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Bank of Marin Bancorp Announces Cash Dividend.


NOVATO, Calif. -- Bank of Marin Bancorp (Nasdaq:BMRC) President and CEO Russell A. Colombo announced that at its regularly scheduled meeting of Friday, April 18, 2008, the Board of Directors of Bank of Marin Bancorp declared a cash dividend of $0.14 per share, payable on May 12, 2008 to shareholders of record at the close of business on May 1, 2008.

"We are pleased to continue our cash dividend for the twelfth consecutive quarter, providing a solid return on investment to our shareholders," said Russell Colombo.

This release may contain certain forward-looking statements that are based on management's current expectations regarding economic, legislative, and regulatory issues that may impact the Bank's earnings in future periods. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "intend," "estimate" or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could" or "may." Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, real estate values, and competition; changes in accounting principles, policies or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory and technological factors affecting the Bank's operations, pricing, products and services. These and other important factors are detailed in various Federal Deposit Insurance Corporation filings made periodically by the Bank, copies of which are available from the Bank without charge. The Bank undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

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Publication:Business Wire
Date:Apr 22, 2008
Words:294
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