Baycom ( (BCML) ) has released its Q3 earnings. Here is a breakdown of the information Baycom presented to its investors.
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BayCom Corp, the holding company for United Business Bank, operates in the financial sector providing a range of banking services, including loans and deposit products across several states in the U.S. In its latest earnings report, BayCom Corp announced a net income of $5.0 million for the third quarter of 2025, a decrease from the previous quarter and the same quarter last year. This decline was primarily attributed to increased provisions for credit losses and higher noninterest expenses, despite a rise in net interest income and noninterest income. Key financial metrics revealed a stable asset base with total assets remaining steady at $2.6 billion, while loans increased to $2.0 billion. The company also reported a decrease in nonperforming loans and an increase in the allowance for credit losses. Looking ahead, BayCom’s management remains cautiously optimistic, expecting stable credit quality and improved earnings performance, with a continued focus on strategic share repurchases and cash dividends to enhance shareholder value.