Bay Commercial Bank (BCML) Stock Price, News & Analysis

Company Overview

Bay Commercial Bank (NASDAQ: BCML) is a community-oriented banking institution headquartered in Traverse City, Michigan. The bank provides a comprehensive range of financial services to individuals, small businesses, and agricultural clients throughout northern Michigan. Its offerings include deposit products such as checking, savings, money market and certificates of deposit, as well as consumer and commercial lending solutions ranging from residential mortgages and home equity lines of credit to working capital loans and equipment financing.

In addition to traditional banking services, Bay Commercial Bank delivers tailored wealth management and trust services through its in-house experts. Customers can access investment advisory, retirement planning, and estate administration support. The bank also offers digital banking capabilities designed to enhance customer convenience, including online account opening, mobile deposits, bill payment and secure remote access to account information.

Founded in 2008 by a group of local business leaders, Bay Commercial Bank has steadily expanded its footprint across northern Michigan. It operates full-service branches in key communities such as Traverse City, Kalkaska, and Petoskey, with a focus on fostering strong community relationships and supporting regional economic growth. The bank actively partners with local organizations, sponsoring events and charitable initiatives to strengthen ties with the neighborhoods it serves.

Bay Commercial Bank is led by President and Chief Executive Officer Michael J. McClure, who brings more than 25 years of financial services experience to the role. Under his guidance, the bank’s board of directors—comprising seasoned banking and industry professionals—pursues a strategy centered on prudent growth, technological innovation and personalized customer service. This leadership team remains committed to maintaining the bank’s community banking ethos while strategically expanding its product offerings and geographic reach.

Key Stats

• Today's Range: $26.90 to $27.91
• 50-Day Range: $26.20 to $29.05
• 52-Week Range: $20.25 to $30.13
• Volume: 23,139 shs
• Average Volume: 25,195 shs
• Market Capitalization: $305.86 million
• P/E Ratio: 13.23
• Dividend Yield: 2.88%
• Price Target: $31.00
• Consensus Rating: Hold

Bay Commercial Bank Stock Analysis - MarketRank™

Bay Commercial Bank scored higher than 84% of companies evaluated by MarketBeat, and ranked 233rd out of 939 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Bay Commercial Bank has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Bay Commercial Bank has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 2.02%

Earnings Growth

Earnings for Bay Commercial Bank are expected to grow by 2.02% in the coming year, from $2.48 to $2.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bay Commercial Bank is 13.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bay Commercial Bank is 13.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.18.

Price to Book Value per Share Ratio

Bay Commercial Bank has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.08% of the float of Bay Commercial Bank has been sold short.

Short Interest Ratio / Days to Cover

Bay Commercial Bank has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bay Commercial Bank has recently increased by 14.24%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Bay Commercial Bank pays a meaningful dividend of 2.92%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Bay Commercial Bank has only been increasing its dividend for 3 years.

Dividend Coverage

The dividend payout ratio of Bay Commercial Bank is 38.10%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Bay Commercial Bank will have a dividend payout ratio of 31.62% next year. This indicates that Bay Commercial Bank will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -0.72

Percentage of Shares Shorted

1.08% of the float of Bay Commercial Bank has been sold short.

Short Interest Ratio / Days to Cover

Bay Commercial Bank has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bay Commercial Bank has recently increased by 14.24%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.62

News Sentiment

Bay Commercial Bank has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.92 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Bay Commercial Bank this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bay Commercial Bank insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.50% of the stock of Bay Commercial Bank is held by insiders.

Percentage Held by Institutions

66.16% of the stock of Bay Commercial Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BCML Stock Analysis - Frequently Asked Questions

How have BCML shares performed this year?

Bay Commercial Bank's stock was trading at $26.84 at the beginning of 2025. Since then, BCML stock has increased by 3.5% and is now trading at $27.78.

How were Bay Commercial Bank's earnings last quarter?

Bay Commercial Bank (NASDAQ:BCML) released its quarterly earnings results on Thursday, July, 17th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.55 by $0.03. Bay Commercial Bank had a trailing twelve-month return on equity of 7.26% and a net margin of 16.94%.

When did Bay Commercial Bank IPO?

Bay Commercial Bank (BCML) raised $51 million in an initial public offering (IPO) on Friday, May 4th 2018. The company issued 2,300,000 shares at a price of $21.00-$23.00 per share. FIG Partners and D.A. Davidson served as the underwriters for the IPO.

How do I buy shares of Bay Commercial Bank?

Shares of BCML stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Bay Commercial Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bay Commercial Bank investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

• Record date for 7/10 Dividend: 6/12/2025
• Ex-Dividend for 7/10 Dividend: 6/12/2025
• Dividend Payable: 7/10/2025
• Today: 7/17/2025
• Last Earnings: 7/17/2025
• Next Earnings (Estimated): 7/17/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - WEST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:BCML
• CIK: 1730984
• Web: www.baycommercialbank.com
• Phone: (925) 476-1800
• Fax: N/A
• Employees: 370
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Bay Commercial Bank: $31.00
• High Price Target: $31.00
• Low Price Target: $31.00
• Potential Upside/Downside: +11.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.10
• Trailing P/E Ratio: 13.23
• Forward P/E Ratio: 11.20
• P/E Growth: N/A
• Net Income: $23.61 million
• Net Margins: 16.94%
• Pretax Margin: 22.88%
• Return on Equity: 7.26%
• Return on Assets: 0.90%

Debt

• Debt-to-Equity Ratio: 0.22
• Current Ratio: 1.05
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $138.09 million
• Price / Sales: 2.21
• Cash Flow: $2.43 per share
• Price / Cash Flow: 11.43
• Book Value: $29.17 per share
• Price / Book: 0.95

Miscellaneous

• Outstanding Shares: 11,010,000
• Free Float: 10,292,000
• Market Cap: $305.86 million
• Optionable: Optionable
• Beta: 0.53