Overview

• BayCom Q3 net income of $5.0 mln misses analyst expectations

• Net income decreased 21.3% from Q2 2025 due to higher credit loss provisions

• Company repurchased 33,300 shares at $27.29 average cost in Q3 2025

Outlook

• BayCom expects stable credit quality and improving earnings performance despite economic uncertainties

• Company remains committed to strategic share repurchases and cash dividends

Result Drivers

• CREDIT LOSS PROVISION - Increased provisions for credit losses impacted net income negatively

• INTEREST INCOME - Higher loan yields and balances drove increase in net interest income

• BALANCE SHEET ACTIONS - Repayment of subordinated debt and increased loan loss reserves incurred one-time costs

Key Details

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 $31.00, about 10.7% above its October 21 closing price of $27.69

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

Press Release: ID:nBw8N8CQDa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)