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Bank of Marin Bancorp BMRC Effective Income Tax Rate Reconciliation Tax Exempt Income

Effective Income Tax Rate Reconciliation Tax Exempt Income at other companies

Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
1.2%+0.2pp
Lakeland Financial logo
Lakeland FinancialLKFN

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 us-gaap:EffectiveIncomeTaxRateReconciliationTaxExemptIncome.

The official record: Bank of Marin Bancorp’s 10-K, filed March 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bank of Marin Bancorp's effective income tax rate reconciliation tax exempt income?
Bank of Marin Bancorp (BMRC) reported effective income tax rate reconciliation tax exempt income of -1.3% in Q4 2025.
What does effective income tax rate reconciliation tax exempt income mean?
The percentage impact of tax-exempt income on the company's effective tax rate compared to the statutory rate. It quantifies the tax savings generated by holding tax-exempt assets relative to total pre-tax earnings.