BayCom (BCML) Expected to Announce Quarterly Earnings on Thursday

by · The Cerbat Gem

BayCom (NASDAQ:BCML – Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.51 per share and revenue of $23,670.00 billion for the quarter.

BayCom Price Performance

NASDAQ:BCML opened at $27.18 on Wednesday. The firm has a market cap of $302.27 million, a P/E ratio of 12.94 and a beta of 0.80. The stock has a 50 day moving average of $27.49 and a two-hundred day moving average of $24.77. BayCom has a 12 month low of $18.54 and a 12 month high of $30.13. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.22.

BayCom Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Thursday, December 12th were paid a $0.15 dividend. This is an increase from BayCom’s previous quarterly dividend of $0.10. This represents a $0.60 annualized dividend and a yield of 2.21%. The ex-dividend date was Thursday, December 12th. BayCom’s dividend payout ratio is currently 28.57%.

Wall Street Analyst Weigh In

Separately, Hovde Group upped their target price on shares of BayCom from $26.00 to $28.00 and gave the stock an “outperform” rating in a report on Friday, October 18th.

Get Our Latest Stock Report on BayCom

About BayCom

(Get Free Report)

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.

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