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BayCom Overhauls Leadership, Appoints New Growth-Focused CEO

Story Highlights
  • BayCom ousts its longtime CEO, COO and CFO, installing a new leadership team to guide a major strategic pivot.
  • The bank aims to reignite organic growth, boost its trading multiple and pursue larger Western regional mergers under its new executives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BayCom Overhauls Leadership, Appoints New Growth-Focused CEO

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BayCom ( (BCML) ) has provided an announcement.

On April 7, 2026, BayCom’s board moved to replace its long-standing executive team, terminating without cause CEO and founder George Guarini, COO Janet King and CFO Keary Colwell, who will stay on through July 6 to aid the transition and receive contractual severance, with Guarini retaining a seat on the bank’s board for continuity. Effective April 13, 2026, the board named former Banc of California executive Christopher Baron as CEO, PacWest/Banc of California dealmaker William Black as executive vice chair and director, and veteran banking CFO Kevin Thompson as CFO, and reconstituted the holding company board to support a strategy aimed at closing an organic growth gap, lifting the trading multiple and pursuing larger, transformational Western regional bank combinations once earnings momentum is established.

The leadership changes at BayCom reflect a deliberate shift toward growth-focused executives experienced in complex transactions and crisis navigation, signaling the company’s intent to move from a period of disciplined balance-sheet preservation and subdued M&A to a more assertive expansion phase. Investors and other stakeholders are likely to view the overhaul as an effort to unlock perceived franchise value and position the community bank platform as a consolidator in Western U.S. markets reshaped by recent banking turmoil and consolidation.

The most recent analyst rating on (BCML) stock is a Hold with a $32.00 price target. To see the full list of analyst forecasts on BayCom stock, see the BCML Stock Forecast page.

Spark’s Take on BCML Stock

According to Spark, TipRanks’ AI Analyst, BCML is a Neutral.

The score is anchored by generally solid financial fundamentals (notably a stronger, less-levered balance sheet) but is held back by the sharp deterioration shown in the latest cash flow data and some margin compression. Valuation is a clear positive due to the low P/E and healthy dividend yield, while technical signals point to a neutral-to-soft momentum backdrop rather than a strong uptrend.

To see Spark’s full report on BCML stock, click here.

More about BayCom

BayCom Corp is the Nasdaq-listed holding company for United Business Bank, a community-focused commercial bank based in Walnut Creek, California. The bank offers loans, deposits and related financial services to businesses and individuals across key Western U.S. markets, positioning itself as a regional platform pursuing scale through disciplined growth and strategic acquisitions.

Average Trading Volume: 24,244

Technical Sentiment Signal: Buy

Current Market Cap: $338.6M

See more data about BCML stock on TipRanks’ Stock Analysis page.

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