Baycom Corp Financials

BCML

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Baycom Corp (BCML) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 42/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Baycom Corp's revenue grew a modest 4.3% year-over-year to $131.7M. This slow but positive growth earns a score of 41/100.

Leverage

Baycom Corp has elevated debt relative to equity (D/E of 7.21), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

100

Baycom Corp converts 21.8% of revenue into free cash flow ($28.7M). This strong cash generation earns a score of 100/100.

Returns

Baycom Corp generates a 7.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 29/100. This is down from 8.8% the prior year.

Piotroski F-Score Neutral

4/9

Baycom Corp passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.29x

For every $1 of reported earnings, Baycom Corp generates $1.29 in operating cash flow ($30.4M OCF vs $23.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$131.7M

YoY+4.3%

5Y CAGR+11.5%

Baycom Corp generated $131.7M in revenue in fiscal year 2024. This represents an increase of 4.3% from the prior year.

EBITDA

N/A

Free Cash Flow

$28.7M

YoY-0.1%

5Y CAGR+38.8%

Baycom Corp generated $28.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 0.1% from the prior year.

Net Income

$23.6M

YoY-13.9%

5Y CAGR+6.4%

Baycom Corp reported $23.6M in net income in fiscal year 2024. This represents a decrease of 13.9% from the prior year.

EPS (Diluted)

$2.10

YoY-7.5%

5Y CAGR+7.4%

Baycom Corp earned $2.10 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 7.5% from the prior year.

Cash & Debt

$364.0M

YoY+18.4%

5Y CAGR+4.3%

Baycom Corp held $364.0M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.45

YoY+12.5%

Baycom Corp paid $0.45 per share in dividends in fiscal year 2024. This represents an increase of 12.5% from the prior year.

Shares Outstanding

11M

YoY-3.7%

5Y CAGR-2.2%

Baycom Corp had 11M shares outstanding in fiscal year 2024. This represents a decrease of 3.7% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

17.9%

YoY-3.8pp

5Y CAGR-4.7pp

Baycom Corp's net profit margin was 17.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 3.8 percentage points from the prior year.

Return on Equity

7.3%

YoY-1.5pp

5Y CAGR+0.5pp

Baycom Corp's ROE was 7.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.5 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$9.2M

YoY-61.7%

5Y CAGR-3.3%

Baycom Corp spent $9.2M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 61.7% from the prior year.

Capital Expenditures

$1.7M

YoY-19.9%

5Y CAGR+4.0%

Baycom Corp invested $1.7M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 19.9% from the prior year.

BCML Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$131.7M+4.3%	$126.3M+18.0%	$107.1M+31.2%	$81.6M-6.4%	$87.2M+13.9%	$76.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$40.6M+42.5%	$28.5M+175.0%	$10.4M+17.6%	$8.8M-1.1%	$8.9M+1.9%	$8.7M
Income Tax	$8.5M-20.7%	$10.7M+23.3%	$8.7M+11.8%	$7.8M+73.0%	$4.5M-29.3%	$6.4M
Net Income	$23.6M-13.9%	$27.4M+15.6%	$23.7M+14.7%	$20.7M+50.7%	$13.7M-20.7%	$17.3M
EPS (Diluted)	$2.10-7.5%	$2.27+25.4%	$1.81-4.7%	$1.90+65.2%	$1.15-21.8%	$1.47

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$35.0M+4.5%	$33.5M+2.5%	$32.6M-4.4%	$34.1M+2.1%	$33.4M+3.1%	$32.4M+2.1%	$31.7M-48.3%	$61.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$11.5M+12.1%	$10.3M+5.4%	$9.8M-7.5%	$10.6M0.0%	$10.6M+4.5%	$10.1M+8.3%	$9.3M+7.8%	$8.7M
Income Tax	$1.7M-26.4%	$2.4M+18.4%	$2.0M+1.0%	$2.0M-13.5%	$2.3M+14.0%	$2.0M-12.1%	$2.3M-5.7%	$2.4M
Net Income	$5.0M-21.3%	$6.4M+11.6%	$5.7M-6.8%	$6.1M+1.7%	$6.0M+7.4%	$5.6M-4.7%	$5.9M-8.1%	$6.4M
EPS (Diluted)	$0.46-20.7%	$0.58+13.7%	$0.51-7.3%	$0.55+1.9%	$0.54+8.0%	$0.50-2.0%	$0.51-7.3%	$0.55

