Bank of Marin Bancorp (BMRC) Balance Sheet
BMRC balance sheet, 2025
December 31, 2025 · U.S. dollars$3.90B assets = $3.51B liabilities + $394.7M equity
Both columns are drawn to the same scale: what BMRC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BMRC financial health
Descriptive bands, not a rating. Fiscal 2025.
BMRC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.02B2016 | $3.90B2025 | +7.6%/yr | |
| Total liabilities | $1.79B2016 | $3.51B2025 | +7.8%/yr | |
| Shareholders’ equity | $230.6M2016 | $394.7M2025 | +6.2%/yr | |
| Cash & short-term investments | $421.4M2016 | $247.2M2025 | −5.8%/yr | |
| Total debt | $12.1M2016 | $69.3M2025 | +21.4%/yr | |
| Net cash (debt) | $409.3M2016 | $177.9M2025 | −$231.4M | |
| Working capital | $1.57B2016 | $2.31B2025 | +$736.9M | |
| Book value per share | $18.852016 | $24.822025 | +3.1%/yr | |
| Debt / equity | 0.052016 | 0.182025 | +0.12 | |
| Shares outstanding | 12.2M2016 | 15.9M2025 | +3.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BMRC assets
BMRC liabilities and equity
BMRC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BMRC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $247.2M | $273.0M | $30.6M | $46.7M | $1.52B | $592.7M | $615.6M | $502.9M | $536.0M | $421.4M |
| Cash & equivalents | $225.3M | $137.3M | $30.5M | $45.4M | $347.6M | $200.3M | $183.4M | $34.2M | $203.5M | $48.8M |
| Short-term investments | $21.9M | $135.7M | $100,000 | $1.2M | $1.17B | $392.4M | $432.3M | $468.7M | $332.5M | $372.6M |
| Receivables | $2.09B | $164.3M | $135.2M | $79.8M | $51.4M | $36.5M | $75.7M | $75.9M | $72.6M | $69.0M |
| Inventory | $0 | $0 | −$165.7M | −$58.9M | −$360.3M | −$211.2M | −$191.1M | $0 | $0 | $408,000 |
| Other current assets | $0 | $0 | $30.5M | $58.9M | $360.3M | $211.5M | $191.1M | $0 | $1.33B | $1.10B |
| Total current assets | $2.32B | $273.0M | $30.6M | $126.5M | $1.57B | $629.4M | $691.4M | $578.8M | $1.94B | $1.59B |
| Property, plant & equipment (net) | $8.1M | $25.9M | $28.1M | $33.0M | $31.2M | $30.5M | $17.1M | $7.4M | $8.6M | $8.5M |
| Goodwill & intangible assets | $74.7M | $75.5M | $76.5M | $77.9M | $79.4M | $34.0M | $34.8M | $35.7M | $36.6M | $9.0M |
| Long-term investments | $1.33B | $1.27B | $1.48B | $1.77B | $1.51B | $501.4M | $569.7M | $619.7M | $483.5M | $417.0M |
| Other non-current assets | $178.2M | $2.06B | $2.19B | $2.14B | $1.13B | $1.72B | $1.39B | $1.28B | $0 | $0 |
| Total assets | $3.90B | $3.70B | $3.80B | $4.15B | $4.31B | $2.91B | $2.71B | $2.52B | $2.47B | $2.02B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $22.9M | $29.4M | $19.5M | $18.5M | $20.0M | $16.7M | $14.6M |
| Short-term debt | $4.9M | $154,000 | $26.3M | $112.4M | $419,000 | $58,000 | $12.6M | — | $6.5M | $6.5M |
| Deferred revenue | — | — | — | — | $4.0M | −$7.5M | $5.9M | $13.0M | — | — |
| Total current liabilities | $4.9M | $3.22B | $3.32B | $3.71B | $3.84B | $2.52B | $2.35B | $2.19B | $16.7M | $14.6M |
| Long-term debt | $43.9M | $0 | $26.0M | $112.4M | $419,000 | $2.8M | $2.9M | $2.6M | $5.7M | $5.6M |
| Lease obligations | $25.5M | $21.7M | $23.2M | $26.6M | $25.4M | $27.1M | $12.6M | — | — | — |
| Other long-term liabilities | $3.47B | $45.8M | $22.5M | $0 | $25.0M | $27.0M | $12.6M | $7.0M | $0 | $0 |
| Total liabilities | $3.51B | $3.27B | $3.36B | $3.74B | $3.86B | $2.55B | $2.37B | $2.20B | $2.17B | $1.79B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $214.9M | $215.5M | $217.5M | $215.1M | $212.5M | $125.9M | $129.1M | $140.6M | $144.0M | $87.4M |
