BCML

Bay Commercial Bank (BCML) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +21.95%. A quarter ago, it was expected that this company would post earnings of $0.65 per share when it actually produced earnings of $0.63, delivering a surprise of -3.08%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Bay Commercial Bank, which belongs to the Zacks Banks - West industry, posted revenues of $26.74 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.65%. This compares to year-ago revenues of $24.32 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Bay Commercial Bank shares have lost about 2.1% since the beginning of the year versus the S&P 500's gain of 4.3%. While Bay Commercial Bank has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Bay Commercial Bank was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's...

WALNUT CREEK, Calif., April 23, 2026--(BUSINESS WIRE)--BayCom Corp ("BayCom" or the "Company") (NASDAQ: BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $8.2 million, or $0.75 per diluted common share, for the first quarter of 2026, compared to earnings of $6.9 million, or $0.63 per diluted common share, for the fourth quarter of 2025 and $5.7 million, or $0.51 per diluted common share, for the first quarter of 2025. Net income for the first quarter of 2026 increased $1.3 million, or 19.3%, compared to the fourth quarter of 2025. This increase was primarily the result of a $920,000 favorable change in the provision for credit losses, reflecting a net recovery of $670,000 in the current quarter compared to a $250,000 provision in the prior quarter, as well as a $660,000 increase in noninterest income and a $191,000 increase in net interest income. These changes were partially offset by a $340,000 increase in noninterest expense, primarily due to higher salaries and employee benefits, and a $109,000 increase in the provision for income taxes. Compared to the first quarter of 2025, net income increased $2.5 million, or 43.5%, primarily as a result of a $2.3 million increase in net interest income and a $1.3 million favorable change in the provision for credit losses, reflecting a net recovery in the current quarter compared to a $642,000 provision in the prior-year quarter, as well as a $105,000 increase in noninterest income. These changes were partially offset by a $517,000 increase in noninterest expense and a $738,000 increase in the provision for income taxes. William Black, Executive Vice Chairman, commented, "I am excited to join BayCom and United Business Bank alongside my colleagues Chris Baron, the Company’s new President & Chief Executive Officer, and Kevin Thompson, the Company’s new Chief Financial Officer. I want to thank the departing executives, who worked tirelessly over the past 22 years to create a well-respected institution with a strong foundation for future growth – a clean balance sheet, a strong deposit franchise, and a disciplined credit culture." Christopher Baron, President and Chief Executive Officer, commented, "I am excited to be working with the United Business Bank team, and I am grateful for the warm welcome and their continued commitment to the Bank’s clients and communities. Our...

Cathay General (CATY) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +8.40%. A quarter ago, it was expected that this holding company for Cathay Bank would post earnings of $1.2 per share when it actually produced earnings of $1.33, delivering a surprise of +10.83%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Cathay, which belongs to the Zacks Banks - West industry, posted revenues of $214.83 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.43%. This compares to year-ago revenues of $187.84 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Cathay shares have added about 10.7% since the beginning of the year versus the S&P 500's gain of 3.2%. While Cathay has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Cathay was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks he...

Bay Commercial Bank (BCML) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.33%. A quarter ago, it was expected that this company would post earnings of $0.52 per share when it actually produced earnings of $0.46, delivering a surprise of -11.54%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Bay Commercial Bank, which belongs to the Zacks Banks - West industry, posted revenues of $25.89 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 1.56%. This compares to year-ago revenues of $23.66 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Bay Commercial Bank shares have added about 1.5% since the beginning of the year versus the S&P 500's gain of 0.4%. While Bay Commercial Bank has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Bay Commercial Bank was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's...

