Is Bank of Marin Bancorp overvalued or undervalued?

As of 17 October 2025, the valuation grade for Bank of Marin Bancorp has moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a Price to Book Value of 0.82, an EV to Capital Employed of 0.54, and an EV to Sales of 0.62. In comparison to peers, Five Star Bancorp has a P/E ratio of 13.58, while Mid Penn Bancorp, Inc. shows a P/E of 12.76, indicating that Bank of Marin Bancorp's valuation is more favorable relative to these competitors.
While specific return data is not available, the recent price movement suggests stability, reinforcing the notion that the stock is fairly valued in the current market context.