DA Davidson Estimates BayCom’s FY2025 Earnings (NASDAQ:BCML)

BayCom Corp (NASDAQ:BCML) – Equities researchers at DA Davidson boosted their FY2025 EPS estimates for shares of BayCom in a note issued to investors on Wednesday, April 2nd. DA Davidson analyst G. Tenner now expects that the company will post earnings of $2.36 per share for the year, up from their previous forecast of $2.35. The consensus estimate for BayCom’s current full-year earnings is $2.48 per share. DA Davidson also issued estimates for BayCom’s FY2026 earnings at $2.70 EPS.

BayCom (NASDAQ:BCML) last posted its quarterly earnings data on Thursday, January 23rd. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.04. BayCom had a return on equity of 7.45% and a net margin of 17.10%.

Separately, Hovde Group lowered shares of BayCom from an “outperform” rating to a “market perform” rating and set a $31.00 target price on the stock. in a research note on Wednesday, February 12th.

BayCom Trading Up 0.6 %

NASDAQ BCML opened at $25.72 on Thursday. The company has a market capitalization of $286.26 million, a price-to-earnings ratio of 12.25 and a beta of 0.82. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.04 and a quick ratio of 1.04. BayCom has a 12 month low of $18.54 and a 12 month high of $30.13. The company’s fifty day moving average price is $26.89 and its two-hundred day moving average price is $26.36.

BayCom Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 13th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.33%. The ex-dividend date is Thursday, March 13th. BayCom’s dividend payout ratio (DPR) is presently 28.57%.

Insiders Place Their Bets

In other BayCom news, CEO George J. Guarini sold 27,000 shares of the business’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $27.50, for a total transaction of $742,500.00. Following the completion of the transaction, the chief executive officer now directly owns 46,759 shares of the company’s stock, valued at $1,285,872.50. The trade was a 36.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 7.20% of the stock is currently owned by corporate insiders.

Institutional Trading of BayCom

Hedge funds have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. increased its holdings in shares of BayCom by 46.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,347 shares of the company’s stock valued at $36,000 after purchasing an additional 428 shares during the period. Bridgeway Capital Management LLC increased its stake in BayCom by 0.7% during the 4th quarter. Bridgeway Capital Management LLC now owns 105,412 shares of the company’s stock valued at $2,829,000 after buying an additional 704 shares during the period. State Street Corp raised its position in shares of 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. Captrust Financial Advisors lifted its stake in shares of BayCom by 4.4% in the 3rd quarter. Captrust Financial Advisors now owns 23,361 shares of the company’s stock worth $554,000 after acquiring an additional 978 shares during the period. Finally, Nuveen Asset Management LLC boosted its holdings in shares of BayCom by 6.2% in the fourth quarter. Nuveen Asset Management LLC now owns 20,812 shares of the company’s stock valued at $559,000 after acquiring an additional 1,206 shares in the last quarter. Institutional investors own 66.16% of the company’s stock.

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.