Bank of Marin Bancorp (BMRC) Key Metrics
BMRC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $427.7M
- Enterprise value
- $210.6M
- P/E (TTM)
- — 10-yr median 17.7
- Forward P/E
- 11.8
- PEG ratio
- 2.56
- Price / sales
- 7.1 10-yr median 4.4
- Price / book
- 1.1 10-yr median 1.3
- EV / EBITDA
- — 10-yr median 3.1
- Dividend yield
- 3.79% $1.00 a year
- Beta
- 0.80
BMRC key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBMRC valuation Price multiples at each fiscal year-end price.
BMRC returns How much profit the business earns on the capital it uses.
BMRC per-share figures Results divided by the shares outstanding at year-end.
BMRC financial health Debt, liquidity and how easily interest is covered.
BMRC efficiency & capital use Working capital cycle and where the cash goes.
BMRC valuation history
BMRC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BMRC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BMRC cash returned to shareholders
BMRC price vs earnings per share
BMRC key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $413.5M | $381.3M | $352.9M | $525.1M | $536.9M | $467.6M | $621.4M | $578.6M | $426.6M | $426.5M |
| Enterprise value | $235.6M | $129.9M | $397.5M | $729.5M | −$952.4M | −$95.2M | $21.3M | $85.3M | −$97.2M | $17.2M |
| P/E ratio | 9.5 | — | 17.7 | 11.3 | 16.2 | 15.5 | 18.1 | 17.7 | 26.7 | 18.4 |
| Price / sales | 2.3 | 3.3 | 2.5 | 3.7 | 4.5 | 4.3 | 5.7 | 5.5 | 5.0 | 5.0 |
| Price / book | 1.0 | 0.9 | 0.8 | 1.3 | 1.2 | 1.3 | 1.8 | 1.8 | 1.4 | 1.8 |
| Price / free cash flow | 11.1 | 13.7 | 10.4 | 9.9 | 12.1 | 11.7 | 15.4 | 14.0 | 16.7 | 17.5 |
| Price / operating cash flow | 10.6 | 13.4 | 9.9 | 9.5 | 11.9 | 11.4 | 15.2 | 13.7 | 15.8 | 16.8 |
| EV / sales | 1.3 | 1.1 | 2.8 | 5.2 | -8.0 | -0.9 | 0.2 | 0.8 | -1.1 | 0.2 |
| EV / EBITDA | 4.4 | — | 13.5 | 10.9 | — | — | 0.4 | 1.8 | — | 0.4 |
| EV / free cash flow | 6.3 | 4.7 | 11.7 | 13.8 | — | — | 0.5 | 2.1 | — | 0.7 |
| Earnings yield | 10.5% | −2.2% | 5.6% | 8.9% | 6.2% | 6.5% | 5.5% | 5.6% | 3.7% | 5.4% |
| Free cash flow yield | 9.0% | 7.3% | 9.6% | 10.1% | 8.2% | 8.5% | 6.5% | 7.1% | 6.0% | 5.7% |
| Dividend yield | 3.9% | 4.2% | 4.6% | 3.0% | 2.4% | 2.7% | 1.8% | 1.5% | 1.6% | 1.5% |
| Shareholder yield (dividends + buybacks) | 4.7% | 5.4% | 4.6% | 3.2% | 10.0% | 4.1% | 4.2% | 2.7% | 1.6% | 1.5% |
| Share price at fiscal year-end | $26.01 | $23.77 | $22.02 | $32.88 | $37.23 | $34.34 | $45.05 | $41.24 | $34.00 | $34.88 |
| Per share | ||||||||||
| Revenue per share | $11.12 | $7.26 | $8.84 | $8.81 | $8.21 | $7.95 | $7.94 | $7.50 | $6.76 | $6.92 |
| Earnings per share | $2.73 | −$0.52 | $1.24 | $2.92 | $2.30 | $2.22 | $2.48 | $2.33 | $1.27 | $1.89 |
| Operating cash flow per share | $2.46 | $1.77 | $2.23 | $3.46 | $3.14 | $3.00 | $2.97 | $3.00 | $2.15 | $2.08 |
| Free cash flow per share | $2.34 | $1.74 | $2.12 | $3.32 | $3.07 | $2.93 | $2.93 | $2.94 | $2.03 | $2.00 |
| Cash per share | $15.55 | $17.02 | $1.91 | $2.92 | $105.06 | $43.52 | $44.63 | $35.85 | $42.72 | $34.45 |
| Book value per share | $24.82 | $27.14 | $27.40 | $25.81 | $31.23 | $26.31 | $24.42 | $22.55 | $23.67 | $18.85 |
| Tangible book value per share | $20.13 | $22.43 | $22.62 | $20.93 | $25.73 | $23.81 | $21.89 | $20.01 | $20.76 | $18.12 |
| Dividends per share | $1.01 | $1.01 | $1.00 | $0.98 | $0.91 | $0.92 | $0.79 | $0.63 | $0.55 | $0.51 |
| Capex per share | $0.11 | $0.03 | $0.11 | $0.14 | $0.07 | $0.07 | $0.04 | $0.06 | $0.11 | $0.09 |
| Debt per share | $4.36 | $1.35 | $4.69 | $15.72 | $1.79 | $2.20 | $1.13 | $0.69 | $0.97 | $0.99 |
