BayCom Corp reports results for the quarter ended in March - Earnings Summary

Baycom

20/04/2023 21:47

* BayCom Corp  BCML.OQ  reported quarterly adjusted earnings
of 55
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 58 cents per share.
    * Revenue rose 13% to $25.26 million from a year ago;
analysts
expected $26.70 million. 
    * BayCom Corp's reported EPS for the quarter was 55 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * BayCom Corp shares had fallen by 1.2% this quarter and
lost 11.1% so far this year.
    * The company reported quarterly net income of $7.05
million.
    * Wall Street's median 12-month price target for BayCom Corp
is
$22.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 20 at 08:46 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.58           0.55           Missed
 Dec. 31 2022      0.61           0.62           Beat
 Sep. 30 2022      0.58           0.54           Missed
 Jun. 30 2022      0.53           0.38           Missed