BayCom Q4 net income rises 12%

Baycom

22/01/2026 21:40

Overview

Bank holding company's Q4 net income rose 12% yr/yr

Net interest income for Q4 increased by $1.6 mln from the prior quarter

Company repurchased 29,111 shares at $27.75 each during Q4

Outlook

BayCom expects continued demand for lending and stable credit quality in 2026

BayCom remains committed to share repurchases and cash dividends

Result Drivers

NET INTEREST INCOME - Increase in net interest income due to higher interest income on loans and lower interest expense on subordinated debt and deposits

CREDIT LOSS PROVISION - Significant decrease in provision for credit losses contributed to higher net income

NONINTEREST INCOME DECLINE - Decrease in noninterest income due to changes in equity securities valuations

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
Miss
$6.86 mln
$7.21 mln (2 Analysts)
Q4 Net Interest Income
$25.005 mln
Q4 Loan Loss Provision
$250,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for BayCom Corp is $32.00, about 7.3% above its January 21 closing price of $29.83

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw7Brpbpa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)