BayCom (OTCMKTS:BCML) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Tuesday.
According to Zacks, “BayCom Corp provides commercial banking products and services to businesses and individuals. The company offers deposit products, loans, online banking, cash management and banking services. BayCom Corp, formerly known as Bay Commercial Bank, is based in Walnut Creek, California. “
Shares of BayCom (BCML) opened at $22.75 on Tuesday. BayCom has a 1 year low of $16.20 and a 1 year high of $22.95. The company has a market cap of $130.58, a PE ratio of 20.87 and a beta of 0.55.
BayCom Corp. is a bank holding company for Bay Commercial Bank. The Bank is engaged in providing various lending alternatives. The Bank offers a full-range of loans, including small business administration (SBA), farm service agency (FSA) and the United States department of agriculture (USDA) loans, and deposit products and services to businesses and their affiliates throughout the Greater Bay Area.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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