Bank of Marin Bancorp (BMRC)
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.
Sector: State Commercial Banks
Industry: Banks - Regional
Bank of Marin Bancorp
NASDAQ:BMRCFinancial Services · Banks - Regional
-0.84%$27.11
AH Close$27.11+0.00%vs close
AH Close$27.11+0.00%vs close
Mkt Cap$439.03M
Float15.49M
O/S16.19M
Inst Own67.7%
SI6.8%
Div Yield3.69%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$176.73M
Net Income$43.41M
Total Assets$3.9B
Free Cash Flow$37.26M
Debt & Equity
Debt 15%
Equity 85%
Total Debt$69.31M
Total Equity$394.65M
Shares Outstanding
Short Interest
Split History2 splits
- 2:1Forward splitNov 28, 20181 share → 2
- 1.5:1Forward splitMay 25, 20041 share → 1.5
Balance Sheet Details
Assets$3.9B
Liabilities$3.51B
Accounts Receivable$2.09B
Accounts Payable$0
Inventory$0
PP&E (Net)$8.06M
Goodwill$72.75M
Intangible Assets$1.92M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Revenue | $176.73M | $116.39M | $141.7M | $140.69M | $118.46M | $108.19M | $109.52M | $105.22M | $84.86M | $84.59M | $78.63M | $81.83M | $68.63M | $72.88M | $75.38M | $66.88M | $64.92M | $64.53M | $67.56M | $62.28M | $53.19M | $41.23M | $35.78M | $34.07M | $32.31M | $11.58M | $2.04M | $1.85M |
| YoY Growth | 51.8% | -17.9% | 0.7% | 18.8% | 9.5% | -1.2% | 4.1% | 24.0% | 0.3% | 7.6% | -3.9% | 19.2% | -5.8% | -3.3% | 12.7% | 3.0% | 0.6% | -4.5% | 8.5% | 17.1% | 29.0% | 15.2% | 5.0% | 5.4% | 179.2% | 467.7% | 10.2% | - |
| Cost of Revenue | $42.27M | $51.93M | $38.97M | $2.17M | $961K | $9.14M | $5.66M | $3.54M | $2.24M | $419K | $2.75M | $3.1M | $2.33M | $5.48M | $12.35M | $11.8M | $12.68M | $15.83M | $19.78M | $17.84M | $11.58M | $6.29M | $5.85M | $6.81M | $9.68M | $9.94M | $800K | $900K |
| Gross Profit | $134.46M | $64.46M | $102.73M | $138.52M | $117.5M | $99.05M | $103.86M | $101.68M | $82.62M | $84.17M | $75.88M | $78.73M | $66.3M | $67.4M | $63.04M | $55.08M | $52.24M | $48.7M | $47.77M | $44.44M | $41.61M | $34.95M | $29.93M | $27.26M | $22.63M | $1.64M | $1.24M | $951K |
| Gross Margin | 76.1% | 55.4% | 72.5% | 98.5% | 99.2% | 91.5% | 94.8% | 96.6% | 97.4% | 99.5% | 96.5% | 96.2% | 96.6% | 92.5% | 83.6% | 82.4% | 80.5% | 75.5% | 70.7% | 71.4% | 78.2% | 84.8% | 83.6% | 80.0% | 70.0% | 14.2% | 60.8% | 51.4% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $60.42M | $48.85M | $47.78M | $45.42M | $44.69M | $36.35M | $36.12M | $35.46M | $31.91M | $28.61M | $27.92M | $27.07M | $23.43M | $22.6M | $21.8M | $20.2M | $20.45M | $18.43M | $15.9M | $15.49M | $13.82M | $11.95M | $10.77M | $10.45M | $8.83M | $7.03M | $0 | $0 |
| Other | $22.43M | $29.44M | $28.92M | $29.59M | $27.92M | $22.11M | $21.85M | $22.81M | $21.87M | $19.09M | $19.03M | $20.2M | $20.66M | $16.1M | $16.48M | $13.15M | $11.24M | $10.25M | $11.77M | $10.4M | $8.68M | $7.67M | $7.05M | $6.68M | $5.51M | -$12.64M | $1.24M | $951K |
| Total Operating Expenses | $82.85M | $78.29M | $76.7M | $75.01M | $72.61M | $58.46M | $57.97M | $58.27M | $53.78M | $47.69M | $46.95M | $47.26M | $44.09M | $38.69M | $38.28M | $33.36M | $31.7M | $28.68M | $27.67M | $25.89M | $22.5M | $19.62M | $17.82M | $17.12M | $14.35M | -$5.61M | $1.24M | $951K |
