Equities Analysts Issue Forecasts for BayCom Q1 Earnings

BayCom Corp (NASDAQ:BCML) – Analysts at DA Davidson issued their Q1 2025 EPS estimates for BayCom in a report released on Tuesday, January 28th. DA Davidson analyst G. Tenner expects that the company will post earnings of $0.51 per share for the quarter. The consensus estimate for BayCom’s current full-year earnings is $2.06 per share.

Separately, Hovde Group raised their target price on shares of BayCom from $26.00 to $28.00 and gave the stock an “outperform” rating in a report on Friday, October 18th.

BayCom Trading Up 0.7 %

Shares of BCML opened at $28.42 on Wednesday. The business’s 50-day moving average price is $27.53 and its 200 day moving average price is $25.04. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $316.03 million, a P/E ratio of 13.53 and a beta of 0.80. BayCom has a 1-year low of $18.54 and a 1-year high of $30.13.

BayCom (NASDAQ:BCML) last released its quarterly earnings data on Thursday, January 23rd. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.04. BayCom had a return on equity of 7.56% and a net margin of 17.22%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its position in BayCom by 2.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 594,015 shares of the company’s stock worth $12,088,000 after acquiring an additional 15,798 shares during the period. Renaissance Technologies LLC lifted its position in shares of BayCom by 3.2% in the second quarter. Renaissance Technologies LLC now owns 80,500 shares of the company’s stock worth $1,638,000 after purchasing an additional 2,500 shares in the last quarter. Caldwell Sutter Capital Inc. boosted its holdings in shares of BayCom by 3.4% during the third quarter. Caldwell Sutter Capital Inc. now owns 84,047 shares of the company’s stock worth $1,994,000 after purchasing an additional 2,800 shares during the period. Royce & Associates LP grew its position in BayCom by 11.5% during the third quarter. Royce & Associates LP now owns 543,211 shares of the company’s stock valued at $12,885,000 after purchasing an additional 56,066 shares in the last quarter. Finally, Empowered Funds LLC increased its stake in BayCom by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 32,795 shares of the company’s stock valued at $778,000 after buying an additional 1,608 shares during the period. Hedge funds and other institutional investors own 66.16% of the company’s stock.

BayCom Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, December 12th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.11%. This is a positive change from BayCom’s previous quarterly dividend of $0.10. BayCom’s dividend payout ratio is presently 28.57%.

BayCom Company Profile

BayCom Corp operates as the bank holding company for United Business Bank that provides various financial services to small and mid-sized businesses, service professionals, and individuals. The company provides demand, savings, money market, and time deposit accounts. It offers commercial and multifamily real estate loans, including owner-occupied and investor real estate loans; commercial and industrial loans, such as equipment loans and working capital lines of credit; small business administration loans; construction and land loans; agriculture-related loans; and consumer loans comprising installment loans, unsecured and secured personal lines of credit, and overdraft protection.