NOVATO, Calif. (AP) _ Bank of Marin Bancorp (BMRC) on Monday reported fourth-quarter earnings of $8.1 million.

The Novato, California-based bank said it had earnings of 60 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share.

The bank holding company posted revenue of $25.9 million in the period. Its revenue net of interest expense was $25.4 million, which fell short of Street forecasts.

For the year, the company reported profit of $30.2 million, or $2.22 per share. Revenue was reported as $105.2 million.

Bank of Marin shares have risen 16% since the beginning of the year. The stock has decreased almost 10% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BMRC at https://www.zacks.com/ap/BMRC

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