BayCom (BCML) AI Stock Analysis

• Market Cap: $329.57M
• Dividend Yield: 2.87%
• Average Volume (3M): 17.87K
• Price to Earnings (P/E): 13.8
• Beta (1Y): 0.71
• Revenue Growth: 1.75%
• EPS Growth: 2.76%
• Country: US
• Employees: 320
• Sector: Financial
• Sector Strength: 73
• Industry: Banks - Regional
• EPS (TTM): 0.58
• Shares Outstanding: 10,923,724
• 10 Day Avg. Volume: 12,390
• 30 Day Avg. Volume: 17,868
• PEG Ratio: -1.71
• Price to Book (P/B): 0.93
• Price to Sales (P/S): 2.20
• P/FCF Ratio: 10.55
• Enterprise Value/Market Cap: 1.12
• Enterprise Value/Revenue: 2.66
• Enterprise Value/Gross Profit: 3.84
• Enterprise Value/Ebitda: 10.30
• 1Y Price Target: $32.00
• Price Target Upside: 8.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: $33.00 ▲(11.37% Upside)

BayCom's strong financial performance, characterized by robust revenue growth and healthy profit margins, is the most significant factor driving the stock score. The technical analysis supports a bullish outlook with positive momentum indicators. The valuation is moderate, with a reasonable P/E ratio and an attractive dividend yield. The absence of earnings call data and the positive corporate event announcement have minimal impact on the overall score.

Positive Factors

Revenue Growth

The robust revenue growth rate indicates BayCom's effective market expansion and strong demand for its banking services, supporting long-term business sustainability.

Healthy Profit Margins

Sustained healthy profit margins reflect efficient cost management and strong pricing power, contributing to BayCom's long-term profitability and competitive positioning.

Prudent Financial Leverage

A conservative leverage position enhances financial stability and flexibility, allowing BayCom to navigate economic fluctuations and invest in growth opportunities.

Negative Factors

Declining Free Cash Flow Growth

Declining free cash flow growth could limit BayCom's ability to fund new projects and return capital to shareholders, potentially impacting long-term financial health.

Declining ROE

A declining ROE suggests potential inefficiencies in generating returns from equity, which could affect investor confidence and long-term growth prospects.

Profitability Concerns

A decline in profitability margins may signal rising costs or competitive pressures, which could challenge BayCom's ability to maintain its financial performance over time.

BayCom Business Overview & Revenue Model

Company Description

BayCom Corp operates as the bank holding company for United Business Bank that provides various financial services to small and mid-sized businesses, service professionals, and individuals. The company offers demand, savings, money market, and time deposit accounts. It also provides commercial and multifamily real estate loans, including owner-occupied and investor real estate loans; commercial and industrial loans, such as equipment loans and working capital lines of credit; small business administration loans; construction and land loans; agriculture-related loans; and consumer loans comprising installment loans, unsecured and secured personal lines of credit, and overdraft protection. In addition, the company offers online and mobile banking, automated teller machine, remote deposit capture, night depository, courier, direct deposit, treasury management, wire transfer, automated clearing house services, debit cards, cashier's and travelers checks, letters of credit, lockbox, positive pay, reverse positive pay, and account reconciliation services, as well as zero balance accounts and sweep accounts, including loan sweep. As of December 31, 2021, it operated through a network of 33 full-service banking branches in Northern and Southern California; Denver, Colorado; Custer, Delta, and Grand counties, Colorado; and Seattle, Washington and Central New Mexico. The company was formerly known as Bay Commercial Bank and changed its name to BayCom Corp in January 2017. BayCom Corp was incorporated in 2004 and is headquartered in Walnut Creek, California.

How the Company Makes Money

BayCom generates revenue primarily through interest income from loans and a variety of fees associated with its banking services. The main revenue streams include interest earned from commercial, real estate, and consumer loans, as well as service fees from deposit accounts, transaction services, and wealth management solutions. Additionally, the company may benefit from partnerships with local businesses and community organizations, enhancing its customer base and increasing deposits. Other factors contributing to its earnings include interest rate spreads, effective cost management, and strategic growth initiatives, such as expanding its branch network and digital banking services.

BayCom Financial Statement Overview

Summary

BayCom has demonstrated steady revenue growth and profitability with a robust revenue growth rate and healthy profit margins. The balance sheet shows prudent debt management and a stable financial position, though the equity ratio suggests a conservative capital buffer. Cash flow generation is strong, but ongoing investments require careful monitoring.

