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Bank of Marin Bancorp BMRC Earnings on bank-owned life insurance death benefits

Earnings on bank-owned life insurance death benefits at other companies

First Commonwealth Financial logo
First Commonwealth FinancialFCF
$1.68M+25.7%
Farmers National Banc Corp logo
Farmers National Banc CorpFMNB
$526K+374%
Primis Financial Corp. logo
Primis Financial Corp.FRST
$472K+11.1%
Dime Community Bancshares
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Dime Community Bancshares DCOM
$199K-46.4%
Peoples Bancorp logo
Peoples BancorpPEBO
$1.14M+8.2%
Chemung Financial logo
Chemung FinancialCHMG
$7K-12.5%

Other financials

Income statement

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Revenue$34.1M+26.4%
Net income$8.5M+74.5%
EPS (diluted)$0.53+76.7%

Balance sheet

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Cash & equivalents$236.6M-9.0%
Total debt$69.8M+221%
Total equity$394.5M-10.3%
Total assets$3.9B+3.4%

Cash flow

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Operating cash flow$1.1M-78.0%
CapEx$164.0K-47.8%
Free cash flow$921.0K-80.1%

Valuation

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Market cap$426.11M+23.3%
Enterprise value$259.26M+141%
P/S11.1×+6.5×

Profitability

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Net margin-83.2%-94.1pp
FCF margin87.2%+49.4pp

Returns & leverage

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Return on equity-7.7%-10.1pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by Bank of Marin Bancorp in its filing.

Tagged under the XBRL concept bmrc:EarningsOnBankOwnedLifeInsuranceDeathBenefits.

The official record: Bank of Marin Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bank of Marin Bancorp's earnings on bank-owned life insurance death benefits?
Bank of Marin Bancorp (BMRC) reported earnings on bank-owned life insurance death benefits of $479K in Q1 2026.
How has Bank of Marin Bancorp's earnings on bank-owned life insurance death benefits changed year-over-year?
Bank of Marin Bancorp's earnings on bank-owned life insurance death benefits increased by 604.4% year-over-year, from $68K to $479K.
What does earnings on bank-owned life insurance death benefits mean?
This captures the specific gains realized when the bank receives death benefit payouts from life insurance policies held on insured individuals. These are typically non-recurring, event-driven inflows that can significantly impact net income in a single reporting period. Investors track this to distinguish between core operational earnings and one-time gains from insurance settlements.