STOCK TITAN

BayCom Corp 8-K Filings

BCML NASDAQ

Every 8-K that BayCom Corp (BCML) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow BCML and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BCML filings page.

Rhea-AI Summary

BayCom Corp (BCML), parent of United Business Bank, announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share on its common stock. The dividend is payable on October 8, 2026 to shareholders of record as of the close of business on September 10, 2026.

The company notes that future dividend payments depend on its financial condition, results of operations, economic conditions, and other factors described in its SEC reports, and characterizes related statements as forward-looking.

Rhea-AI Summary

BayCom Corp reports that director Syvia L. Magid has decided to resign from the Boards of the company and its wholly owned subsidiary, United Business Bank. She notified the Boards on July 21, 2026, and her resignation is effective July 22, 2026.

The company states that Ms. Magid’s decision to resign was not the result of any disagreement with the Boards or with the management of BayCom Corp or United Business Bank.

Rhea-AI Summary

BayCom Corp, holding company for United Business Bank, reported a net loss of $7.0 million, or $(0.64) per diluted share, for the quarter ended June 30, 2026, compared with net income of $8.2 million ($0.75 per share) in the prior quarter and $6.4 million ($0.58 per share) a year ago. The swing to loss primarily reflected $10.5 million of severance, accelerated equity vesting and employee benefits tied to the departure of three senior executives, and a $5.2 million provision for credit losses, including $2.8 million in net charge-offs, along with lower net interest income.

Net interest income was $23.7 million, down from $25.2 million in the first quarter, with annualized net interest margin at 3.95% versus 4.11%, as one-time loan discount accretion and a prior FHLB special dividend did not recur and higher loan premium amortization reduced yields. The average cost of deposits declined to 1.56%, and noninterest income was stable at $1.5 million.

Loans grew to $2.1 billion, while nonperforming loans fell to $9.8 million, or 0.47% of total loans, aided by payoff and sale of nonaccrual credits; the allowance for credit losses increased to $23.0 million, or 1.11% of loans. Deposits were $2.17 billion, down 4.2% from March 31, 2026, with noninterest-bearing balances at 26.6% of deposits. Shareholders’ equity totaled $335.4 million, equity-to-assets was 13.00%, and tangible book value per share was $27.04, while bank-level regulatory capital ratios remained well above minimums.

Rhea-AI Summary

BayCom Corp adopted a 2026 Performance Stock Unit Program for senior executive officers of the company and United Business Bank under its 2024 Omnibus Incentive Plan. Each PSU represents the right to receive one-half share of common stock and a cash payment equal to the Fair Market Value of one-half share on settlement.

PSUs are earned as “Banked PSUs” only if the volume-weighted average price of the stock meets a threshold for 20 consecutive trading days, subject to Compensation Committee certification. Banked PSUs, plus related dividend equivalent units, are generally settled after the third anniversary of the grant date, paid 50% in stock and 50% in cash, with specific accelerated settlement or forfeiture rules for death, disability, qualifying terminations, and Change in Control events.

Rhea-AI Summary

BayCom Corp reported results from its 2026 Annual Meeting of Shareholders held on June 16, 2026. Shareholders elected nine directors, including Bhupen B. Amin and Michael J. Perdue, to one-year terms expiring in 2027. For example, Amin received 6,280,694 votes for, 473,541 withheld and 566,243 broker non-votes.

Shareholders approved the advisory (non-binding) vote on executive compensation, with 6,102,257 votes for, 591,814 against and 60,164 abstentions, alongside 566,243 broker non-votes. They also ratified the appointment of Baker Tilly US, LLP as independent registered public accounting firm for the year ending December 31, 2026, by 7,270,115 votes for, 28,191 against and 22,170 abstentions.

Rhea-AI Summary

BayCom Corp announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share on its common stock. The dividend will be paid on July 9, 2026 to shareholders who are on record at the close of business on June 11, 2026.

BayCom Corp is the parent of United Business Bank, which provides business-focused lending, including various government‑guaranteed loan programs, and deposit services across several western states. The company notes that future dividends depend on its financial condition, results, and broader economic and industry factors.

Rhea-AI Summary

BayCom Corp reported strong first quarter 2026 results and announced a major leadership transition. Net income was $8.2 million, or $0.75 per diluted share, up from $6.9 million ($0.63) in the prior quarter and $5.7 million ($0.51) a year ago. Earnings benefited from a $670,000 reversal of provision for credit losses, higher noninterest income including equity securities gains and FHLB special dividends, and modest growth in net interest income.

Annualized net interest margin improved to 4.11%, with average loan yields rising and funding costs easing versus 2025. Credit quality remained manageable, though nonperforming loans increased to 0.83% of total loans, and the allowance for credit losses stood at 1.02% of total loans. Deposits grew to $2.27 billion, supporting a loan-to-deposit ratio of 88.78%.

