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BCML News
BCML Events
BayCom Files $200M Mixed Securities Shelf
BayCom files $200M mixed securities shelf
BayCom Annualized Net Interest Margin Rises to 4.11%
Annualized net interest margin was 4.11% for the current quarter, up from 4.03% the preceding quarter and 3.83% the same quarter a year ago. Annualized return on average assets was 1.25% for current quarter, up from 1.05% the preceding quarter and 0.89% the same quarter a year ago. William Black, Executive Vice Chairman, commented, "I am excited to join BayCom and United Business Bank alongside my colleagues Chris Baron, the Company's new President & Chief Executive Officer, and Kevin Thompson, the Company's new Chief Financial Officer. I want to thank the departing executives, who worked tirelessly over the past 22 years to create a well-respected institution with a strong foundation for future growth - a clean balance sheet, a strong deposit franchise, and a disciplined credit culture."
BayCom Appoints New Executives to Drive Growth
BayCom announced that its Board of Directors has approved a leadership transition and appointed three new executives to execute the company's next phase of growth. The Board has appointed William J. Black, Jr. as Executive Vice Chairman of the Company and the Bank. The Board has appointed Christopher F. Baron as President and Chief Executive Officer of the Company and the Bank. The Board has also appointed Kevin L. Thompson as Executive Vice President and Chief Financial Officer of the Company and the Bank. In connection with the management transition, George J. Guarini, Janet L. King and Keary L. Colwell have each tendered their resignations from the Board of Directors of the Company, effective April 10, 2026. The Company's Board has approved the appointments of Mr. Baron and Mr. Black as members of the Board, each effective as of April 13, 2026. Lloyd W. Kendall, Jr. will continue to serve as Chair and William J. Black, Jr. will serve as Executive Vice Chair.
Company Reports Q4 Tangible Book Value of $27.37
Reports Q4 tangible book value per share $27.37. Reports Q4 CET1 capital ratio 13.84%. George Guarini, president and CEO, commented, "Our financial results for the fourth quarter and full year 2025 reflect a continuing trend of growth in core lending activity and improvement in net interest income, supported by disciplined balance sheet management. Net interest income increased both quarter over quarter and year over year, while full-year noninterest expense declined, reflecting our ongoing focus on operating efficiency. We also took steps in 2025 to strengthen our balance sheet by repaying our subordinated debt and increasing our loan loss reserves. These actions were taken to enhance our financial flexibility and prudently position the Company amid economic and interest rate uncertainty. Overall, our financial condition remains strong, and our earnings remain steady."
BayCom Increases Quarterly Dividend by 20% to $0.30 per Share
BayCom Corp announced that its Board of Directors declared a quarterly cash dividend of 30c per share on the company's common stock, which represents a 20% increase in the company's quarterly dividend. The dividend is payable on January 9, 2026 to shareholders of record as of the close of business on December 11, 2025.
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