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Bank Of Marin Bancorp Q1 Profit Misses Estimates

RTTNews | 483天前

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

標籤: BMRC

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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 | 392天前

European Shares Decline Amid French Uncertainty

European Shares Decline Amid French Uncertainty

European shares traded lower on Tuesday, with Fed independence fears and French political risks keeping investors on edge.

RTTNews | 11分鐘前

Asian Shares Slip After Trump's Tariff Threats

Asian Shares Slip After Trump's Tariff Threats

Asian stocks fell on Tuesday as Fed independence fears resurfaced and investors awaited Nvidia results amid hopes it can soothe fears about AI spending.

RTTNews | 32分鐘前

Indian Rupee Falls To More Than 4-week Low On Tariff Worries

Indian Rupee Falls To More Than 4-week Low On Tariff Worries

The Indian rupee weakened against the U.S. dollar in the Asian session on Tuesday, after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | 1小時6分鐘前

Antipodean Currencies Fall Amid Risk-off Mood

Antipodean Currencies Fall Amid Risk-off Mood

The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation.

RTTNews | 1小時45分鐘前

NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.

RTTNews | 2小時53分鐘前

Australian Dollar Falls Against Majors

Australian Dollar Falls Against Majors

The Australian dollar weakened against other major currencies in the Asian session on Tuesday.

RTTNews | 2小時58分鐘前

European Shares Poised For Weak Start As Fed Rate Cut Hopes Fade

European Shares Poised For Weak Start As Fed Rate Cut Hopes Fade

European stocks may drift lower on Tuesday as investors fret about Fed independence and await Nvidia earnings due Wednesday for guidance and signs the AI market remains robust.

RTTNews | 3小時36分鐘前

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