Subsequent to quarter-end, BayCom’s board approved an executive transition, involuntarily terminating three long-tenured senior executives and appointing William J. Black Jr. as Executive Vice Chair, Christopher F. Baron as President and CEO, and Kevin L. Thompson as CFO. The company expects second-quarter charges related to severance, accelerated equity vesting, and benefit continuation.

Rhea-AI Summary

BayCom Corp, holding company for United Business Bank, reported that its Board of Directors appointed Michael J. Perdue as a director of the Company, effective April 22, 2026. He will also serve on the Board’s Compensation and Nominating Committees and is expected to join the Bank’s Board.

Mr. Perdue is described as a widely recognized California community banking leader with over four decades of experience, including prior roles as President of Pacific Western Bank’s San Diego and Desert Regions, President of First Community Bancorp and Pacific Western Bank, and President, CEO and Director of Community Bancorp Inc. He will receive compensation consistent with BayCom’s standard non-employee director program, and the Company states there are no additional material arrangements or related-party transactions tied to his appointment.

Rhea-AI Summary

BayCom Corp is implementing a major leadership transition and refreshed growth strategy. The board involuntarily terminated, without cause, its long‑tenured CEO, COO and CFO, who will remain as non‑executive employees until July 6, 2026 to support an orderly handover and will receive contractual severance and accelerated equity vesting. New leaders joining on April 13, 2026 include Christopher F. Baron as President and CEO, Kevin L. Thompson as Executive Vice President and CFO, and William J. Black Jr. as Executive Vice Chair. All three bring prior experience at larger West Coast banking institutions and in crisis management, M&A and balance‑sheet restructuring. Baron and Black also join the company and bank boards, while founder and outgoing CEO George J. Guarini remains on the bank’s board to provide continuity.

Rhea-AI Summary

BayCom Corp, parent of United Business Bank, reported that its board declared a quarterly cash dividend of $0.30 per share on its common stock. The dividend will be paid on April 9, 2026 to shareholders who are on record as of the close of business on March 12, 2026.

The company operates through United Business Bank, offering business-focused loans and deposit services across California, Nevada, Washington, New Mexico and Colorado, and its common stock trades on Nasdaq under the symbol BCML.

Rhea-AI Summary

BayCom Corp filed a current report to note that it has issued an earnings press release for the quarter and year ended December 31, 2025. The company states that this press release, dated January 22, 2026, is attached as Exhibit 99.1 and incorporated by reference. The filing does not present the financial figures themselves, directing readers instead to the accompanying press release for details.

Rhea-AI Summary

BayCom Corp announced a regular shareholder payout by declaring a quarterly cash dividend of $0.30 per share on its common stock. The dividend will be paid on January 9, 2026 to shareholders who are on record as of the close of business on December 11, 2025. This cash dividend provides direct income to investors holding BCML shares as of the record date.

Rhea-AI Summary

BayCom Corp filed an 8-K announcing it issued an earnings release for the quarter ended September 30, 2025. The press release is furnished as Exhibit 99.1 and incorporated by reference. The company’s common stock trades on Nasdaq under the symbol BCML. Readers should refer to the attached press release for detailed financial results.

Rhea-AI Summary

BayCom Corp reported that its board has declared a quarterly cash dividend of $0.25 per share on its common stock. The dividend will be paid on October 9, 2025 to shareholders who are on record as of the close of business on September 11, 2025. The company disclosed this action in connection with a press release, which is attached as an exhibit.

Rhea-AI Summary

BayCom Corp plans to redeem all of its outstanding 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030. These subordinated notes have an aggregate principal amount of $64.7 million and will be redeemed on September 15, 2025 at 100% of principal, plus accrued and unpaid interest to, but excluding, the redemption date. The company states it will fund the redemption using cash on hand, which retires this layer of subordinated debt earlier than its stated 2030 maturity.

Rhea-AI Summary

BayCom Corp (NASDAQ: BCML) filed a Form 8-K to disclose the final voting results from its 2025 Annual Meeting of Shareholders held on 17 June 2025.

  • Election of directors (Proposal I): All nine nominees—Bhupen B. Amin, Harpreet S. Chaudhary, Keary L. Colwell, George J. Guarini, Dennis H. Guida Jr., Lloyd W. Kendall Jr., Janet L. King, Robert G. Laverne MD and Syvia L. Magid—were elected for one-year terms ending in 2026. Support ranged from 96.2 % to 99.5 % of votes cast, with approximately 624 k broker non-votes recorded for each nominee.
  • Say-on-Pay (Proposal II): Executive compensation received 6.27 m ‘For’ votes (93.7 %), 233.6 k ‘Against’ (3.5 %), and 69.8 k abstentions. The measure passed comfortably.
  • Auditor ratification (Proposal III): Shareholders ratified the appointment of Moss Adams LLP (succeeded by Baker Tilly US, LLP effective 3 June 2025) as independent registered public accounting firm for fiscal 2025, with 7.15 m ‘For’ votes (98.8 %).

No other matters were brought before the meeting. The results indicate broad shareholder support for the board slate, pay practices and auditor selection, with no contentious items or close votes reported.