)
Edge23 Jan 2026
Death, Taxes, and Garbage: The Story of WM
How Waste Management turned garbage into one of America's most stable business models through landfills, regulation, and nationwide scale.
Bank of Marin Bancorp
Bank of Marin Bancorp (BMRC) investor relations material
Bank of Marin Bancorp Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary26 Jan, 2026
Executive summary
Achieved strong core profitability metrics, robust loan and deposit growth, and improved credit quality in Q4 2025, with newly funded loans reaching $106.5M, the highest since 2015.
Completed a major balance sheet restructuring, including selling $593.2M in securities at a $69.5M pre-tax loss, resulting in a Q4 net loss but improving net interest margin and future income.
Issued $45M in subordinated debt at 6.75% to replenish capital ratios impacted by securities losses.
Deposits increased, with non-interest bearing deposits rising to 43.7% of total deposits and cost of deposits decreasing.
Non-accrual and classified loans reached year-to-date lows, reflecting improved credit quality.
Financial highlights
Q4 net loss was $39.5 million ($2.49 per share) due to a $69 million loss from securities portfolio repositioning; non-GAAP net income was $9.4 million ($0.59 per share).
Pre-tax, pre-provision net income improved 31% quarter-over-quarter; net interest income rose to $31.2 million, driven by balance sheet growth and lower deposit costs.
Tax-equivalent net interest margin rose to 3.32% in Q4, up from 3.08% in Q3.
Allowance for credit losses to total loans was 1.42% at year-end; non-accrual loans were 1.27% of total loans.
Book value per share was $24.51; tangible book value per share was $19.87 as of 12/31/25.
Outlook and guidance
Balance sheet restructuring is expected to provide a 25 basis point annualized net interest margin increase and $0.40 annual EPS accretion.
Management anticipates continued positive earnings trends, with solid loan and deposit growth and targeted deposit cost reductions as Fed rate cuts are expected in 2026.
Portfolio is well-positioned to absorb higher rate environments through 2027, with strong debt service coverage ratios.
Expense growth expected to be at least 4.5% in 2025, with additional investments in people and systems.
Confirm 2026 EPS accretion from repositioning
Why the rise in special mention loans?
When will share repurchase program be active?
How much of the 25 bps NIM lift is realized?
How is loan growth sustained beyond new hires?
How do current capital levels impact M&A strategy?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Bank of Marin Bancorp earnings date
Q1 202627 Apr, 2026
Bank of Marin Bancorp
Next Bank of Marin Bancorp earnings date
Q1 202627 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to professionals, small and middle-market businesses, individuals, and not-for-profit organizations. The company operates through four segments: Los Angeles Branch, Small Business Unit, Personal Banking Unit, and International and Other Services Unit. It offers loans to businesses that are engaged in real estate, professional services, wholesale trade, manufacturing, transportation and distribution, retail, and telecommunications industries; business banking products and services include deposit accounts, cash management programs, commercial lending products and services including term loans, revolving lines of credit, asset-based lending products and services including equipment financing loans, lines of credit secured by inventory or accounts receivable; personal banking products and services include deposits accounts that consist of checking accounts for individuals with low net worth requirements (Basic Checking). Bank of Marin Bancorp is based in Novato, California.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage