Bank of Marin

Welcome to Bank of Marin. Here, you are treated as a respected partner and fellow community member. Our institution is tailored to serve Bay Area businesses and the people who run them, providing insight, guidance and support, as part of the legendary service that’s our hallmark. Bank of Marin’s philosophy, reflected below in our core values, is banking built on trust and relationships. You’ll find experts whose knowledge of the local markets is yours to tap into. Our creative and customized solutions safely and confidently support your growth and success now and into the future. Whether you’re a sole proprietor forging your first company or the CEO of a well-established corporation, we’ll work side-by-side with you to help you reach your financial goals.
Company Growth (employees)
Type
Public
HQ
Novato, US
Founded
1990
Size (employees)
262 (est)+2%
Bank of Marin was founded in 1990 and is headquartered in Novato, US

Bank of Marin Office Locations

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

Bank of Marin Data and Metrics

Bank of Marin Financial Metrics

Bank of Marin's revenue was reported to be $20.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

20.1 m

Gross profit (Q1, 2017)

19.7 m

Gross profit margin (Q1, 2017), %

98%

Net income (Q1, 2017)

4.5 m

EBIT (Q1, 2017)

17.6 m

Market capitalization (17-Aug-2017)

395.8 m
Bank of Marin's current market capitalization is $395.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

60.6 m72.8 m69.4 m84.6 m

Revenue growth, %

20%(5%)22%

Cost of goods sold

1.8 m2.3 m2.3 m2.3 m

Gross profit

58.8 m70.4 m67.2 m82.3 m

Gross profit Margin, %

97%97%97%97%

Operating expense total

44.1 m47.3 m46.9 m47.7 m

EBIT

58.2 m69.7 m66.7 m75 m

EBIT margin, %

96%96%96%89%

Pre tax profit

22.2 m31.5 m28.9 m36.5 m

Income tax expense

7.9 m11.7 m10.5 m13.3 m

Net Income

14.3 m19.8 m18.4 m23.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

19.4 m19.6 m19.7 m21.4 m20.4 m21.9 m20.1 m

Cost of goods sold

582 k564 k562 k557 k827 k453 k411 k

Gross profit

18.8 m19.1 m19.2 m20.8 m19.6 m21.5 m19.7 m

Gross profit Margin, %

97%97%97%97%96%98%98%

R&D expense

786 k792 k835 k856 k916 k894 k939 k

General and administrative expense

1.3 m1.5 m1.3 m1.3 m1.2 m1.3 m1.3 m

Operating expense total

2.1 m2.3 m2.2 m2.1 m2.1 m2.2 m2.3 m

EBIT

16.6 m16.5 m16.9 m18.6 m17.2 m20.9 m17.6 m

EBIT margin, %

86%84%86%87%84%95%87%

Pre tax profit

6.9 m6.7 m7.5 m8.8 m7.6 m11.1 m6.7 m

Income tax expense

2.5 m2.5 m2.8 m3.1 m2.7 m4.2 m2.2 m

Net Income

9.7 m15.1 m4.5 m4.3 m4.8 m5.6 m4.8 m7 m4.5 m
USDFY, 2016

Accounts Payable

581.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

14.3 m19.8 m18.4 m23.1 m

Depreciation and Amortization

1.4 m1.6 m2 m1.8 m

Accounts Receivable

(694 k)(143 k)(734 k)324 k

Accounts Payable

28 k(40 k)(26 k)(53 k)

Cash From Operating Activities

21.2 m18.9 m23.7 m25.4 m

Cash From Investing Activities

(36.9 m)(42.7 m)(263.3 m)24.3 m

Cash From Financing Activities

91.2 m(38.6 m)224.6 m(27.3 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

9.7 m15.1 m4.5 m4.3 m4.8 m5.6 m4.8 m7 m4.5 m

Depreciation and Amortization

819 k1.2 m421 k650 k441 k453 k441 k449 k481 k

Accounts Receivable

139 k122 k456 k109 k303 k724 k676 k998 k

Accounts Payable

(35 k)(44 k)(5 k)(4 k)(13 k)10 k(50 k)(49 k)

Cash From Operating Activities

6.5 m14.1 m5.9 m9.1 m17.1 m7.6 m10.5 m20.3 m7 m

Cash From Investing Activities

(39.1 m)(53.8 m)23.4 m(10.1 m)(104.1 m)100.8 m110 m47.3 m12.4 m

Cash From Financing Activities

10.2 m(17.6 m)32.5 m77.2 m81 m(95 m)(91.4 m)2.9 m5 m

Interest Paid

1.1 m1.7 m534 k1 m1.6 m498 k1.3 m1.7 m373 k

Income Taxes Paid

4.7 m7.2 m30 k5.3 m6.6 m505 k7.1 m9.1 m
USDY, 2017

Revenue/Employee

77.8 k

Bank of Marin Market Value History

Traffic Overview of Bank of Marin

Bank of Marin Company Life and Culture

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