Bay Commercial Bank (BCML) Given $29.25 Average Target Price by Analysts

Bay Commercial Bank (NYSE:BCML) has received a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.

Brokers have set a twelve-month consensus target price of $29.25 for the company and are anticipating that the company will post $0.36 earnings per share for the current quarter, according to Zacks. Zacks has also given Bay Commercial Bank an industry rank of 68 out of 257 based on the ratings given to related companies.

BCML stock opened at $24.32 on Wednesday. Bay Commercial Bank has a 52-week low of $19.25 and a 52-week high of $26.94.

Bay Commercial Bank (NYSE:BCML) last posted its earnings results on Wednesday, October 24th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.11). The firm had revenue of $14.65 million for the quarter, compared to analyst estimates of $14.77 million.

Bay Commercial Bank Company Profile

BayCom Corp. operates as a bank holding company of Bay Commercial Bank. It offers loans, credit, deposit products and services, business cash management, business and personal services, 1031 Exchange, and escrow services through its bank subsidiary. The company was founded on November 9, 2016 and is headquartered in Walnut Creek, CA.

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