BayCom Corp (NASDAQ: BCML) serves as the bank holding company for United Business Bank, a community-focused commercial bank established in 2004. Headquartered in Walnut Creek, California, the company operates a network of over 30 full-service branches spanning California, Washington, New Mexico, Colorado, and Nevada. BayCom's business model centers on relationship banking, providing tailored financial solutions to small and medium-sized businesses, entrepreneurs, real estate investors, and local professionals who value personalized service over large national lenders.
The company generates revenue primarily through traditional banking activities, collecting interest on its loan portfolio and investing customer deposits in interest-earning assets, supplemented by non-interest income from service charges, treasury management, and other banking fees. Its lending portfolio is heavily concentrated in commercial and multifamily real estate loans, alongside commercial and industrial (C&I) loans, SBA loans, construction loans, and consumer loans. On the deposit side, BayCom offers demand, savings, money market, and time deposit accounts, supported by comprehensive treasury and cash-management services. A defining characteristic of BayCom's strategy has been its aggressive growth through mergers and acquisitions, having completed numerous strategic acquisitions since its inception to expand its geographic footprint and scale its operations across the Western United States.