WALNUT CREEK, Calif., January 22, 2026--(BUSINESS WIRE)--BayCom Corp ("BayCom" or the "Company") (NASDAQ: BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $6.9 million, or $0.63 per diluted common share, for the fourth quarter of 2025, compared to earnings of $5.0 million, or $0.46 per diluted common share, for the third quarter of 2025 and $6.1 million, or $0.55 per diluted common share, for the fourth quarter of 2024. Net income for the fourth quarter of 2025 increased $1.9 million, or 37.0%, compared to the third quarter of 2025. This increase was primarily the result of a $2.7 million decrease in provision for credit losses and a $1.6 million increase in net interest income, partially offset by a $1.4 million decrease in noninterest income, primarily due to changes in equity securities valuations, an $885,000 increase in provision for income taxes, and a $220,000 increase in noninterest expense. Compared to the fourth quarter of 2024, net income increased $738,000, or 12.1%, primarily as a result of a $1.4 million increase in net interest income and a $798,000 increase in noninterest income, partially offset by a $653,000 increase in provision for credit losses, reflecting a provision in the current quarter compared to a reversal in the prior-year quarter, a $648,000 increase in provision for income taxes, and a $190,000 increase in noninterest expense. Net income for the year ended December 31, 2025 increased $317,000, or 1.3%, compared to the year ended December 31, 2024, primarily as a result of a $3.3 million increase in net interest income and a $278,000 decrease in noninterest expense, partially offset by a $2.8 million increase in provision for credit losses, a $291,000 decrease in noninterest income and a $180,000 increase in provision for income taxes. George Guarini, President and Chief Executive Officer, commented, "Our financial results for the fourth quarter and full year 2025 reflect a continuing trend of growth in core lending activity and improvement in net interest income, supported by disciplined balance sheet management. Net interest income increased both quarter over quarter and year over year, while full-year noninterest expense declined, reflecting our ongoing focus on operating efficiency. We also took steps in 2025 to strengthen our balance sheet by repaying our subordinated debt and...

WALNUT CREEK, Calif., November 20, 2025--(BUSINESS WIRE)--BayCom Corp (NASDAQ: BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share on the Company's common stock, which represents a 20% increase (from $0.25 per share) in the Company’s quarterly dividend. The dividend is payable on January 9, 2026 to shareholders of record as of the close of business on December 11, 2025. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and their affiliates in California, Nevada, Washington, New Mexico and Colorado. The Bank is an Equal Housing Lender and a member of FDIC. The Company’s common stock is traded on the NASDAQ under the symbol "BCML". For more information, go to www.unitedbusinessbank.com. Forward-Looking Statements Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to the Company's financial condition, results of operations, plans, objectives, future performance or business, including information regarding the ability of BayCom to pay dividends in the future. You should not place undue reliance on these statements, as they are subject to risks and uncertainties, and actual results and performance in future periods may be materially different from any future results or performance suggested by the forward-looking statements in this release. Factors that might cause such differences include, but are not limited to, the Company’s financial condition and results of operations, general economic conditions, as well as those within the Company’s industry, and numerous other factors identified in BayCom's Annual Report on Form 10-K for the year ended December 31, 2024, subsequent Quarterly Reports on Form 10-Q and other documents filed with or furnished to the Securities and Exchange Commission. Such forward-looking statements speak only as of the date of this release. The Company expressly disclaims any obligation to update or revise any forward-looking statements made herein to reflect any changes in the Company's expectations of resul...

WALNUT CREEK, Calif., October 23, 2025--(BUSINESS WIRE)--BayCom Corp ("BayCom" or the "Company") (NASDAQ: BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $5.0 million, or $0.46 per diluted common share, for the third quarter of 2025, compared to earnings of $6.4 million, or $0.58 per diluted common share, for the second quarter of 2025 and $6.0 million, or $0.54 per diluted common share, for the third quarter of 2024. Net income for the third quarter of 2025 decreased $1.4 million, or 21.3%, compared to the second quarter of 2025. This decrease was primarily the result of a $2.8 million increase in provision for credit losses and a $192,000 increase in noninterest expense, partially offset by a $249,000 increase in net interest income, a $736,000 increase in noninterest income, and a $621,000 decrease in provision for income taxes. Compared to the third quarter of 2024, net income decreased $1.0 million, or 16.8%, primarily as a result of a $1.7 million increase in provision for credit losses and a $496,000 decrease in noninterest income, partially offset by a $543,000 increase in net interest income, a $128,000 decrease in noninterest expense, and a $543,000 decrease in provision for income taxes. Net income for the nine months ended September 30, 2025 decreased $421,000, or 2.4%, compared to the same period in 2024 primarily as a result of a $2.2 million increase in provision for credit losses and a $1.1 million decrease in noninterest income, partially offset by a $1.9 million increase in net interest income, a $468,000 decrease in noninterest expense, and a $468,000 decrease in provision for income taxes. George Guarini, President and Chief Executive Officer, commented, "During the third quarter of 2025, we continued to demonstrate solid growth, supported by strong lending and deposit activity. We also took proactive steps to strengthen our balance sheet by repaying our subordinated debt and increasing our loan loss reserves. These actions resulted in certain one-time costs that reduced earnings per share for the quarter; however, we believe they position the Company for sustained earnings growth in the future." Looking ahead, Guarini added, "While we remain cautious given the current economic environment, we expect continued stable credit quality and improving earnings performance to further strengthen ou...

