BCML dividend history
BayCom Corp (BCML) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- BayCom Corp Announces Cash DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share on the Company's common stock. The dividend is payable on July 9, 2026 to shareholders of record as of the close of business on June 11, 2026. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and their affiliates in California, Nevada, Washington, New Mexico and Colorado. The Bank is an Equal Housing Lender and a
- BayCom Corp Announces Cash DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share on the Company's common stock. The dividend is payable on April 9, 2026 to shareholders of record as of the close of business on March 12, 2026. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and their affiliates in California, Nevada, Washington, New Mexico and Colorado. The Bank is an Equal Housing Lender and
- BayCom Corp Reports 2025 Fourth Quarter Earnings of $6.9 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $6.9 million, or $0.63 per diluted common share, for the fourth quarter of 2025, compared to earnings of $5.0 million, or $0.46 per diluted common share, for the third quarter of 2025 and $6.1 million, or $0.55 per diluted common share, for the fourth quarter of 2024. Net income for the fourth quarter of 2025 increased $1.9 million, or 37.0%, compared to the third quarter of 2025. This increase was primarily the result of a $2.7 million decrease in provision for credit losses and a $1.6 million increase in net interest income, partially offset by
- Baycom Corp Increases Quarterly Cash Dividend 20% to $0.30 Per ShareBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share on the Company's common stock, which represents a 20% increase (from $0.25 per share) 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. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and their affiliates in
- BayCom Corp Reports 2025 Third Quarter Earnings of $5.0 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $5.0 million, or $0.46 per diluted common share, for the third quarter of 2025, compared to earnings of $6.4 million, or $0.58 per diluted common share, for the second quarter of 2025 and $6.0 million, or $0.54 per diluted common share, for the third quarter of 2024. Net income for the third quarter of 2025 decreased $1.4 million, or 21.3%, compared to the second quarter of 2025. This decrease was primarily the result of a $2.8 million increase in provision for credit losses and a $192,000 increase in noninterest expense, partially offset by a $2
- BayCom Corp Increases Quarterly Cash Dividend 25% to $0.25 Per ShareBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share on the Company's common stock, which represents a 25% increase (from $0.20 per share) in the Company's quarterly dividend. The dividend is payable on October 9, 2025 to shareholders of record as of the close of business on September 11, 2025. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and their affiliates in
- BayCom Corp Reports 2025 Second Quarter Earnings of $6.4 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $6.4 million, or $0.58 per diluted common share, for the second quarter of 2025, compared to earnings of $5.7 million, or $0.51 per diluted common share, for the first quarter of 2025 and $5.6 million, or $0.50 per diluted common share, for the second quarter of 2024. Net income for the second quarter of 2025 increased $662,000, or 11.6%, compared to the first quarter of 2025. This increase was primarily the result of a $439,000 decrease in provision for credit losses, a $280,000 increase in net interest income, a $235,000 decrease in noninterest
- BayCom Corp Increases Quarterly Cash Dividend 33% to $0.20 Per ShareBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's common stock, which represents a 33% increase (from $0.15 per share) in the Company's quarterly dividend. The dividend is payable on July 10, 2025 to shareholders of record as of the close of business on June 12, 2025. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and their affiliates in Californ
- BayCom Corp Reports 2025 First Quarter Earnings of $5.7 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $5.7 million, or $0.51 per diluted common share, for the first quarter of 2025, compared to earnings of $6.1 million, or $0.55 per diluted common share, for the fourth quarter of 2024 and $5.9 million, or $0.51 per diluted common share, for the first quarter of 2024. Net income for the first quarter of 2025 compared to the fourth quarter of 2024 decreased $418,000, or 6.8%, primarily as a result of a $1.0 million increase in provision for credit losses, a $694,000 decrease in net interest income, a $19,000 increase in provision for income taxes an
- BayCom Corp Announces Cash DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share on the Company's common stock. The dividend is payable on April 10, 2025 to shareholders of record as of the close of business on March 13, 2025. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and their affiliates in California, Nevada, Washington, New Mexico and Colorado. The Bank is an Equal Housing Lender and a
- BayCom Corp Reports 2024 Fourth Quarter Earnings of $6.1 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $6.1 million, or $0.55 per diluted common share, for the fourth quarter of 2024, compared to earnings of $6.0 million, or $0.54 per diluted common share, for the third quarter of 2024 and $6.4 million, or $0.55 per diluted common share, for the fourth quarter of 2023. Net income for the fourth quarter of 2024 compared to the third quarter of 2024 increased $103,000, or 1.7%, primarily as a result of a $1.6 million decrease in provision for credit losses, $709,000 increase in net interest income, $306,000 decrease in provision for income taxes and
