NASDAQ$BCML

Baycom Corp · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Baycom's earnings were reported for Q4 2024, with a net income of $6.1 million and EPS of $0.55.

BayCom Corp reported a net income of $6.1 million, or $0.55 per diluted common share, for the fourth quarter of 2024. The results reflect new lending activities and improvement in the net interest margin. The company is optimistic about continuing demand for lending and improving bank valuations in 2025.

  • Net income for Q4 2024 was $6.1 million, or $0.55 per diluted common share.
  • Annualized net interest margin was 3.80% for the current quarter.
  • Assets totaled $2.7 billion at December 31, 2024.
  • Loans, net of deferred fees, totaled $2.0 billion at December 31, 2024.

Headline financials

Total Revenue

$23.7M

Previous: $26.2M-9.7%
EPS (adj)

$0.55

Previous: $0.55+0.0%
Net Income

$6.12M

Previous: $6.4M-4.3%
Operating Income

$8.09M

Previous: $8.81M-8.1%
Gross Profit

$23.6M

No prior period

Revenue & EPS history

Baycom · Revenue · Quarterly

$23.7M

Q4 2024-9.7%vs Q4 2023
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

Baycom · $22.6M total across 2 segments · Q1 2020

  • Net Interest Income
    $20M+34.2%
  • Noninterest Income
    $2.6M+23.8%

Forward guidance

BayCom is optimistic for 2025, anticipating continued demand for lending and improved bank valuations, while remaining committed to enhancing shareholder value through share repurchases and cash dividends.

Tailwinds

  • Continuing demand for lending.
  • Improving bank valuations.
  • Enhancing shareholder value through share repurchases.
  • Enhancing shareholder value through cash dividends.
  • Continuing to provide exceptional value to clients and shareholders alike.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.1%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.3%

Avg return

30 days after

50%

27 / 54 earnings

Positive

+9.2%

Q4 2021

Best reaction

-8.7%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.3%+1.2%+6.7%
Q4 2025-2.4%-5.1%+0.5%
Q3 2025-0.7%-1.1%+6.1%
Q2 2025-1.9%-0.3%+3.6%
Q1 2025+0.1%+3.5%+3.6%
Q4 2024+2.7%+5.7%+3.5%
Q3 2024+0.0%+0.4%+11.4%
Q2 2024-2.1%+0.9%-7.2%
Q1 2024+1.3%+1.4%+5.0%
Q4 2023+0.2%+0.6%-7.4%
Q3 2023-0.3%-2.6%+6.8%
Q2 2023+7.2%+10.0%+5.6%
Q1 2023-4.3%-5.5%-6.7%
Q4 2022+0.6%+4.7%+3.1%
Q3 2022-3.8%+1.6%+2.4%
Q2 2022-8.7%-9.5%-5.8%
Q1 2022+1.5%+0.4%-5.0%
Q4 2021+9.2%+9.1%+14.7%
Q3 2021-0.5%-0.4%+4.3%
Q2 2021+1.8%+2.0%-3.9%
Q1 2021+0.8%+1.0%+2.6%
Q4 2020+0.0%-1.4%+16.3%
Q3 2020+2.4%-3.3%+23.4%
Q2 2020-6.5%-5.1%-10.1%
Q1 2020+1.4%+16.6%+9.0%
Q4 2019+0.8%+0.9%-6.7%
Q3 2019-2.5%+0.7%+3.9%
Q2 2019+1.7%+2.1%-5.4%
Q1 2019+0.9%+7.2%-3.9%
Q4 2016-4.9%-10.2%-3.9%
Q4 2018+0.5%-2.5%+6.6%
Q3 2017-1.2%+0.6%-6.5%
Q3 2018-5.9%-5.3%-0.9%
Q4 2017+0.8%+1.3%-0.1%
Q2 2017+0.8%+1.3%-0.1%
Q2 2018+1.5%+1.1%+11.2%
Q1 2017-0.2%+3.5%+1.5%
Q1 2018+3.0%+5.4%+8.1%
Q3 2016+0.1%+0.0%+0.0%
Q2 2016+0.6%+0.6%+3.7%
Q1 2016-0.3%
Q4 2015+0.0%
Q3 2015+0.0%
Q2 2015+0.0%
Q1 2015-0.3%
Q4 2014-0.4%
Q3 2014+0.8%
Q2 2014+0.5%
Q1 2014+0.4%
Q4 2013+0.0%
Q3 2013+0.0%
Q2 2013+0.0%
Q1 2013-0.6%
Q4 2012+0.0%

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