StoneX initiates coverage of BayCom with a Buy rating
Fintel reports that on September 24, 2026, StoneX initiated coverage of BayCom (NASDAQGS:BCML) (DB:B2J) with a Buy recommendation. Founded in 2004, BayCom Corp operates primarily in the banking industry within the United States, offering a comprehensive range of financial services tailored to meet the needs of individual consumers, small and medium-sized businesses, and other organizations. The company's key projects generally involve the expansion of its services, including commercial banking, real estate financing, and wealth management.
Prior to this coverage initiation, the stock recorded a pre-action close of $29.64 on September 23, 2026, which is identical to the latest close of $29.64 on September 23, 2026. Over a one-week period, the stock price experienced a change of -1.30% from a baseline close of $30.03 on September 16, 2026. Over a one-month period, the stock price changed by -1.20% from a baseline close of $30.00 on August 21, 2026.
The consensus target price and recommendation data present a distinct picture from StoneX's individual rating. As of September 15, 2026, the current consensus target mean and median stood at $32.64, representing an implied change of +10.12%. This mean target was unchanged from the prior consensus target mean of $32.64 on August 28, 2026, representing a revision of 0.00%. Meanwhile, the current recommendation period as of September 1, 2026, shows a total of 8 recommendations, consisting of 0 strong buy, 0 buy, 5 hold, 1 sell, and 2 strong sell ratings. These figures, which reflect 0.0% positive, 62.5% hold, and 37.5% negative recommendations, remained unchanged from the prior recommendation period on August 1, 2026.
In its latest quarterly financial results reported on July 23, 2026, BayCom Corp posted an actual EPS of -0.64 against an estimated EPS of 0.4284, which is an EPS surprise of -249.39%. The company's actual revenue reached $25,728,000.00, compared to the estimated revenue of $25,227,996.00. The company's next earnings report is scheduled for October 15, 2026. According to a Form 8-K filing dated August 19, 2026, the company is incorporated in California and maintains its principal executive offices at 500 Ygnacio Valley Road, Suite 200, Walnut Creek, CA 94596.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 24, 2026 | StoneX | Buy | initiated coverage |
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This story originally appeared on Fintel.