- BayCom Corp Increases Quarterly Cash Dividend 50% to $0.15 Per ShareBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share on the Company's outstanding common stock, which represents a 50% increase (from $0.10 per share) in the Company's quarterly dividend. The dividend is payable on January 10, 2025 to shareholders of record as of the close of business on December 12, 2024. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and their a
- BayCom Corp Reports 2024 Third Quarter Earnings of $6.0 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $6.0 million, or $0.54 per diluted common share, for the third quarter of 2024, compared to earnings of $5.6 million, or $0.50 per diluted common share, for the second quarter of 2024 and $6.6 million, or $0.56 per diluted common share, for the third quarter of 2023. Net income for the third quarter of 2024 compared to the second quarter of 2024 increased $417,000, or 7.4%, primarily as a result of a $570,000 increase in net interest income and a $1.3 million increase in noninterest income, partially offset by a $1.1 million increase in provision
- BayCom Corp Announces Cash DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share on the Company's common stock. The dividend is payable on October 10, 2024 to shareholders of record as of the close of business on September 19, 2024. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and their affiliates in California, Nevada, Washington, New Mexico and Colorado. The Bank is an Equal Housing Lend
- BayCom Corp Reports 2024 Second Quarter Earnings of $5.6 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $5.6 million, or $0.50 per diluted common share, for the second quarter of 2024, compared to earnings of $5.9 million, or $0.51 per diluted common share, for the first quarter of 2024 and $7.2 million, or $0.59 per diluted common share, for the second quarter of 2023. Net income for the second quarter of 2024 compared to the first quarter of 2024 decreased $277,000, or 4.7%, primarily as a result of a $112,000 decrease in net interest income and a $579,000 decrease in noninterest income, partially offset by a $81,000 decrease in provision for cre
- BayCom Corp Announces Cash Dividend and Adoption of New Stock Repurchase ProgramBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.10 per share on the Company's outstanding common stock. The cash dividend is payable on July 11, 2024, to shareholders of record as of the close of business on June 13, 2024. The Company today also announced that the Board approved the Company's ninth stock repurchase program, which authorizes the repurchase of up to 560,000 shares of the Company's common stock, or approximately 5% of currently outstanding shares, over a one-year period, through open market purchases, privately-negotiated trans
- BayCom Corp Reports 2024 First Quarter Earnings of $5.9 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $5.9 million, or $0.51 per diluted common share, for the first quarter of 2024, compared to earnings of $6.4 million, or $0.55 per diluted common share, for the fourth quarter of 2023 and $7.2 million, or $0.57 per diluted common share, for the first quarter of 2023. Net income for the first quarter of 2024 compared to the fourth quarter of 2023 decreased $521,000, or 8.1%, primarily as a result of a $1.1 million decrease in net interest income, a $615,000 decrease in noninterest income and a $997,000 increase in noninterest expense, partially of
- BayCom Corp Adjusts the Record Date for Its Recently Announced Quarterly DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, announced today that, due to regulatory and statutory requirements of the NASDAQ Global Select Market, the record date for the recently announced $0.10 per share quarterly cash dividend on BayCom common stock has been adjusted to now occur on March 16, 2024. The payable date for the dividend was not adjusted and will be payable on April 12, 2024. Please refer to BayCom's press release dated February 22, 2024 for additional information on the dividend. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full-range of loans, includin
- BayCom Corp Announces Cash DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors ("the Board") declared a quarterly cash dividend of $0.10 per share on the Company's outstanding common stock. The cash dividend will be payable on April 12, 2024 to shareholders of record as of the close of business on March 8, 2024. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full-range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and its affiliates in California, Washington, New Mexico and Colorado. The Bank is an
- BayCom Corp Reports 2023 Fourth Quarter Earnings of $6.4 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $6.4 million, or $0.55 per diluted common share, for the fourth quarter of 2023, compared to earnings of $6.6 million, or $0.56 per diluted common share, for the third quarter of 2023 and $7.6 million, or $0.59 per diluted common share, for the fourth quarter of 2022. Net income for the fourth quarter of 2023 compared to the third quarter of 2023 decreased $234,000 or 3.5%, primarily as a result of a $1.3 million decrease in net interest income and a $1.7 million increase in provision for credit losses, partially offset by a $1.0 million increase
- BayCom Corp Announces Cash DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors ("the Board") declared a quarterly cash dividend of $0.10 per share on the Company's outstanding common stock. The cash dividend will be payable on January 12, 2024 to shareholders of record as of the close of business on December 14, 2023. About BayCom Corp The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full-range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and its affiliates in California, Washington, New Mexico and Colorado. The Bank
