Bank of Marin to Ring NASDAQ Closing Bell on July 30
Celebrates Strong Results and 15 Years on Exchange
NOVATO, CA – (July 24 2015) – Bank of Marin Bancorp (NASDAQ: BMRC), parent company of Bank of Marin (collectively, the “Company”), will ring The NASDAQ Stock Market Closing Bell on July 30. The Company is celebrating 15 years on the Exchange and 25 years in business with a track record of growth and expansion, having announced strong year-to-date earnings as of
“We are honored to be invited to ring the closing bell at NASDAQ,” said Russell A. Colombo, President and Chief Executive Officer at Bank of Marin. “This year, we are excited to highlight two of our longstanding employees who will ring the bell at the event, Beth Reizman, Executive Vice President, Chief Credit Officer, and Peter Pelham, Executive Vice President of Retail Banking. Our employees, customers and shareholders all play a big part in making us the successful community and business bank that we are today.”
Bank of Marin opened its doors in 1990 with two branch offices in Marin, and has since grown to 20 branches across Marin, San Francisco, Sonoma, Napa and Alameda Counties. The Company has been traded on the NASDAQ exchange since December 23, 1999. At that time, the Company started with 2,260,339 shares outstanding which has grown to 5,983,551 at June 30, 2015. The stock price has also increased significantly in recent years from $10.07 at March 24, 2000 (adjusted for stock splits and dividends), to a high of $53.63 at December 17, 2014.
Bank of Marin has consistently been recognized for its strong financial performance with numerous awards, including being recognized as a Top 200 Community Bank by US Banker Magazine for the past five years.