BCML Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$2.7B+4.4%	$2.6B+1.5%	$2.5B+6.9%	$2.4B+7.1%	$2.2B+10.1%	$2.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$364.0M+18.4%	$307.5M+73.9%	$176.8M-53.4%	$379.7M+26.8%	$299.3M+1.3%	$295.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$38.8M0.0%	$38.8M0.0%	$38.8M0.0%	$38.8M0.0%	$38.8M+9.5%	$35.5M
Total Liabilities	$2.3B+4.5%	$2.2B+2.0%	$2.2B+5.2%	$2.1B+7.5%	$1.9B+11.7%	$1.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$324.4M+3.7%	$312.9M-1.3%	$317.1M+20.8%	$262.6M+4.0%	$252.6M-0.6%	$254.2M
Retained Earnings	$164.8M+12.7%	$146.3M+17.8%	$124.1M+20.4%	$103.1M+25.1%	$82.4M+20.0%	$68.6M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$2.6B-0.7%	$2.6B+2.3%	$2.6B-3.8%	$2.7B+4.0%	$2.6B-1.2%	$2.6B+1.3%	$2.6B+0.3%	$2.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$228.4M-21.7%	$291.6M+13.7%	$256.5M-29.5%	$364.0M+20.8%	$301.3M-23.0%	$391.2M+12.3%	$348.3M+13.3%	$307.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$38.8M0.0%	$38.8M0.0%	$38.8M0.0%	$38.8M0.0%	$38.8M0.0%	$38.8M0.0%	$38.8M0.0%	$38.8M
Total Liabilities	$2.3B-1.0%	$2.3B+2.6%	$2.2B-4.5%	$2.3B+4.4%	$2.2B-1.7%	$2.3B+1.4%	$2.2B+0.3%	$2.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$6.0M
Total Equity	$334.3M+1.1%	$330.6M+0.4%	$329.3M+1.5%	$324.4M+0.8%	$321.7M+2.0%	$315.3M+0.3%	$314.2M+0.4%	$312.9M
Retained Earnings	$175.3M+1.3%	$173.0M+2.5%	$168.9M+2.4%	$164.8M+2.8%	$160.4M+3.2%	$155.5M+3.0%	$151.0M+3.2%	$146.3M

BCML Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$30.4M-1.4%	$30.8M-22.2%	$39.6M+279.8%	$10.4M+4.3%	$10.0M+43.7%	$7.0M
Capital Expenditures	$1.7M-19.9%	$2.1M+151.8%	$843K-35.6%	$1.3M-59.3%	$3.2M+129.8%	$1.4M
Free Cash Flow	$28.7M-0.1%	$28.7M-26.0%	$38.8M+325.1%	$9.1M+34.5%	$6.8M+22.0%	$5.6M
Investing Cash Flow	-$62.2M-177.3%	$80.4M+49.1%	$53.9M+189.4%	-$60.4M+18.0%	-$73.7M-8045.7%	$927K
Financing Cash Flow	$88.3M+352.5%	$19.5M+106.6%	-$296.4M-327.5%	$130.3M+92.7%	$67.6M+287.4%	-$36.1M
Dividends Paid	$3.4M-7.2%	$3.6M+80.0%	$2.0M	N/A	$0	$0
Share Buybacks	$9.2M-61.7%	$24.1M+34.3%	$18.0M+55.5%	$11.6M-36.7%	$18.3M+66.6%	$11.0M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	$7.3M+15.3%	$6.4M-31.4%	$9.3M+16.2%	$8.0M-16.9%	$9.6M+25.4%	$7.7M+50.9%	$5.1M-39.6%	$8.4M
Capital Expenditures	$1.1M+49.0%	$749K+423.8%	$143K+146.6%	$58K-77.3%	$255K+4.1%	$245K-78.6%	$1.1M-19.5%	$1.4M
Free Cash Flow	$6.2M+10.9%	$5.6M-38.5%	$9.1M+15.2%	$7.9M-15.3%	$9.4M+26.1%	$7.4M+88.4%	$3.9M-43.6%	$7.0M
Investing Cash Flow	-$44.1M-75.1%	-$25.2M-192.9%	-$8.6M+79.9%	-$42.8M+27.1%	-$58.8M-800.2%	$8.4M-72.9%	$31.0M+12.8%	$27.5M
Financing Cash Flow	-$26.4M-148.9%	$53.9M+149.9%	-$108.2M-210.8%	$97.6M+339.4%	-$40.8M-252.1%	$26.8M+472.0%	$4.7M+115.5%	-$30.3M
Dividends Paid	$2.2M	$0-100.0%	$1.7M+2928.8%	-$59K-105.3%	$1.1M-3.1%	$1.2M+0.1%	$1.2M-1.8%	$1.2M
Share Buybacks	$909K-76.6%	$3.9M+197.2%	$1.3M+3741.2%	$34K-96.9%	$1.1M-73.8%	$4.1M+3.3%	$4.0M+63.9%	$2.4M

