What is DA Davidson’s Estimate for BayCom FY2025 Earnings?

BayCom Corp (NASDAQ:BCML) – Stock analysts at DA Davidson raised their FY2025 earnings per share (EPS) estimates for BayCom in a report issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner now anticipates that the company will post earnings of $2.36 per share for the year, up from their prior forecast of $2.35. The consensus estimate for BayCom’s current full-year earnings is $2.48 per share. DA Davidson also issued estimates for BayCom’s FY2026 earnings at $2.70 EPS.

BayCom (NASDAQ:BCML) last posted its earnings results on Thursday, January 23rd. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.04. BayCom had a return on equity of 7.45% and a net margin of 17.10%.

Separately, Hovde Group lowered shares of BayCom from an “outperform” rating to a “market perform” rating and set a $31.00 target price for the company. in a research report on Wednesday, February 12th.

BayCom Price Performance

NASDAQ BCML opened at $24.20 on Thursday. BayCom has a 1 year low of $18.54 and a 1 year high of $30.13. The company has a fifty day simple moving average of $26.77 and a 200 day simple moving average of $26.35. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.22. The company has a market cap of $269.35 million, a P/E ratio of 11.52 and a beta of 0.50.

Institutional Investors Weigh In On BayCom

A number of institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its position in shares of BayCom by 46.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,347 shares of the company’s stock worth $36,000 after acquiring an additional 428 shares during the period. Russell Investments Group Ltd. raised its stake in shares of BayCom by 3,097.3% in the fourth quarter. Russell Investments Group Ltd. now owns 3,613 shares of the company’s stock valued at $97,000 after purchasing an additional 3,500 shares in the last quarter. SG Americas Securities LLC bought a new position in BayCom in the fourth quarter worth $120,000. Wells Fargo & Company MN boosted its stake in BayCom by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 6,141 shares of the company’s stock worth $165,000 after buying an additional 1,337 shares in the last quarter. Finally, Deutsche Bank AG increased its holdings in BayCom by 31.1% in the 4th quarter. Deutsche Bank AG now owns 6,444 shares of the company’s stock valued at $173,000 after buying an additional 1,529 shares during the period. 66.16% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at BayCom

In other news, CEO George J. Guarini sold 27,000 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $27.50, for a total transaction of $742,500.00. Following the completion of the transaction, the chief executive officer now owns 46,759 shares of the company’s stock, valued at approximately $1,285,872.50. This represents a 36.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 7.20% of the company’s stock.

BayCom Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 13th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.48%. The ex-dividend date is Thursday, March 13th. BayCom’s dividend payout ratio is currently 28.57%.

BayCom Company Profile

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 provides demand, savings, money market, and time deposit accounts. It offers 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.