BMRC
NASDAQ · Banking
Bank Of Marin Bancorp/Ca
$25.74
-0.04 (-0.16%)
BMRC News30 articles
Grab Shares Dip on Superbank Consolidation, Year-to-Date Losses Widen
Grab shares slipped 1% to $3.465 after announcing Superbank consolidation, extending YTD losses over 30%. Analysts cut price targets despite Q1 revenue growth of 24%.
ServiceNow Surges on Bullish AI Outlook from Bank of America
ServiceNow shares surged 8.8% Monday after Bank of America reinstated coverage with a Buy rating and $130 target, highlighting AI-driven workflow opportunities.
Bank of America Settles Double-Fee ATM Claims for $2.25M
Bank of America will pay $2.25 million to settle claims it charged customers double out-of-network balance-inquiry fees at 7-Eleven ATMs. Claim deadline is June 29.
Hanmi Financial Stock Declines as Dividend Date Approaches and Regional Banks Retreat
Hanmi Financial shares declined 4.2% last week, more than the broader regional bank index, as rising bond yields and inflation worries pressured the sector. The company's $0.28 dividend is set for payment on May 20.
Bank of America $2.25M 7-Eleven ATM Fee Settlement: Claim Deadline June 29
Bank of America settles claims of duplicate ATM fees at 7-Eleven for $2.25 million. Former clients have until June 29 to file claims.
Nu Holdings Earnings: Key Test for Nubank’s Profitability
Nu Holdings reports Q1 earnings tonight. Analysts forecast EPS of $0.20 and revenue of $5.06 billion. NU shares rose 0.9% to $12.94 ahead of the release.
Senate Banking Committee to Debate CLARITY Act as Crypto Regulation Nears Key Vote
The Senate Banking Committee begins debate on the CLARITY Act, a crypto market structure bill, with over 130 amendments filed. The bill's fate hinges on bipartisan support amid bank-crypto divisions.
SoftBank's OpenAI Bet Drives Record Annual Profit, But Financing Questions Loom
SoftBank's net profit more than tripled in Q4 to ¥1.83 trillion, fueled by gains from its OpenAI investment. The full-year profit hit a Japanese record, but the company faces a cash test as it funds a $64.6 billion commitment.
Senate Banking Committee Faces Ethics Clash Over CLARITY Act Vote
The Senate Banking Committee votes Thursday on the CLARITY Act, facing ethics disputes over Trump's crypto ties and opposition from labor unions and banks.
ASX 200 Dips on Bank Weakness, Budget Jitters; Miners Rally on Copper Surge
The S&P/ASX 200 fell 0.36% on Tuesday, dragged lower by banks and tech stocks ahead of the federal budget. Miners rallied as copper hit a record high, with BHP gaining 2.5%.
Nubank's Credit Expansion Under Scrutiny as Nu Holdings Shares Slide Pre-Earnings
Nu Holdings shares dropped 3.23% to $13.80 before Nubank's Q1 earnings. Investors focus on credit quality and costs amid expansion.
XRP ETF Inflows Reach $1.325 Billion After Ripple Bank Settlement Pilot
U.S. spot XRP ETFs drew $6.04 million on May 8, lifting cumulative inflows to $1.325 billion, following a pilot connecting XRP to bank settlement networks.
Old National Bank and Indiana Fever Launch Co-Branded Cards for WNBA Season
Old National Bank and the Indiana Fever launched co-branded debit and credit cards and checks as the WNBA season began, expanding their partnership with small-business promotions.
India Stocks Give Up Early Gains; Banks Rise on Credit Guarantee
Indian shares gave up early gains Wednesday, with the Sensex slipping 177 points. Banks and airlines rose on a new credit-guarantee scheme, while FMCG and oil-and-gas stocks fell.
FTSE 100 Bounces Back as Miners, Banks, and Diageo Lead Recovery
The FTSE 100 rallied 1.6% on Wednesday, recovering from Tuesday's drop, with miners, banks, and Diageo leading gains as oil prices eased and US-Iran talks progressed.
