BANK OF MARIN BANCORP/CA (BMRC)
US0634251021 - Common Stock
BMRC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 412 industry peers in the Banks industry. BMRC scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. BMRC is quite expensive at the moment. It does show a decent growth rate. Finally BMRC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BMRC was profitable.
BMRC had a positive operating cash flow in the past year.
Each year in the past 5 years BMRC has been profitable.
Each year in the past 5 years BMRC had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.52%, BMRC is not doing good in the industry: 77.67% of the companies in the same industry are doing better.
BMRC has a Return On Equity of 4.53%. This is amonst the worse of the industry: BMRC underperforms 81.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.52% | ||
| ROE | 4.53% | ||
| ROIC | N/A |
ROA(3y)0.81%
ROA(5y)0.94%
ROE(3y)7.74%
ROE(5y)8.36%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BMRC's Profit Margin of 18.47% is on the low side compared to the rest of the industry. BMRC is outperformed by 71.60% of its industry peers.
BMRC's Profit Margin has declined in the last couple of years.
BMRC does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 18.47% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-13.65%
PM growth 5Y-10.46%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BMRC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for BMRC has been increased compared to 1 year ago.
Compared to 5 years ago, BMRC has more shares outstanding
BMRC has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of BMRC is 0.01, which is an excellent value as it means it would take BMRC, only 0.01 years of fcf income to pay off all of its debts.
BMRC's Debt to FCF ratio of 0.01 is amongst the best of the industry. BMRC outperforms 89.08% of its industry peers.
BMRC has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.00, BMRC belongs to the top of the industry, outperforming 88.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.51%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BMRC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -57.53%.
The earnings per share for BMRC have been decreasing by -11.78% on average. This is quite bad
The Revenue for BMRC has decreased by -22.14% in the past year. This is quite bad
BMRC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.18% yearly.
EPS 1Y (TTM)-57.53%
EPS 3Y-17.14%
EPS 5Y-11.78%
EPS growth Q2Q-95.06%
Revenue 1Y (TTM)-22.14%
Revenue growth 3Y0.77%
Revenue growth 5Y1.18%
Revenue growth Q2Q-41.65%
3.2 Future
BMRC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.51% yearly.
Based on estimates for the next years, BMRC will show a small growth in Revenue. The Revenue will grow by 3.81% on average per year.
EPS Next Y1.7%
EPS Next 2Y14.51%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.78%
Revenue Next 2Y3.81%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.55, which indicates a correct valuation of BMRC.
Based on the Price/Earnings ratio, BMRC is valued a bit more expensive than 70.15% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.28. BMRC is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 12.34 indicates a correct valuation of BMRC.
Based on the Price/Forward Earnings ratio, BMRC is valued a bit more expensive than 61.89% of the companies in the same industry.
BMRC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.55 | ||
| Fwd PE | 12.34 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, BMRC is valued a bit cheaper than the industry average as 66.02% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.48 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as BMRC's earnings are expected to grow with 14.51% in the coming years.
PEG (NY)7.39
PEG (5Y)N/A
EPS Next 2Y14.51%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.58%, BMRC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.78, BMRC pays a better dividend. On top of this BMRC pays more dividend than 94.17% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, BMRC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.58% |
5.2 History
The dividend of BMRC is nicely growing with an annual growth rate of 9.31%!
BMRC has been paying a dividend for at least 10 years, so it has a reliable track record.
BMRC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.31%
Div Incr Years18
Div Non Decr Years18
5.3 Sustainability
80.93% of the earnings are spent on dividend by BMRC. This is not a sustainable payout ratio.
BMRC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP80.93%
EPS Next 2Y14.51%
EPS Next 3YN/A
BANK OF MARIN BANCORP/CA
NASDAQ:BMRC (5/3/2024, 7:00:01 PM)
After market: 15.56 0 (0%)15.56
+0.37 (+2.44%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap253.63M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.58% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
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EPS NY rev (3m)
Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.55 | ||
| Fwd PE | 12.34 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)7.39
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.52% | ||
| ROE | 4.53% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 18.47% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-57.53%
EPS 3Y-17.14%
EPS 5Y
EPS growth Q2Q
EPS Next Y1.7%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-22.14%
Revenue growth 3Y0.77%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
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FCF growth 3Y
FCF growth 5Y
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OCF growth 3Y
OCF growth 5Y