| Shares outstanding | 15.9M | 16.0M | 16.0M | 16.0M | 14.4M | 13.6M | 13.8M | 14.0M | 12.5M | 12.2M |
| Change in shares outstanding | −0.9% | +0.1% | +0.4% | +10.7% | +5.9% | −1.3% | −1.7% | +11.8% | +2.6% | +0.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 10.5% | −1.9% | 4.7% | 10.8% | 8.2% | 8.7% | 10.5% | 10.6% | 6.1% | 10.4% |
| Return on invested capital (ROIC) | 18.0% | −3.3% | 3.6% | — | — | — | — | — | — | — |
| Return on assets (ROA) | 1.1% | −0.2% | 0.5% | 1.1% | 0.9% | 1.1% | 1.3% | 1.3% | 0.7% | 1.1% |
| Return on tangible assets | 1.1% | −0.2% | 0.5% | 1.1% | 0.8% | 1.1% | 1.3% | 1.3% | 0.7% | 1.1% |
| Free cash flow margin | 21.1% | 23.9% | 23.9% | 37.7% | 37.3% | 36.8% | 36.9% | 39.2% | 30.1% | 28.9% |
| Income quality (OCF / net income) | 0.90 | — | 1.79 | 1.19 | 1.36 | 1.35 | 1.20 | 1.29 | 1.69 | 1.10 |
| Financial health | ||||||||||
| Total debt | $69.3M | $21.7M | $75.2M | $251.1M | $25.8M | $29.9M | $15.5M | $9.6M | $12.2M | $12.1M |
| Cash & short-term investments | $247.2M | $273.0M | $30.6M | $46.7M | $1.52B | $592.7M | $615.6M | $502.9M | $536.0M | $421.4M |
| Net debt | −$177.9M | −$251.4M | $44.7M | $204.4M | −$1.49B | −$562.8M | −$600.1M | −$493.2M | −$523.8M | −$409.3M |
| Debt / equity | 0.18 | 0.05 | 0.17 | 0.61 | 0.06 | 0.08 | 0.05 | 0.03 | 0.04 | 0.05 |
| Debt / assets | 0.02 | 0.01 | 0.02 | 0.06 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 |
| Net debt / EBITDA | −3.31 | — | 1.51 | 3.06 | −31.18 | −12.91 | −12.24 | −10.61 | −16.73 | −10.54 |
| Current ratio | 473.15 | 0.08 | 0.01 | 0.03 | 0.41 | 0.25 | 0.29 | 0.26 | 115.99 | 108.50 |
| Quick ratio | 473.15 | 0.08 | 0.06 | 0.05 | 0.50 | 0.33 | 0.37 | 0.26 | 115.99 | 108.48 |
| Interest coverage | 1.2 | -0.3 | 0.7 | 24.9 | 13.2 | 13.6 | 9.6 | 12.3 | 16.5 | 16.1 |
| Working capital | $2.31B | −$2.95B | −$3.29B | −$3.58B | −$2.27B | −$1.89B | −$1.66B | −$1.62B | $1.92B | $1.57B |
| Invested capital | $216.8M | $184.0M | $483.7M | $616.5M | −$1.04B | −$204.5M | −$263.3M | −$176.8M | −$226.8M | −$178.7M |
| Tangible asset value | $320.0M | $359.9M | $362.5M | $334.2M | $371.0M | $324.3M | $302.0M | $280.7M | $260.4M | $221.5M |
| Net current asset value | −$1.19B | −$2.99B | −$3.33B | −$3.61B | −$2.30B | −$1.92B | −$1.68B | −$1.63B | −$231.7M | −$204.0M |
| Graham number | $39.05 | — | $27.66 | $41.16 | $40.23 | $36.26 | $36.93 | $34.35 | $26.04 | $28.33 |
| Graham net-net per share | −$106.61 | −$178.88 | −$206.90 | −$229.09 | −$172.67 | −$149.76 | −$130.03 | −$117.24 | −$125.99 | −$107.90 |
| Capital allocation | ||||||||||
| Dividends paid | $16.1M | $16.2M | $16.1M | $15.7M | $13.1M | $12.5M | $11.0M | $8.9M | $6.9M | $6.2M |
| Share buybacks (net) | $3.3M | $4.3M | $70,000 | $1.2M | $40.8M | $6.9M | $15.1M | $6.9M | $60,000 | $0 |
| Dividend payout ratio | 37.2% | — | 81.0% | 33.6% | 39.4% | 41.4% | 32.0% | 27.2% | 43.2% | 26.9% |
| Dividends + buybacks / free cash flow | 52.1% | 73.7% | 47.7% | 31.9% | 121.9% | 48.7% | 64.4% | 38.2% | 27.3% | 25.5% |
| Capex / revenue | 1.0% | 0.4% | 1.2% | 1.6% | 0.9% | 0.9% | 0.5% | 0.9% | 1.7% | 1.2% |
| Capex / operating cash flow | 4.7% | 1.8% | 4.9% | 4.1% | 2.3% | 2.4% | 1.3% | 2.2% | 5.3% | 4.1% |
| Capex / depreciation | 0.85 | 0.21 | 0.51 | 0.68 | 0.36 | 0.33 | 0.17 | 0.30 | 0.58 | 0.44 |
| Stock-based compensation / revenue | 0.3% | 1.5% | 1.3% | 1.6% | 1.9% | 2.3% | 2.5% | 2.7% | 3.1% | 1.4% |
| SG&A / revenue | 34.2% | 42.0% | 33.7% | 32.3% | 37.7% | 33.6% | 33.0% | 33.7% | 37.6% | 33.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 2,328.6 | 469.6 | 276.9 | 170.2 | 135.3 | 189.3 | 252.6 | 257.6 | 304.5 | 283.2 |
