Filing Flows › Bank of Marin Bancorp (BMRC) › Q3 2026
Bank of Marin Bancorp (BMRC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Bank of Marin Bancorp (BMRC) reported revenue of $35.1M for the third quarter 2026 (Q3 2026), +17% from a year earlier and +3% from the quarter before. Operating margin was 39.0%, net earnings $9.9M (28.3% of revenue).
Bank of Marin Bancorp, Q3 2026: revenue $35.1M (+17% year over year), operating margin 39.0%, net earnings $9.9M, operating cash flow $16.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.1M | +3% | +17% |
| Operating profit | $13.7M | +8% | +42% |
| Net earnings | $9.9M | +7% | +32% |
| Operating cash flow | $16.3M | +34% | +30% |
| Free cash flow | $16.0M | +35% | +33% |
What changed
Revenue was $35.1M in Q3 2026, up 17% year over year and up 3% from the previous quarter. Net interest income was the largest line at 90% of revenue. Net interest income added $4.2M year over year (up 16%), 82% of the total change.
Operating profit was $13.7M, a 39.0% margin (up 6.9 points year over year). Of the extra revenue versus a year earlier, 79% reached operating profit, above the 32% margin then. Total costs grew 5% against revenue growth of 17%. Net earnings were $9.9M, up 32% year over year. The effective tax rate was 27.4%.
Operating cash flow was $16.3M (up 30% year over year), 164% of net earnings. Non-cash charges added back $325K of share-based compensation. Working capital and other items added $6.0M. Capital expenditures of $251K left free cash flow of $16.0M.
Questions
What was Bank of Marin Bancorp's revenue in the third quarter 2026?
Bank of Marin Bancorp (BMRC) reported revenue of $35.1M for the third quarter 2026 (Q3 2026), +17% from a year earlier and +3% from the quarter before.
Was Bank of Marin Bancorp profitable in the third quarter 2026?
Operating profit was $13.7M (39.0% of revenue) and net earnings $9.9M.