NasdaqGS:BCML

Stock Analysis Report

Executive Summary

BayCom Corp operates as the bank holding company for United Business Bank that provides various financial services to businesses, business owners, and individuals.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.

Risks

  • BayCom is covered by less than 3 analysts.

Share Price & News

How has BayCom's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.6%

NasdaqGS:BCML

-1.0%

US Banks

0.6%

US Market


1 Year Return

-6.0%

NasdaqGS:BCML

-6.5%

US Banks

4.1%

US Market

BCML matched the Banks industry (-5.9%) over the past year.

BCML underperformed the Market in United States of America which returned 4.7% over the past year.


Share holder returns

BCMLIndustryMarket
7 Day-2.6%-1.0%0.6%
30 Day-1.5%2.4%3.8%
90 Day-0.4%-1.5%2.8%
1 Year-6.0%-6.0%-3.9%-6.5%6.4%4.1%
3 Year83.3%83.3%55.2%44.7%47.0%37.3%
5 Year109.1%109.1%63.4%46.0%60.3%42.5%

Price Volatility Vs. Market

How volatile is BayCom's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BayCom undervalued based on future cash flows and its price relative to the stock market?

15.55x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

BayCom's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

BayCom's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

BayCom is overvalued based on earnings compared to the US Banks industry average.

BayCom is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

BayCom is good value based on expected growth next year.


Price Based on Value of Assets

BayCom is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is BayCom expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

34.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

BayCom's revenue is expected to grow by 17.4% yearly, however this is not considered high growth (20% yearly).

BayCom's earnings are expected to grow significantly at over 20% yearly.

BayCom's revenue growth is expected to exceed the United States of America market average.

BayCom's earnings growth is expected to exceed the United States of America market average.

BayCom's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if BayCom will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has BayCom performed over the past 5 years?

19.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

BayCom's year on year earnings growth rate has been positive over the past 5 years.

BayCom's 1-year earnings growth exceeds its 5-year average (94.2% vs 19.4%)

BayCom's earnings growth has exceeded the US Banks industry average in the past year (94.2% vs 40.7%).


Return on Equity

BayCom has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

BayCom used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if BayCom improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is BayCom's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

BayCom has an acceptable proportion of non-loan assets held.

BayCom has a sufficient allowance for bad loans.

BayCom's liabilities are made up of primarily low risk sources of funding.

BayCom's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at BayCom are broadly funded by customer deposits.

BayCom has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is BayCom's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate BayCom's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate BayCom's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as BayCom has not reported any payouts.

Unable to verify if BayCom's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as BayCom has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of BayCom's salary, the management and board of directors tenure and is there insider trading?

2.5yrs

Average management tenure


CEO

George Guarini (65yo)

2.5yrs

Tenure

US$1,444,511

Compensation

Mr. George J. Guarini is a founding member, Chief Executive Officer and President of United Business Bank ( Previousliy Known as Bay Commercial Bank) since 2004. Mr. Guarini has been the Chief Executive Of ...


CEO Compensation Analysis

George's remuneration is about average for companies of similar size in United States of America.

George's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.5yrs

Average Tenure

57.5yo

Average Age

The tenure for the BayCom management team is about average.


Board Age and Tenure

2.5yrs

Average Tenure

67yo

Average Age

The average tenure for the BayCom board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by BayCom individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$21,77617 Jun 19
George Guarini
EntityIndividual
Role
President
Member of the Board of Directors
Shares1,000
Max PriceUS$21.78
BuyUS$32,20013 Dec 18
George Guarini
EntityIndividual
Role
President
Member of the Board of Directors
Shares1,400
Max PriceUS$23.00

Ownership Breakdown


Management Team

  • Keary Colwell (59yo)

    Senior EVP

    • Tenure: 2.5yrs
    • Compensation: $742.57k
  • Dave Funkhouser (64yo)

    Executive VP & Chief Credit Officer of United Business Bank

    • Tenure: 4.1yrs
  • George Guarini (65yo)

    President

    • Tenure: 2.5yrs
    • Compensation: $1.44m
  • Janet King (56yo)

    Senior EVP & COO

    • Tenure: 2.5yrs
    • Compensation: $745.64k
  • Charles Yun (50yo)

    Executive VP & Chief Marketing Officer of United Business Bank

    • Tenure: 3.3yrs
  • Izabella Zhu (33yo)

    Executive VP & Chief Risk Officer of United Business Bank

    • Tenure: 5.8yrs
  • Terry Curley (61yo)

    Executive VP & Director of Labor Service Division of United Business Bank

    • Tenure: 2.3yrs
  • Rick Pak (48yo)

    Executive VP & Chief Lending Officer of United Business Bank

    • Tenure: 0.5yrs

Board Members

  • Lloyd Kendall (72yo)

    Chairman of the Board

    • Tenure: 2.5yrs
    • Compensation: $136.80k
  • George Guarini (65yo)

    President

    • Tenure: 2.5yrs
    • Compensation: $1.44m
  • Pramod Patel (51yo)

    Director of BC Bank

    • Tenure: 7.8yrs
  • Jon Davis (59yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: $37.68k
  • Harpreet Chaudhary (57yo)

    Director

    • Tenure: 2.5yrs
    • Compensation: $91.39k
  • Jim Camp (67yo)

    Director

    • Tenure: 3.5yrs
    • Compensation: $114.60k
  • David Spatz (71yo)

    Director

    • Tenure: 3.5yrs
    • Compensation: $124.20k
  • Malcolm Hotchkiss (70yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: $49.68k
  • Bob Laverne (70yo)

    Director

    • Tenure: 3.5yrs
    • Compensation: $114.60k

Company Information

BayCom Corp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BayCom Corp
  • Ticker: BCML
  • Exchange: NasdaqGS
  • Founded: 2004
  • Industry: regional banks
  • Sector: banks
  • Market Cap: US$269.857m
  • Shares outstanding: 11.90m
  • Website: Click here

Number of Employees


Location

  • BayCom Corp
  • 500 Ygnacio Valley Road
  • Suite 200
  • Walnut Creek
  • California
  • 94596
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCMLNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDAug 2004

Biography

BayCom Corp operates as the bank holding company for United Business Bank that provides various financial services to businesses, business owners, and individuals. The company offers demand, savings, money ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/16 23:59
End of Day Share Price2019/07/16 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.