Bank of Marin Bancorp (BMRC) Given News Sentiment Rating of 0.12
Press coverage about Bank of Marin Bancorp (NASDAQ:BMRC) has trended somewhat positive on Friday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bank of Marin Bancorp earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 46.4175216873381 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Bank of Marin Bancorp (BMRC) and Peapack-Gladstone Financial Corp (PGC) Financial Comparison (americanbankingnews.com)
- $0.83 Earnings Per Share Expected for Bank of Marin Bancorp (BMRC) This Quarter (americanbankingnews.com)
- Bank of Marin Bancorp to Webcast Q3 Earnings Monday, October 23 at 8 30 a.m. PT (wallstreet-online.de)
- Bank of Marin Bancorp to Webcast Q3 Earnings Monday, October 23 at 8:30 a.m. PT (finance.yahoo.com)
- Bank of Marin Bancorp (BMRC) and Its Competitors Critical Survey (americanbankingnews.com)
Bank of Marin Bancorp (NASDAQ:BMRC) traded down 0.86% during trading on Friday, reaching $68.95. 18,025 shares of the company’s stock traded hands. The firm’s 50 day moving average is $65.85 and its 200-day moving average is $64.41. The company has a market capitalization of $421.28 million, a price-to-earnings ratio of 18.96 and a beta of 0.88. Bank of Marin Bancorp has a 12 month low of $49.50 and a 12 month high of $75.05.
Bank of Marin Bancorp (NASDAQ:BMRC) last announced its quarterly earnings data on Monday, July 24th. The bank reported $0.84 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.04. The firm had revenue of $20.40 million during the quarter, compared to analysts’ expectations of $20.33 million. Bank of Marin Bancorp had a return on equity of 9.55% and a net margin of 26.72%. Analysts expect that Bank of Marin Bancorp will post $3.27 EPS for the current fiscal year.
BMRC has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Bank of Marin Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday, July 26th. BidaskClub cut shares of Bank of Marin Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Piper Jaffray Companies set a $68.00 price objective on shares of Bank of Marin Bancorp and gave the stock a “hold” rating in a report on Sunday, July 30th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $68.00 price objective on shares of Bank of Marin Bancorp in a report on Wednesday, June 28th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $70.00.
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Bank of Marin Bancorp Company Profile
Bank of Marin Bancorp (Bancorp) is the holding company for Bank of Marin (the Bank). The Company’s business banking focus is on small to medium-sized businesses, professionals and not-for-profit organizations. As of December 31, 2016, the Company operated through 20 offices in Marin, Sonoma, San Francisco, Napa and Alameda counties.
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