Bank Of Marin Bancorp Reveals Advance In Q4 Bottom Line, Beats Estimates

(RTTNews) - Bank Of Marin Bancorp (BMRC) reported a profit for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $6.001 million, or $0.38 per share. This compares with $0.610 million, or $0.04 per share, last year.

Analysts on average had expected the company to earn $0.33 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 33.5% to $27.9 million from $20.9 million last year.

Bank Of Marin Bancorp earnings at a glance (GAAP) :

-Earnings: $6.001 Mln. vs. $0.610 Mln. last year. -EPS: $0.38 vs. $0.04 last year. -Revenue: $27.9 Mln vs. $20.9 Mln last year.