BCML Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	17.9%-3.8pp	21.7%-0.5pp	22.2%-3.2pp	25.4%+9.6pp	15.7%-6.9pp	22.6%
Return on Equity	7.3%-1.5pp	8.8%+1.3pp	7.5%-0.4pp	7.9%+2.4pp	5.4%-1.4pp	6.8%
Return on Assets	0.9%-0.2pp	1.1%+0.1pp	0.9%+0.1pp	0.9%+0.3pp	0.6%-0.2pp	0.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.21+0.1	7.16+0.2	6.92-1.0	7.95+0.3	7.69+0.8	6.84
FCF Margin	21.8%-0.9pp	22.7%-13.5pp	36.2%+25.0pp	11.2%+3.4pp	7.8%+0.5pp	7.3%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	14.3%-4.7pp	19.0%+1.6pp	17.5%-0.5pp	17.9%-0.1pp	18.0%+0.7pp	17.3%-1.2pp	18.5%+8.1pp	10.4%
Return on Equity	1.5%-0.4pp	1.9%+0.2pp	1.7%-0.2pp	1.9%+0.0pp	1.9%+0.1pp	1.8%-0.1pp	1.9%-0.2pp	2.0%
Return on Assets	0.2%-0.0pp	0.2%+0.0pp	0.2%0.0pp	0.2%0.0pp	0.2%0.0pp	0.2%0.0pp	0.2%-0.0pp	0.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	6.79-0.1	6.93+0.1	6.78-0.4	7.21+0.2	6.97-0.3	7.23+0.1	7.150.0	7.16
FCF Margin	17.8%+1.0pp	16.8%-11.2pp	28.0%+4.8pp	23.2%-4.8pp	28.0%+5.1pp	22.9%+10.5pp	12.4%+1.0pp	11.4%

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Frequently Asked Questions

What is Baycom Corp's annual revenue?

Baycom Corp (BCML) reported $131.7M in total revenue for fiscal year 2024. This represents a 4.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Baycom Corp's revenue growing?

Baycom Corp (BCML) revenue grew by 4.3% year-over-year, from $126.3M to $131.7M in fiscal year 2024.

Is Baycom Corp profitable?

Yes, Baycom Corp (BCML) reported a net income of $23.6M in fiscal year 2024, with a net profit margin of 17.9%.

What is Baycom Corp's earnings per share (EPS)?

Baycom Corp (BCML) reported diluted earnings per share of $2.10 for fiscal year 2024. This represents a -7.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Baycom Corp's net profit margin?

Baycom Corp (BCML) had a net profit margin of 17.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Baycom Corp pay dividends?

Yes, Baycom Corp (BCML) paid $0.45 per share in dividends during fiscal year 2024.

What is Baycom Corp's return on equity (ROE)?

Baycom Corp (BCML) has a return on equity of 7.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Baycom Corp's free cash flow?

Baycom Corp (BCML) generated $28.7M in free cash flow during fiscal year 2024. This represents a -0.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Baycom Corp's operating cash flow?

Baycom Corp (BCML) generated $30.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Baycom Corp's total assets?

Baycom Corp (BCML) had $2.7B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Baycom Corp's capital expenditures?

Baycom Corp (BCML) invested $1.7M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Baycom Corp buy back shares?

Yes, Baycom Corp (BCML) spent $9.2M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Baycom Corp have outstanding?

Baycom Corp (BCML) had 11M shares outstanding as of fiscal year 2024.

What is Baycom Corp's debt-to-equity ratio?

Baycom Corp (BCML) had a debt-to-equity ratio of 7.21 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Baycom Corp's return on assets (ROA)?

Baycom Corp (BCML) had a return on assets of 0.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Baycom Corp's Piotroski F-Score?

Baycom Corp (BCML) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Baycom Corp's earnings high quality?

Baycom Corp (BCML) has an earnings quality ratio of 1.29x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Baycom Corp?

Baycom Corp (BCML) scores 42 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.