In its Q1 2025 earnings report, Bank of Marin Bancorp reported earnings per share of $0.30, slightly missing the forecast of $0.31, and revenue of $27.82 million, falling short of the expected $27.99 million. The company's net income rose by 67% year-over-year, with total deposits increasing by $82 million from the previous quarter. Additionally, Keefe, Bruyette & Woods raised its price target for Bank of Marin Bancorp to $27.00, maintaining an Outperform rating due to the bank's balance sheet repositioning. The bank also announced a change in its independent auditor to Baker Tilly US, LLP following a merger involving its previous auditor, Moss Adams LLP.