FY2026 Earnings Forecast for BCML Issued By DA Davidson

Bay Commercial Bank (NASDAQ:BCML - Free Report) - DA Davidson dropped their FY2026 EPS estimates for shares of Bay Commercial Bank in a report released on Friday, June 27th. DA Davidson analyst G. Tenner now forecasts that the company will earn $2.63 per share for the year, down from their previous forecast of $2.65. The consensus estimate for Bay Commercial Bank's current full-year earnings is $2.48 per share.

Separately, Wall Street Zen raised shares of Bay Commercial Bank from a "sell" rating to a "hold" rating in a report on Sunday.

Bay Commercial Bank Stock Performance

NASDAQ:BCML opened at $27.80 on Monday. The company has a market cap of $306.08 million, a price-to-earnings ratio of 13.24 and a beta of 0.53. Bay Commercial Bank has a 1 year low of $19.26 and a 1 year high of $30.13. The stock's 50 day simple moving average is $26.69 and its two-hundred day simple moving average is $26.60. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.05 and a quick ratio of 1.05.

Bay Commercial Bank (NASDAQ:BCML - Get Free Report) last posted its earnings results on Thursday, April 17th. The company reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). The firm had revenue of $32.65 million during the quarter, compared to analysts' expectations of $24.07 million. Bay Commercial Bank had a return on equity of 7.26% and a net margin of 16.94%.

Bay Commercial Bank Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be issued a $0.20 dividend. The ex-dividend date is Thursday, June 12th. This is an increase from Bay Commercial Bank's previous quarterly dividend of $0.15. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.88%. Bay Commercial Bank's payout ratio is 38.10%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BCML. Wellington Management Group LLP increased its stake in Bay Commercial Bank by 41.6% during the fourth quarter. Wellington Management Group LLP now owns 930,498 shares of the company's stock worth $24,975,000 after acquiring an additional 273,135 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Bay Commercial Bank by 2.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 615,795 shares of the company's stock worth $16,528,000 after purchasing an additional 13,269 shares during the period. Royce & Associates LP increased its position in shares of Bay Commercial Bank by 11.1% during the 4th quarter. Royce & Associates LP now owns 603,286 shares of the company's stock valued at $16,192,000 after purchasing an additional 60,075 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Bay Commercial Bank by 0.3% during the 4th quarter. Alliancebernstein L.P. now owns 434,799 shares of the company's stock valued at $11,670,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in Bay Commercial Bank by 9.2% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 127,190 shares of the company's stock valued at $3,201,000 after buying an additional 10,750 shares during the period. Institutional investors own 66.16% of the company's stock.

About Bay Commercial Bank

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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