BCML Stock Summary and Trading Ideas (Baycom | NASDAQ:BCML)

BayCom Corp is a bank holding company for United Business Bank. It provides a broad range of financial services to businesses and business owners as well as individuals through its full-service branches and loan production office. The company targets its services to small and medium-sized businesses, professional firms, real estate professionals, nonprofit businesses, labor unions, and related nonprofit entities and businesses and individual consumers. Its products and services include deposit products, personal accounts, loans, online banking, cash management, and business savings services.

Baycom trades on the NASDAQ stock market under the symbol BCML.

As of January 15, 2025, BCML stock price climbed to $26.69 with 12,210 million shares trading.

BCML has a beta of 0.89, meaning it tends to be less sensitive to market movements. BCML has a correlation of 0.13 to the broad based SPY ETF.

BCML has a market cap of $297.07 million. This is considered a Small Cap stock.

Last quarter Baycom reported $26 million in Revenue and $.54 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.03.

In the last 3 years, BCML traded as high as $30.13 and as low as $15.02.

The top ETF exchange traded funds that BCML belongs to (by Net Assets): VTI, IWM, VXF, IWN, AVUV.

BCML has underperformed the market in the last year with a price return of +24.5% while the SPY ETF gained +25.8%. However, in the short term, BCML had mixed performance relative to the market. It has outperformed in the last 3 months, returning +12.3% vs +1.7% return in SPY. But in the last 2 weeks, BCML shares have been beat by the market, returning -0.6% compared to an SPY return of +1.1%.

BCML support price is $24.73 and resistance is $26.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BCML shares will trade within this expected range on the day.