BayCom Corp (NASDAQ: BCML) is a bank holding company that operates United Business Bank, a community bank serving commercial and agricultural borrowers. It makes money primarily through net interest income, the spread between interest earned on loans and investment securities and interest paid on deposits and borrowings, supplemented by noninterest income including service charges, loan servicing fees, and gains on SBA loan sales. Since 2010, BayCom has pursued a strategy of acquiring community banks, completing ten acquisitions through FY2025 with aggregate acquired assets of approximately $2.3 billion and assumed deposits of approximately $1.9 billion. Noninterest income totaled $6.1 million in FY2025, down 4.6% from $6.4 million in FY2024. BayCom declared a quarterly cash dividend of $0.30 per share in February 2026, having commenced dividend payments in 2022. At December 31, 2025, BCML had approximately 724 shareholders of record.

Revenue model

Net interest income from loans (including commercial, industrial, SBA 7(a), and agricultural loans) and investment securities, funded by deposits and borrowings. Secondary revenue streams include service charges and other fees ($3.5 million FY2025), loan servicing and other loan fees ($1.7 million FY2025), and gains on SBA 7(a) loan sales in the secondary market ($120,000 on $1.3 million sold in FY2025).

Products and services

Commercial and industrial loans, SBA 7(a) loans (originated $3.0 million in FY2025; $41.9 million portfolio with $30.8 million guaranteed portion unsold as of December 31, 2025), agricultural operating loans (machinery, equipment, breeding stock, seasonal crop, and livestock), deposit accounts, loan servicing, and service charge accounts.

Customers and end markets

Commercial businesses, agricultural operators, and small businesses. End markets include commercial and industrial lending, agricultural production, and SBA-eligible small businesses.

Value-chain role

Community bank deposit-taker and direct lender. Originates and holds loans on balance sheet, with selective secondary-market sales of guaranteed SBA 7(a) loan portions. Operates as an acquirer and consolidator of community banks, integrating acquired institutions onto a shared operational platform.

Geographic exposure

Primary markets in California, with a de novo branch opened in Las Vegas, Nevada in August 2023 to expand geographic footprint.

Source: SEC 10-K, filed 2026-03-16

Industry: State Commercial Banks Peers: ACNB Corp Blue Ridge Bankshares Inc First Western Financial Inc Northrim BanCorp Inc Parke Bancorp Inc Orrstown Financial Services Inc PNC Financial Services Group Inc Southern States Bancshares, Inc. Third Coast Bancshares Inc