| Operating Income (EBIT) | $51.62M | -$13.84M | $26.04M | $63.51M | $44.89M | $40.59M | $45.89M | $43.42M | $28.84M | $36.48M | $28.93M | $31.47M | $22.21M | $28.71M | $24.75M | $21.72M | $20.54M | $20.03M | $20.1M | $18.55M | $19.11M | $15.33M | $12.11M | $10.14M | $8.28M | $7.25M | $0 | $0 |
| Operating Margin | 29.2% | -11.9% | 18.4% | 45.1% | 37.9% | 37.5% | 41.9% | 41.3% | 34.0% | 43.1% | 36.8% | 38.5% | 32.4% | 39.4% | 32.8% | 32.5% | 31.6% | 31.0% | 29.8% | 29.8% | 35.9% | 37.2% | 33.8% | 29.8% | 25.6% | 62.6% | - | - |
| Interest Expense | $42.2M | $46.61M | $36.73M | $2.55M | $3.4M | $2.98M | $4.76M | $3.54M | $1.74M | $2.27M | $2.25M | $2.35M | $1.78M | $2.58M | $5.29M | $6.45M | $7.17M | $10.82M | $19.1M | $16.58M | $10.04M | $5.35M | $5.17M | $6.23M | $8.98M | $8.94M | $0 | $0 |
| Interest Income | $152.43M | $141.27M | $139.49M | $130.04M | $108.35M | $99.64M | $100.44M | $95.08M | $76.6M | $75.43M | $69.44M | $72.79M | $60.56M | $65.77M | $69.11M | $61.36M | $59.73M | $59.18M | $61.84M | $58.31M | $49.48M | $37.59M | $32.82M | $31.75M | $30.44M | $28.21M | $15.91M | $13.73M |
| Other Income (Expense) | $10.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $62.27M | -$13.84M | $26.04M | $63.51M | $44.89M | $40.59M | $45.89M | $43.42M | $28.84M | $36.48M | $28.93M | $31.47M | $22.21M | $28.71M | $24.75M | $21.72M | $20.54M | $20.03M | $20.1M | $18.55M | $19.11M | $15.33M | $12.11M | $10.14M | $8.28M | $7.25M | $0 | $0 |
| Income Tax Expense | $18.86M | -$5.43M | $6.14M | $16.92M | $11.66M | $10.35M | $11.65M | $10.79M | $12.86M | $13.35M | $10.49M | $11.7M | $7.94M | $10.89M | $9.19M | $8.17M | $7.78M | $7.88M | $7.78M | $6.67M | $7.37M | $5.81M | $4.64M | $3.9M | $3.13M | $2.73M | $0 | $0 |
| Net Income | $43.41M | -$8.41M | $19.89M | $46.59M | $33.23M | $30.24M | $34.24M | $32.62M | $15.98M | $23.13M | $18.44M | $19.77M | $14.27M | $17.82M | $15.56M | $13.55M | $12.77M | $12.15M | $12.32M | $11.88M | $11.74M | $9.52M | $7.47M | $6.24M | $5.15M | $4.52M | $3.65M | $3.03M |
| Net Income Margin | 24.6% | -7.2% | 14.0% | 33.1% | 28.1% | 28.0% | 31.3% | 31.0% | 18.8% | 27.3% | 23.5% | 24.2% | 20.8% | 24.4% | 20.6% | 20.3% | 19.7% | 18.8% | 18.2% | 19.1% | 22.1% | 23.1% | 20.9% | 18.3% | 15.9% | 39.1% | 179.0% | 163.6% |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | 2.74 | -0.52 | 1.24 | 2.93 | 2.32 | 2.24 | 2.51 | 2.35 | 1.29 | 1.91 | 1.55 | 1.68 | 1.31 | 1.67 | 1.47 | 1.30 | 1.11 | 1.17 | 1.19 | 1.11 | 1.09 | 0.90 | 0.77 | 0.62 | 0.54 | 0.46 | 0.38 | 0.32 |
| Diluted EPS | 2.73 | -0.52 | 1.24 | 2.92 | 2.30 | 2.22 | 2.48 | 2.33 | 1.27 | 1.89 | 1.52 | 1.65 | 1.29 | 1.64 | 1.45 | 1.27 | 1.10 | 1.16 | 1.16 | 1.06 | 1.01 | 0.84 | 0.72 | 0.59 | 0.30 | 0.45 | 0.37 | 0.32 |
| Weighted Average OS | 15.90M | 16.04M | 16.01M | 15.92M | 14.34M | 13.53M | 13.62M | 13.86M | 12.39M | 12.15M | 11.93M | 11.79M | 10.91M | 10.68M | 10.60M | 10.48M | 10.36M | 10.27M | 10.37M | 10.77M | 10.81M | 10.55M | 9.69M | 9.99M | 17.24M | 9.73M | 9.73M | 9.45M |