| Days of inventory on hand | — | — | -1,051.9 | -35,294.4 | -108,545.2 | -8,031.4 | -12,331.4 | — | — | 361.1 |
| Days payables outstanding | — | — | — | 4,410.1 | 9,299.7 | 758.4 | 1,241.2 | 1,895.5 | 2,550.8 | 13,364.7 |
| Cash conversion cycle (days) | — | — | — | -39,534.3 | -117,709.5 | -8,600.5 | -13,320.0 | -1,637.9 | -2,213.1 | -12,720.5 |
| Receivables turnover | 0.16 | 0.78 | 1.32 | 2.14 | 2.70 | 1.93 | 1.45 | 1.42 | 1.20 | 1.29 |
| Payables turnover | — | — | — | 0.08 | 0.04 | 0.48 | 0.29 | 0.19 | 0.14 | 0.03 |
| Inventory turnover | — | — | — | — | — | — | — | — | — | 1.01 |
| Asset turnover | 0.05 | 0.03 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Average receivables | $1.13B | $149.7M | $107.5M | $65.6M | $43.9M | $56.1M | $75.8M | $74.2M | $70.8M | $65.6M |
| Average payables | — | — | — | $26.2M | $24.5M | $19.0M | $19.2M | $18.4M | $15.7M | $15.3M |
| Average inventory | — | — | −$112.3M | −$209.6M | −$285.8M | −$201.2M | −$191.1M | — | $204,000 | $414,500 |
| Intangibles / total assets | 1.9% | 2.0% | 2.0% | 1.9% | 1.8% | 1.2% | 1.3% | 1.4% | 1.5% | 0.4% |
Computed from BMRC's annual financial statements (latest annual report filed March 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BMRC valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Bank of Marin Bancorp traded at 9.5 times earnings, against a 10-year median of 17.7. Bank of Marin Bancorp earned a return on equity of 10.5% and a return on invested capital of 18.0% in fiscal 2025. It ended the year with $69.3 million of debt and $247.2 million in cash and short-term investments, a net cash position of $177.9 million. It returned $19.4 million to shareholders: $16.1 million in dividends and $3.3 million in share buybacks, 52% of free cash flow. The share count rose 30.0% from 12.2M to 15.9M over 9 years.
See the BMRC income statement, the BMRC chart for price history, or the BMRC stock overview for the latest quote and news.
BMRC key metrics FAQ
What is Bank of Marin Bancorp's P/E ratio?
Bank of Marin Bancorp traded at 9.5 times earnings at the end of fiscal 2025.
What is Bank of Marin Bancorp's EV/EBITDA?
Bank of Marin Bancorp's enterprise value was 4.4 times EBITDA at the end of fiscal 2025 (enterprise value $235.6 million, EBITDA $53.8 million).
What is Bank of Marin Bancorp's return on equity?
Bank of Marin Bancorp's return on equity (ROE) was 10.5% in fiscal 2025: net income of $43.4 million on average shareholders' equity of $415.0 million.
What is Bank of Marin Bancorp's ROIC?
Bank of Marin Bancorp's return on invested capital was 18.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Bank of Marin Bancorp have?
Bank of Marin Bancorp had total debt of $69.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.18 and more cash than debt.
What is Bank of Marin Bancorp's dividend yield?
Bank of Marin Bancorp's forward dividend yield is 3.79%. Bank of Marin Bancorp paid $16.1 million in dividends in fiscal 2025 ($1.01 per share), a payout ratio of 37.2%.
Does Bank of Marin Bancorp buy back its shares?
Yes. Bank of Marin Bancorp spent $3.3 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.9% over the year, to 15.9M..
What is Bank of Marin Bancorp's free cash flow yield?
Bank of Marin Bancorp generated $37.3 million of free cash flow in fiscal 2025, a free cash flow yield of 9.0% on its market value at year-end ($413.5 million).
What is Bank of Marin Bancorp's current ratio?
Bank of Marin Bancorp's current ratio was 473.15 at the end of fiscal 2025: current assets were 473.15 times current liabilities.