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BayCom Corp - BCML STOCK NEWS

Welcome to our dedicated news page for BayCom (Ticker: BCML), a resource for investors and traders seeking the latest updates and insights on BayCom.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BayCom's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BayCom's position in the market.

Rhea-AI Summary
BayCom Corp reported earnings of $5.9 million, or $0.51 per diluted common share, for the first quarter of 2024. This represents a decrease from the previous quarter and the same quarter last year. Net income was impacted by changes in net interest income, noninterest income, and noninterest expenses. The company's President and CEO expressed cautious optimism for the remainder of 2024 despite ongoing challenges in loan demand and M&A prospects. Financial highlights include stable earnings, a strong financial condition, and a focus on managing operating costs and providing value to clients and shareholders.
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BayCom Corp (BCML) adjusts record date for $0.10 per share quarterly cash dividend due to NASDAQ requirements, payable on April 12, 2024.
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0.65%
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BayCom Corp (BCML) declares a quarterly cash dividend of $0.10 per share on its common stock, payable on April 12, 2024, to shareholders of record as of March 8, 2024.
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-0.55%
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Rhea-AI Summary
BayCom Corp (BCML) announced earnings of $6.4 million, or $0.55 per diluted common share, for Q4 2023, compared to $6.6 million, or $0.56 per share, for Q3 2023 and $7.6 million, or $0.59 per share, for Q4 2022. Net income for Q4 2023 decreased $234,000 or 3.5% compared to Q3 2023, and decreased $1.2 million or 16.1% compared to Q4 2022. The full year 2023 net income increased $3.7 million or 15.6% compared to 2022. Net interest income decreased $1.3 million, or 5.2%, to $23.5 million for Q4 2023. Loans, net of deferred fees, totaled $1.9 billion at December 31, 2023, compared to $2.0 billion at September 30, 2023 and December 31, 2022. Nonperforming loans totaled $13.0 million or 0.67% of total loans at December 31, 2023, compared to $14.3 million or 0.73% at September 30, 2023, and $15.2 million or 0.75% at December 31, 2022. The Company repurchased 122,559 shares of common stock at an average cost of $19.91 per share during Q4 2023. The Bank remained a “well-capitalized” institution for regulatory capital purposes at December 31, 2023.
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BayCom Corp (BCML) Declares Quarterly Cash Dividend of $0.10 per Share
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2.29%
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BayCom Corp announces earnings of $6.6 million for Q3 2023
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-1.85%
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BayCom Corp announces quarterly cash dividend of $0.10 per share and eighth stock repurchase program
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2.03%
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BayCom Corp

Nasdaq:BCML

BCML Rankings

BCML Stock Data

231.56M
10.74M
7.09%
59.96%
0.66%
Commercial Banking
Finance and Insurance
Link
US
Walnut Creek

About BCML

mission statement: bay commercial bank will conduct business with an eye toward "speed of execution" on behalf of its clients, "pride and appreciation" on behalf of its employees, and "impressive financial performance" on behalf of its investors. bay commercial bank was conceived with the realization that clients deserve access to the decision-makers. they deserve the opportunity to have relationships with contacts at their bank that bring knowledge to the table; knowledge that can be used to advance the goals of the client's business. in short, they deserve what they themselves strive to provide to their clients: knowledgeable and professional service.