Bank of Marin Bancorp (BMRC) Tax Rate (2011 - 2026)

Bank of Marin Bancorp has reported Tax Rate for 16 years, with the latest figure at 26.62% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 185.0% year-over-year to 26.62%; the trailing twelve-month figure through Mar 2026 stood at 32.36% (down 1043.0% YoY), and the FY2025 full-year result was 32.03%, down 719.0% from the prior year.
• Tax Rate for Q1 2026 stood at 26.62%, down from 31.08% in the prior quarter.
• The five-year high for Tax Rate was 87.5% in Q1 2023, with the low at 55.61% in Q4 2023.
• Historically, Tax Rate has averaged 26.25% across 5 years, with a median of 26.32% in 2022.
• Annual changes were most pronounced in 2023 — Tax Rate sank 8262 bps — and 2024, when it jumped 9339 bps.
• Bank of Marin Bancorp's Tax Rate stood at 27.01% in 2022, then tumbled by 306 bps to 55.61% in 2023, then jumped by 168 bps to 37.78% in 2024, then slipped by 18 bps to 31.08% in 2025, then dropped by 14 bps to 26.62% in 2026.
• The last three Tax Rate figures came in at 26.62% (Q1 2026), 31.08% (Q4 2025), and 21.69% (Q3 2025), per Business Quant data.