DA Davidson Comments on BayCom’s Q1 Earnings (NASDAQ:BCML)

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

BayCom (NASDAQ:BCMLGet Free Report) last announced 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%.

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

View Our Latest Analysis on BCML

BayCom Stock Up 0.7 %

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

BayCom Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, December 12th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.11%. This is a boost from BayCom’s previous quarterly dividend of $0.10. The ex-dividend date was Thursday, December 12th. BayCom’s dividend payout ratio is currently 28.57%.

Institutional Investors Weigh In On BayCom

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in shares of BayCom by 2.7% during the second quarter. Dimensional Fund Advisors LP now owns 594,015 shares of the company’s stock worth $12,088,000 after purchasing an additional 15,798 shares during the last quarter. Royce & Associates LP lifted its holdings in BayCom by 11.5% during the 3rd quarter. Royce & Associates LP now owns 543,211 shares of the company’s stock worth $12,885,000 after buying an additional 56,066 shares in the last quarter. State Street Corp lifted its holdings in BayCom by 0.5% during the 3rd quarter. State Street Corp now owns 163,965 shares of the company’s stock worth $3,906,000 after buying an additional 880 shares in the last quarter. Caldwell Sutter Capital Inc. boosted its position in BayCom by 3.4% in the 3rd quarter. Caldwell Sutter Capital Inc. now owns 84,047 shares of the company’s stock valued at $1,994,000 after buying an additional 2,800 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of BayCom by 3.2% in the 2nd quarter. Renaissance Technologies LLC now owns 80,500 shares of the company’s stock valued at $1,638,000 after buying an additional 2,500 shares during the period. 66.16% of the stock is owned by institutional investors and hedge funds.

BayCom Company Profile

(Get Free Report)

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.

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