| Retained earnings (deficit) | $198.2M | $250.0M | $274.6M | $270.8M | $239.9M | $219.7M | $203.2M | $179.9M | $155.5M | $146.5M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$18.4M | −$30.1M | −$53.0M | −$73.7M | −$2.0M | $12.6M | $4.5M | −$4.1M | −$2.5M | −$3.3M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $394.7M | $435.4M | $439.1M | $412.1M | $450.4M | $358.3M | $336.8M | $316.4M | $297.0M | $230.6M |
| Key figures | ||||||||||
| Total debt | $69.3M | $21.7M | $75.2M | $251.1M | $25.8M | $29.9M | $15.5M | $9.6M | $12.2M | $12.1M |
| Net cash (debt) | $177.9M | $251.4M | −$44.7M | −$204.4M | $1.49B | $562.8M | $600.1M | $493.2M | $523.8M | $409.3M |
| Working capital | $2.31B | −$2.95B | −$3.29B | −$3.58B | −$2.27B | −$1.89B | −$1.66B | −$1.62B | $1.92B | $1.57B |
| Tangible book value | $320.0M | $359.9M | $362.5M | $334.2M | $371.0M | $324.3M | $302.0M | $280.7M | $260.4M | $221.5M |
| Book value per share | $24.82 | $27.14 | $27.40 | $25.81 | $31.23 | $26.31 | $24.42 | $22.55 | $23.67 | $18.85 |
| Shares outstanding | 15.9M | 16.0M | 16.0M | 16.0M | 14.4M | 13.6M | 13.8M | 14.0M | 12.5M | 12.2M |
| Current ratio | 473.15 | 0.08 | 0.01 | 0.03 | 0.41 | 0.25 | 0.29 | 0.26 | 115.99 | 108.50 |
| Quick ratio | 477.62 | 0.14 | 0.05 | 0.03 | 0.41 | 0.25 | 0.29 | 0.26 | 36.40 | 33.48 |
| Debt / equity | 0.18 | 0.05 | 0.17 | 0.61 | 0.06 | 0.08 | 0.05 | 0.03 | 0.04 | 0.05 |
| Equity / assets | 10.1% | 11.8% | 11.5% | 9.9% | 10.4% | 12.3% | 12.4% | 12.6% | 12.0% | 11.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.52B | $1.56B | $247.2M | $272.3M | $290.3M | $665.9M | $273.0M | $334.6M | $253.0M | $55.4M | $30.6M | $781.9M |
| Cash & equivalents | $279.6M | $236.6M | $225.3M | $219.3M | $228.9M | $259.9M | $137.3M | $229.2M | $231.4M | $36.3M | $30.5M | $123.1M |
| Short-term investments | $1.24B | $1.33B | $21.9M | $53.0M | $61.4M | $406.0M | $135.7M | $105.4M | $21.6M | $19.1M | $100,000 | $658.8M |
| Receivables | $0 | $0 | $2.09B | $0 | $0 | $0 | $164.3M | $0 | $0 | $0 | $135.2M | $81.4M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$1.61B | −$216.3M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.48B | $134.8M |
| Total current assets | $1.52B | $1.56B | $2.32B | $272.3M | $290.3M | $665.9M | $273.0M | $334.6M | $253.0M | $55.4M | $30.6M | $781.9M |
| Property, plant & equipment (net) | $29.2M | $30.1M | $8.1M | $24.8M | $25.8M | $25.9M | $25.9M | $26.8M | $27.7M | $29.1M | $28.1M | $29.8M |
| Goodwill & intangible assets | $74.3M | $74.5M | $74.7M | $74.9M | $75.1M | $75.3M | $75.5M | $75.8M | $76.0M | $76.3M | $76.5M | $76.8M |
| Long-term investments | $1.24B | $1.33B | $1.33B | $1.36B | $1.22B | $1.24B | $1.27B | $1.26B | $1.16B | $1.45B | $1.48B | $1.59B |
| Other non-current assets | $988.0M | $920.5M | $178.2M | $2.14B | $2.12B | $1.78B | $2.06B | $2.10B | $2.18B | $2.15B | $2.19B | $1.55B |
| Total assets | $3.86B | $3.91B | $3.90B | $3.87B | $3.73B | $3.78B | $3.70B | $3.79B | $3.69B | $3.77B | $3.80B | $4.04B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $28.9M |
| Short-term debt | $23.5M | $24.6M | $4.9M | $57,000 | $77,000 | $116,000 | $154,000 | $193,000 | $79,000 | $260,000 | $26.3M | $120.7M |
| Total current liabilities | $23.5M | $24.6M | $4.9M | $3.38B | $3.25B | $3.30B | $3.22B | $3.31B | $3.21B | $3.28B | $3.32B | $3.56B |
| Long-term debt | $44.0M | $43.9M | $43.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26.0M | $0 |
| Lease obligations | $24.1M | $25.2M | $25.5M | $19.6M | $20.7M | $21.6M | $21.7M | $22.5M | $23.2M | $24.4M | $23.2M | $24.0M |
| Other long-term liabilities | $3.39B | $3.45B | $3.47B | $42.6M | $42.5M | $42.6M | $45.8M | $46.4M | $45.9M | $46.1M | $22.5M | $52.9M |