- BayCom Corp Reports 2023 Third Quarter Earnings of $6.6 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $6.6 million, or $0.56 per diluted common share, for the third quarter of 2023, compared to earnings of $7.2 million, or $0.59 per diluted common share, for the second quarter of 2023 and $7.0 million, or $0.52 per diluted common share, for the third quarter of 2022. Net income for the third quarter of 2023 compared to the second quarter of 2023 decreased $576,000 or 8.0%, primarily as a result of a $1.9 million increase in provision for credit losses, reflecting a $674,000 provision for credit losses for the current quarter compared to a $1.3 mi
- BayCom Corp Announces Cash Dividend and Adoption of Stock Repurchase ProgramBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.10 per share on the Company's outstanding common stock. The cash dividend will be payable on October 13, 2023, to shareholders of record as of the close of business on September 15, 2023. The Company today also announced that the Board approved the Company's eighth stock repurchase program, which authorizes the repurchase of up to 588,000 shares of the Company's common stock, or approximately 5% of currently outstanding shares, over a one-year period, through open market purchases, privately-ne
- BayCom Corp Announces Cash DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share on the Company's outstanding common stock. The cash dividend will be payable on July 14, 2023 to shareholders of record as of the close of business on June 16, 2023. Safe-Harbor Statement Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to the Company's financial condition, results of operations, plans, objectives, future performance or business and ability to
- BayCom Corp Reports 2023 First Quarter Earnings of $7.0 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $7.0 million, or $0.55 per diluted common share, for the first quarter of 2023, compared to earnings of $8.1 million, or $0.62 per diluted common share, for the fourth quarter of 2022 and $6.5 million, or $0.51 per diluted common share, for the first quarter of 2022. Net income for the first quarter of 2023 compared to the fourth quarter of 2022 decreased $1.0 million, or 12.5%, primarily as a result of a $1.2 million decrease in net interest income, a $798,000 increase in provision for credit losses, and a $181,000 increase in noninterest expens
- Baycom Corp Increases Quarterly Cash Dividend 100% to $0.10 Per ShareBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share on the Company's outstanding common stock, which represents an increase of 100% over the $0.05 per share quarterly dividend declared on November 16, 2022. The cash dividend will be payable on April 14, 2023 to shareholders of record as of the close of business on March 10, 2023. About BayCom Corp BayCom Corp, through its wholly owned operating subsidiary, United Business Bank, offers a full-range of loans, including SBA, FSA and USDA guaranteed loans, and deposit products and services to busines
- BayCom Corp Reports 2022 Fourth Quarter Earnings of $8.1 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $8.1 million, or $0.62 per diluted common share, for the fourth quarter of 2022, compared to earnings of $7.2 million, or $0.54 per diluted common share, for the third quarter of 2022 and $5.4 million, or $0.51 per diluted common share, for the fourth quarter of 2021. For the year ended December 31, 2022, the Company announced earnings of $27.0 million, or $2.06 per diluted common share, compared to $20.7 million, or $1.90 per diluted common share, for the year ended December 31, 2021. Net income for the fourth quarter of 2022 compared to the prio
- BayCom Corp Announces Cash DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $.05 per share on the Company's outstanding common stock. The cash dividend will be payable on January 13, 2023 to shareholders of record as of the close of business on December 16, 2022. Safe-Harbor Statement Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to the Company's financial condition, results of operations, plans, objectives, future performance or business and abilit
- BayCom Corp Announces Adoption of Stock Repurchase ProgramBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors (the "Board") approved its sixth stock repurchase program for the repurchase of up to 645,000 shares of its common stock, or approximately 5% of its outstanding shares, over a one year period through open market purchases, privately-negotiated transactions, or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934. The new stock repurchase program will commence upon completion of the fifth stock repurchase program. To date, the Company has repurchased all of the 747,000 shares of Company common stock authorized for repurch
- BayCom Corp Reports 2022 Third Quarter Earnings of $7.2 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $7.2 million, or $0.54 per diluted common share, for the third quarter of 2022, compared to earnings of $5.2 million, or $0.38 per diluted common share, for the second quarter of 2022 and $5.4 million, or $0.51 per diluted common share, for the third quarter of 2021. For the nine months ended September 30, 2022 the Company announced earnings of $18.9 million, or $1.44 per diluted common share, compared to $15.3 million, or $1.39 per diluted common share, for same period in 2021. Net income for the third quarter of 2022 compared to the prior quarte
