BCML · BayCom Corp
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 also 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. In addition, the company provides online and mobile banking, automated teller machine, remote deposit capture, night depository, courier, and direct deposit services; treasury management services that includes balance reporting, transfers between accounts, wire transfer initiation, automated clearing house (ACH) origination, and stop payments; debit cards; cashier's and travelers checks; letters of credit; and lockbox, positive pay, reverse positive pay, and account reconciliation services, as well as zero balance accounts and sweep accounts, including loan sweep. It operates through a network of full-service banking branches in Northern and Southern California; Las Vegas, Nevada; 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.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $30.58 |
| SO | 10.9M |
| Options | 0.0M |
| Warrants | 0.0M |
| FD SO | 10.9M |
| MC | $333.6M |
| Cash | $206.5M |
| Total debt | $0.0M |
| EV | $127.1M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 0.9x |
| EV / EBITDA | — |
| MC / Net Income | 12.6x |
| EV / FCF | 4.6x |
| MC / FCF | 12.1x |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-03-10. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative.
Financial statements
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Total Revenue | 36.09 | 35.23 | 37.20 | 34.97 |
| Revenue YoY % | 5.9% | 2.9% | 2.8% | 3.2% |
| SG&A | 16.51 | 16.17 | 15.95 | 15.75 |
| Interest Expense | 25.20 | 25.00 | 23.41 | 23.16 |
| Pretax Income | 10.90 | 9.47 | 6.74 | 8.72 |
| Tax Provision | 2.73 | 2.62 | 1.73 | 2.35 |
| Net Income | 8.18 | 6.86 | 5.01 | 6.36 |
| Net Margin % | 22.7% | 19.5% | 13.5% | 18.2% |
| Diluted EPS | $0.75 | $0.63 | $0.46 | $0.58 |
| Basic EPS | $0.75 | $0.63 | $0.46 | $0.58 |
| Diluted Avg Shares | 10.9 | -0.0 | 10.9 | 11.0 |
| Basic Avg Shares | 10.9 | -0.0 | 10.9 | 11.0 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Total Revenue | 143.48 | 141.47 | 138.09 | 133.31 | 113.17 |
| Revenue YoY % | 1.4% | 2.5% | 3.6% | 17.8% | — |
| SG&A | 64.37 | 63.85 | 64.13 | 64.68 | 65.94 |
| Interest Expense | 96.77 | 94.45 | 40.57 | 28.46 | 10.35 |
| Pretax Income | 35.83 | 32.62 | 32.12 | 38.16 | 32.44 |
| Tax Provision | 9.42 | 8.69 | 8.51 | 10.73 | 8.71 |
| Net Income | 26.41 | 23.93 | 23.61 | 27.43 | 23.73 |
| Net Margin % | 18.4% | 16.9% | 17.1% | 20.6% | 21.0% |
| Diluted EPS | $2.42 | $2.18 | $2.10 | $2.27 | $1.81 |
| Basic EPS | $2.42 | $2.18 | $2.10 | $2.27 | $1.81 |
| Diluted Avg Shares | 10.9 | 11.0 | 11.3 | 12.1 | 13.1 |
| Basic Avg Shares | 10.9 | 11.0 | 11.3 | 12.1 | 13.1 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 305.90 | 206.51 | 228.45 | 291.62 |
| Net PPE | 13.04 | 13.22 | 13.58 | 13.69 |
| Goodwill | 38.84 | 38.84 | 38.84 | 38.84 |
| Total Assets | 2,648.54 | 2,593.68 | 2,603.79 | 2,622.38 |
| Total Liabilities | 2,304.55 | 2,255.12 | 2,269.52 | 2,291.82 |
| Retained Earnings | 183.81 | 178.90 | 175.31 | 173.03 |
| Total Equity | 343.99 | 338.55 | 334.27 | 330.56 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 305.90 | 206.51 | 364.03 | 307.54 | 176.81 |
| Net PPE | 13.04 | 13.22 | 13.39 | 13.73 | 13.28 |
| Goodwill | 38.84 | 38.84 | 38.84 | 38.84 | 38.84 |
| Total Assets | 2,648.54 | 2,593.68 | 2,664.51 | 2,551.96 | 2,513.33 |
| Total Liabilities | 2,304.55 | 2,255.12 | 2,340.14 | 2,239.09 | 2,196.18 |
| Retained Earnings | 183.81 | 178.90 | 164.83 | 146.26 | 124.12 |
| Total Equity | 343.99 | 338.55 | 324.37 | 312.87 | 317.15 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Net Income | 8.18 | 6.86 | 5.01 | 6.36 |
| Stock-Based Comp | 0.19 | 0.18 | 0.17 | 0.15 |
| Operating Cash Flow | 6.99 | 8.84 | 7.34 | 6.37 |
| CapEx | (0.30) | 0.26 | (1.12) | (0.75) |
| Investing Cash Flow | 47.01 | (12.81) | (44.15) | (25.22) |
| Stock Buyback | — | (0.81) | (0.91) | (3.88) |
| Dividends Paid | (3.27) | (2.73) | (2.20) | 0.00 |
| Financing Cash Flow | 45.39 | (17.95) | (26.38) | 53.92 |