| EBITDA | $53.76M | -$11.39M | $29.48M | $66.84M | $47.76M | $43.59M | $49.01M | $46.48M | $31.31M | $38.84M | $31.52M | $33.83M | $23.67M | $30.06M | $26.77M | $23.07M | $21.91M | $21.37M | $21.5M | $20.03M | $20.78M | $17.84M | $14.21M | $11.02M | $8.99M | $7.86M | $0 | $0 |
| EBITDA Margin | 30.4% | -9.8% | 20.8% | 47.5% | 40.3% | 40.3% | 44.7% | 44.2% | 36.9% | 45.9% | 40.1% | 41.3% | 34.5% | 41.3% | 35.5% | 34.5% | 33.8% | 33.1% | 31.8% | 32.2% | 39.1% | 43.3% | 39.7% | 32.3% | 27.8% | 67.9% | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $225.3M | $137.3M | $30.45M | $45.42M | $347.64M | $200.32M | $183.39M | $34.22M | $203.54M | $48.8M | $26.34M | $41.37M | $103.77M | $28.35M | $129.74M | $85.23M | $38.66M | $24.93M | $28.77M | $37.28M | $21.06M | $29.5M | $36.03M | $29.17M | $24.02M | $23.62M | $0 | $0 |
| Short-Term Investments | $21.88M | $135.73M | $100K | $1.24M | $1.17B | $392.35M | $432.26M | $468.66M | $332.47M | $372.58M | $417.79M | $200.85M | $244M | $153.96M | $135.1M | $0 | $15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $247.19M | $273.04M | $30.55M | $46.66M | $1.52B | $592.67M | $615.65M | $502.88M | $536.01M | $421.38M | $444.13M | $242.22M | $347.77M | $182.31M | $264.85M | $85.23M | $53.66M | $24.93M | $28.77M | $37.28M | $21.06M | $29.5M | $36.03M | $29.17M | $24.02M | $23.62M | $0 | $0 |
| Accounts Receivable | $2.09B | $0 | $0 | $79.83M | $51.36M | $36.48M | $75.71M | $75.87M | $72.62M | $68.96M | $62.28M | $60.2M | $59.78M | $43.35M | $42.66M | $38.84M | $39.63M | $32.23M | $32.34M | $28.22M | $24.93M | $20.85M | $17.02M | $6.55M | $6.08M | $5.52M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$21.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $2.32B | $273.04M | $30.55M | $126.49M | $1.57B | $629.4M | $691.36M | $578.75M | $610.78M | $490.35M | $506.41M | $302.41M | $407.55M | $225.66M | $307.51M | $124.07M | $93.28M | $57.16M | $61.11M | $65.5M | $46M | $50.35M | $53.05M | $35.72M | $30.1M | $29.14M | $0 | $0 |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $8.06M | $25.86M | $28.11M | $32.95M | $31.16M | $30.53M | $17.07M | $7.38M | $8.61M | $8.52M | $9.3M | $9.86M | $9.11M | $9.34M | $9.5M | $8.42M | $8.04M | $8.29M | $7.82M | $8.45M | $5.03M | $3.91M | $4.51M | $4.55M | $4.11M | $2.43M | $0 | $0 |
| Goodwill | $72.75M | $72.75M | $72.75M | $72.75M | $72.75M | $30.14M | $30.14M | $30.14M | $30.14M | $6.44M | $6.44M | $6.44M | $6.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $1.92M | $2.79M | $3.77M | $5.12M | $6.61M | $3.83M | $4.68M | $5.57M | $6.49M | $2.58M | $3.11M | $3.73M | $4.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $3.4B | $3.18B | $3.53B | $3.84B | $2.57B | $2.17B | $1.96B | $1.9B | $1.81B | $1.52B | $1.51B | $1.46B | $1.38B | $1.2B | $1.08B | $1.08B | $1.02B | $984.1M | $817.47M | $801.13M | $788.22M | $682.83M | $568.15M | $469.26M | $404.19M | $347.53M | $0 | $0 |
| Deferred Tax Assets | $0 | $39.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | -$1.98B | $103.78M | $143.05M | $67.52M | $62.27M | $43.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $47.5M | $1.5M | $1.2M | $0 | $16.9M | $29.5M | $17.3M | $0 | $0 | $0 |
