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

BayCom Corp (NASDAQ:BCML) – Equities research analysts at DA Davidson upped their FY2025 earnings per share (EPS) estimates for BayCom in a note issued to investors on Wednesday, April 2nd. DA Davidson analyst G. Tenner now anticipates that the company will earn $2.36 per share for the year, up from their previous estimate 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 announced its earnings results on Thursday, January 23rd. The company reported $0.55 EPS for the quarter, beating 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 downgraded shares of BayCom from an “outperform” rating to a “market perform” rating and set a $31.00 target price on the stock. in a research note on Wednesday, February 12th.

BayCom Stock Up 0.6 %

Shares of NASDAQ:BCML opened at $25.72 on Thursday. The firm has a 50 day simple moving average of $26.89 and a 200 day simple moving average of $26.36. BayCom has a 52 week low of $18.54 and a 52 week high of $30.13. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $286.26 million, a PE ratio of 12.25 and a beta of 0.82.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Assenagon Asset Management S.A. acquired a new stake in shares of BayCom during the 4th quarter valued at about $422,000. Barclays PLC lifted its stake in BayCom by 61.3% in the third quarter. Barclays PLC now owns 27,486 shares of the company’s stock valued at $651,000 after acquiring an additional 10,442 shares during the last quarter. Empowered Funds LLC grew its position in BayCom by 4.9% in the fourth quarter. Empowered Funds LLC now owns 34,399 shares of the company’s stock worth $923,000 after acquiring an additional 1,604 shares in the last quarter. State Street Corp grew its position in BayCom by 0.5% in the third quarter. State Street Corp now owns 163,965 shares of the company’s stock worth $3,906,000 after acquiring an additional 880 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of BayCom during the 4th quarter worth $120,000. 66.16% of the stock is owned by institutional investors and hedge funds.

Insider Activity at BayCom

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

BayCom Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 13th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.33%. 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.