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Bank of Marin returns to profit in Q1 FY26; net income USD 8.51 million
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Bank of Marin returns to profit in Q1 FY26; net income USD 8.51 million
  • Bank of Marin Bancorp posted first-quarter net income of USD 8.5 million, swinging from a USD 39.54 million loss in fourth-quarter 2025; diluted EPS was USD 0.53, returning to profit from a USD 2.49 per-share loss.
  • Net interest income rose to USD 30.3 million from USD 29.78 million in fourth-quarter 2025; tax-equivalent net interest margin widened 6 basis points to 3.24%.
  • Non-interest income turned positive to USD 3.83 million from a USD 66.65 million loss in fourth-quarter 2025, when results included a USD 69.47 million pre-tax loss on sale of investment securities.
  • Non-accrual loans fell to 0.41% of total loans from 1.27% at Dec. 31, driven by sales of classified and non-accrual loans totaling USD 16.3 million; allowance for credit losses was 1.08% of total loans versus 1.42%.
  • Total deposits edged up to USD 3.43 billion from USD 3.42 billion at Dec. 31; total risk-based capital ratio held at 15.26%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bank of Marin Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001403475-26-000028), on May 08, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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