- BayCom Corp (BCML, Financial) increased its quarterly cash dividend by 33% to $0.20 per share.
- The dividend is payable on July 10, 2025, to shareholders registered by June 12, 2025.
- BayCom Corp, the parent company of United Business Bank, provides various loan and deposit services across multiple states.
BayCom Corp (BCML), the parent company of United Business Bank, has announced a significant increase in its quarterly cash dividend. The company's Board of Directors has declared a 33% rise in the dividend to $0.20 per share, up from the previous $0.15 per share. This increase reflects BayCom's commitment to enhancing shareholder value and confidence in its financial performance.
The newly announced dividend will be payable on July 10, 2025. Shareholders who are recorded as of the close of business on June 12, 2025, will be eligible to receive the dividend. This move is likely to attract more investors looking for robust dividend yields in the regional banking sector.
BayCom Corp, through its fully owned subsidiary United Business Bank, offers a comprehensive range of financial products, including SBA, CalCAP, FSA, and USDA guaranteed loans. Operating in California, Nevada, Washington, New Mexico, and Colorado, the bank is both an Equal Housing Lender and a member of the FDIC. BayCom's common stock is traded on NASDAQ under the ticker symbol BCML.