| Total Long-Term Assets | $1.5B | $3.43B | $3.77B | $4.02B | $2.75B | $2.28B | $2.01B | $1.94B | $1.86B | $1.53B | $1.52B | $1.48B | $1.4B | $1.21B | $1.09B | $1.08B | $1.03B | $992.4M | $872.79M | $811.07M | $794.45M | $686.74M | $589.56M | $503.31M | $425.6M | $349.96M | $0 | $0 |
| Other Assets | $84.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $346.68M | $292.86M |
| Total Assets | $3.9B | $3.7B | $3.8B | $4.15B | $4.31B | $2.91B | $2.71B | $2.52B | $2.47B | $2.02B | $2.03B | $1.79B | $1.81B | $1.43B | $1.39B | $1.21B | $1.12B | $1.05B | $933.9M | $876.58M | $840.45M | $737.09M | $642.61M | $539.02M | $455.42M | $379.1M | $346.68M | $292.86M |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $22.95M | $29.44M | $19.53M | $18.47M | $20M | $16.72M | $14.64M | $16.04M | $15.3M | $17.24M | $14.67M | $14.74M | $10.49M | $8.56M | $9.92M | $6.49M | $5.96M | $5.06M | $3.61M | $2.91M | $5.88M | $3.29M | $0 | $0 | $0 |
| Short-Term Debt | $4.89M | $0 | $26M | $112M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $55M | $56.8M | $0 | $39.4M | $31M | $17.8M | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $129.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $5.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $3.22B | $3.29B | $3.57B | $3.81B | $2.5B | $2.34B | $2.17B | $2.15B | $1.77B | $1.73B | $1.55B | $1.59B | $1.25B | $1.2B | $1.02B | $944.06M | $852.29M | $834.64M | $736.7M | $721.17M | $645.08M | $584.12M | $486.03M | $411.82M | $341.71M | $0 | $0 |
| Total Current Liabilities | $4.89M | $3.22B | $3.32B | $3.71B | $3.84B | $2.52B | $2.35B | $2.19B | $2.17B | $1.79B | $1.74B | $1.57B | $1.6B | $1.27B | $1.22B | $1.03B | $1.01B | $919.01M | $841.13M | $782.05M | $757.23M | $666.49M | $587.03M | $491.91M | $415.11M | $341.71M | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $43.86M | $0 | $26M | $112M | $0 | $2.78M | $2.92M | $9.64M | $5.74M | $5.59M | $72.39M | $20.18M | $19.97M | $15M | $40M | $60M | $60M | $5M | $5M | $5M | $5M | $5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $3.44B | $24.25M | -$438K | -$112M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.03M | $0 | $0 |
| Total Long-Term Liabilities | $3.51B | $45.76M | $48.47M | $26.64M | $25.43M | $29.84M | $15.54M | $9.64M | $5.74M | $5.59M | $72.39M | $20.18M | $19.97M | $15M | $40M | $60M | $5M | $5M | $5M | $5M | $5M | $5M | $0 | $0 | $0 | $3.03M | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $317.99M | $268.83M |
| Total Liabilities | $3.51B | $3.27B | $3.36B | $3.74B | $3.86B | $2.55B | $2.37B | $2.2B | $2.17B | $1.79B | $1.82B | $1.59B | $1.62B | $1.28B | $1.26B | $1.09B | $1.01B | $924.01M | $846.13M | $787.05M | $762.23M | $671.49M | $587.03M | $491.91M | $414.82M | $344.74M | $317.99M | $268.83M |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $214.91M | $215.51M | $217.5M | $215.06M | $212.52M | $125.91M | $129.06M | $140.56M | $143.97M | $87.39M | $84.73M | $82.44M | $80.09M | $58.57M | $56.85M | $0 | $0 | $0 | $0 | $0 | $50.96M | $40.21M | $37.37M | $31.97M | $28M | $24.93M | $0 | $0 |
