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BCMLBayCom Corp
$33.46$365M
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  4. Financial Ratios

BayCom Corp (BCML) Financial Ratios

Latest Ratios: P/E Ratio 15.3x · EV/EBITDA 10.0x · ROE 7.2%. (2004–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

BCML Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$365M$320M$302M$285M$249M$204M$182M$287M$224M$127M$81M
Enterprise Value$361M$316M$366M$353M$309M$264M$233M$286M$207M$122M$74M
P/E Ratio →15.3513.4912.7810.3910.499.8713.1916.6015.3924.0113.63
P/S Ratio2.572.262.202.142.242.201.903.363.502.602.61
P/B Ratio1.080.950.930.910.790.780.721.131.111.071.04
P/FCF12.1310.6510.559.936.4322.3826.7651.6942.8414.1513.27
P/OCF11.4710.069.969.256.2919.5718.1641.2935.8813.6012.82

P/E links to full P/E history page with 30-year chart

BCML EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—2.232.662.652.782.852.443.343.242.492.38
EV / EBITDA10.008.7610.338.588.488.1610.6310.789.177.726.56
EV / EBIT10.979.6111.389.259.539.2712.7912.0710.118.607.13
EV / FCF—10.5012.7612.307.9828.9534.3751.4439.6513.5812.09

BCML Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin68.4%68.4%69.6%77.1%86.7%90.0%79.9%87.2%89.4%90.2%88.2%
Operating Margin23.2%23.2%23.3%28.7%29.2%30.7%19.1%27.7%32.0%29.0%33.3%
Net Profit Margin16.9%16.9%17.1%20.6%21.3%22.3%14.4%20.2%22.6%10.8%19.0%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE7.2%7.2%7.4%8.7%8.2%8.0%5.4%7.6%9.1%5.3%7.9%
ROA0.9%0.9%0.9%1.1%1.0%0.9%0.7%1.0%1.1%0.5%0.9%
ROIC6.4%6.4%5.9%7.1%6.5%6.2%4.4%7.3%9.1%10.2%10.3%
ROCE2.2%2.2%7.6%9.2%8.5%8.2%5.8%9.6%11.8%13.1%13.2%

BCML Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.070.070.270.280.280.320.350.090.040.10—
Debt / EBITDA0.620.622.452.122.452.624.060.900.360.72—
Net Debt / Equity—-0.010.200.220.190.230.20-0.01-0.08-0.04-0.09
Net Debt / EBITDA-0.12-0.121.791.651.651.852.35-0.05-0.74-0.32-0.64
Debt / FCF—-0.152.212.371.556.567.61-0.25-3.19-0.57-1.18
Interest Coverage0.800.800.791.343.133.242.052.714.153.283.37

Net cash position: cash ($27M) exceeds total debt ($22M)

BCML Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio55.0655.060.030.030.100.100.090.090.100.060.06
Quick Ratio55.0655.060.030.030.100.100.090.090.100.060.06
Cash Ratio7.147.140.010.010.010.010.020.010.020.010.01
Asset Turnover—0.050.050.050.040.040.040.040.040.040.05
Inventory Turnover———————————
Days Sales Outstanding———————————

BCML Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield1.8%2.1%1.1%1.3%0.8%——————
Payout Ratio27.6%27.6%14.3%13.3%8.5%——————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield6.5%7.4%7.8%9.6%9.5%10.1%7.6%6.0%6.5%4.2%7.3%
FCF Yield8.2%9.4%9.5%10.1%15.6%4.5%3.7%1.9%2.3%7.1%7.5%
Buyback Yield1.9%2.2%3.1%8.5%7.2%5.7%10.1%3.8%0.0%0.0%1.1%
Total Shareholder Yield3.7%4.2%4.2%9.7%8.0%5.7%10.1%3.8%0.0%0.0%1.1%
Shares Outstanding—$11M$11M$12M$13M$11M$12M$13M$10M$7M$5M

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetHealthy
Cash FlowStable
Top Statement Risk

CRE portfolio refinancing risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Skepticism Regarding Scale Potential

According to current market data, BCML trades at a P/B of 1.05, which suggests that investors are pricing the bank as a commodity balance sheet rather than a premium franchise, likely reflecting concerns over the bank's ability to generate superior returns on its multi-state footprint.

