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Bank of Marin is a community and business bank providing a range of financial services. The Company accepts personal and business checking and savings accounts, time deposits, and insured cash sweep accounts. It also offers commercial real estate, commercial and industrial, and consumer loans, as well as construction financing and home equity lines of credit. In addition, the Company provides merchant card and cash management sweep services, credit cards, mobile banking, remote deposit capture, and automated clearing house services, fraud prevention services and valet deposit pick-up services. Further, it offers wealth management and trust services, automated teller machines, and telephone and Internet banking services.

TypePublic
Founded1990
HQNovato, US
Websitebankofmarin.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2018)290
Job Openings31
Revenue (FY, 2017)$84.9 M
Share Price (Oct 2019)$41.2

Key People/Management at Bank of Marin

Brian M. Sobel

Brian M. Sobel

Chairman, Bank of Marin and Bank of Marin Bancorp; Principal Consultant, Sobel Communications
Russell A. Colombo

Russell A. Colombo

President, Chief Executive Officer, Bank of Marin and Bank of Marin Bancorp
Robert Heller

Robert Heller

Former Governor, Federal Reserve Board and Former President and CEO, Visa USA
Joel Sklar

Joel Sklar

MD Chief Medical Officer, Marin General Hospital
James S. Kimball

James S. Kimball

Executive Vice President, Chief Operating Officer
James T. Burke

James T. Burke

Executive Vice President, Chief Information Officer
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Bank of Marin Office Locations

Bank of Marin has an office in Novato
Novato, US (HQ)
504 Redwood Blvd #100
Show all (1)

Bank of Marin Financials and Metrics

Bank of Marin Revenue

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Bank of Marin's revenue was reported to be $84.86 m in FY, 2017
USD

Revenue (Q2, 2018)

25.6m

Gross profit (Q2, 2018)

25.1m

Gross profit margin (Q2, 2018), %

97.8%

Net income (Q2, 2018)

7.9m

EBIT (Q2, 2018)

22.8m

Market capitalization (16-Oct-2019)

562.1m

Closing stock price (16-Oct-2019)

41.2

Cash (31-Dec-2018)

34.2m

EV

530.5m
Bank of Marin's current market capitalization is $562.1 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

68.6m72.8m78.6m84.6m84.9m

Revenue growth, %

20%(5%)22%

Cost of goods sold

1.8m2.3m2.3m2.3m1.7m

Gross profit

66.8m70.4m76.4m82.3m83.1m
Quarterly
USDQ3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

16.4m20.8m19.4m19.6m19.7m21.4m20.4m21.9m20.1m20.8m24.7m25.6m

Cost of goods sold

429.0k582.0k582.0k564.0k562.0k557.0k827.0k453.0k411.0k399.0k556.0k566.0k

Gross profit

16.0m20.2m18.8m19.1m19.2m20.8m19.6m21.5m19.7m20.4m24.1m25.1m

Gross profit Margin, %

97%97%97%97%97%97%96%98%98%98%98%98%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

103.8m26.3m203.5m34.2m

Accounts Receivable

Inventories

Goodwill

6.4m30.1m30.1m
Quarterly
USDQ3, 2013Q2, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2017Q1, 2018Q2, 2018

Cash

99.4m81.4m117.5m35.3m39.8m137.9m159.3m83.9m

Goodwill

6.4m6.4m6.4m6.4m6.4m30.1m30.1m

Total Assets

1.5b1.8b1.9b1.9b1.9b2.1b2.5b2.5b

Accounts Payable

1.3b1.6b1.6b1.6b1.7b1.8b2.2b2.1b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

14.3m19.8m18.4m23.1m16.0m32.6m

Depreciation and Amortization

1.4m1.6m2.0m1.8m1.9m2.1m

Inventories

Accounts Payable

28.0k(40.0k)(26.0k)(53.0k)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

11.9m4.5m9.7m15.1m4.5m4.3m4.8m5.6m4.8m7.0m4.5m5.2m5.1m6.4m14.3m

Depreciation and Amortization

1.0m416.0k819.0k1.2m421.0k650.0k441.0k453.0k441.0k449.0k481.0k463.0k547.0k1.1m

Accounts Payable

(32.0k)(33.0k)(35.0k)(44.0k)(5.0k)(4.0k)(13.0k)10.0k(50.0k)(49.0k)

Cash From Operating Activities

14.6m2.1m6.5m14.1m5.9m9.1m17.1m7.6m10.5m20.3m7.0m12.2m20.4m9.2m18.8m
USDY, 2018

EV/EBIT

23.2 x

EV/CFO

12.6 x

Financial Leverage

8 x
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Bank of Marin Operating Metrics

Bank of Marin's Total Loans was reported to be $1.5b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

21 20 20

Non-accrual Loans

$9.35 m$9.50 m$7.10 m$2.40 m$2.18 m$2.70 m$2.70 m$540 k$145 k$1.22 m$1.18 m

Total Loans

$1.36 b$1.35 b$1.34 b$1.36 b$1.45 b$1.44 b$1.45 b$1.47 b$1.49 b$1.48 b$1.49 b
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Bank of Marin Online and Social Media Presence

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Bank of Marin News and Updates

Bank of Marin Frequently Asked Questions

  • When was Bank of Marin founded?

    Bank of Marin was founded in 1990.

  • Who are Bank of Marin key executives?

    Bank of Marin's key executives are Brian M. Sobel, Russell A. Colombo and Robert Heller.

  • How many employees does Bank of Marin have?

    Bank of Marin has 290 employees.

  • What is Bank of Marin revenue?

    Latest Bank of Marin annual revenue is $84.9 m.

  • What is Bank of Marin revenue per employee?

    Latest Bank of Marin revenue per employee is $292.6 k.

  • Who are Bank of Marin competitors?

    Competitors of Bank of Marin include Hang Seng Bank, Royal Bank Of Canada and Westpac Banking.

  • Where is Bank of Marin headquarters?

    Bank of Marin headquarters is located at 504 Redwood Blvd #100, Novato.

  • Where are Bank of Marin offices?

    Bank of Marin has an office in Novato.

  • How many offices does Bank of Marin have?

    Bank of Marin has 1 office.