Bank Of Marin Bancorp Q1 Profit Misses Estimates

RTTNews | 482 dias atrás
Bank Of Marin Bancorp Q1 Profit Misses Estimates

(RTTNews) - Bank of Marin Bancorp (BMRC), parent company of Bank of Marin, reported Monday its net income for the first quarter of fiscal 2024 was $2.92 million or $0.18 per share, compared to $9.44 million or $0.59 per share in the prior-year quarter.

Net interest income for the quarter was $22.69 million, down from $29.72 million in the year-ago quarter.

Total noninterest income also declined to $2.75 million from $2.94 million last year.

On average, six analysts polled by Thomson Reuters expected the company to report earnings of $0.26 per share on revenues of $24.85 million for the quarter. Analysts' estimates typically exclude special items.

The Company's Board of Directors declared a cash dividend of $0.25 per share on April 25, 2024, payable on May 16, 2024, to shareholders of record at the close of business on May 9, 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Marcadores : BMRC
read more
Bank Of Marin Bancorp Slips To Loss In Q2

Bank Of Marin Bancorp Slips To Loss In Q2

Bank of Marin Bancorp (BMRC), parent company of Bank of Marin, reported Monday a net loss for the second quarter of $21.90 million or $1.36 per share, compared to $2.92 million or $0.18 per share in the prior-year quarter. Excluding items, comparable earnings was $0.06 per share.
RTTNews | 391 dias atrás
Thai Shares Tipped To Open To The Upside On Monday

Thai Shares Tipped To Open To The Upside On Monday

The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.
RTTNews | 56 minutos atrás
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 1h 9min atrás
Indonesia Stock Market May End Losing Streak On Monday

Indonesia Stock Market May End Losing Streak On Monday

The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
RTTNews | 1h 26min atrás
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weal spot.
RTTNews | 1h 28min atrás
Hong Kong Shares Tipped To Open In The Green

Hong Kong Shares Tipped To Open In The Green

The Hong Kong stock market has moved higher in two of three trading days since the end of the four-day losing streak in which it had fallen more than 480 points or 1.7 percent. The Hang Seng Index now rests just beneath the 25,340-point plateau and it's expected to open higher again on Monday.
RTTNews | 1h 41min atrás
China Stock Market May Extend Winning Streak

China Stock Market May Extend Winning Streak

The China stock market has moved higher in three straight sessions, advancing almost 100 points or 2.9 percent along the way. The Shanghai Composite Index now sits just above the 3,825-point plateau and it's expected to add to its winnings again on Monday.
RTTNews | 1h 56min atrás