The current P/B multiple of 1.05 indicates that the market is not assigning a significant premium to the bank's M&A-driven growth strategy. This valuation implies that investors remain cautious about the bank's ability to scale its hub-and-spoke model into a more profitable, high-ROTCE franchise.

DuPont Analysis Reveals Profitability Headwinds

As reported in the quarterly financial data, BCML's ROE has remained compressed in the low single digits, specifically 2.4% in 2026Q1, which indicates that the bank's profitability is currently strained by a combination of thin net interest margins and high operating expenses relative to revenue.

The DuPont decomposition suggests that the bank's profitability is hampered by a low NIM of 1.0% and an efficiency ratio that remains elevated. The lack of significant non-interest income contribution further limits the bank's ability to drive ROE expansion without taking on excessive leverage.

Margin Compression and Operational Bloat

Based on the provided financial statements, BCML's NIM has hovered around 0.9% to 1.0% over the last ten quarters, a trend that suggests the bank is struggling to maintain pricing power in its competitive Western US markets while managing a high fixed-cost branch network.

The efficiency ratio, which fluctuated between 42.9% and 47.5% during the observed period, highlights the difficulty of maintaining cost discipline across a 33-branch footprint. This operational structure appears to be a drag on profitability, as the bank has not yet achieved the scale necessary to drive significant operating leverage.

Structural Lag Against Regional Peers

As indicated by comparative peer data, BCML's ROE of 2.4% significantly lags behind regional peers like Banner Corporation and Hanmi Financial, which report ROEs in the 10% range, suggesting that BCML's current performance gap is structural rather than purely cyclical.

The valuation gap between BCML and its peers, such as HTBK and BANR, appears to be driven by the bank's lower profitability metrics and its reliance on inorganic growth. Investors should monitor whether the bank can improve its core earnings power to close this performance disparity.

Misapplication of P/E Multiples

The P/E ratio is the most commonly misapplied metric for BCML, as it obscures the volatility introduced by lumpy SBA gain-on-sale income and the accounting impact of M&A-related expenses, which can lead to a distorted view of the bank's underlying earnings quality.

Analysts should prioritize P/TBV over P/E when evaluating BCML, as the latter is highly sensitive to non-recurring items and provisioning changes. Focusing on tangible book value provides a more accurate assessment of the bank's capital base and its long-term value creation potential.

Download Financial Ratios Data

Includes 30+ ratios · 19 years · Updated daily

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BCML — Frequently Asked Questions

Quick answers to the most common questions about buying BCML stock.

What is BayCom Corp's P/E ratio?

BayCom Corp's current P/E ratio is 15.3x. The historical average is 15.4x. This places it at the 61th percentile of its historical range.

What is BayCom Corp's EV/EBITDA?

BayCom Corp's current EV/EBITDA is 10.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.5x.

What is BayCom Corp's ROE?

BayCom Corp's return on equity (ROE) is 7.2%. The historical average is 6.9%.

Is BCML stock overvalued?

Based on historical data, BayCom Corp is trading at a P/E of 15.3x. This is at the 61th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is BayCom Corp's dividend yield?

BayCom Corp's current dividend yield is 1.81% with a payout ratio of 27.6%.

What are BayCom Corp's profit margins?

BayCom Corp has 68.4% gross margin and 23.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.

How much debt does BayCom Corp have?

BayCom Corp's Debt/EBITDA ratio is 0.6x, indicating low leverage. A ratio below 2x is generally considered financially healthy.