BANK OF MARIN BANCORP/CA (BMRC) Stock Fundamental Analysis
USA - NASDAQ:BMRC - US0634251021 - Common Stock
24.12 USD
-0.16 (-0.66%)
24.12 USD
0 (0%)
Taking everything into account, BMRC scores 4 out of 10 in our fundamental rating. BMRC was compared to 392 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 not valued too expensively and it also shows a decent growth rate. BMRC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
BMRC had positive earnings in the past year.
BMRC had a positive operating cash flow in the past year.
BMRC had positive earnings in 4 of the past 5 years.
Each year in the past 5 years BMRC had a positive operating cash flow.
1.2 Ratios
BMRC's Return On Assets of 0.19% is on the low side compared to the rest of the industry. BMRC is outperformed by 86.22% of its industry peers.
BMRC has a worse Return On Equity (1.58%) than 86.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.19% | ||
| ROE | 1.58% | ||
| ROIC | N/A |
ROA(3y)0.47%
ROA(5y)0.65%
ROE(3y)4.64%
ROE(5y)5.94%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BMRC has a worse Profit Margin (7.41%) than 85.71% of its industry peers.
The Operating Margin and Gross Margin are not available for BMRC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 7.41% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
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 reduced compared to 1 year ago.
The number of shares outstanding for BMRC has been increased compared to 5 years ago.
BMRC has a better debt/assets ratio than last year.
2.2 Solvency
BMRC has a debt to FCF ratio of 0.00. This is a very positive value and a sign of high solvency as it would only need 0.00 years to pay back of all of its debts.
BMRC has a Debt to FCF ratio of 0.00. This is amongst the best in the industry. BMRC outperforms 90.05% 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.
BMRC has a better Debt to Equity ratio (0.00) than 88.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.31%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 106.56% over the past year.
BMRC shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -18.42% yearly.
BMRC shows a strong growth in Revenue. In the last year, the Revenue has grown by 40.84%.
The Revenue has been decreasing by -6.90% on average over the past years.
EPS 1Y (TTM)106.56%
EPS 3Y-29.7%
EPS 5Y-18.42%
EPS Q2Q%400%
Revenue 1Y (TTM)40.84%
Revenue growth 3Y-13.96%
Revenue growth 5Y-6.9%
Sales Q2Q%15.33%
3.2 Future
BMRC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.77% yearly.
BMRC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.05% yearly.
EPS Next Y64.52%
EPS Next 2Y47.62%
EPS Next 3Y24.77%
EPS Next 5YN/A
Revenue Next Year13.13%
Revenue Next 2Y12.67%
Revenue Next 3Y11.05%
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
With a Price/Earnings ratio of 19.14, BMRC is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of BMRC indicates a slightly more expensive valuation: BMRC is more expensive than 78.57% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.79. BMRC is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 12.30, which indicates a correct valuation of BMRC.
Based on the Price/Forward Earnings ratio, BMRC is valued a bit more expensive than the industry average as 67.60% of the companies are valued more cheaply.
BMRC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.21.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.14 | ||
| Fwd PE | 12.3 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as BMRC.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.15 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BMRC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BMRC's earnings are expected to grow with 24.77% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y47.62%
EPS Next 3Y24.77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.08%, BMRC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.52, BMRC pays a bit more dividend than its industry peers.
BMRC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.08% |
5.2 History
The dividend of BMRC has a limited annual growth rate of 4.66%.
BMRC has been paying a dividend for at least 10 years, so it has a reliable track record.
BMRC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.66%
Div Incr Years0
Div Non Decr Years19
5.3 Sustainability
233.87% 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.
DP233.87%
EPS Next 2Y47.62%
EPS Next 3Y24.77%
24.12
-0.16 (-0.66%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners63.4%
Inst Owner Change2.66%
Ins Owners8.96%
Ins Owner Change-1.37%
Market Cap389.06M
Analysts81.67
Price Target27.54 (14.18%)
Short Float %3.62%
Short Ratio5.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.08% |
Yearly Dividend1
Dividend Growth(5Y)4.66%
DP233.87%
Div Incr Years0
Div Non Decr Years19
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.52%
Min EPS beat(2)-14.4%
Max EPS beat(2)-6.63%
EPS beat(4)2
Avg EPS beat(4)-0.61%
Min EPS beat(4)-14.4%
Max EPS beat(4)14.98%
EPS beat(8)3
Avg EPS beat(8)-23.4%
EPS beat(12)4
Avg EPS beat(12)-19.54%
EPS beat(16)7
Avg EPS beat(16)-5.3%
Revenue beat(2)0
Avg Revenue beat(2)-3.98%
Min Revenue beat(2)-5.18%
Max Revenue beat(2)-2.77%
Revenue beat(4)0
Avg Revenue beat(4)-4.72%
Min Revenue beat(4)-6.4%
Max Revenue beat(4)-2.77%
Revenue beat(8)0
Avg Revenue beat(8)-5.32%
Revenue beat(12)2
Avg Revenue beat(12)-3.53%
Revenue beat(16)6
Avg Revenue beat(16)-0.42%
PT rev (1m)0%
PT rev (3m)10.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)11.64%
EPS NY rev (1m)0%
EPS NY rev (3m)1.03%
Revenue NQ rev (1m)-2.08%
Revenue NQ rev (3m)-3.37%
Revenue NY rev (1m)1.28%
Revenue NY rev (3m)-4.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.14 | ||
| Fwd PE | 12.3 | ||
| P/S | 4.17 | ||
| P/FCF | 12.15 | ||
| P/OCF | 11.59 | ||
| P/B | 0.89 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.26
EY5.22%
EPS(NY)1.96
Fwd EY8.13%
FCF(TTM)1.98
FCFY8.23%
OCF(TTM)2.08
OCFY8.63%
SpS5.78
BVpS27.19
TBVpS22.53
PEG (NY)0.3
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.19% | ||
| ROE | 1.58% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 7.41% | ||
| GM | N/A | ||
| FCFM | 34.33% |
ROA(3y)0.47%
ROA(5y)0.65%
ROE(3y)4.64%
ROE(5y)5.94%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 68.45% | ||
| Cap/Sales | 1.66% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 463.25% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC17.31%
ROIC/WACCN/A
Cap/Depr(3y)46.73%
Cap/Depr(5y)41.79%
Cap/Sales(3y)1.32%
Cap/Sales(5y)1.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)106.56%
EPS 3Y-29.7%
EPS 5Y-18.42%
EPS Q2Q%400%
EPS Next Y64.52%
EPS Next 2Y47.62%
EPS Next 3Y24.77%
EPS Next 5YN/A
Revenue 1Y (TTM)40.84%
Revenue growth 3Y-13.96%
Revenue growth 5Y-6.9%
Sales Q2Q%15.33%
Revenue Next Year13.13%
Revenue Next 2Y12.67%
Revenue Next 3Y11.05%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-40.08%
FCF growth 3Y-14.28%
FCF growth 5Y-7.17%
OCF growth 1Y-41.29%
OCF growth 3Y-14.42%
OCF growth 5Y-7.07%