Income Statement

BayCom has demonstrated steady revenue growth with a TTM revenue of $138 million, reflecting a robust revenue growth rate of 24% from 2021 to 2025. The gross profit margin stands at 69.1% for TTM, and the net profit margin is a healthy 17%. However, there was a slight decrease in EBIT margin from 28.7% in 2023 to 22.9% TTM, indicating some pressure on operational efficiency.

Balance Sheet

The company's debt-to-equity ratio improved slightly to 0.27 TTM, showcasing prudent debt management. The equity ratio is 12.8%, reflecting a stable capital structure. ROE has shown consistency, standing at 7.1% TTM. While the financial health is stable, the relatively low equity ratio signifies limited buffer against financial stress.

Cash Flow

BayCom's free cash flow grew by 18% from 2021 to 2025, indicating good cash generation. The operating cash flow to net income ratio of 1.47 TTM shows strong cash conversion. However, cash flow from investing activities remains negative, suggesting ongoing significant investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	139.23M	137.71M	132.91M	111.25M	92.79M	95.62M
Gross Profit	96.37M	95.87M	102.43M	96.45M	83.52M	76.40M
EBITDA	35.90M	35.39M	41.12M	36.46M	32.34M	21.93M
Net Income	24.20M	23.61M	27.43M	23.73M	20.69M	13.73M
Balance Sheet
Total Assets	2.62B	2.66B	2.55B	2.51B	2.35B	2.20B
Cash, Cash Equivalents and Short-Term Investments	206.45M	25.38M	25.48M	183.22M	180.42M	152.99M
Total Debt	86.63M	86.76M	87.20M	89.33M	84.60M	89.02M
Total Liabilities	2.29B	2.34B	2.24B	2.20B	2.09B	1.94B
Stockholders Equity	330.56M	324.37M	312.87M	317.15M	262.61M	252.59M
Cash Flow
Free Cash Flow	32.05M	28.66M	28.68M	38.77M	9.12M	6.78M
Operating Cash Flow	33.25M	30.36M	30.80M	39.61M	10.43M	10.00M
Investing Cash Flow	-135.43M	-62.19M	80.40M	53.94M	-60.36M	-73.66M
Financing Cash Flow	2.59M	88.32M	19.52M	-296.42M	130.29M	67.61M

BayCom Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 29.63
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BCML, the sentiment is Positive. The current price of 29.63 is above the 20-day moving average (MA) of 29.43, above the 50-day MA of 28.34, and above the 200-day MA of 26.88, indicating a bullish trend. The MACD of 0.51 indicates Positive momentum. The RSI at 56.14 is Neutral, neither overbought nor oversold. The STOCH value of 52.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BCML.

BayCom Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CIVB	81 Outperform	$406.73M	8.33	10.02%	3.22%	6.20%	18.80%
CZNC	79 Outperform	$313.71M	11.42	9.73%	5.59%	8.59%	14.56%
RBB	73 Outperform	$338.46M	15.20	4.47%	3.32%	-0.13%	-32.16%
PBFS	73 Outperform	$338.19M	15.98	6.98%	―	31.28%	23.21%
FSBW	72 Outperform	$320.79M	10.04	11.31%	3.21%	5.10%	-7.22%
BCML	70 Outperform	$329.57M	13.84	7.50%	2.87%	1.75%	2.76%
Sector *	68 Neutral	$18.10B	11.66	9.93%	3.76%	9.70%	1.14%

BayCom Corporate Events

BayCom Announces Quarterly Cash Dividend

On August 21, 2025, BayCom Corp announced a quarterly cash dividend of $0.25 per share on its common stock. The dividend is payable on October 9, 2025, to shareholders recorded by September 11, 2025, reflecting the company’s commitment to returning value to its investors.

BayCom Announces Redemption of Subordinated Notes

On August 15, 2025, BayCom Corp announced its plan to redeem all outstanding 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030, totaling $64.7 million, on September 15, 2025. The redemption will be executed at 100% of the principal amount plus accrued interest, using the company’s cash reserves, potentially impacting its financial liquidity and signaling a strategic financial maneuver.

BayCom Corp Holds Annual Shareholders Meeting Decisions

On June 17, 2025, BayCom Corp held its Annual Meeting of Shareholders, where several key decisions were made. The shareholders approved the election of directors for a one-year term, an advisory vote on executive compensation, and the ratification of Baker Tilly US, LLP as the independent registered public accounting firm for the year ending December 31, 2025.