WALNUT CREEK, Calif., August 21, 2025--(BUSINESS WIRE)--BayCom Corp (NASDAQ: BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share on the Company's common stock, which represents a 25% increase (from $0.20 per share) in the Company’s quarterly dividend. The dividend is payable on October 9, 2025 to shareholders of record as of the close of business on September 11, 2025. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and their affiliates in California, Nevada, Washington, New Mexico and Colorado. The Bank is an Equal Housing Lender and a member of FDIC. The Company’s common stock is traded on the NASDAQ under the symbol "BCML." For more information, go to www.unitedbusinessbank.com. Forward-Looking Statements Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to the Company's financial condition, results of operations, plans, objectives, future performance or business, including information regarding the ability of BayCom to pay dividends in the future. You should not place undue reliance on these statements, as they are subject to risks and uncertainties, and actual results and performance in future periods may be materially different from any future results or performance suggested by the forward-looking statements in this release. Factors that might cause such differences include, but are not limited to, the Company’s financial condition and results of operations, general economic conditions, as well as those within the Company’s industry, and numerous other factors identified in BayCom's Annual Report on Form 10-K for the year ended December 31, 2024, subsequent Quarterly Reports on Form 10-Q and other documents filed with or furnished to the Securities and Exchange Commission. Such forward-looking statements speak only as of the date of this release. The Company expressly disclaims any obligation to update or revise any forward-looking statements made herein to reflect any changes in the Company's expectations of result...

WALNUT CREEK, Calif., July 17, 2025--(BUSINESS WIRE)--BayCom Corp ("BayCom" or the "Company") (NASDAQ: BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $6.4 million, or $0.58 per diluted common share, for the second quarter of 2025, compared to earnings of $5.7 million, or $0.51 per diluted common share, for the first quarter of 2025 and $5.6 million, or $0.50 per diluted common share, for the second quarter of 2024. Net income for the second quarter of 2025 increased $662,000, or 11.6%, compared to the first quarter of 2025. This increase was primarily the result of a $439,000 decrease in provision for credit losses, a $280,000 increase in net interest income, a $235,000 decrease in noninterest expense, and a $73,000 increase in noninterest income, partially offset by a $365,000 increase in provision for income taxes. Compared to the second quarter of 2024, net income for the second quarter of 2025 increased $764,000, or 13.6%, primarily as a result of an $865,000 increase in net interest income, a $258,000 decrease in noninterest expense, and a $30,000 increase in noninterest income, partially offset by a $357,000 increase in provision for income taxes and a $32,000 increase in provision for credit losses. Net income for the six months ended June 30, 2025 increased $589,000, or 5.1%, compared to the same period in 2024 primarily as a result of a $1.4 million increase in net interest income and a $340,000 decrease in noninterest expense, partially offset by a $592,000 decrease in noninterest income, a $422,000 increase in provision for credit losses, and a $75,000 increase in provision for income taxes. George Guarini, President and Chief Executive Officer, commented, "Our financial results for the second quarter of 2025 continued a positive trend, supported by new lending activity and deposit growth. In addition, our key financial metrics remain strong and show continued improvement. Overall, our financial condition remains resilient, and we have not observed any signs of systemic credit weakness." Looking ahead, Guarini expressed cautious optimism, stating, "We recognize the potential for economic conditions to deteriorate. In response, we remain focused on managing operating expenses, maintaining strong credit discipline, and closely monitoring the quality of our new loan originations." He concluded, "We re...

