Market Cap
US$179.8m
Last Updated
2021/01/19 23:03 UTC
Data Sources
Company Financials +
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Similar Companies
Share Price & News
How has BayCom's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BCML is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BCML's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-0.5%
BCML
-1.8%
US Banks
0.3%
US Market
1 Year Return
-32.2%
BCML
-6.2%
US Banks
21.1%
US Market
Return vs Industry: BCML underperformed the US Banks industry which returned -7.3% over the past year.
Return vs Market: BCML underperformed the US Market which returned 19.5% over the past year.
Shareholder returns
| BCML | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | -1.8% | 0.3% |
| 30 Day | 0.06% | 13.5% | 3.3% |
| 90 Day | 27.8% | 38.8% | 14.2% |
| 1 Year | -32.2%-32.2% | -2.7%-6.2% | 23.8%21.1% |
| 3 Year | -21.8%-21.8% | 1.1%-7.6% | 45.0%35.4% |
| 5 Year | 18.5%18.5% | 89.7%65.6% | 127.7%102.3% |
Long-Term 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
2 weeks ago | Simply Wall St
How Many BayCom Corp (NASDAQ:BCML) Shares Did Insiders Buy, In The Last Year?1 month ago | Simply Wall St
What Type Of Returns Would BayCom's(NASDAQ:BCML) Shareholders Have Earned If They Purchased Their SharesYear Ago?2 months ago | Simply Wall St
What Is The Ownership Structure Like For BayCom Corp (NASDAQ:BCML)?Valuation
Is BayCom undervalued compared to its fair value and its price relative to the market?
38.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BCML ($15.4) is trading below our estimate of fair value ($24.88)
Significantly Below Fair Value: BCML is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BCML is poor value based on its PE Ratio (13.7x) compared to the US Banks industry average (12.3x).
PE vs Market: BCML is good value based on its PE Ratio (13.7x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: BCML is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: BCML is good value based on its PB Ratio (0.7x) compared to the US Banks industry average (1x).
Next Steps
Future Growth
How is BayCom forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
18.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BCML's forecast earnings growth (18.3% per year) is above the savings rate (2%).
Earnings vs Market: BCML's earnings (18.3% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: BCML's earnings are forecast to grow, but not significantly.
Revenue vs Market: BCML's revenue is expected to decline over the next 3 years (-0.5% per year).
High Growth Revenue: BCML's revenue is forecast to decline over the next 3 years (-0.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BCML's Return on Equity is forecast to be low in 3 years time (7%).
Next Steps
Past Performance
How has BayCom performed over the past 5 years?
26.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCML has a large one-off loss of $5.5M impacting its September 30 2020 financial results.
Growing Profit Margin: BCML's current net profit margins (17.6%) are lower than last year (22.4%).
Past Earnings Growth Analysis
Earnings Trend: BCML's earnings have grown significantly by 26.1% per year over the past 5 years.
Accelerating Growth: BCML's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BCML had negative earnings growth (-10.4%) over the past year, making it difficult to compare to the Banks industry average (-4.4%).
Return on Equity
High ROE: BCML's Return on Equity (5.4%) is considered low.
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
Asset Level: BCML's Assets to Equity ratio (8.9x) is low.
Allowance for Bad Loans: BCML has a sufficient allowance for bad loans (209%).
Low Risk Liabilities: 95% of BCML's liabilities are made up of primarily low risk sources of funding.
Loan Level: BCML has an appropriate level of Loans to Assets ratio (74%).
Low Risk Deposits: BCML's Loans to Deposits ratio (88%) is appropriate.
Level of Bad Loans: BCML has an appropriate level of bad loans (0.4%).
Next Steps
Dividend
What is BayCom current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BCML's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BCML's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BCML's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BCML's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BCML's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
George Guarini (66 yo)
4yrs
Tenure
US$1,999,940
Compensation
Mr. George J. Guarini is a founding member, Chief Executive Officer and President of United Business Bank ( Previousliy Known as Bay Commercial Bank) since 2004. Mr. Guarini has been the Chief Executive Of...
CEO Compensation Analysis
Compensation vs Market: George's total compensation ($USD2.00M) is above average for companies of similar size in the US market ($USD1.01M).
Compensation vs Earnings: George's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$2.00m | 1.52% $ 2.7m | |
| Senior EVP | 4yrs | US$874.37k | 0.55% $ 991.7k | |
| Senior EVP & COO | 4yrs | US$877.44k | 0.59% $ 1.1m | |
| Executive VP & Director of Labor Service Division of United Business Bank | 3.75yrs | no data | 0.037% $ 67.1k | |
| Executive VP & Chief Credit Officer of United Business Bank | 5.58yrs | no data | 0.038% $ 68.2k | |
| Executive VP & Chief Marketing Officer of United Business Bank | 4.83yrs | no data | no data | |
| Executive VP & Chief Risk Officer of United Business Bank | 7.33yrs | no data | 0.037% $ 66.8k | |
| Executive VP & Chief Lending Officer of United Business Bank | 2yrs | no data | 0.036% $ 65.5k |
4.0yrs
Average Tenure
58.5yo
Average Age
Experienced Management: BCML's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$2.00m | 1.52% $ 2.7m | |
| Independent Chairman of the Board | 4yrs | US$110.99k | 0.74% $ 1.3m | |
| Independent Director | 5yrs | US$78.89k | 0.97% $ 1.7m | |
| Independent Director | 5yrs | US$72.14k | 0.97% $ 1.8m | |
| Independent Director | 5yrs | US$84.79k | 0.45% $ 807.4k | |
| Independent Director | 3.75yrs | US$80.03k | 0.15% $ 272.9k | |
| Director | no data | no data | no data | |
| Independent Director | 4yrs | US$98.94k | 0.36% $ 639.7k | |
| Director of BC Bank | 9.25yrs | no data | no data | |
| Independent Director | 3.75yrs | US$27.35k | 0.039% $ 70.3k | |
| Independent Director | 1.08yrs | no data | 0.020% $ 36.1k |
4.0yrs
Average Tenure
66yo
Average Age
Experienced Board: BCML's board of directors are considered experienced (4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$179.778m
- Shares outstanding: 11.63m
- Website: https://www.unitedbusinessbank.com
Number of Employees
Location
- BayCom Corp
- 500 Ygnacio Valley Road
- Suite 200
- Walnut Creek
- California
- 94596
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BCML | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 2004 |
| B2J | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 23:03 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.