| Free Cash Flow | 6.69 | 9.10 | 6.23 | 5.62 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Net Income | 26.41 | 23.93 | 23.61 | 27.43 | 23.73 |
| Stock-Based Comp | 0.69 | 0.65 | 0.59 | 0.73 | 1.02 |
| Operating Cash Flow | 29.54 | 31.83 | 30.36 | 30.80 | 39.61 |
| CapEx | (1.91) | (1.75) | (1.70) | (2.12) | (0.84) |
| Investing Cash Flow | (35.17) | (90.79) | (62.19) | 80.40 | 53.94 |
| Stock Buyback | — | (6.91) | (9.25) | (24.11) | (17.96) |
| Dividends Paid | (8.20) | (6.60) | (3.38) | (3.64) | (2.02) |
| Financing Cash Flow | 54.98 | (98.56) | 88.32 | 19.52 | (296.42) |
| Free Cash Flow | 27.64 | 30.09 | 28.66 | 28.68 | 38.77 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Current Ratio | — | — | — | — |
| Quick Ratio | — | — | — | — |
| Debt / Equity | 6.70 | 6.66 | 6.79 | 6.93 |
| EBITDA Margin % | — | — | — | — |
| Working Capital | — | — | — | — |
| Net Debt | — | — | — | — |
| ROE % | 2.4% | 2.0% | 1.5% | 1.9% |
| ROA % | 0.3% | 0.3% | 0.2% | 0.2% |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Current Ratio | — | — | — | — | — |
| Quick Ratio | — | — | — | — | — |
| Debt / Equity | 6.70 | 6.66 | 7.21 | 7.16 | 6.92 |
| EBITDA Margin % | — | — | — | — | — |
| Working Capital | — | — | — | — | — |
| Net Debt | — | — | — | — | — |
| ROE % | 7.7% | 7.1% | 7.3% | 8.8% | 7.5% |
| ROA % | 1.0% | 0.9% | 0.9% | 1.1% | 0.9% |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-05-07 | Black William J | Director, Officer (Executive Vice Chair) | 2026-05-06 | P | 26,549 | $30.22 | $802,311 |
| 2026-05-07 | Black William J | Director, Officer (Executive Vice Chair) | 2026-05-05 | P | 6,533 | $29.99 | $195,925 |
| 2026-03-05 | Guarini George J. | Director, Officer (President and CEO) | 2026-03-04 | G | (8,693) | — | $-0 |
| 2026-01-06 | King Janet Lee | Director, Officer (Senior EVP and COO) | 2026-01-02 | A | 3,733 | — | $0 |
| 2026-01-06 | Colwell Keary L. | Director, Officer (Senior EVP, CFO and Secretary) | 2026-01-02 | A | 3,733 | — | $0 |
| 2026-01-06 | Guarini George J. | Director, Officer (President and CEO) | 2026-01-02 | A | (6,470) | — | $-0 |
| 2026-01-06 | Miranda Felix Antonio Jr | Officer (Chief Lending Officer) | 2025-07-01 | A | 346 | — | $0 |
| 2026-01-05 | Zhu Izabella L. | Officer (EVP and Chief Risk Officer) | 2026-01-02 | A | 1,353 | — | $0 |
| 2026-01-05 | Curley Mary Therese | Officer (EVP and Labor Services Div.) | 2026-01-02 | A | 1,739 | — | $0 |
| 2025-07-21 | Guarini George J. | Director, Officer (President and CEO) | 2025-07-21 | G | (17,058) | — | $-0 |
| 2025-07-02 | Kendall Lloyd W. Jr. | Director | 2025-07-01 | A | 1,419 | — | $0 |
| 2025-07-02 | Guida Dennis Henry Jr | Director | 2025-07-01 | A | 1,419 | — | $0 |
| 2025-07-02 | Amin Bhupen B | Director | 2025-07-01 | A | 1,419 | — | $0 |
| 2025-07-02 | Chaudhary Harpreet S. | Director | 2025-07-01 | A | 1,419 | — | $0 |
| 2025-07-02 | Magid Syvia L. | Director | 2025-07-01 | A | 1,419 | — | $0 |
| 2025-07-02 | Miranda Felix Antonio Jr | Officer (Chief Lending Officer) | 2025-07-01 | A | 346 | — | $0 |
| 2025-07-02 | Laverne Robert G. | Director | 2024-07-01 | A | 1,419 | — | $0 |
| 2025-03-03 | Guarini George J. | Director, Officer (President and CEO) | 2025-03-03 | S | (27,000) | $27.50 | -$742,500 |
| 2025-01-03 | Guarini George J. | Director, Officer (President and CEO) | 2025-01-02 | A | 6,910 | — | $0 |
| 2025-01-03 | Colwell Keary L. | Director, Officer (Senior EVP, CFO and Secretary) | 2025-01-02 | A | 3,986 | — | $0 |
| 2025-01-03 | King Janet Lee | Director, Officer (Senior EVP and COO) | 2025-01-02 | A | 3,986 | — | $0 |
| 2025-01-03 | Zhu Izabella L. | Officer (EVP and Chief Risk Officer) | 2025-01-02 | A | 1,331 | — | $0 |
| 2025-01-03 | Curley Mary Therese | Officer (EVP and Labor Services Div.) | 2024-01-02 | A | 1,858 | — | $0 |
| 2024-07-01 | Kendall Lloyd W. Jr. | Director | 2024-07-01 | A | 1,327 | — | $0 |
| 2024-07-01 | Laverne Robert G. | Director | 2024-07-01 | A | 1,327 | — | $0 |
| 2024-07-01 | Magid Syvia L. | Director | 2024-07-01 | A | 1,327 | — | $0 |
| 2024-07-01 | Camp James S. | Director | 2024-07-01 | A | 1,327 | — | $0 |
| 2024-07-01 | Chaudhary Harpreet S. | Director | 2024-07-01 | A | 1,327 | — | $0 |