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Stock Market & Financial Investment News

News Breaks
October 23, 2012
06:16 EDTBMRCBank of Marin downgraded to Hold from Buy at Wunderlich
Wunderlich downgraded Bank of Marin citing valuation following the company's weaker than expected Q3 results. The firm lowered its price target for shares to $40 from $42.
News For BMRC From The Last 14 Days
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April 20, 2015
08:07 EDTBMRCBank of Marin reports Q1 EPS 74c, consensus 78c
Reports Q1 net recoveries totaled $57K, compared to $50K in the prior quarter and net charge-offs in the same quarter a year ago of $142K. There was no provision for loan losses recorded in Q1 or the prior quarter, compared to a provision for loan losses totaling $150K in the first quarter of 2014. Total risk-based capital ratio for Bancorp was 13.8% at March 31, compared to 13.9% at December 31, 2014 and 13.5% at March 31, 2014. The common equity tier one ratio, a new regulatory ratio under Basel III, was 12.5% at March 31, 2015.

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