Is Bank of Marin Bancorp (BMRC) Halal?

NASDAQ Financial Services United States $408M
✗ NOT HALAL
Confidence: 95/100
Bank of Marin Bancorp (BMRC) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

EPS
$-2.24
Dividend Yield
395.0%
Payout: 161.3%
P/B Ratio
1.0
Revenue
$70M
Beta
0.9
Average volatility

Profitability

Gross Margin 0.0%
Operating Margin 140.5%
Net Margin -125.1%
Return on Equity (ROE) -8.6%
Return on Assets (ROA) -0.9%

Cash Flow & Balance Sheet

Operating Cash Flow$28M
Free Cash Flow$28M
Total Debt$22M
Total Assets$3.7B

Price & Trading

Last Close$25.46
50-Day MA$25.93
200-Day MA$25.06
Avg Volume102K
Beta0.9
52-Week Range
$19.14
$28.48

About Bank of Marin Bancorp (BMRC)

CEO
Mr. Timothy D. Myers
Employees
311
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$408M
Currency
USD

Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services to small to medium-sized businesses, not-for-profit organizations, and commercial real estate investors in the United States. The company offers personal and business checking and savings accounts; and individual retirement, health savings, and demand deposit marketplace accounts, as well as time certificates of deposit, certificate of deposit account registry, and insured cash sweep services. It also provides commercial real estate, commercial and industrial, small business, and consumer loans, as well as construction financing and home equity lines of credit. In addition, the company offers merchant and payroll services; commercial equipment leasing program; payment solutions; treasury management services; credit cards; automated teller machines; and mobile deposit, remote deposit capture, automated clearing house, wire transfer, and image lockbox services. Further, it provides wealth management and trust services comprising customized investment portfolio management, trust administration, estate settlement, and custody services; international banking; and telephone and digital banking services. The company was founded in 1989 and is headquartered in Novato, California.

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Frequently Asked Questions

Is Bank of Marin Bancorp (BMRC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bank of Marin Bancorp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Bank of Marin Bancorp's debt ratio?

Bank of Marin Bancorp's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Bank of Marin Bancorp's key financial metrics?

Bank of Marin Bancorp has a market capitalization of $408M, and revenue of $70M. Return on equity stands at -8.6%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.