Bank of Marin FY26 Q2 net income rises 8.65% to USD 9.25 million; diluted EPS climbs to USD 0.58
BMRC•Quarterly results
Bank of Marin Bancorp posted GAAP net income of $9.25 million, up 8.65% from the prior quarter; diluted EPS rose to $0.58.
Net interest income climbed 1.58% to $30.78 million from the prior quarter; tax-equivalent net interest margin widened 14 basis points to 3.38%.
Non-interest income fell 17.3% to $3.17 million from the prior quarter, while non-interest expense declined 4.2% to $21.6 million.
Balance sheet and asset quality
Total deposits slipped to $3.37 billion at June 30, 2026, down $45.6 million from Dec. 31, 2025; loans edged down $19.9 million to $2.1 billion.
Asset quality improved, with non-accrual loans at 0.40% of total loans at June 30, 2026 versus 1.27% at Dec. 31, 2025.