ASX 200 Surges 1.3% as Banks and Miners Rally Following RBA Rate Hike
Australian shares jumped 1.3% to 8,793.60, their highest close since early April, driven by gains in banks and miners after the RBA rate hike.
Spirit Airlines Rescue Talks Stall as Bankruptcy Hearing Postponed
Spirit Airlines postponed its bankruptcy hearing as negotiations for a $500 million U.S. government rescue continue. Flights remain operational, but creditor opposition and surging fuel costs pose risks.
SoftBank Shares Tumble on OpenAI Growth Concerns
SoftBank Group shares plummeted nearly 10% after OpenAI missed user and revenue targets, casting doubt on the tech giant's massive AI bet.
Indian Equities Slip as Bank Stocks Weigh on Market; Nifty Tests 24,000
Indian equities fell on Tuesday, with Sensex down 359 points and Nifty testing 24,000 as bank stocks slumped after the RBI finalized expected credit-loss guidelines, overshadowing gains in energy and metal stocks.
Key Drivers Behind Gold's Price Swings: Rates, Dollar, and Central Banks
Gold's price is shaped by a complex mix of interest rates, dollar strength, central bank actions, and investor flows, with recent highs above $4,000 driven by Fed signals and geopolitical uncertainty.
XRP Dips 2.7% to $1.39 Despite Ripple-K Bank Pilot, Stablecoin Focus Caps Rally
XRP slipped 2.7% to $1.39 on Monday as Ripple's new pilot with K Bank uses stablecoins, not XRP. The broader crypto market also declined, with bitcoin near $76,960.
ASX 200 Stretches Losing Streak to Five Sessions as Energy and Bank Stocks Weigh
The S&P/ASX 200 declined for a fifth consecutive session, losing 20.1 points to 8,766.40, as energy, utility, and bank stocks dragged. Origin Energy plunged 5.25%, while Atlas Arteria jumped on a takeover offer.
Swiss National Bank Defends Palantir Stake Amid Activist Pressure
Swiss National Bank Chairman Martin Schlegel defended the central bank's $1.1 billion holding in Palantir Technologies after activists called for divestment over ICE contracts.
ASX 200 Holds Steady Near 9,000 as Bank Provisions and Refinery Woes Weigh
Australian shares saw muted gains on Monday, with the benchmark index rising marginally as strength in gold miners countered weakness in financials and energy. The market remains cautious amid rising credit provisions and geopolitical oil price pressures.
QVC Files for Chapter 11 Bankruptcy to Slash $5.3 Billion in Debt
QVC Group has initiated a prepackaged Chapter 11 bankruptcy filing to cut its debt load by over $5 billion. The company plans to maintain operations for its QVC and HSN brands throughout the restructuring process.
STI Retreats as Bank Stocks Weigh, Olam Soars on Deal Progress
The Straits Times Index declined 0.27% to 5,007.83 on Thursday, pressured by losses in major banking stocks. Olam Group jumped nearly 8% after clearing the last regulatory hurdle for its Olam Agri divestment.
Wall Street Soars to New Highs on Bank Profits and Diplomatic Optimism
U.S. stock indices reached new peaks Wednesday, powered by robust bank earnings and hopes for eased Middle East tensions. The S&P 500 closed at 7,022.95, fully recovering from its March decline.
S&P 500 Hits Record Amid Iran Talks, Bank Earnings; Dow Lags
The S&P 500 climbed to a new intraday record Wednesday, buoyed by optimism over potential U.S.-Iran talks and robust earnings from major banks. The Dow Jones Industrial Average, however, trailed the broader market, declining roughly 0.4%.
Bank of America Q1 Profit Surges 17% on Strong Trading, Investment Banking
Bank of America's first-quarter profit rose 17% to $8.6 billion, exceeding analyst forecasts. Revenue increased 7% to $30.3 billion, supported by record equities trading and a rebound in investment banking.
Wall Street Rallies on Diplomatic Hopes, Strong Bank Earnings
U.S. stocks advanced sharply Tuesday, with major indexes climbing as hopes for renewed U.S.-Iran talks and a solid start to earnings season lifted market spirits. The Dow gained over 290 points.