| Retained Earnings | $198.16M | $249.96M | $274.57M | $270.78M | $239.87M | $219.75M | $203.23M | $179.94M | $155.54M | $146.46M | $129.55M | $116.5M | $101.46M | $91.16M | $77.1M | $64.99M | $54.64M | $46.14M | $36.98M | $28.76M | $28.03M | $25.64M | $17.95M | $14.66M | $11.84M | $9.24M | $0 | $0 |
| Comprehensive Income & Other | -$18.42M | -$30.07M | -$53.01M | -$73.75M | -$2.02M | $12.6M | $4.5M | -$4.1M | -$2.49M | -$3.29M | $193K | $1.09M | -$672K | $2.06M | -$55.26M | $1.55M | $618K | $388K | -$268K | -$590K | -$766K | -$240K | $254K | $486K | $760K | $336K | $0 | $0 |
| Other Stockholders' Equity | -$18.42M | -$30.07M | -$53.01M | -$73.75M | -$2.02M | $12.6M | $4.5M | -$4.1M | -$2.49M | -$3.29M | $193K | $1.09M | -$672K | $2.06M | $1.6M | $56.93M | $54.41M | $79.41M | $50.79M | $60.77M | -$766K | -$240K | $255K | $486K | $760K | $188K | $28.69M | $24.03M |
| Total Equity | $394.65M | $435.41M | $439.06M | $412.09M | $450.37M | $358.25M | $336.79M | $316.41M | $297.02M | $230.56M | $214.47M | $200.03M | $180.89M | $151.79M | $135.55M | $121.92M | $109.05M | $125.55M | $87.77M | $89.53M | $78.22M | $65.61M | $55.58M | $47.12M | $40.6M | $34.35M | $28.69M | $24.03M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.9B | $3.7B | $3.8B | $4.15B | $4.31B | $2.91B | $2.71B | $2.52B | $2.47B | $2.02B | $2.03B | $1.79B | $1.81B | $1.43B | $1.39B | $1.21B | $1.12B | $1.05B | $933.9M | $876.58M | $840.45M | $737.09M | $642.61M | $539.02M | $455.42M | $379.1M | $346.68M | $292.86M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $69.31M | $21.66M | $75.2M | $251.08M | $25.85M | $29.9M | $15.54M | $9.64M | $5.74M | $5.59M | $72.39M | $20.18M | $19.97M | $15M | $40M | $60M | $115M | $61.8M | $5M | $44.4M | $36M | $22.8M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$155.99M | -$115.64M | $44.75M | $205.65M | -$321.79M | -$170.42M | -$167.85M | -$24.58M | -$197.81M | -$43.22M | $46.05M | -$21.18M | -$83.8M | -$13.35M | -$89.74M | -$25.23M | $76.34M | $36.87M | -$23.77M | $7.12M | $14.94M | -$6.7M | -$36.03M | -$29.17M | -$24.02M | -$23.62M | $0 | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | $43.41M | -$8.41M | $19.89M | $46.59M | $33.23M | $30.24M | $34.24M | $32.62M | $15.98M | $23.13M | $18.44M | $19.77M | $14.27M | $17.82M | $15.56M | $13.55M | $12.77M | $12.15M | $12.32M | $11.88M | $11.74M | $9.52M | $7.47M | $6.24M | $5.15M | $4.52M |
| Depreciation & Amortization | $2.14M | $2.44M | $3.45M | $3.33M | $2.88M | $3M | $3.12M | $3.06M | $2.47M | $2.35M | $2.59M | $2.36M | $1.46M | $1.35M | $2.02M | $1.34M | $1.37M | $1.34M | $1.4M | $1.49M | $1.67M | $2.52M | $2.1M | $882K | $710K | $615K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $469K | $1.78M | $1.84M | $2.2M | $2.3M | $2.49M | $2.76M | $2.84M | $2.62M | $1.17M | $910K | $716K | $618K | $617K | $577K | $550K | $613K | $681K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | -$17.18M | -$6.7M | -$4.15M | $2.23M | $5.55M | -$5.13M | -$329K | $1.15M | -$278K | $581K | $347K | -$143K | -$694K | -$435K | -$431K | $131K | -$257K | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$748K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $588K | $172K | $2.38M | -$4.71M | $2.28M | -$547K | $70K | $902K | $1.03M | -$324K | $1.14M | -$40K | $28K | -$156K | -$33K | $97K | $57K | $123K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $114K |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$12K | -$254K | -$4K | -$2.45M | $5.6M | $412K | $2.56M | $2.1M | -$6.27M | $2.6M | -$1.98M | -$611K | -$1.58M | -$2.81M | -$2.88M | $2.12M | -$522K | $293K |
| Total Working Capital Change | -$16.59M | -$6.52M | -$1.77M | -$2.48M | $7.83M | -$5.68M | -$259K | $2.05M | $745K | $3K | $1.49M | -$2.64M | $4.93M | -$179K | $2.09M | $2.33M | -$6.47M | $2.72M | -$1.98M | -$611K | -$1.58M | -$2.81M | -$2.88M | $2.12M | -$522K | -$341K |
| Other Non-Cash Items | $9.65M | $39.08M | $12.25M | $5.65M | -$982K | $10.79M | $1.08M | $1.53M | $5.14M | -$1.21M | $259K | -$1.35M | -$81K | $1.2M | $2.13M | $5.65M | $5.72M | $4.61M | -$187K | $942K | $1.95M | $1.28M | $685K | $577K | $700K | $1M |
| Net Cash from Operating | $39.08M | $28.36M | $35.66M | $55.28M | $45.25M | $40.84M | $40.93M | $42.11M | $26.95M | $25.45M | $23.68M | $18.86M | $21.2M | $20.81M | $22.38M | $23.43M | $14M | $21.5M | $11.55M | $13.7M | $13.77M | $10.51M | $7.38M | $9.82M | $6.04M | $5.8M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -$1.82M | -$520K | -$1.75M | -$2.27M | -$1.04M | -$981K | -$542K | -$907K | -$1.43M | -$1.04M | -$1.42M | -$2.33M | -$958K | -$1.22M | -$2.47M | -$1.72M | -$1.12M | -$1.82M | -$621K | -$3.85M | -$1.97M | -$352K | -$950K | -$1.32M | -$2.4M | -$251K |
| Acquisitions | $0 | $0 | $0 | $0 | $140.58M | $0 | $0 | $0 | $59.78M | $0 | $0 | $0 | $15.79M | $0 | $44.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$1.07B | -$163.77M | -$42K | -$563.43M | -$925.96M | -$98.9M | -$115.44M | -$238.28M | -$124.06M | -$164.1M | -$290.24M | -$18.7M | -$86.43M | -$160.69M | -$119.49M | -$55.98M | -$66.52M | -$65.52M | -$137.82M | -$11.56M | -$34.84M | -$43.91M | -$101.76M | -$17.13M | -$20.16M | -$31.8M |
| Sales of Investments | $935.28M | $370.38M | $315.09M | $187.94M | $188.37M | $176.89M | $175.13M | $98.48M | $130.3M | $225.39M | $115.13M | $67.75M | $59.32M | $60.54M | $70.01M | $37.95M | $41.87M | $61.3M | $127.43M | $30.67M | $36.42M | $52.23M | $41.55M | $35.35M | $25.05M | $22.54M |
| Other Investing Activities | -$36.69M | -$10.91M | $21.39M | $159.66M | $257.39M | -$250.45M | -$79.91M | -$84.6M | -$56.77M | -$35.93M | -$86.76M | -$89.36M | -$24.66M | -$43.49M | -$27.02M | -$26.59M | -$34.16M | -$165.46M | -$7.63M | -$34.62M | -$110.94M | -$126.36M | -$50.99M | -$83.91M | -$61.3M | -$46.98M |
| Net Cash from Investing | -$171.99M | $195.17M | $334.69M | -$218.1M | -$340.67M | -$173.44M | -$20.75M | -$225.3M | $7.81M | $24.32M | -$263.28M | -$42.65M | -$36.95M | -$144.87M | -$34.94M | -$46.34M | -$59.88M | -$171.5M | -$18.65M | -$19.36M | -$111.32M | -$118.39M | -$112.14M | -$67.01M | -$58.8M | -$56.5M |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | $126K | $152K | $148K | $131K | $4.21M | $172K | $7.17M | -$2.86M | - | $67M | -$52M | - | - | $25M | $33.5M | - | - | -$56.8M | $39.4M | -$8.4M | - | -$5M | - | - | - | -$25.84M |
