Bank of Marin Bancorp
Bank of Marin Bancorp (NASDAQ: BMRC) is trading at $27.47, about ₹2,639 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 1.58% today. Indian residents can buy Bank of Marin Bancorp from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$27.43
Today's high
$27.91
52 week low
$22.50
52 week high
$30.92
BMRC opened at $27.91, closed previously at $27.91, and has traded between $22.50 and $30.92 over the past 52 weeks.
About
Bank of Marin Bancorp functions as the parent organization for Bank of Marin, a financial institution delivering diverse services. It caters principally to small and mid-sized enterprises, independent professionals, non-profit groups, and private clientele across California. Deposit offerings include both personal and business checking and savings accounts, individual retirement accounts (IRAs), health savings accounts (HSAs), and specialized demand deposit marketplace accounts. Clients can also opt for time certificates of deposit (CDs), Certificate of Deposit Account Registry Service (CDARS), and Insured Cash Sweep (ICS) services. Its lending portfolio spans commercial real estate, commercial and industrial financing, and consumer loans, along with construction funding and home equity lines of credit. Beyond traditional banking, the bank provides business-focused solutions such as merchant and payroll services, comprehensive cash management, credit cards, and robust fraud detection tools. Digital conveniences include mobile and remote deposit capture, Automated Clearing House (ACH) transfers, wire services, and image lockbox functionality. Furthermore, the institution offers extensive wealth management and trust services, encompassing personalized investment portfolio management, financial planning, trust administration, estate settlement, custody services, and 401(k) plan administration. Customers also benefit from accessible ATMs and modern telephone and digital banking platforms. The bank maintains a physical network of twelve branch locations situated throughout Marin, southern Sonoma counties, and regions north of San Francisco, California, complemented by a dedicated loan production office within San Francisco. Founded in 1989, its corporate headquarters are based in Novato, California.
Key statistics
Avg. volume
151.29K
Market cap
$444.73M
P/E Ratio
6.75
Price-to-sales ratio
2.21
Enterprise value
$188.59M
Free cash flow yield
8.54%
Debt-to-equity ratio
0.06
Return on equity
15.91%
ROIC
3.52%
Beta
0.76
Dividend yield
3.64%
Last dividend
$1.00
Financial overview
Revenue
$176.73M
Earnings per share
$2.74
Free cash flow
$37.26M
Net profit margin
32.28%
Gross margin
83.06%
EBITDA
$53.75M
Revenue growth
51.85%
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This is not an investment recommendation
How to buy Bank of Marin Bancorp from India
Indian residents can buy Bank of Marin Bancorp shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Bank of Marin Bancorp and place an order
Find Bank of Marin Bancorp by name or by its ticker, BMRC, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Bank of Marin Bancorp trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Bank of Marin Bancorp position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Bank of Marin Bancorp from India
Trading and taxes when buying Bank of Marin Bancorp from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Bank of Marin Bancorp’s current yield is 3.64%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Bank of Marin Bancorp stock?
Yes. Bank of Marin Bancorp (BMRC) has been listed on NASDAQ since 1999, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Bank of Marin Bancorp share cost in rupees?
One Bank of Marin Bancorp share is $27.47 — about ₹2,639 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Bank of Marin Bancorp price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Bank of Marin Bancorp from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Bank of Marin Bancorp?
Yes. One Bank of Marin Bancorp share is $27.47, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Bank of Marin Bancorp.
How are gains on Bank of Marin Bancorp shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Bank of Marin Bancorp price. Paasa issues a capital-gains statement for your return.
Does Bank of Marin Bancorp pay a dividend, and how is it taxed in India?
Yes. Bank of Marin Bancorp pays a dividend and the current yield is 3.64%; the last declared dividend was $1.00 per share, about ₹96.07. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Bank of Marin Bancorp from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Bank of Marin Bancorp shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Bank of Marin Bancorp shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Bank of Marin Bancorp holding, its cost and its closing value.
How do I sell Bank of Marin Bancorp and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.