Welcome to our dedicated page for Baycom news (Ticker: BCML), a resource for investors and traders seeking the latest updates and insights on Baycom stock.
BayCom Corp (BCML) provides essential financial services through its United Business Bank subsidiary, specializing in commercial banking solutions for businesses and individuals. This news hub offers investors and stakeholders centralized access to verified updates about the company’s strategic developments.
Track critical announcements including quarterly earnings, leadership appointments, product launches, and regulatory filings. Our curated collection ensures efficient monitoring of BCML’s market position within the competitive banking sector, particularly its innovations in business lending and deposit services.
Discover press releases covering operational expansions, community initiatives, and financial performance metrics. All content is organized for quick reference, enabling informed analysis of the company’s growth trajectory and service enhancements in key areas like digital banking platforms.
Bookmark this page for real-time updates on BayCom Corp’s partnerships, branch network developments, and industry recognition. Regular updates ensure you stay informed about this community-focused financial institution’s evolving strategies and market engagements.
BayCom (NASDAQ: BCML) reported Q3 2025 net income of $5.0 million or $0.46 per diluted share, down from $6.4 million ($0.58) in Q2 2025 and $6.0 million ($0.54) in Q3 2024. The quarter included a $2.9 million provision for credit losses and $835,000 of amortized debt issuance costs tied to early subordinated debt redemption. Net interest income rose modestly to $23.4 million, while annualized net interest margin was 3.72%. Total assets and loans remained steady at about $2.6 billion and $2.0 billion, respectively. Nonperforming loans were $13.9 million (0.68% of loans) and allowance for loan losses was $20.8 million (1.02%). The company repurchased shares and paid a $0.25 per-share dividend.
BayCom Corp (NASDAQ: BCML), the parent company of United Business Bank, has announced a significant increase in its quarterly cash dividend. The company's Board of Directors has declared a quarterly dividend of $0.25 per share on common stock, representing a 25% increase from the previous $0.20 per share.
The dividend will be payable on October 9, 2025, to shareholders of record as of the close of business on September 11, 2025.
BayCom Corp (NASDAQ: BCML), the parent company of United Business Bank, has announced a significant increase in its quarterly cash dividend. The company's Board of Directors has declared a quarterly dividend of $0.20 per share on common stock, marking a 33% increase from the previous dividend of $0.15 per share. The dividend will be paid on July 10, 2025, to shareholders of record as of the close of business on June 12, 2025.
BayCom Corp (NASDAQ: BCML) reported Q1 2025 earnings of $5.7 million ($0.51 per diluted share), down from $6.1 million ($0.55 per share) in Q4 2024 and $5.9 million ($0.51 per share) in Q1 2024. The 6.8% quarterly decline was primarily due to a $1.0 million increase in credit loss provisions and a $694,000 decrease in net interest income.
Key metrics for Q1 2025:
- Net interest margin: 3.83% (vs 3.80% in Q4 2024)
- Return on average assets: 0.89%
- Total assets: $2.6 billion
- Loans: $2.0 billion
- Nonperforming loans: $10.0 million (0.51% of total loans)
- Deposits: $2.1 billion
The company repurchased 50,793 shares at an average cost of $25.82 and declared a cash dividend of $0.15 per share.
BayCom Corp (NASDAQ: BCML), the parent company of United Business Bank, has announced a quarterly cash dividend of $0.15 per share on the Company's common stock. The dividend will be paid on April 10, 2025, to shareholders of record as of the close of business on March 13, 2025.
BayCom Corp (NASDAQ: BCML) reported Q4 2024 earnings of $6.1 million, or $0.55 per diluted share, compared to $6.0 million in Q3 2024 and $6.4 million in Q4 2023. The quarterly net income increased by 1.7% from Q3 2024 but decreased 4.3% from Q4 2023.
Key highlights include:
- Net interest margin was 3.80% for Q4 2024
- Assets totaled $2.7 billion at December 31, 2024
- Loans reached $2.0 billion, with nonperforming loans at 0.48% of total loans
- Deposits increased to $2.2 billion
- The Bank maintained 'well-capitalized' status
For full-year 2024, net income was $23.6 million ($2.10 per diluted share), down 13.9% from $27.4 million ($2.27 per diluted share) in 2023. The company declared a cash dividend of $0.15 per share, paid on January 10, 2025.
BayCom Corp (NASDAQ: BCML) announced a 50% increase in its quarterly cash dividend, raising it from $0.10 to $0.15 per share. The dividend will be paid on January 10, 2025, to shareholders of record as of December 12, 2024. This decision was approved by the company's Board of Directors and applies to BayCom's outstanding common stock.
BayCom Corp (NASDAQ: BCML), the holding company for United Business Bank, has announced the appointment of Bhupen B. Amin and Dennis Guida as directors of the Company, effective November 1, 2024. Both Amin and Guida will continue to serve as directors of the Bank, roles they have held since 2011 and 2022, respectively. These appointments follow the recent retirement of James S. Camp from the Company and Bank's Board of Directors.
Amin, currently General Counsel and COO of Lotus Hotels and Investments, brings extensive experience in property management and development. Guida, the Managing Director for HBP Analytics, , has 40 years of banking industry experience, specializing in asset-liability management.
BayCom Corp (NASDAQ: BCML) reported earnings of $6.0 million, or $0.54 per diluted common share, for the third quarter of 2024. This represents a 7.4% increase from the second quarter of 2024 but a 9.2% decrease from the third quarter of 2023. The increase from Q2 2024 was primarily due to higher net interest income and noninterest income, partially offset by increased provision for credit losses and noninterest expense.
Key highlights include:
- Annualized net interest margin was 3.73%, up from 3.69% in Q2 2024
- Annualized return on average assets was 0.94%
- Total assets remained stable at $2.6 billion
- Loans, net of deferred fees, totaled $1.9 billion
- Nonperforming loans decreased to 0.51% of total loans
- The company repurchased 51,240 shares of common stock
- A cash dividend of $0.10 per share was declared
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