Bank of Marin Bancorp (BMRC, Financial) experienced a significant stock movement with its shares rising by 5.33%, reaching $21.18. The stock saw a trading volume of 41,535 shares, a turnover rate of 0.26%, and a price fluctuation of 4.48%.
Recent financial reports revealed an operating income of $4.58 million, a net loss of $21.90 million, and earnings per share of -$1.36. The company currently lacks a positive price-to-earnings ratio and there are no analyst ratings available for buying, holding, or selling the stock.
In the broader banking industry, the sector saw an overall decline of 0.20%. Notably, stocks like Bank of Marin Bancorp (BMRC, Financial), Lendingclub Corporation, and Rocket Companies showed significant activity, with turnover rates of 1.05%, 1.03%, and 0.88%, respectively. Stocks with higher volatility included Panhua Financial, Bogota Financial Corp., and Auburn Bank, with notable price swings.
Bank of Marin Bancorp, headquartered in the United States, operates primarily through its subsidiary to offer financial services to professionals, small to medium-sized businesses, and individual clients in regions including Marin, Sonoma, Napa, San Francisco, and others. Its primary revenue stream is interest income.
