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Bank of Marin Bancorp (Bank of Marin Bancorp) E10 : $2.36 (As of Mar. 2024)


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What is Bank of Marin Bancorp E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Bank of Marin Bancorp's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.36 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 7.20% per year. During the past 5 years, the average E10 Growth Rate was 7.70% per year. During the past 10 years, the average E10 Growth Rate was 6.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Bank of Marin Bancorp was 23.50% per year. The lowest was 3.80% per year. And the median was 6.50% per year.

As of today (2024-05-31), Bank of Marin Bancorp's current stock price is $15.364. Bank of Marin Bancorp's E10 for the quarter that ended in Mar. 2024 was $2.36. Bank of Marin Bancorp's Shiller PE Ratio of today is 6.51.

During the past 13 years, the highest Shiller PE Ratio of Bank of Marin Bancorp was 28.08. The lowest was 6.17. And the median was 17.69.


Bank of Marin Bancorp E10 Historical Data

The historical data trend for Bank of Marin Bancorp's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank of Marin Bancorp E10 Chart

Bank of Marin Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.91 2.10 2.32 2.35

Bank of Marin Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.36 2.38 2.38 2.35 2.36

Competitive Comparison of Bank of Marin Bancorp's E10

For the Banks - Regional subindustry, Bank of Marin Bancorp's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of Marin Bancorp's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Marin Bancorp's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Marin Bancorp's Shiller PE Ratio falls into.



Bank of Marin Bancorp E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Bank of Marin Bancorp's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.18/131.7762*131.7762
=0.180

Current CPI (Mar. 2024) = 131.7762.

Bank of Marin Bancorp Quarterly Data

per share eps CPI Adj_EPS
201406 0.430 100.560 0.563
201409 0.445 100.428 0.584
201412 0.390 99.070 0.519
201503 0.370 99.621 0.489
201506 0.355 100.684 0.465
201509 0.395 100.392 0.518
201512 0.405 99.792 0.535
201603 0.465 100.470 0.610
201606 0.395 101.688 0.512
201609 0.570 101.861 0.737
201612 0.465 101.863 0.602
201703 0.370 102.862 0.474
201706 0.420 103.349 0.536
201709 0.415 104.136 0.525
201712 0.085 104.011 0.108
201803 0.460 105.290 0.576
201806 0.560 106.317 0.694
201809 0.620 106.507 0.767
201812 0.690 105.998 0.858
201903 0.540 107.251 0.663
201906 0.600 108.070 0.732
201909 0.690 108.329 0.839
201912 0.660 108.420 0.802
202003 0.530 108.902 0.641
202006 0.550 108.767 0.666
202009 0.550 109.815 0.660
202012 0.600 109.897 0.719
202103 0.660 111.754 0.778
202106 0.710 114.631 0.816
202109 0.350 115.734 0.399
202112 0.610 117.630 0.683
202203 0.660 121.301 0.717
202206 0.690 125.017 0.727
202209 0.760 125.227 0.800
202212 0.810 125.222 0.852
202303 0.590 127.348 0.611
202306 0.280 128.729 0.287
202309 0.330 129.860 0.335
202312 0.040 129.419 0.041
202403 0.180 131.776 0.180

Add all the adjusted EPS together and divide 10 will get our e10.


Bank of Marin Bancorp  (NAS:BMRC) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Bank of Marin Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.364/2.36
=6.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Bank of Marin Bancorp was 28.08. The lowest was 6.17. And the median was 17.69.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Bank of Marin Bancorp E10 Related Terms

Thank you for viewing the detailed overview of Bank of Marin Bancorp's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of Marin Bancorp (Bank of Marin Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
504 Redwood Boulevard, Suite 100, Novato, CA, USA, 94947
Bank of Marin Bancorp is a United States-based bank holding company. It conducts business primarily through its wholly-owned subsidiary. The Bank provides a wide range of financial services to customers such as professionals, small and middle-market businesses, and individuals residing in Marin, Sonoma, Napa, San Francisco, Alameda, Contra Costa, and San Mateo counties. It offers commercial and retail deposit and lending programs, personal and business checking and savings accounts, and wealth management and trust services. The majority of its revenue comes from interest income.
Executives
Mcdevitt Jr William H director 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Cigdem Gencer director 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
David Bonaccorso officer: Senior Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
David A Bloom officer: Executive Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Misako Stewart officer: EVP, Chief Credit Officer 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Timothy D Myers officer: Senior Vice President 504 REDWOOD BOULEVARD, STE 100, NOVATO CA 94947
Arasadi Sathis officer: Executive Vice President 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Secil Tabli Watson director 504 REDWOOD BLVD., STE. 100, NOVATO CA 94947
David A Merck officer: Principal Accounting Officer 504 REDWOOD BOULEVARD, STE. 100, NOVATO CA 94947
Kevin R Kennedy director 504 REDWOOD BLVD STE 100, NOVATO CA 94947
H Robert Heller director 90 GILMARTIN DRIVE, TIBURON CA 94920
Charles D Fite director 8707 HAMMERSMITH LANE, FAIR OAKS CA 95628-6300
Russell A Colombo director, officer: President and CEO 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947
Steven I. Barlow director 504 REDWOOD BLVD., SUITE 100, NOVATO CA 94947
Sanjiv Siddharth Sanghvi director 504 REDWOOD BOULEVARD, STE 100, NOVATO CA 94947