WALNUT CREEK, Calif., May 21, 2025--(BUSINESS WIRE)--BayCom Corp (NASDAQ: BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's common stock, which represents a 33% increase (from $0.15 per share) in the Company’s quarterly dividend. The dividend is payable on July 10, 2025 to shareholders of record as of the close of business on June 12, 2025. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and their affiliates in California, Nevada, Washington, New Mexico and Colorado. The Bank is an Equal Housing Lender and a member of FDIC. The Company’s common stock is traded on the NASDAQ under the symbol "BCML". For more information, go to www.unitedbusinessbank.com. Forward-Looking Statements Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to the Company's financial condition, results of operations, plans, objectives, future performance or business, including information regarding the ability of BayCom to pay dividends in the future. You should not place undue reliance on these statements, as they are subject to risks and uncertainties, and actual results and performance in future periods may be materially different from any future results or performance suggested by the forward-looking statements in this release. Factors that might cause such differences include, but are not limited to, the Company’s financial condition and results of operations, general economic conditions, as well as those within the Company’s industry, and numerous other factors identified in BayCom's Annual Report on Form 10-K for the year ended December 31, 2024, subsequent Quarterly Reports on Form 10-Q and other documents filed with or furnished to the Securities and Exchange Commission. Such forward-looking statements speak only as of the date of this release. The Company expressly disclaims any obligation to update or revise any forward-looking statements made herein to reflect any changes in the Company's expectations of results or any c...

Revenue: US$23.7m (down 2.2% from 1Q 2024). Net income: US$5.70m (down 3.0% from 1Q 2024). Profit margin: 24% (in line with 1Q 2024). EPS: US$0.51. We've discovered 1 warning sign about BayCom. View them for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 1.3%. Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are up 3.6% from a week ago. We should say that we've discovered 1 warning sign for BayCom that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

WALNUT CREEK, Calif., April 17, 2025--(BUSINESS WIRE)--BayCom Corp ("BayCom" or the "Company") (NASDAQ: BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $5.7 million, or $0.51 per diluted common share, for the first quarter of 2025, compared to earnings of $6.1 million, or $0.55 per diluted common share, for the fourth quarter of 2024 and $5.9 million, or $0.51 per diluted common share, for the first quarter of 2024. Net income for the first quarter of 2025 compared to the fourth quarter of 2024 decreased $418,000, or 6.8%, primarily as a result of a $1.0 million increase in provision for credit losses, a $694,000 decrease in net interest income, a $19,000 increase in provision for income taxes and a $13,000 increase in noninterest expense, partially offset by a $1.4 million increase in noninterest income. Net income for the first quarter of 2025 compared to the first quarter of 2024 decreased $175,000, or 3.0%, primarily as a result of a $622,000 decrease in noninterest income and $390,000 increase in provision for credit losses, partially offset by a $473,000 increase in net interest income, $282,000 decrease in provision for income taxes and $82,000 decrease in noninterest expense. George Guarini, President and Chief Executive Officer, commented, "Our financial results for the first quarter 2025 reflect a continuing trend of new lending activities and improvement in our net interest margin. However, we continue to monitor economic conditions that could result in deterioration of financial markets. Overall, our financial condition remains strong, and our earnings remain steady." Guarini concluded, "We are optimistic that in the near-term, we will see a continuing demand for lending and stable credit quality and earnings. We remain committed to strategically repurchasing shares and paying cash dividends to enhance shareholder value." First Quarter Performance Highlights: Annualized net interest margin was 3.83% for the current quarter, compared to 3.80% for the preceding quarter and 3.72% for the same quarter a year ago. Annualized return on average assets was 0.89 % for current quarter, compared to 0.94% for the preceding quarter and 0.92% for the same quarter a year ago. Assets totaled $2.6 billion at March 31, 2025, compared to $2.7 billion at December 31, 2024 and $2.6 billion at March 31, 2024. Loans, net...