Bank of Marin sells $293M in AFS securities in effort to improve future profit (BMRC)
2024-06-26
ilbusca Bank of Marin, part of Bank of Marin Bancorp (NASDAQ:BMRC), offloaded $293M in available-for-sale (AFS) securities as part of a strategy to reposition its balance sheet to drive earnings growth and increase return on equity, it said on Wednesday. “We have already redeployed some of the proceeds and expectContinue Reading