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 (NASDAQ: BCML) is a California-incorporated bank holding company for United Business Bank, operating in the commercial banking industry. This news page aggregates press releases and announcements related to BayCom’s financial performance, capital actions, and corporate developments.
Recent BayCom news has focused on quarterly earnings results, dividend declarations, and capital management decisions. The company issues detailed earnings releases discussing net income, net interest income, noninterest income, provision for credit losses, net interest margin, return on average assets, loan and deposit balances, nonperforming loans, and the allowance for credit losses. These updates provide insight into how loan growth, deposit mix, funding costs, and credit quality affect BayCom’s results.
BayCom also regularly announces quarterly cash dividends on its common stock. Form 8-K filings dated February 20, 2025, May 21, 2025, August 21, 2025, and November 20, 2025 describe dividend declarations and per-share amounts, along with record and payment dates. In addition, the company has reported share repurchase activity in its earnings releases, noting the number of common shares repurchased and the average cost per share during several quarters.
Other news items include corporate and balance sheet actions, such as the August 15, 2025 announcement that BayCom would redeem all of its outstanding 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 using cash on hand, and updates on board composition, including the appointment of new holding company directors described in an October 17, 2024 press release.
Investors and observers following BCML news can use this page to review BayCom’s historical earnings announcements, dividend decisions, capital actions, and governance updates as disclosed in press releases and related SEC filings.
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BayCom Corp (NASDAQ: BCML) has announced its seventh stock repurchase program, authorizing the buyback of up to 619,000 shares, approximately 5% of its outstanding shares, over the next year. This program will start upon the completion of the current buyback set to expire on October 24, 2023. Currently, 17,633 shares remain available for repurchase under the ongoing program. The timing and quantity of shares repurchased will depend on market conditions and company policies, emphasizing flexibility in execution. This move aims to enhance shareholder value, indicating the Board's confidence in the company's financial health and future prospects.
BayCom Corp (NASDAQ: BCML) reported first-quarter 2023 earnings of $7.0 million ($0.55 per share), a 12.5% decline from the previous quarter, but an 8.6% year-over-year increase. Key factors influencing the results included a $1.2 million drop in net interest income, a $798,000 increase in the provision for credit losses, and increased noninterest expenses. Total deposits remained stable at $2.1 billion. The annualized net interest margin decreased to 4.26%, while the return on average assets fell to 1.11%. Nonperforming loans were $13.1 million, or 0.64% of total loans, an improvement from the previous quarter’s 0.75%. The company maintained a well-capitalized status and announced a cash dividend of $0.10 per share, reflecting ongoing shareholder returns amidst a turbulent banking environment.