	2.4M	3.4M	3.3M
EBIT	84.7M	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 Sep 1, 2026