Bank of Marin Bancorp reported record earnings of $11.1 million for the second quarter of 2022, with diluted earnings per share at $0.69. The company's strong loan production and excellent asset quality contributed to the positive results. The board declared a cash dividend of $0.25 per share.
Record earnings of $11.1 million in the second quarter of 2022.
Diluted earnings per share were $0.69 in the second quarter of 2022.
Return on Assets of 1.03% and Return on Equity of 10.74% for the three months ended June 30, 2022.
The Board of Directors declared a cash dividend of $0.25 per share.
The company did not provide forward guidance in the earnings report.
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