| Total liabilities | $3.46B | $3.52B | $3.51B | $3.43B | $3.29B | $3.34B | $3.27B | $3.36B | $3.26B | $3.33B | $3.36B | $3.62B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $216.1M | $215.6M | $214.9M | $214.5M | $214.7M | $216.3M | $215.5M | $215.5M | $218.8M | $218.3M | $217.5M | $217.2M |
| Retained earnings (deficit) | $207.8M | $202.6M | $198.2M | $241.7M | $238.2M | $250.8M | $250.0M | $248.0M | $247.5M | $273.4M | $274.6M | $278.0M |
| Accumulated other comprehensive income | −$27.2M | −$23.8M | −$18.4M | −$12.4M | −$14.4M | −$27.5M | −$30.1M | −$26.5M | −$31.3M | −$55.1M | −$53.0M | −$76.6M |
| Total shareholders' equity | $396.7M | $394.5M | $394.7M | $443.8M | $438.5M | $439.6M | $435.4M | $437.0M | $434.9M | $436.7M | $439.1M | $418.6M |
| Key figures | ||||||||||||
| Total debt | $23.5M | $24.6M | $69.3M | $19.6M | $20.7M | $21.6M | $21.7M | $22.5M | $23.2M | $24.4M | $75.2M | $144.4M |
| Net cash (debt) | $1.50B | $1.54B | $177.9M | $252.7M | $269.6M | $644.3M | $251.4M | $312.1M | $229.8M | $31.0M | −$44.7M | $637.6M |
| Working capital | $1.50B | $1.54B | $2.31B | −$3.11B | −$2.95B | −$2.64B | −$2.95B | −$2.97B | −$2.96B | −$3.23B | −$3.29B | −$2.78B |
| Tangible book value | $322.4M | $320.0M | $320.0M | $368.9M | $363.4M | $364.2M | $359.9M | $361.2M | $358.9M | $360.4M | $362.5M | $341.8M |
| Book value per share | $24.81 | $24.70 | $24.82 | $27.85 | $27.43 | $27.47 | $27.27 | $27.20 | $27.00 | $27.14 | $27.35 | $26.10 |
| Shares outstanding | 16.0M | 16.0M | 15.9M | 15.9M | 16.0M | 16.0M | 16.0M | 16.1M | 16.1M | 16.1M | 16.1M | 16.0M |
| Current ratio | 64.81 | 63.65 | 473.15 | 0.08 | 0.09 | 0.20 | 0.08 | 0.10 | 0.08 | 0.02 | 0.01 | 0.22 |
| Quick ratio | 64.81 | 63.65 | 477.62 | 0.08 | 0.09 | 0.20 | 0.14 | 0.10 | 0.08 | 0.02 | 0.05 | 0.24 |
| Debt / equity | 0.06 | 0.06 | 0.18 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.17 | 0.34 |
| Equity / assets | 10.3% | 10.1% | 10.1% | 11.5% | 11.8% | 11.6% | 11.8% | 11.5% | 11.8% | 11.6% | 11.5% | 10.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 13, 2026); data from EODHD.
BMRC financial position
At the end of fiscal 2025 (December 31, 2025), Bank of Marin Bancorp had total assets of $3.9 billion (up 5.5% from a year earlier), total liabilities of $3.5 billion and shareholders' equity of $394.7 million. It held $247.2 million in cash and short-term investments against $69.3 million of debt, a net cash position of $177.9 million. Its current ratio was 473.15. In the latest quarter (ended June 30, 2026) total assets were $3.9 billion and equity $396.7 million.
Related: BMRC income statement, BMRC cash flow statement, BMRC key metrics. See the BMRC stock overview for the latest quote and news.
BMRC balance sheet FAQ
What are Bank of Marin Bancorp's total assets?
Bank of Marin Bancorp reported total assets of $3.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $3.7 billion a year earlier.
How much debt does Bank of Marin Bancorp have?
Bank of Marin Bancorp had $69.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.18.
How much cash does Bank of Marin Bancorp have?
Bank of Marin Bancorp held $247.2 million in cash and short-term investments at the end of fiscal 2025; with $69.3 million of debt that is net cash of $177.9 million.
What is Bank of Marin Bancorp's book value?
Bank of Marin Bancorp's shareholders' equity (book value) was $394.7 million at the end of fiscal 2025, or $24.82 per share.
What is Bank of Marin Bancorp's current ratio?
Bank of Marin Bancorp had current assets of $2.3 billion and current liabilities of $4.9 million, a current ratio of 473.15 (it can cover its short-term obligations).
How much goodwill does Bank of Marin Bancorp have?
Bank of Marin Bancorp carried $74.7 million of goodwill and intangible assets, 1.9% of total assets, at the end of fiscal 2025.