Investing.com - BayCom (NASDAQ:BCML) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BayCom announced earnings per share of $0.49 on revenue of $20.24M. Analysts polled by Investing.com anticipated EPS of $0.42 on revenue of $20.2M.
BayCom shares are up 9.58% from the beginning of the year and are trading at $17.88 , down-from-52-week-high.They are under-performing the S&P/BMV IPC which is up 14.01% from the start of the year.
BayCom follows other major Financial sector earnings this month
BayCom's report follows an earnings beat by Ally Financial Inc on Tuesday, who reported EPS of $2.33 on revenue of $2.09B, compared to forecasts EPS of $1.5 on revenue of $1.86B.
Jefferies Financial had beat expectations on Monday, June 28, 2021 with second quarter EPS of $1.3 on revenue of $1.95B, compared to forecast for EPS of $0.9 on revenue of $1.58B.
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