| Common Stock Issuance | $35K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33K | $17K | $24K | $32K | $0 | $0 | $2.03M | $2.53M | $0 | $0 | $0 | $629K |
| Common Stock Repurchases | -$3.29M | -$4.32M | -$70K | -$1.29M | -$40.93M | -$6.9M | -$15.06M | -$6.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.53M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$16.13M | -$16.2M | -$16.11M | -$15.67M | -$13.11M | -$12.51M | -$10.96M | -$8.86M | -$6.9M | -$6.22M | -$5.39M | -$4.73M | -$3.97M | -$3.75M | -$3.46M | -$3.21M | -$2.96M | -$2.88M | -$2.65M | -$2.45M | -$1.01M | -$1.82M | $0 | $0 | $0 | $0 |
| Other Financing Activities | $195.42M | -$70.02M | -$283M | -$234.3M | $514.87M | $169.11M | $162.18M | $26.74M | $126.88M | $45.92M | $177.96M | -$33.88M | $95.14M | $51.42M | $93.99M | $72.67M | $91M | $20.2M | $98.48M | $15.5M | $76.09M | $60.95M | $98.07M | $74.21M | $70.11M | $0 |
| Net Cash from Financing | $220.91M | -$116.69M | -$385.32M | -$139.4M | $442.73M | $149.53M | $128.99M | $13.87M | $119.98M | -$27.3M | $224.57M | -$38.61M | $91.17M | $22.66M | $57.07M | $69.49M | $59.61M | $98.66M | $44.58M | $22.18M | $90.32M | $84.46M | $99.02M | $74.53M | $70.47M | $26.47M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $88M | $106.85M | -$14.97M | -$302.22M | $147.32M | $16.93M | $149.17M | -$169.32M | $154.74M | $22.46M | -$15.02M | -$62.41M | $75.42M | -$101.39M | $44.51M | $46.57M | $13.73M | -$51.34M | $37.48M | $16.52M | -$7.24M | -$23.43M | -$5.74M | $17.35M | $17.71M | -$24.23M |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | $39.08M | $28.36M | $35.66M | $55.28M | $45.25M | $40.84M | $40.93M | $42.11M | $26.95M | $25.45M | $23.68M | $18.86M | $21.2M | $20.81M | $22.38M | $23.43M | $14M | $21.5M | $11.55M | $13.7M | $13.77M | $10.51M | $7.38M | $9.82M | $6.04M | $5.8M |
| Capital Expenditure | -$1.82M | -$520K | -$1.75M | -$2.27M | -$1.04M | -$981K | -$542K | -$907K | -$1.43M | -$1.04M | -$1.42M | -$2.33M | -$958K | -$1.22M | -$2.47M | -$1.72M | -$1.12M | -$1.82M | -$621K | -$3.85M | -$1.97M | -$352K | -$950K | -$1.32M | -$2.4M | -$251K |
| Free Cash Flow | $37.26M | $27.84M | $33.91M | $53.01M | $44.21M | $39.86M | $40.39M | $41.2M | $25.51M | $24.41M | $22.26M | $16.52M | $20.24M | $19.59M | $19.91M | $21.71M | $12.88M | $19.68M | $10.93M | $9.84M | $11.8M | $10.15M | $6.43M | $8.5M | $3.64M | $5.55M |
| Cash at Beginning | $137.3M | $30.45M | $45.42M | $347.64M | $200.32M | $183.39M | $34.22M | $203.54M | $48.8M | $26.34M | $41.37M | $103.77M | $28.35M | $129.74M | $85.23M | $38.66M | $24.93M | $76.27M | $38.78M | $22.26M | $29.5M | $52.93M | $58.67M | $41.32M | $23.62M | $47.85M |
| Cash at End | $225.3M | $137.3M | $30.45M | $45.42M | $347.64M | $200.32M | $183.39M | $34.22M | $203.54M | $48.8M | $26.34M | $41.37M | $103.77M | $28.35M | $129.74M | $85.23M | $38.66M | $24.93M | $76.27M | $38.78M | $22.26M | $29.5M | $52.93M | $58.67M | $41.32M | $23.62M |