- BayCom Corp Announces Cash DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $.05 per share on the Company's outstanding common stock. The cash dividend will be payable on October 14, 2022 to shareholders of record as of the close of business on September 16, 2022. Safe-Harbor Statement Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to the Company's financial condition, results of operations, plans, objectives, future performance or business and abili
- BayCom Corp Reports 2022 Second Quarter Earnings of $5.2 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $5.2 million, or $0.38 per diluted common share, for the second quarter of 2022, compared to earnings of $6.5 million, or $0.51 per diluted common share, for the first quarter of 2022 and $5.3 million, or $0.49 per diluted common share, for the second quarter of 2021. For the six months ended June 30, 2022 the Company announced earnings of $11.7 million, or $0.89 per diluted common share, compared to $9.8 million, or $0.89 per diluted common share, for same period in 2021. Net income for the second quarter of 2022 compared to the prior quarter dec
- BayCom Corp Announces Cash DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $.05 per share on the Company's outstanding common stock. The cash dividend will be payable on July 15, 2022 to shareholders of record as of the close of business on June 17, 2022. Safe-Harbor Statement Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to the Company's financial condition, results of operations, plans, objectives, future performance or business and ability to co
- BayCom Corp Reports 2022 First Quarter Earnings of $6.5 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $6.5 million, or $0.51 per diluted common share, for the first quarter of 2022, compared to earnings of $5.4 million, or $0.51 per diluted common share, for the fourth quarter of 2021 and $4.5 million, or $0.40 per diluted common share, for the first quarter of 2021. Acquisition of Pacific Enterprise Bancorp On February 1, 2022, the Company completed its acquisition of Pacific Enterprise Bancorp ("PEB") pursuant to an Agreement and Plan of Merger, dated September 7, 2021 (the "Merger Agreement"), by and between BayCom and PEB. Under the terms of
- BayCom Corp Announces Cash DividendBayCom Corp (NASDAQ:BCML) ("BayCom" or the "Company"), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $.05 per share on the Company's outstanding common stock. The cash dividend will be payable on April 15, 2022 to shareholders of record as of the close of business on March 11, 2022. "We are pleased with the payment of this initial cash dividend to our shareholders," said George Guarini, President and Chief Executive Officer of the Company. "The payment represents the first time in the Company's history that we have declared a dividend. This represents our long-term commitment to enhancing shareholder value, and
- BayCom Corp Reports 2021 Fourth Quarter Earnings of $5.4 Million and Annual 2021 Earnings of $20.7 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $5.4 million, or $0.51 per diluted share, for the fourth quarter of 2021, compared to earnings of $5.4 million, or $0.51 per diluted share, for the third quarter of 2021 and $4.5 million, or $0.39 per diluted share, for the fourth quarter of 2020. Net income for the fourth quarter of 2021 compared to the prior quarter increased $26,000, or 0.5%, primarily as a result of a $1.5 million increase in net interest income, and a $125,000 decrease in noninterest expense, partially offset by a $1.4 million decrease in noninterest income and a $100,000 decr
- BayCom Corp Reports 2021 Third Quarter Earnings of $5.4 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank" or "UBB"), announced earnings of $5.4 million, or $0.51 per diluted share, for the third quarter of 2021, compared to earnings of $5.3 million, or $0.49 per diluted share, for the second quarter of 2021 and $3.2 million, or $0.27 per diluted share, for the third quarter of 2020. Net income for the third quarter of 2021 compared to the prior quarter increased $104,000, or 2.0%, primarily as a result of a $1.6 million increase in noninterest income, partially offset by a $984,000 change in the provision for loan losses, related to a $477,000 provision for loan losses recorded in the
- BayCom Corp Reports 2021 Second Quarter Earnings of $5.3 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank"), announced earnings of $5.3 million, or $0.49 per diluted share, for the second quarter of 2021, compared to earnings of $4.5 million, or $0.40 per diluted share, for the first quarter of 2021 and $3.1 million, or $0.26 per diluted share, for the second quarter of 2020. Net income for the second quarter of 2021 compared to the prior quarter increased $776,000, 17.1%, primarily as a result of a $507,000 reversal of provision for loan losses, a $216,000 increase in noninterest income and a $676,000 decrease in noninterest expense, partially offset by a $302,000 decrease in net inte
- BayCom Corp Reports 2021 First Quarter Earnings of $4.5 MillionBayCom Corp ("BayCom" or the "Company") (NASDAQ:BCML), the holding company for United Business Bank (the "Bank"), announced earnings of $4.5 million, or $0.40 per diluted share, for the first quarter of 2021, compared to earnings of $4.5 million, or $0.39 per diluted share, for the fourth quarter of 2020 and $2.8 million, or $0.23 per diluted share, for the first quarter of 2020. Net income for the first quarter of 2021 compared to the prior quarter was unchanged at $4.5 million, primarily as a result of a $1.9 million decrease in provision for loans losses, which was offset by a $831,000 decrease in noninterest income, a $702,000 increase in the income tax provision and a $217,000 decrease