BayCom Corp

AI-generated fair value estimate for this company.

Method: Residual income model: book value per share $30.95 (stockholders' equity $335.4M / ~10.85M shares), normalized ROE 7.5% (3-year average net income ~$25M on current equity base), 10% cost of equity, 2% terminal growth, implying a ~0.6875x P/B multiple applied to book value.

Reasoning: BayCom's book value and tangible common equity ratio (11.62%) are well documented, but a recent quarterly loss was distorted by one-time executive-transition and credit-provision items management called non-recurring, so normalizing to trailing multi-year average ROE gives a more sustainable earnings-power estimate.